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What encouragement policy does the Portuguese government have for new immigrants?
The Portuguese government encourages foreign direct investment, and according to EU regulations, its member countries are not allowed to restrict the free flow of foreign capital, whether buying products or services. The Portuguese Investment and Trade Promotion Agency is responsible for projects with an investment scale of more than 25 million euros, and the Portuguese Small and Medium Enterprises Bureau (IAPMEI) is responsible for projects below the scale. IAPMEI has formulated many incentive policies to actively assist foreign enterprises to invest in Portugal. As long as investment can bring technological innovation, technological progress, improve labor level and promote regional economic development, it can be supported. Portugal divides investment projects into two categories: projects that meet the potential interests of the country and projects that meet the long-term strategic interests of the country. Portugal issued the National Strategic Development Framework Plan for 2007-20 13, which listed a number of preferential policies promised by the Portuguese government. The Portuguese government guarantees foreign investment as follows: (1) Foreign-invested enterprises enjoy the same rights as Portuguese domestic enterprises, and it is stipulated that foreign investment shall not be discriminated against. (2) The government guarantees the safety of foreign investment, protects its property and rights, and ensures that it enjoys national treatment. (3) Foreign investors enjoy all financial and tax benefits stipulated by Portuguese laws. (4) Ensure the remittance of dividends, profits, bonuses, capital gains and income from the sale of investment capital. Generally speaking, Portugal's foreign investment policy is still mainly limited to giving national treatment. According to AICEP, large-scale investment projects can be directly discussed with them, and some special preferential policies can be given according to specific conditions such as job creation.
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