It is like "living in a tax haven". Portugal is attracting Brazilian billionaires

October 30, 2019 Jornal Económico Jéssica Sousa Idealista
October 30, 2019
Jornal Económico
Jéssica Sousa
Idealista

Several foreign investors concentrated in Portugal, especially in Lisbon and Porto, fueling a rapid appreciation of the country's real estate scenario. According to data cited by Bloomberg, the French accounted for 29% of foreign investment in real estate, followed by Brazilians, with 19%. The British with 11%, and Chinese with 9%. Despite this, Brazil's businessmen should take the podium quickly, the agency says.

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