Property News · February 5, 2020

Hong Kong resident finds Portugal visa scheme for property investors is anything but golden


Portugal has been widely touted as an ideal property investment destination for Hongkongers looking to escape the city’s recent political unrest. But a long-time Hong Kong resident who moved to Lisbon recently said it was anything but ideal. Jason Gillott, a UK businessman, who called settling in Portugal a “trauma”, paid €30,000 (US$33,204) to €40,000 more because he was unfamiliar with the rules when he moved there with his family in 2018. First, his wife, who is Russian, found it difficult…

Source : South China Morning Post
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