Welcome to our Land & Expand series, where we unpack the benefits and expectations of expanding your business to various cities across the globe. Taking the lead into Lisbon is Think & Grow Partner, Stephen, having just relocated there from London.
It’s a pretty big deal to pack up your entire life and move to a completely different country. I had a choice: Either stay put in London (in a small one bedroom apartment paying extortionate rent) or take the leap and move for a better life. Obviously, I chose the latter. Looking back over the last few months I can confidently (and thankfully) say that I made the right decision to move abroad to Portugal. But, there are often a handful of factors to consider that need to fall into place, one of which is the job situation. Luckily for me, the company I’m part of (Think & Grow) is forward-thinking and saw the benefits of expanding to Portugal.
The benefits of expanding to Portugal
“The best thing is the vibrancy and the diversity in the startup ecosystem, in terms of people, nationalities, backgrounds. When it comes to recruitment, there are huge advantages to being here”, Mark Bastiaanssen, co-founder of Shiptimize.
Why Portugal? There are a number of reasons which I believe make Portugal the perfect place for relocation for large scale technology businesses. As a company, here are the highlights:
Gateway to the European Union
A young, talented workforce
Advantages of the Portuguese market
Increasing access to PE/VC funds
Hotspots in Lisbon
Some of the best restaurants I’ve ever eaten at are in Lisbon. Local Portuguese food is delicious and there are amazing international restaurants here too. Some of my personal favourites:
Relocating is no easy task and taking the plunge can be one of the most daunting decisions a business or person can make. Everything you know and recognise will change in a heartbeat the moment you step off that plane. Your world will shift on its axis to reveal a more intriguing, exciting side. But it is awesome. You’ll chase your passions, discover new opportunities, think more creatively, source incredible talent and see life (and your business) from a new perspective.
Are you an individual thinking about moving abroad or an organisation considering expanding to Europe or Portugal itself? We’re happy to chat about what it could mean for you.
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