A report by online economy journal ECO claims the government is also considering creating “the most appealing fiscal regime in the world” to attract international movie producers.
The feedback about this, State Secretary Ana Mendes Godinho said, has been “extremely positive”, and several production houses including American and Indian heavyweights have already shown interest in it.
State Secretary Godinho confirmed interest in Portugal as a movie location and said the government is already “organizing trips to the country for producers.”
Speaking on the sidelines of the 43rd Congress for National Travel and Tourism Agencies (APAVT), which took place last week in Macau, the State Secretary did not mention specific names, but said: “We want to make Portugal the most competitive country in the world for filming. We will create in Portugal the most appealing fiscal regime in the world.”
The strategy comes under the scope of a fund that will be created next year to attract filmmaking in Portugal. This fund, created by national tourism agency Turismo de Portugal and which will also serve to attract large events, will have a budget of 50 million euros and for next year will free up 10 million euros to secure film productions.