4 ms·

The article seems odd and is all over the place. > The government has taken desirable measures for foreigners, making it easier for them to get golden visas if

The article seems odd and is all over the place. > The government has taken desirable measures for foreigners, making it easier for them to get golden visas if someone invests a certain amount of money. My husband, who works in real estate, tells me countless stories of flats left uninhabited by some rich person who arrived at the building, bought two flats so that he could get a visa, and doesn’t even live there. There are a bunch of restrictions on where and what types of properties qualify. You can no longer buy property in large cities and get the 'golden visa'. I do not think that is the main driver in large cities. IF these price hikes are indeed driven by foreigners, it's probably other European Union residents. > Nowadays, flats are being rented in Lisbon for four thousand euros Yeap. Rented. So why did they bring up the visa thing? You can't qualify if you rent. Also, housing prices have been increasing all around the globe at the same time economies are screwed up and inflation is rampant everywhere. Blaming foreigners seem... xenophobic? I didn't know Portugal was like that. For starters, is there enough new construction to satisfy demand? If not, there's the answer. > (...) And if Brazilians, who must be the largest source of Portuguese immigration, move here Wait. I thought the problem was rich foreigners? There are rich people in Brazil sure, but I seriously doubt their numbers would even move the needle. The overwhelming majority of expats are _not_ millionaires. If you are that rich, you can have a pretty great quality of life and would only look to live in Portugal if you were really into Europe or something like that. Rich brazilians are more likely to want to have property in Miami. > The Portuguese are becoming, nothing more and nothing less, the servants of big foreign millionaires Back to the foreign millionaire thing. Way back in 2012 I had the opportunity to live and work in Europe. I considered Portugal, but while the country is amazing and the food is good, the salaries were utterly terrible compared to the neighboring countries. It seems that things have not changed.

speeder 4y ago
Indeed there is some weirdness in this article. For example, it claims Brazillians are going to Portugal in large numbers because Bolsonaro... Except, Brazillians are going to Portugal in large numbers, because the Portuguese government invited them, out of necessity since the country is depopulated and has low birth rates. I am one of the Brazilians that intend to move to Portugal, and part of the reason is that I am not exactly Brazilian, yes I was born in Brazil, but my family is from Portugal, and I was raised with a Portuguese culture, I just don' t feel like Brazil is my home and want to try going back to my family hometown (Leiria) to see if it is a place that clicks with me. Lisbon and other metropolises indeed are bad, but because a incredible amount of people want to live there despite lack of enough land there.
- klabb3 4y ago
  > Lisbon and other metropolises indeed are bad, but because a incredible amount of people want to live there despite lack of enough land there. And infrastructure. Lisbon is incredibly dense, partly due to its historical neighborhoods that's impenetrable by modern surface traffic, and a subway network with insufficient reach for a growing metropolis, resulting in everyone packing themselves denser in the few desirable areas.

speeder 4y ago

Indeed there is some weirdness in this article. For example, it claims Brazillians are going to Portugal in large numbers because Bolsonaro... Except, Brazillians are going to Portugal in large numbers, because the Portuguese government invited them, out of necessity since the country is depopulated and has low birth rates. I am one of the Brazilians that intend to move to Portugal, and part of the reason is that I am not exactly Brazilian, yes I was born in Brazil, but my family is from Portugal, and I was raised with a Portuguese culture, I just don' t feel like Brazil is my home and want to try going back to my family hometown (Leiria) to see if it is a place that clicks with me. Lisbon and other metropolises indeed are bad, but because a incredible amount of people want to live there despite lack of enough land there.

klabb3 4y ago
> Lisbon and other metropolises indeed are bad, but because a incredible amount of people want to live there despite lack of enough land there. And infrastructure. Lisbon is incredibly dense, partly due to its historical neighborhoods that's impenetrable by modern surface traffic, and a subway network with insufficient reach for a growing metropolis, resulting in everyone packing themselves denser in the few desirable areas.