Why is Portugal ending Golden Visa?|The Portuguese government has tightened the rules after initially saying in February 2023 that it would scrap the golden visa scheme, which has been blamed for . It had already sought to redirect property investments from big cities to depopulated areas.exacerbating a housing crisis
Why has Portugal decided to terminate its Golden Visa program? It seems like a controversial move, given the scheme's popularity. Initially announced in February 2023, what factors prompted the government to tighten the rules and ultimately scrap this visa category? Have there been concerns about it exacerbating the housing crisis? Also, what is the government's plan to redirect property investments away from major cities and towards less populated areas? This decision seems to have far-reaching implications, so it would be interesting to hear more about the reasons behind it.