Recently, however, Portugal has become the place to be for tech agencies, and that is coming as a surprise to many.
So, what’s causing the tech community to abandon Silicon Valley in favour of Portugal’s crystalline shores?
The next big thing in tech - and, for many if not most industries, business - is Web3, the next-generation form of online interaction with cryptocurrencies and virtual reality at its heart. Portugal has a thriving business community and a climate that’s both progressive and friendly in terms of Web3 and crypto regulations.
As a result, entrepreneurs searching for the perfect location to establish their companies as part of a supportive and dynamic business environment are landing in Portugal.
In The Portugal News