'Golden visa' investment by China nationals to April down 37%

By TPN/Lusa, in News · 14-05-2019 07:06:00 · 0 Comments
'Golden visa' investment by China nationals to April down 37%

Investment by Chinese nationals under Portugal’s ‘golden visa’ programme was in the first four months of this year down 37% on the same period of 2018, at €75.7 million, data from the country’s Foreigners and Borders Service (SEF) show.

So far this year 138 residence permits for investment activity were assigned under the ARI scheme, as it is officially known, to citizens of China.

In April alone, investment by Chinese nationals under the scheme totalled €16.1 million.

As for Brazilian nationals, investment under the ARI scheme in first four months of the year was down 7.3% at €50.5 million, for a total of 69 permits issued. In April alone, Brazilian investment was €7.3 million.

Investment by Turkish nationals in the four-month period was down almost 60% to €21 million, with 41 ‘golden visas’ being issued.

As for Vietnam, 17 permits were issued to citizens of that country between January and April, with investment of €6.9 million, down 38% on a year earlier, with 11 ARI permits issued.

There were also 18 permits issued to US nationals, for €11.8 million in investment.


Comments:

Be the first to comment on this article
Interactive Topics, send us your comments/opinion on this article.

Please note that The Portugal News may use selected comments in the printed edition of the newspaper.