‘European California’ Portugal woos Americans seeking better life

8 comments
  1. Spain wants to copy the whole digital nomad visa scheme that Portugal has, including the tax discounts for visa-holders.

    How did this all work out for Portugal? (You can respond if Portuguese, if you want. I can read it.)

  2. A few hundred high net worth individuals and perhaps a few thousand digital nomads are not going to move the needle on Portuguese real estate (and anyway, there is no shortage of funny concrete boxes being built in odd places to soak up that demand that no self respecting Portuguese person would ever buy).

    However AirBnB and similar short terms lets (e.g. Uniplaces) absolutely balloons prices in desirable city centre locations. As does ultra low interest rates, same as everywhere else.

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