Henrique Almeida

Vanguard Properties, an early investor in Portugal’s real estate boom almost a decade ago, is making the most of a tourism surge to cash in on some properties.

Foreigners from outside the European Union are buying homes in Portugal for double the value paid by domestic buyers, helping to drive up prices in a nation where housing in cities is increasingly out of reach for many locals.

Home prices in Portugal, one of Europe’s hottest property markets, are expected to continue rising in 2025 on the back of increasing foreign demand and lackluster supply, according to DBRS Morningstar.

Angola’s central bank surprised financial markets by leaving borrowing costs unchanged on expectations that inflation will start to ease from August.

Portugal’s tax breaks, golden visa and sun-soaked beaches are luring overseas millionaires wanting to settle there.

Portugal’s government plans to tighten immigration rules by requiring a work visa from most foreigners wishing to enter and live in the country.

It’s never been so difficult or dangerous to try to reach another country if its government doesn’t want you there. A record number of migrants died in their search for a new life in 2023, when governments spent unprecedented sums on border enforcement.

Luz Saude, the Portuguese hospital operator ultimately controlled by China’s Fosun International Ltd., plans to go ahead with what may be Portugal’s first initial public offering in three years.

Portugal’s far-right Chega party said there’s still no agreement to back a government led by center-right coalition AD following the snap election held on March 10.

When Portugal’s far-right Chega party won its first seat in parliament five years ago, a chorus of people, including some politicians, called for it to be banned.