Investment raised through gold visas fell 6.8 percent in November, year-on-year, to €46.6 million, according to Lusa based on statistical data from SEF.

In November, the investment resulting from the Residence Permit for Investment (ARI) programme totalled €46,669,413 which corresponds to a decrease of 6.8 percent compared to the same month in 2020 (€50 million). Compared to October (€46.4 million), the investment raised remained practically in line (+0.4 percent).

According to statistics from the Foreigners and Borders Service (SEF), in November 83 golden visas were granted, 64 of which through the acquisition of real estate (24 for urban rehabilitation) and 19 through the capital transference criterion.

The purchase of real estate last month totalled an investment of €36.9 million, of which €8.5 million was for urban rehabilitation, while the transfer of capital raised €9.7 million.

By countries, in November 20 golden visas were granted to the United States, while China, which has been leading, obtained 19. Brazil was granted 10, five to Turkey and another five to Russia.

In the first 11 months of the year, 781 golden visas were granted, of which 55 in January, 100 in February, 73 in March, 98 in April, 52 in May, 67 in June, 41 in July, 64 in August, 61 in September, 87 in October and 83 in November. During this period, the investment raised through this totalled €415 million, a decrease of around 33 percent compared to the €618.9 million registered in the first 11 months of 2020.