US investment is up, contrary to the 41% Chinese investment drop

  • Home >
  • US investment is up, contrary to the 41% Chinese investment drop

US investment is up, contrary to the 41% Chinese investment drop

Published on 23rd April 2019
US investment is up, contrary to the 41% Chinese investment drop

14 Golden Visas were issued to United States citizens who, along with the Vietnamese, have overtaken the Russians and South Africans in terms of applications.

However, in the first quarter of 2019 Chinese investment from the Authorisation of Residency through Investment (Golden Visa) plummeted by 41%.

Golden Visas for Chinese citizens netted the Portuguese State €59.6 million according to the latest information released by the Portuguese immigration and border authorities SEF. The investment from Chinese nationals compares to the first quarter of 2018 when it stood at €101 million. By March 2019, 107 Golden Visas were issued to Chinese nationals compared to 183 ARIs in the same period last year.

Investment from Brazilian citizens, however, increased by 3.3% for Q1 to €43 million with 58 Golden Visas issued by the end of March. In the first quarter of 2018, 49 Golden Visas had been issued, bringing in a total of almost €42 million.

Regarding Turkish investment, this fell by 58% in the first three months of the year to €18.4 million from 36 ARIs compared to the 81 issued for the same period last year.

Golden Visa Investment is almost €200 million, by March 2019

Regarding the list of nationalities that submit most applications for the Portuguese Golden Visa regime, the United States’ and Vietnam’s have risen, replacing South African and Russian applications which were in the Top 5 12 months ago.
In the first quarter, 14 Golden Visas were issued to US citizens with a total investment of €9.4 million while 12 were issued to Vietnamese citizens (€4.8 million). In the first three months of 2018 24 visas were issued to South African citizens (€13.5 million) and 16 to Russians (€10.8 million). Overall investment fell 33% in the first quarter of 2019 compared to the same period in 2018, to €196.8 million.

Source: Essential Business

About Portugal Homes
PortugalHomes.com specializes in selling Holiday Homes and Investment Properties. We help buyers find the right property overseas whether it be for Golden VisaNHR, 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 RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental 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.

To find out more, please contact us:

Download our
brochure now
Available below

latest news

13
Apr
Why should you retire in Portugal after the coronavirus pandemic?

Why should you retire…

(5min read)  Besides being elected as the best destination in the world, Forbes has elected…
03
Apr
Currency drop enables Hongkongers to invest overseas

Currency drop enables…

(5min read)  According to property agents, Hongkongers have been even more interested…
02
Apr
Why should you be selling property right now?

Why should you be selling…

(5min read)  Buying and selling property is often seen as an emotional decision to go…

Please note that Portugal Homes will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Search for a property

latest properties

Available
OFF PLAN LUXURY APARTMENT RESORT IN BURGAU
€280,000
  • Property for sale in in Portugal 2 Bed
  • Property for sale in in PortugalApartment
  • Property for sale in in Portugal872 sqm
  • REF: CB-A/05518
Available
Fantastic Plot of land with ocean views
€250,000
  • Property for sale in in PortugalLand
  • REF: CB-T/04247
Available
Land to sell in Lagos
€150,000
  • Property for sale in in PortugalLand
  • Property for sale in in Portugal829 sqm
  • REF: CB-T/05529
SIGN UP FOR PROPERTY ALERTS