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Portugal Considers Sweetening Incentives for Golden Visa Program

Portugal’s golden visa only requires participants to spend about a week per year in the country.Photographer: Goncalo Fonseca/Bloomberg

Takeaways

Less than two months after Spain scrapped its golden visa due to concerns about its effect on the housing market, Portugal is considering whether to sweeten its golden visa program and make a special tax regime for expatriates even more attractive.

Minister of the Presidency Antonio Leitao Amaro said in an interview that the measures being discussed would aim to bolster foreign investment and lure global talent to Portugal’s economy.