Portugal

Portugal

Portugal, officially the Portuguese Republic, is a country located in Southern Europe on the Iberian Peninsula, bordering Spain to the east and north, with the Atlantic Ocean to the west and south. Portugal is known for its historic cities, coastal scenery, rich maritime heritage, and Mediterranean lifestyle.

The country covers an area of approximately 92,090 square kilometres and has a population of around 10.2 million people. Portugal is recognized for its tourism industry, wine production, and strong cultural traditions.

Key Country Information

  • Capital City: Lisbon

  • Head of State (President): Marcelo Rebelo de Sousa

  • Head of Government (Prime Minister): António Costa

  • Official Language: Portuguese

  • Currency: Euro (EUR)

  • International Dialing Code: +351

Population and Economy

As of 2024, Portugal has an estimated population of 10.2 million. The country has a diversified economy, with major sectors including tourism, agriculture, manufacturing, energy, and services.

Portugal is increasingly attracting foreign investment in technology, renewable energy, and real estate. The tourism sector is a key contributor to GDP, driven by the country’s historical sites, coastal regions, and Mediterranean climate.

European Union and Schengen Status

Portugal is fully integrated into European frameworks:

  • EU Member State since: 1986

  • Euro Area Member since: 1999 (cash introduced in 2002)

  • Schengen Area Member since: 1995

Portugal uses the euro as its official currency and participates in the Schengen Area, allowing passport-free travel to most European countries.

Living and Working in Portugal

Portugal is an attractive destination for foreign workers due to:

  • High demand in tourism, IT, healthcare, and renewable energy

  • Warm climate and relaxed lifestyle

  • EU labor protections and social benefits

  • Affordable cost of living compared to Western Europe

EU/EEA citizens can live and work in Portugal without a permit. Non-EU citizens generally require a residence and work permit, typically tied to a specific employer or job type.

Summary

Portugal is a Southern European country with a strong tourism and services sector, full EU and Eurozone membership, and Schengen integration. Its Mediterranean lifestyle, growing economy, and high quality of life make it a popular destination for work, business, and long-term residence.