Hello
@realdeals According to the latest announcements from the Portuguese government, they will take all necessary steps to make things as easy as possible for real estate buyers and UK tourists after Brexit. Even if the UK leaves the European Union without an agreement, Portugal will not be requiring visas from UK citizens to enter the country. The Portuguese government's plan is based on the expectation of reciprocity from the UK side, as Prime Minister Theresa May has given assurances that, even without agreement, rights for citizens will be assured in any way.
Portugal is definitely not indifferent to the consequences of Brexit, especially when the UK investors have been the main investors in the Portuguese real estate market in recent decades. UK citizens have always had a special interest in buying a home in Portugal, especially in the south of Portugal, the Algarve region, and even with the entry of new nationalities in search of Gold Visas, the UK has never ceased to be one of the main countries of investment. Although there is currently some slowdown in purchasing decisions, due to the need for official clarification of the exit of the UK from the EU, interest in investing in the real estate market in Portugal still remains today.
Isabel Monte