The Portuguese economy has undergone a major transformation since the Revolution of 1974. Its primarily agricultural
infrastructure has given way to a modern, service-based economy, in line with the rest of the European Union. Expats will find that doing business in Portugal reflects this recent upheaval, with a curious mixture of old-school conservatism and new-age innovation characterising the business world.
Portugal is ranked 31st (out of 183) in the World Bank's "Ease of Doing Business" rankings, excelling in the criteria of 'ease of starting' and 'ease of closing' businesses.