Portugal’s Attorney-General’s office says officials are searching government offices and other locations as part of a corruption and money-laundering investigation centered on the granting of residence permits to investors from outside the European Union.
The Finance Ministry said the office of the secretary of state for tax affairs was one of 34 places searched Wednesday.
Portugal offers so-called “golden visas” to non-EU citizens who invest large amounts. More than 80 percent have been granted to Chinese citizens, and the program has brought investments totaling more than 1 billion euros ($1.1 billion).
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