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Portugal Ends “Gold” Visas for Property Buyers

RIO DE JANEIRO, BRAZIL - The Portuguese Parliament passed on Wednesday, February 5th, two measures that directly affect high-net-worth foreigners interested in living and investing in the country. Brazilians are among the most impacted by the new rules.

The deputies decided to limit the so-called gold visas - residence permits for those purchasing real estate worth at least 500,000 euros (approximately R$ 2.34 million) - to inland regions, excluding from this system the properties . . .

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