Golden Visa investment drops 81%

By TPN/Lusa, in News, Property, Business · 16-06-2021 13:16:00 · 3 Comments

Investment raised through golden visas fell 81 percent in May, year-on-year, to €27,7 million, according to Lusa based on SEF data.

In May last year, the investment had reached €146.1 euros.

Compared to April (€51.2 million), investment resulting from the Residence Permit for Investment (ARI) program fell by 45.8 percent.

According to data from the Foreigners and Borders Service (SEF), last month 52 golden visas were granted, of which 46 were granted through the purchase of real estate (11 for urban rehabilitation), five through capital transfers and one for job creation.

The purchase of real estate amounted to €26 million in May, of which €4.2 million in acquisitions for urban rehabilitation, while the transfer of capital accounted for €1.6 million.

By countries, 24 golden visas were granted to China, four to South Africa, three to Canada, three to the United States and two to Vietnam.

In the first five months of the year, 378 golden visas were granted, of which 55 were in January, 100 in February, 73 in March and 98 in April.

The investment raised between January and May totalled €201.1 million, 31.5 percent less than the same period in 2020.

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Please I need it

By Odom David nnabuike from Other on 17-06-2021 08:42

Setuation is horrible and you can not survive without cresting business and adobt the creative in all the fields

By mohamed shehata from Other on 17-06-2021 08:34

Why would someone go to Portugal to be beaten by police and dominated by EU politicians an rules? Your country is close to collapse and China will come in to buy it at a discount.

By Latoysha Adams from Lisbon on 16-06-2021 04:03
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