LISBON: AN ATTRACTIVE NEARSHORE CENTER (NEARSHORING-PORTUGAL)

Expanding the development team requires careful and thoughtful evaluation, in which several factors are considered

Jul 10th 2020
Lisbon: An attractive Nearshore center (Nearshoring-Portugal)

 

New Lisbon, old reputation

It seems distant the 16th century and all the dynamics of the time. Although the truth is that Lisbon regained, in the 21st century, the distinction of “stage for the meeting of every culture.” 
The boats arriving and departing from the Tagus River were replaced by flights from all over the world; the experienced navigators and traders by technological entrepreneurs; and, finally, the astronomical and cartographic knowledge of Casa da Índia gave rise to a crucial meeting point for worldwide innovation as the Web Summit. As at that time, Lisbon is nowadays an important business center recognized for its investment in innovation, technological growth, and quality infrastructure. But after all, what makes Lisbon a top business center? So let’s go into detail.

 

Tech Hub

In recent years, Portugal has become a “technological trend” and is often recognized as one of the best places in the world to live, work, and do business. A vibrant tech life and highly qualified people, contribute to Portugal taking over as one of the main nearshore centers, which is recognized by the latest OECD data. Portugal is the second country in Europe with the highest rate of engineering graduates, the 19th in the world in terms of innovation, but it does not stay here. Optical Fiber was still a mirage for many countries in Europe, and Portugal had already taken great steps in extending that network. The same, in fact, may mean the introduction of electric cars, in which Portugal is the world leader in fast and ultra-fast chargers. A link between cultures and continents, Lisbon is the place where technological development is embraced by the boom of startups and by the fixation of giants like Google and Microsoft.

 

Quality of life

The Atlantic, the Mediterranean and Portuguese gastronomy are unique ingredients, but we cannot dismiss the peaceful and welcoming character of the Portuguese population. Those who visit Lisbon are inevitably fascinated by the security with which we can stroll through the city at any time. It is usual to attribute this to the extraordinary mixture of cultures that is felt from the west to the east of the city. Did you know that Portugal is the 3rd safest country in the world? It’s a real oasis in Europe, isn’t it? 

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