Top Industries in Madeira
Madeira is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Madeira include:
Tourism
Tourism remains the cornerstone of Madeira's economy, with numerous opportunities in hospitality, travel services, and event management.
Range: $20-$50k
Growth rate: 5%
Some job openings:Savoy Signature is hiring: Front Desk Agent, Concierge, Housekeeping Supervisor
Agriculture
Agriculture in Madeira is thriving, particularly in the cultivation of bananas, wine, and flowers, offering roles in farming and agricultural management.
Range: $15-$40k
Growth rate: 3%
Renewable Energy
The renewable energy sector is expanding in Madeira, with projects focusing on wind and solar energy, creating jobs in engineering and project management.
Range: $30-$70k
Growth rate: 6%
Technology
Technology is an emerging sector in Madeira, with opportunities in IT support, software development, and digital marketing.
Range: $25-$60k
Growth rate: 7%
Employment Trends and Growth Rates
Madeira is experiencing a positive employment trend with a focus on sustainable industries such as tourism and renewable energy.
The island's job growth rate is projected to be around 4% in 2024, with technology and renewable energy sectors leading the way.
Income inequality remains a concern, but initiatives to boost local employment and wages are underway.
Job turnover is relatively low, indicating stable employment conditions in key industries.
Job Market for Remote and Freelance Workers in Madeira
Remote work is gaining traction in Madeira, with approximately 30% of the workforce engaged in remote roles, particularly in tech and creative industries.
Local companies are increasingly offering remote positions, and the island's scenic environment makes it an attractive location for digital nomads.
Platforms like Madeira Remote Workers Hub provide resources and networking opportunities for remote professionals.
Job Resources and Networking
Madeira offers several local job boards and resources, including the Madeira Employment Center and the Regional Directorate of Employment.
Career fairs and networking events are regularly held, providing opportunities for job seekers to connect with potential employers.
Local entrepreneurial hubs like Startup Madeira support tech startups and innovation.
Property Prices Rankings
The Property Prices Rankings for Portugal evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025