Expats Living in Portugal Travel

Portugal – This week in the news

Here are the most relevant news about Portugal this week.

Here’s a look at the main headlines about Portugal this week.

Portugal tourist arrivals spike 12 pct to new record in 2017

“The number of foreign tourists visiting Portugal rose nearly 12 percent last year to a record 12.7 million people, contributing to the once-bailed out country’s strongest economic growth since 2000, official data showed on Wednesday. Tourism and all travel-related revenues account for about 10 percent of Portugal’s gross domestic product, which expanded 2.7 percent last year. The tourism sector is also a key source of employment and big component of exports of services.”

Algarve returns to Lisbon for BTL tourism fair

“The Algarve will be promoting more than “sun and sea” at Lisbon’s BTL tourism fair being held between February 28 and March 4. Nature, outdoor activities and sport, gastronomy and wines, and culture are just some of the “tourist products” that will be showcased at the popular annual event by the Algarve Tourism Board (RTA).”

Ryanair expects Easter week strike in Ireland or Portugal

“Ryanair expects staff to strike during Easter week in either Ireland or Portugal, chief executive Michael O’Leary said on Wednesday, as talks with some of the airline’s unions over formal recognition and improved conditions faltered.”

Portugal says it wants Jews and Jewish investment in country

“The Jewish communities have had crucial roles in the Portuguese history, namely Pedro Álvares Cabral, who discovered Brazil, and in the United States, the oldest synagogue, Shearith Israel, located in New York, was founded by Portuguese Jews. This is why we have created a special law to grant Portuguese nationality to descendants of Sephardic Jews, and we have been experiencing a very high demand.”

Lisbon and Portuguese Resort Spots on the Rise

“Portugal, like several other European countries, has been going for gold in the last few years. Golden visas, that is… The program yielded more than €3 billion (US$3.8 billion) in Portuguese investments as of the end of last year, according to the Foreigners and Borders Service. Brazil, China and South Africa are the top three nationalities attracted through Portugal’s golden visa program, according to government statistics.”

Algarve Tourism Board slams extension of oil drilling licence

“The Algarve Tourism Board has spoken out against the extension of a licence allowing drilling for oil off the Vicentine coast.”

Why Portugal Is A Top Choice For Foreign Investors

“Where else could I have all this? In February?” asked the retired Swiss investment banker sitting inside Fabrica Coffee Roasters on Lisbon’s Rua da Flores, gesturing towards the sunny street outside. In 2016, he and his wife joined a steadily increasing trend of expatriates taking up Portuguese residency and bought a villa just outside Lisbon. Over coffee and pasteis nata, he described winters spent sailing and playing tennis, wining and dining, enjoying music, art and shopping and golf on the championship courses at Penha Longa in the Sintra foothills and Oitavos Dunes (see picture). And, he added, almost as an afterthought, it helped that Portugal’s tax regime was so attractive.”

Portugal launches new film, TV rebates in bid to lure Hollywood

“With its grand castles and churches, picturesque cityscapes and long coastline, Portugal boasts the kind of scenery of that would make a Hollywood location scout salivate.”

“Staring out across the Atlantic from the westernmost point of Europe is a surreal experience only situationists can appreciate. Inspired by philosopher Guy Debord’s 1950s artistic movement dérive, we set off for a three-day escape in Portugal’s verdant, moody and culinarily phenomenal Sintra region.”

 

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