Property sales down in Portugal due to suspension of ‘golden visa’ scheme
Property sales in Portugal fell 4.7% in 2Q on the previous quarter, reportedly due to the suspension of the 'golden visa' scheme for fast-tracking residence permits of major foreign non-European Union investors. The golden visa program was suspended after prosecutors began investigating corruption within the administration of the visa. Due to this, President Luis Lima said he was not surprised that there was a slow down in the second quarter. 

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