Portuguese government issues 1100 Golden visas



Staff member
When the Portuguese authorities decided to replicate the Spanish strategy of issuing so-called "golden visas" to those acquiring real estate many people were critical. However, these visas, which offer foreign investors five-year work and residency permits, have apparently attracted €650 million in additional real estate investment.

Is this a valid and reasonable way of supporting the Portuguese real estate market in the short-term? Or is this a waste of taxpayer’s money?