Did you know that there is a place in Europe considered by many experts as the best place to live on earth that is now a rising destination for the tech community ?
The Algarve is THE lifestyle tech hub of Europe, and here’s why:
#1 In the Algarve, YOU find True HAPPINESS
#The Algarve has the best climate in Europe.
The Algarve benefits from the best climate of Europe with an average of 300 days of sun per year! Endless summers and mild winters make it the perfect place to live all year round. Enjoy the huge benefits on well-being and health: it improves the mood, helps the brain produce more serotonin (a contributor to feelings of happiness), and gives the right amount of needed Vitamin D. The Algarve also offers a fantastic natural light that gives colorful sunsets and sunrises.
#The Algarve hosts friendly and tolerant people in a safe environment.
Connect with Portuguese people, who are considered one of the friendliest nations in the world. The Algarve is famous for welcoming any nationality, being tolerant with any religion, culture, or gender. Hospitality is in the Algarve DNA!
Portugal is also known for safety. The country is the 3rd safest place in the world according to The Global Peace Index 2020. Wouldn’t it feel right to live in a peaceful and safe environment?
Forget about stress, incivility and fear, embrace trust, authentic relationships and joy on a daily basis!
#The Algarve offers a unique lifestyle at optimal costs
Rethinking about that busy city you may currently live in and downsizing?
The Algarve is one of the most affordable and cozy destinations to live in Western Europe; it is life-enhancing.The region offers the perfect mix of small village and human face cities in varying budgets. For example, Faro and Portimao offer social city experiences with events, culture, restaurants all year round, while Sagres or Lagos are more laid-back with their surf cool vibe.
Not convinced yet about the location? The Algarve has one of the best connections with European major cities from Faro airport! It is referred to as the Top 60 of Europe, with daily connections to London, Paris, Amsterdam, Berlin…and if you are missing big cities or just need to go for work, you are approximately a 2.5 hour train or drive from Lisbon and Seville!
Need a snow shot? Sierra Nevada ski station is a mere 5 hour drive in Spain.
#2 In the Algarve, YOU reconnect with NATURE
#The Algarve has the best beaches in Europe
According to the “World travel award 2019,” the Algarve has the best beaches in Europe and has already previously won this award 5 times. Another natural gem off the coast of Faro and Olhao is the Ria Formosa natural park and lagoon. Considered one of the seven natural wonders of Portugal, you’ll be amazed by its undiscovered and preserved beauty with a varied animal ecosystem including birds, pink flamingos, and seahorses. Municipalities of the Algarve are very active with ocean protection and organize all-year-round “beach cleaning” sessions with the help of the local population.
#The Algarve hosts friendly and tolerant people in a safe environment.
Connect with Portuguese people, who are considered one of the friendliest nations in the world. The Algarve is famous for welcoming any nationality, being tolerant with any religion, culture, or gender. Hospitality is in the Algarve DNA!
Portugal is also known for safety. The country is the 3rd safest place in the world according to The Global Peace Index 2020. Wouldn’t it feel right to live in a peaceful and safe environment?
Forget about stress, incivility and fear, embrace trust, authentic relationships and joy on a daily basis!
#The Algarve offers a unique lifestyle at optimal costs
Rethinking about that busy city you may currently live in and downsizing?
The Algarve is one of the most affordable and cozy destinations to live in Western Europe; it is life-enhancing.The region offers the perfect mix of small village and human face cities in varying budgets. For example, Faro and Portimao offer social city experiences with events, culture, restaurants all year round, while Sagres or Lagos are more laid-back with their surf cool vibe.
Not convinced yet about the location? The Algarve has one of the best connections with European major cities from Faro airport! It is referred to as the Top 60 of Europe, with daily connections to London, Paris, Amsterdam, Berlin…and if you are missing big cities or just need to go for work, you are approximately a 2.5 hour train or drive from Lisbon and Seville!
Need a snow shot? Sierra Nevada ski station is a mere 5 hour drive in Spain.
According to BRIDGE IN report Expats rank Portugal as the ideal destination for settling down quickly and feeling at home abroad. Foreign residents are more than content with their life in the country, a third reports that moving to
Portugal actually made them a lot happier. 87% describe the local attitude towards foreign residents as friendly, 83% agree it is easy to settle down in the country. Unsurprisingly over half plan to stay forever.
#3 In the Algarve, YOU belong to a rising TECH community
#The Algarve is investing in Tech!
Portugal is one of the most tech friendly countries in the world: the country has hosted the world’s largest technology conference and will continue for the next 10 years, converting Portugal into a leading tech country. Portugal offers major tax incentives for both domestic and international businesses. For example the Start-up visa that is a residence visa for entrepreneurs, which aims to attract to Portugal investment, talent and innovation capacity. By investing and creating qualified employment, entrepreneurs can integrate a startup incubator in Portugal and benefit from all the incentives and support of the StartUP Portugal Program managed by IAPMEI, a specialised public agency within the Portuguese Ministry for the Economy, created to provide technical and financial support to enterprises, in particular to SMEs – and also an offical partner of the Algarve Tech Hub.
Start-Up Visa
Who can apply?
Young entrepreneurs from all over the world who want to open an innovative company will have quick access to a residence visa that gives them the possibility to create or move a their startup enterprise to Portugal.
Criteria?
International entrepreneurs wishing to access the StartUP Visa and obtain a residence and work visa must accomplish the following criteria:
- Intend to develop business activities to produce innovative goods and services;
- Open or relocate companies and/or projects focused on technology and knowledge, with a perspective of developing innovative products;
- Have the potential to create qualified employment;
- Have the potential to attain, 5 years after the incubation period, a turnover over 325.000€ per year, and/or assets value over 325.000€ per year.
Where to apply?
Apply to Start-Up Visa here
“Embracing Portugal’s leading tech positioning, the Algarve has gathered speed as companies, local council, central government and the university invest to set-up tech friendly conditions“
Lisbon is also on the cusp of hosting the largest startup incubator in the world. Three “unicorn” companies have already been created in Portugal, and more are on their way to emerge.
Embracing Portugal’s leading tech positioning, the Algarve has gathered speed as companies, local council, central government and the university invest to set-up tech friendly conditions, (e.g., tech infrastructures, incentives and events). This tech ecosystem is settling in the Algarve with opportunities for you to belong to it!
#The Algarve is creating a Tech friendly community!
The world is your office! The Algarve is now offering digital nomads, entrepreneurs, and start-ups a Lifestyle Tech Hub where you can settle, and find a community. Infrastructures are prospering like co-working spaces, startup incubators, and foreign IT companies. This means it is easy to connect with digital and tech-minded people, share ideas, collaborate and be inspired to CREATE!
The second largest international event in Portugal for marketing and innovation: “SHARE Algarve, ” with more than 1000 attendees is happening in the Algarve for the 4th edition in 2020. Events, like SHIFT & DIGITAL NOMADS ALGARVE SUMMIT in Faro organised by the ALGARVE TECH HUB attract and gather digital nomads and entrepreneurs from all around the world. Stop following other ideas, existing trends and matured technologies and be a pioneer in the Algarve creating sustainable technologies, and the next biggest trends!
#The Algarve has specialized in the Marine, Agro and Tourism Tech
The Algarve has always been strong in the tourism industry and developed tools in this field. The Algarve is also home for Marine Tech which benefits from the University Marine & Costal Management chair TO DO with the right team : )
CONCLUSION
Happiness – check.
Amazing access/connection to nature – check.
Safety – check.
Optimal cost of living – check.
Most importantly: Tech ecosystem – check!
The Algarve checks off all the boxes as a paradise on earth to settle as a digital nomad, entrepreneur or start-up. It is an ideal place to work and live, to be inspired, and have a simpler and happier life.
