The winners and losers of Portugal’s golden visa scheme

Page created: Wednesday, 19 March 2014 9:58 GMT

Golden Visas  Real estate

“Do I get four Golden Visas for this?” jokes Yili Chen as estate agent Nuno Durao shows him round a 2m euro ($2.8m) apartment in the seaside town of Cascais. The 28-year-old, who prefers to be called Li, is from Shenzhen in southern China. He has been lured to Portugal by its Golden Residence Permit programme.