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When golden-visa buys may not be good buys

Published Tue, Mar 3, 2015 · 09:50 PM
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Lisbon

BILLBOARDS in Chinese at Lisbon's international airport peddling luxury properties leave little doubt about who is buying real estate in Portugal.

While the ads offer a chance at securing a so-called golden visa to live in Portugal in exchange for property investments of at least 500,000 euros (S$761,000), they leave out the golden rule of such purchases: never rush into a deal.

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