The Lisbon City Council approved the draft Local Housing (LH) Regulation, which establishes absolute containment areas and relative containment areas for new registrations.
The number of licensing requests for local accommodation has decreased by 40% nationwide in the first 3 months of this year. In Lisbon, this was the largest drop, around 60%.
According to Bloomberg, Brazilian millionaires see in Portugal “the opportunity to live in a tax haven that is not a Caribbean island.” They are one of the leading investors in real estate.
