Portugal

30 March 2022

Foreigners invested EUR 7.3 billion in housing in Portugal between 2019-2021

Almost 25,000 homes were sold in Portugal to foreigners between 2019 and 2021, totaling EUR 7.3 billion, according to official data.

According to data from the National Institute of Statistics (INE), the Algarve (pictured above) was the region most sought after by buyers with tax domicile outside

22 February 2022

Lisbon and coastal Portugal adapt to changes to Golden Visa scheme

Changes to Portugal´s Golden Visa scheme, which has attracted mostly Chinese nationals, were supposed to move investment away from the capital, Lisbon, and coastal areas, towards the interior, but promoters are circumventing restrictions.

14 January 2022

European Commission OKs joint control of Portugal´s Lusoponte by Mota-Engil

Portuguese construction company Mota-Engil, whose second largest shareholder is China’s CCCC, has been given approval by the European Commission (EC) for joint control of Lusoponte, concessionaire of the Lisbon´s two bridges.

14 January 2022

Chinese investor to turn Portugal´s Cinema City Leiria into a new mall

A Chinese investor is giving new life to Cinema City Leiria, in the center of Portugal, after acquiring it for less than EUR 12.7 million.