Portugal’s decision to go ahead with a controversial change to its popular golden visa programme is likely to dent foreign investment and further affect the property sector and economy severely battered by the Covid-19 pandemic, according to agents.The new rule, which excludes the capital Lisbon and Porto from qualified destinations for property investments, is likely to push down prices of homes in these popular cities once it is implemented in July, and will potentially weigh on the declining…
Source : South China Morning Post
Read more…Controversial change to Portugal’s golden visa scheme to weigh heavily on Lisbon and Porto’s property market















