This means that any Golden Visa applications made until July will take place normally and the investors will still be able to invest their capital in Lisbon and Oporto’s real estate markets.
Only in November alone, the program attracted a total of 50 million euros, being the biggest part of the investments made in the real estate business, which represents a rise of 35% when comparing to the same period of last year.
In an atypical year like this, our beautiful country received once again the recognition of Best European Destination 2020, a good sign of hope for Portugal’s tourism.
More than a contract signed, in the light of the current Portuguese law, you will need to take some – huge – details into consideration when renting your property in Portugal.
There are only 4 major cities around the globe where property prices are expected to rise despite the pandemic and Lisbon is one of them, according to a report from Knight Frank.
Buying a house is definitely like buying an extension of ourselves. It is necessary to really weigh things out and we have some advice that can help you in the process.
Several major players on the Portuguese economy have supported that foreign investment in Portugal did not slowdown even with the pandemic, and that planned businesses are still ongoing.
According to the Swedish Institute V-Dem, Portugal is the Southern European country with the best democratic indicators and that was particularly complimented because of the way the country has been dealing with the Covid-19 situation.
Preparing a house for sale it’s not an easy task and there are basics things that owners often forget to do when welcoming a potential buyer, but we’ve got this covered!
Find here additional information about the Golden Visa applications in Portugal and the applicable legislation regarding the investment program.