Portugal’s parliament has approved a measure in their budget that limits the issuance of golden visas for real estate investments in Lisbon and Porto as well as along the populated coastline. However, golden visas will continue to be issued for inland areas and the autonomous regions of the Azores and Madeira. The change, which will have an adjustment period before taking effect, aims to promote investment in low-density regions. However, golden visas will continue to be granted to investors who create jobs by launching companies in the major cities, including Lisbon.
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