More than 30% of Portugal’s commercial real estate is in the hands of investment funds and “concrete assets” are the main investments. The conclusion has been drawn by the European Central Bank (ECB) which points to the need for greater regulation on the sector as these financial asset instruments have mushroomed in the Euro Zone … Read more
The Portuguese Association of Real Estate Developers and Investors (APPII) says that the Government’s decision to end Golden Visas is not legally valid and will likely cause a wave of lawsuits. The APPII points to around 10,000 Golden Visas that are up for renewal with holders likely to take the Government to court over its … Read more
Portugal’s Golden Visa will now only be granted to overseas entrepreneurs who invest by setting up a business in the country. It will be the only exception after the Government announced in February that it would end the Authorisation for Residency by Investment programme (ARI) after mounting pressure from the European Parliament and the discovery … Read more