5 Reasons why Lisbon will crush it in 2018

After a few difficult years in an economic recession, Lisbon managed to re-invent itself as a hub for the arts and technology oriented startups, and is poised to enter 2018 with the rocket engines at full thrust. In this article, I present you the key drivers behind the city’s recent expansion that will help carry it to a more prosperous future.

Foreign Direct Investment has been growing consistently over the past few years. Not only that, but there is a renewed confidence among investors which points the country to a brighter future.

Portugal is living in a time of political stability, with a lot of government reforms directed towards decreasing bureaucracy and providing incentives for investors. Lisbon is considered one of the safest European cities, with a high quality of life.

Lisbon has been gathering a lot of buzz recently for its tech and startup scene. It was rated as the 5th best performing startup community in an Allianz study in 2016, hosted the last 2 editions of Web Summit and will host it again in 2018, and has local startups like Seedrs, Farfetch or Aptoide making waves worldwide.

There is also a new mega campus opening this year, situated in an old army complex in the city’s eastside, that will boast 35,000 square feet and looks to rival Paris’ famous Station F.

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