In a video with Final Fantasy XV Director, Hajime Tabata, released today, he announces that a Portuguese and a Spanish localization will be available.
There will be subtitles and the game will feature full Latin American Spanish and Brazilian Portuguese text.
This is great news for those fans in Brazil and Latin America, hoping for a translation.
In the video description, it also mentions that more surprises are scheduled for next week on March 30 for Uncovered: Final Fantasy XV. Stay tuned for more info.