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News Updates

Find out the latest news on deVere Portugal featuring top financial and economic updates.

Politics

Portugal’s largest opposition party to allow 2025 budget to pass

Portugal’s main opposition party has announced that it intends to allow the 2025 budget proposal to pass in parliament, a crucial move for the survival of the country’s minority government.

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posted on 22.10.2024

Business

Portugal needs to retrain 30% of workers in AI to boost productivity

Portugal would be required to retrain 1.3 million workers, approximately 30% of its employed population, to effectively utilise generative artificial intelligence (AI) if it aims to bridge the productivity gap

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posted on 22.10.2024

Economy

Surge in family applications for Portugal’s Golden Visa Program in 2023

Portugal's Golden Visa Program saw a significant rise in the number of residence permits issued in 2023.

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posted on 07.10.2024

Economy

Portugal’s property market picks up pace in Q2

The housing market in Portugal is gaining momentum, with leading Portuguese property analyst Confidencial Imobiliário reporting that 33,350 dwellings were sold in mainland Portugal during the second quarter of 2024.

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posted on 20.09.2024

Politics

Portugal’s largest opposition party to allow 2025 budget to pass

Portugal’s main opposition party has announced that it intends to allow the 2025 budget proposal to pass in parliament, a crucial move for the survival of the country’s minority government.

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posted on 22.10.2024

Business

Portugal needs to retrain 30% of workers in AI to boost productivity

Portugal would be required to retrain 1.3 million workers, approximately 30% of its employed population, to effectively utilise generative artificial intelligence (AI) if it aims to bridge the productivity gap

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posted on 22.10.2024

Economy

Surge in family applications for Portugal’s Golden Visa Program in 2023

Portugal's Golden Visa Program saw a significant rise in the number of residence permits issued in 2023.

User Icon

posted on 07.10.2024

Economy

Portugal’s property market picks up pace in Q2

The housing market in Portugal is gaining momentum, with leading Portuguese property analyst Confidencial Imobiliário reporting that 33,350 dwellings were sold in mainland Portugal during the second quarter of 2024.

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posted on 20.09.2024

Economy

Government forecasts Portugal’s economy to grow 2% in 2024 and 2025 

​​​​​​​Portugal’s government forecasts the economy will grow by 2% this year and in 2025, with anticipated budget surpluses of 0.3% in 2024 and 0.2% the following year.

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posted on 11.09.2024

Economy

FDI hits €4.1bn in Portugal in H1 2024

Foreign direct investment (FDI) in Portugal reached €4.1 billion during the first half of the year, with €1.6 billion specifically directed towards real estate, the Bank of Portugal (BdP) announced on Tuesday.

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posted on 28.08.2024

Economy

Portugal’s hotel association against proposed tourist tax

The Portuguese Hotel, Restaurant and Similar Association (AHRESP) has announced that it is not in favour of the creation of a tourist tax by municipalities.

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posted on 22.08.2024

Economy

Record H1 for Portugal’s foreign tourism

The number of foreign tourists visiting Portugal increased by 7.5% from January to June, marking the best first half on record and setting the stage for another record-breaking year, according to official data released earlier this week.

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posted on 16.08.2024

Economy

Rise in FDI in Porto doubles jobs in 2023

Foreign Direct Investment (FDI) generated twice as many jobs in the Porto Metropolitan Area (AMP) in 2023, adding nearly 6,000 more positions compared to 2022.

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posted on 06.08.2024

Economy

Portugal’s property price hikes exceed global average

House prices in Portugal saw an annual growth of 6.5% at the beginning of this year, surpassing the global increase in housing costs (+3.6%).

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posted on 30.07.2024

Economy

Lisbon named 3rd most sought after holiday destination for 2024

Lisbon has once more been recognised as a top holiday destination for tourists worldwide, particularly Europeans, ranking as the third most popular summer destination for 2024 according to a recent study by Sojern.

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posted on 10.07.2024

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Media contact

deVere Portugal’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Portugal's Head of Public Relations on [email protected] or call +44 2071220925.