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LISBON, Oct 19 (Reuters) - Foreigners accounted for 11. If you have any queries regarding exactly where and how to use
portugal golden visa, you can make contact with us at the website. 5 percent of the value of all Portuguese property transactions in 2017, led by French and British buyers, the National Statistics Institute said on Friday.
Greek development minister Adonis Georgiadis, who recently
visited China, said the Bank of Greece had concluded that "the use of bank terminals does not violate Greek or European law. If it is violating the Chinese law, this is a matter for China."
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In a report earlier this year, the European Commission singled out Cyprus, Bulgaria and Malta, complaining that wealthy candidates for residency or citizenship do not face adequate security and background checks.
French pensioners have been one of the biggest groups of foreigners arriving in Portugal in the past few years thanks to special tax exemptions on pension payments they receive from home. The country is also actively courting British people to move here ahead of Brexit as a way to retain European residency.
China and Greece have been building progressively closer trade and investment ties for more than a decade, ever since two main container terminals at the port of Piraeus were sold to Chinese shipping giant Cosco in 2008.
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"They like to stay in Athens and the suburbs, forming little Chinatowns. They are buying blocks of flats, where all the owners are Chinese," said Anny Avgouli, migration policy manager for a law firm, Dedes, that has a special department for golden visas specifically for Chinese customers.
The data showed that French buyers accounted for 19.6 percent of the value of all purchases by foreign buyers, followed by British with 16.2 percent. The two nationalities were also the top buyers in 2016.
The figures showed that non-Europeans buying property in order to acquire so-called "golden visas", which have been led by Chinese, had less importance. In 2017 Chinese buyers accounted for 6.3 percent of all transactions by foreigners, Brazilians 6.9 percent and Swiss 5.5 percent.