You may just want to avoid the herd or to allow your workforce to have a more urban life, but there are at least 9 more reasons you should locate your start-up in Porto:
  1. London time-zone
  2. Talent available: 3 major tech Universities within 1h distance
  3. Great place to live: a beautiful city, bordered by the Atlantic Ocean and the Douro river, with a moderate weather all year round
  4. Low-cost living: a 30 sqm office can cost less than 300€/month and the cost of living is about 1/3 of that in London and Palo Alto
  5. Infrastructures: an international airport, with a Ryanair Hub, is 10 Km away and a major seaport just 5 Km away
  6. Multicultural mindset: most Portuguese people are good English and Spanish speakers and are always willing to interact with every culture
  7. Political and social stability: the country benefited from negative interest rates just a few months after the end of the Financial Assistance Programme, the economy is growing more than the EU average and unemployment is going down steadily
  8. Business friendly: 35 incubators within 1hr drive, local venture capital collaborating with major international investors when needed, growing wave of new tech start-ups, 3 days to register a company
  9. Government funding: hiring and investment incentives
You can find more information here.