Return from Portugal’s Residence Program Exceeds Half a Billion Euros in the first 8 months of 2019

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Return from Portugal’s Residence Program Exceeds Half a Billion Euros in the first 8 months of 2019
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Published: 22nd October 2019, 11:26am
 

According to SEF figures, the Golden Visa Portugal raised €553 million in August 2019. Only this month, 147 investors made a purchase of €4.8 million; through the program, 923 applicants earned residency permits, and in total, citizenship was given to 7 885 main applicants and 13 364 dependents.

 

Chinese investors remain the top applicants of the Golden Visa Portugal, although their share of participants have fallen drastically since last year. In the meantime, investors from Brazil continue to grow rapidly, accounting for 17% of applicants in 2019.

The proportion of applicants preferring the option of capital transfer over real estate investment dropped to just 7.8% in August after rising to an abnormally high 16% in the previous month.


Still based on recent data, SEF states that the country has been having a statistically normal year, and would see the Golden Visa Portugal programme welcoming around 1380 more new investors this year.

 

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