Property News · February 19, 2020

Portugal’s plan to exclude Lisbon and Porto from golden visa scheme draws flak from property industry


Foreigners looking for a chance to secure residency in Portugal through the golden visa scheme might have to start looking for property outside the capital Lisbon and Porto, as the government moves to check the rapid increase in prices in these cities, putting it beyond the reach of many locals.But the property industry is fighting against the proposed amendments to the scheme, arguing that foreign investors would be discouraged from investing in Portuguese real estate as other cities are…

Source : South China Morning Post
Read more…Portugal’s plan to exclude Lisbon and Porto from golden visa scheme draws flak from property industry

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