Governor of the Bank of Portugal advocates for attracting immigrants with "bachelor's, master's, and doctoral degrees"
Álvaro Santos Pereira, Governor of the Bank of Portugal, suggests that the country should actively attract highly qualified immigrants to address labour market needs. The report highlights that many immigrants, particularly Brazilians, struggle with the bureaucratic revalidation of their academic credentials, leading to a significant portion of highly educated professionals working outside their fields of expertise. The data shows that immigrants, with an average age of 33, are a vital part of the Portuguese workforce, contributing significantly to social security while relying less on social benefits than the native population.
