EXPROPRIATING Legal private properties in Portugal owned by European Union Citizens does NOT create an INVESTMENT FRIENDLY ENVIRONMENT

Why Portugal should treat all foreign investors well and not expropriate their legal properties!

 

 

WHY PORTUGAL SHOULD TREAT ALL FOREIGN INVESTORS WELL PARTICULARLY EU CITIZENS AND Not LIKE CRIMINALS!

“Foreigners accounted for 90 percent of the 730 MILLION EUROS ……730 MILLION EUROS!!! invested in Portuguese real estate last year, almost three times more than in 2013! according to data compiled by Aguirre Newman SA, a real estate consulting company in Lisbon.

The Portuguese government expects economic growth to accelerate to 1.5 percent this year from an estimated 1 percent last year, bolstered by exports and investment.

That’s why Portugal should treat foreign investors well, said Paulo Silva, head of Aguirre Newman in Portugal.”

source: Bloomberg article:

http://www.bloomberg.com/news/articles/2015-03-03/chinese-rushing-to-buy-property-for-portugal-visas-get-burned

Evidence of foreign investors who have purchased legal properties next to the sea in coastal communities in Madeira not being treat well..indeed being treat like criminals! Watch this National TV report: