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.
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.
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 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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A Portugal Homes possui profissionais muito experientes e conhecedores, que trabalham com alguns dos promotores mais reconhecidos em Portugal . A nossa vasta experiência permite-nos guiá-lo pelas melhores opções de investimento.
Seja casa de férias ou uma propriedade para investimento, selecionamos as melhores propriedades para o seu perfil e tratamos de todo o processo do início ao fim. Mesmo após a venda! Os nossos serviços de pós-venda assumem a responsabilidade de mobilar a seu gosto, manter a propriedade na sua ausência, dar apoio ao arrendamento, no caso de querer arrendar e muito mais!
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Thanks to Andreia Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!Investidor dos EUA
Very helpful. Work with his heart. Mark is a very nice advisor.Investidor de Marrocos
Tudo correu lindamente. Consegui esclarecer todas as minhas questões.Investidor da Turquia
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.Investidor dos EUA
A experiência geral foi ótima desde o acompanhamento até o pós-venda. Gostaria de agradecer especialmente ao Sr. Simon, à Sra. Francisca e à Sra. Mariana.Investidor dos EAU
George Hobson é um jovem agradável, conhecido como conhecedor, experiente, trabalhador, honesto e disciplinado; Senti-me muito confortável em fazer facilmente o meu investimento.Cliente dos Emirados Árabes Unidos