This is no problem for foreigners; we are always looking for entrepreneurs to open new venues. Madeira still has a lot of potential, and since even McDonalds added the island to their world map (three restaurants so far) there is no stopping the development of new ideas and franchises. Many business impulses came from foreigners – see the success stories of Blandy and Hinton (wine) and Kiekeben (embroidery).
It will be a good idea to plan this with us because a foreigner will face certain difficulties if there is no Portuguese partner involved. Your success in Madeira depends on meeting the right people and maneuvering in a circumspect manner. We also have contact to a company which sets up and manages offshore companies in the Free Trade Zone.
Talk to us, it’s worthwhile!