‘Golden visa’ investment by China nationals to April down 37 percent at €76M

By TPN/Lusa, in Business · 17-05-2019 01:00:00 · 0 Comments
‘Golden visa’ investment by China nationals to April down 37 percent at €76M

Investment by Chinese nationals under Portugal’s ‘golden visa’ programme was in the first four months of this year down 37 percent on the same period of 2018, at €75.7 million, data from the country’s SEF Immigration Office 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 percent 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 percent 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 percent on a year earlier, with 11 ARI permits issued.

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


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