China investors dominate Portugal visa offer
[LISBON] The Chinese accounted for almost 80 per cent of the investors who have obtained visas to live in Portugal through a programme that encourages foreign investment in the country's battered real estate market.
A total of 318 visas have been issued under a plan that offers residence permits to property buyers, said Foreign Ministry spokeswoman Francisca Seabra.
Of those, 248 went to Chinese nationals compared with 15 for Russians, the next biggest group. Angolans and Brazilians collected nine visas each since the programme began in October last year, she said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million
Lendlease Global Reit’s committed portfolio occupancy rises to 88.8% in Q3
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
China home sales slump 47% over May Day holiday vs 2023
China builder Vanke tells investors it readied money to pay bond