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Currency drop enables Hongkongers to invest overseas
Published on 3rd April 2020
According to property agents, Hongkongers have been even more interested in cities like Lisbon since the coronavirus outbreak. The Portuguese property market is often considered a safe haven for foreign investors. The current climate might attract even more foreign investment than ever to the country, with the drop of major currencies. Georg Chmiel, executive chairman of Juwai IQI , says that "In…
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Why should you be selling property right now?
Published on 2nd April 2020
(5min read) Buying and selling property is often seen as an emotional decision to go through. That has never been more true than now, especially since the world seemed to have stopped for a second. At Portugal Homes, our teams are still working and closing deals over the phone, showing and selling property through videos, using every digital touchpoint to help our avid investors, as well as,…
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Portugal grants migrants citizenship rights during coronavirus outbreak
Published on 2nd April 2020
(3min read) All migrants in Portugal will be granted citizenship rights and treated as permanent residents until 1 July to ensure they have access to health services during the coronavirus outbreak. Residency applicants will be ensured access to healthcare, bank accounts, employment, and rental contracts once they provide evidence of an ongoing residency process. "In these exceptional times, the rights…
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Portuguese Golden Visa in numbers
Published on 24th March 2020
(7min read) The Portuguese real estate market continues to live its best years, as even with the constant rise in property prices, the sector is still fueled by national, but especially foreign investment - into the Portugal Golden Visa and Non-Habitual Residency schemes. This is thanks to Portugal being an amazing sun-flooded country, and also the real estate here having the lowest prices, compared…
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Portugal makes you feel at home with online museum visits
Published on 23rd March 2020
(4min read) The world has taken a break, and in times where people are more united than ever, other possibilities to wander around open up. If you are currently visiting Portugal you may know that many buildings, expositions, museums in Portugal had to shut their doors. We have made a list of virtual visits you can take around the country, and you can still enjoy your time exploring Portugal! “Nature,…
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Foreign buyers interested in Portugal Real Estate must make a move
Published on 20th March 2020
(5min read) Foreign buyers interested in Portugal’s real estate must act now! Currently, Portugal has a Golden Visa program which allows foreign property investors to gain residency in the country. However, this is about to change. Change in legislation On 5 February 2020, t he Portuguese parliament approved a measure limiting the issuance of ‘Golden Visas’ for real estate investments…
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Foreign investment forecast in the Portuguese market in 2020
Published on 17th March 2020
(7min read) The last years of the real estate market have been a real gold mine for the Portuguese economy, being responsible for the creation of thousands of jobs, increased private foreign investments and, consequently, increased tax revenues for the Government. After a few years of crisis and difficult times, the construction sector is also experiencing a boom . Areas that were previously abandoned…
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Investing in Portugal through Hong Kong? Meet Portugal Homes from May 7th to 11th!
Published on 16th March 2020
Portugal Homes owns its headquarters in Lisbon with a view to the rest of the world. Founded by David Poston and Gary Harland , the real estate company is making its way to success thanks to the amazing relationship built with investors who are investing in Portugal . Our directors embrace the effort of personally holding private meetings with investors and clients across the globe . Having continuously…
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Retiring in Portugal - What do you need to know?
Published on 13th March 2020
(4min read) As more and more people are discovering, Portugal is a marvellous place to live. It’s not only about real estate opportunities, reduced cost of living and quality healthcare; the food is also wonderful, especially the fresh fish, speciality cheeses and scrumptious pastries. The country is also geographically beautiful, being internationally renowned for excellent wine, including…
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