‘Golden’ travel visas lure non-EU house buyers
“It’s one of the biggest advantages of investing in Portugal,” says Hu, 33, from Chengdu in southwest China, who paid €560,000 for a semi-detached property near the beach in the southern Algarve.
The beaches were once enough to lure buyers to southern Europe. A shattering economic crisis later, Spain and Portugal are trying to resurrect their moribund property markets by offering “golden” residence permits to home buyers from outside the EU.
