The International Web Summit will be held in Lisbon, Portugal, from November 6th to 9th this year. Founder Cosgrave stated, "Lisbon has more convenient transportation, stronger hotel reception capacity, high-quality and inclusive citizens, an increasing number of emerging technology companies, and lower venue rental costs, which are more conducive to the sustainable development of the summit."
This year's Web Summit is expected to attract more than 60,000 participants from over 160 countries, with more than 650 speakers (CEOs, founders, various startups, investors, and well-known politicians) gathering in Lisbon to brainstorm for the technological progress and revolution of humanity.
It is evident that the hosting of this Web Summit will further promote the comprehensive development of Portugal's economy. The tourism industry is one of the important components of the Portuguese economy. In recent years, high-quality, diversified, and vibrant tourism has made Portugal favored by many Chinese tourists. According to statistics from the Portuguese National Tourist Office, the number of Chinese tourists in Portugal increased by 44% from January to April 2016 compared to the same period last year.
The rapid growth of the tourism industry has also driven other related industries. According to data released by the Portuguese Hotel Association (AHP) at the end of August, the hotel occupancy rate in Portugal in the first half of the year reached its highest level in the past 12 years. The Portuguese catering industry has also ushered in a new spring due to low tax rates, high consumption volume, and high-end consumer groups.
At the same time, the Portuguese real estate industry has also shown a significant growth trend. According to data released by the National Statistics Institute of Portugal, the construction industry in Portugal rose by 20.7% in the second quarter of 2016 compared to the same period last year. The property price index also rose from 90.3% at the beginning of 2015 to 96.6% in April 2016, an increase of 6.3 percentage points. The economic boom has driven social development, and Portugal's unemployment rate is also continuously decreasing, with a very positive employment situation.
This year, Portugal's performance in various fields has been remarkable, and the momentum of Portugal's economic recovery is obvious. The real estate industry, tourism industry, and emerging technology industries will all see significant development. The hosting of this Web Summit will also greatly promote Portugal's economic development, while bringing new investment opportunities to Portugal and numerous investors.
As a hot destination for overseas investment, Portugal is sought after by many Chinese investors. By investing in Portugal for immigration, you only need 500,000 Euros, with no language or academic requirements, and one application allows three generations to obtain European status! You can own property while immigrating and enjoy multiple benefits. Interested individuals can also attend this year's Web Summit grand event to experience the charm of Portugal in an all-around way. For details, please consult: 400-138-2929. See you in Lisbon in November!