Support fund for tourism and cinema and the incentive for major international events

Decree-Law no. 45/2018 of 19 June created the Support Fund for Tourism and Cinema (“Fund”), which is represented by the Portuguese Tourism Institute (“Turismo de Portugal”). One of the purposes of the Fund is to grant support to programmes to strengthen Portugal’s position as a tourist destination. Against this background, it was acknowledged that one of the ways to boost Portugal’s image as a tourist destination would be to attract and put on major international events.