Statistics from Portugal’s Borders and Immigration Service (SEF) shows the country’s golden visa program raised FDI worth €94 million from 149 investors in December, which translates to an improvement of some 20% on the month before and a whopping 300% increase compared to December last year.
After fluctuating considerably in its early years, application volume for the program appears to have stabilized at the 1,400-a-year level. In 2018, 1,409 main applicants invested a combined €839 million, an average capital infusion per applicant of close to €600,000. Since opening in 2012, the golden visa has raised €4.25 billion from 6,962 investors, an average of €610,000 per participant.
Chinese nationals, who three years ago made up four-fifths of all applicants, accounted for only 28% of investors in December. Cumulatively, they now constitute only 58.5% of all applicants since the program’s beginning.
But the decrease of Chinese applicants is only relative, as other countries have seen their share of applicants grow rapidly. The number of golden visas issued to Brazilians has quadrupled since 2015; Turks, who only entered the Top 5 nationalities in 2018, already constitute the third biggest applicant group.
PortugalHomes.com specialises in selling Holiday Homes and Investment Properties. We help buyers find the right property overseas whether it be for Golden Visa, NHR, Investment or simply a place in the sun, our properties are selected with great thought in mind to give our clients the best opportunities, we offer the complete service from Introducing them to Legal Representatives, Currency Exchange, Mortgage Advisors, Property Management, Rental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario, we provide the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.
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Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.
Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!
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Thanks to Andreia Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!Investor from the USA
Very helpful. Work with his heart. Mark is a very nice advisor.Investor from Morocco
Ryan was an excellent real estate agent, he really steered me in the right direction based on what I said was important to me. Living in another country, I wasn't as familiar with the city as he is. Where I thought I wanted to live and what I truly wanted were not the same. He took the time to listen and figure out the best spot for me, and we are very happy with it - far more than we would have been elsewhere.Investor from the USA
The overall experience was great from follow up to After Sales. I would like to give special thanks to Mr. Simon, Ms. Francisca and Ms. Mariana.Investor from UAE
George Hobson is a pleasant young man, came across as knowledgeable, experienced, hardworking, honest & disciplined; I felt very comfortable in easily making my investment.Investor from UAE
Luísa is a very understandable person, she knew exactly what we were looking for and even showed us and gave us more choices to pick from. Very professional advice, hospitality and service.Roshana (Zulfiqar) Mian | Hong Kong