well, i moved recently to london (from porto) and, tbh, i'd love to know that i could have the opportunity to work remotely from portugal... (how do you people find these jobs??)
i've seen bad and good management. i've been under bad management from german managers as well, whilst in portugal, and i've been under bad management here. let's cut the crap, it's not only in portugal that you find bad managers. you find them EVERYWHERE. they do thrive especially well in portugal due to the weak economy. people put up with crap that they wouldn't otherwise.
i would just add that anyone could say just about the same things about porto. probably with the advantage of the city being a bit more cheap/less expensive than lisboa.