The festivities on the occasion of the 24th World Travel Awards (WTA), held in Saint Petersburg, Russia, on the 30th of September, saw the Portuguese colours flying high, as the country won the award as Europe’s Leading Destination for the first time. In addition, Madeira took the prize as Europe’s Leading Island Destination for the fourth time.
Created in 1993, the WTA, also known as the “Tourism Oscars” take place annually to “acknowledge, reward and celebrate excellence across all sectors of the global travel and tourism industry.”
At this year’s event, Portugal took first place in no fewer than 37 categories, including Europe’s Leading Cruise Port (Lisbon) and Europe’s Leading Beach Destination (the Algarve), putting Portugal firmly on the map as one of the top destinations in Europe and the world. Madeira fended off competition from the Azores, the Balearic Islands, the Canaries, Cyprus, Crete, Guernsey, Jersey, Malta, Sardinia and Sicily to take the prize as “Europe’s Leading Island Destination” for the fourth time, having previously won in this category in 2016, 2014 and 2013.
These prizes confirm the country’s fine form as it gains international prestige and recognition, as happened at the beginning of September when it was voted as the European country with the best quality of life for ex-pats, according to the “Expat Insider 2017”.
Added to these characteristics which, in and of themselves, justify a new life in Portugal, are the tax benefits on offer. These are the icing on the cake for anyone planning to invest and live in Portugal, Madeira included.
For more information about the benefits of this special tax regime and the opportunities it affords for international investors, sign up for our New Webinar: Non-habitual residents in Portugal.