Portugal to sign protocols to avoid abuse of golden visa

Portugal will sign protocols with China to avoid any possible abuse of the country's Golden Visa scheme.

The programme grants residency permits to non-EU buyers investing a minimum of €500,000 in the country's real estate, but Portuguese newspaper Público says that there have been alleged irregularities in the system, which may be related to the immigration agencies or the selling of property above the market price.

Source: Macau Daily Times