National hotel establishments recorded, in 2022, aggregate revenues of more than five billion euros, a value that represents an increase of 114.6% compared to the previous year, according to observatory DBK Informa.

With nearly 100 million nights booked and a 25-%-31% yearly increase in revenues amounting to $15.6 billion in Gross Booking Value, it’s no wonder that the entire world is looking at second and third homes and purchasing real estate with the sole purpose of making money.  

Lisbon, Porto and Cascais are where North Americans are looking most for houses to buy and rent, according to data from idealista.

Foreign residents who are under the NHR tax regime in Portugal have “saved” a total of €2.02 billion in taxes in 2021.

United Airlines wants to maintain the seasonal flights it runs between Lisbon and Washington Dulles, in the USA, until December 13, according to the Simple Flying website.

The International Monetary Fund (IMF) has improved its Portuguese GDP growth forecast this year to 1 percent.

Two events scheduled for June in California and New York will promote Portugal as a business and emigration destination for Americans interested in moving overseas.

Portugal: I live where wine is cheaper than water.