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Reuters
Reuters
Business
By Patricia Vicente Rua and Catarina Demony

Portugal ends Golden Visas, curtails Airbnb rentals to address housing crisis

FILE PHOTO: A person walks in Alfama neighbourhood in Lisbon, Portugal, February 16, 2023. REUTERS/Pedro Nunes/File Photo

(This Feb. 16 story has been corrected to make clear that the scheme offers residency rights, not an EU passport, which golden visa-holders can apply for after five years, in paragraphs 9 and 11)

LISBON (Reuters) - Portugal announced on Thursday a hefty package of measures to tackle a housing crisis, including the end of its controversial "Golden Visa" scheme and a ban on new licenses for Airbnbs and other short-term holiday rentals.

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