Investment through Portugal Golden Visa rises 33%

The investment through golden visas in the first semester of 2022 totalled 316.2 million euros, an increase of 33% when compared to the same period last year.

Using data collected from SEF, Lusa reports that in June the investment through golden visas came to more than 77.9 million euros, a 44% increase when compared to May (53.8 million euros), and more than doubled when compared to the 36.4 million euros recorded in the same month of 2021.

During the month of June, 155 gold visas were granted, of which 126 were for the acquisition of real estate (68 for urban rehabilitation), 28 for capital transfers and one for job creation. Investment in the purchase of real estate amounted to 62.2 million euros last month, of which 23.9 million were in urban rehabilitation against only 15.6 million in capital transfer.

In the first 6 months of the year, 649 ARIs were awarded (94 in January, 94 in February, 73 in March, 121 in April, 112 in May and 155 in June). In the month of June, 30 golden visas were granted in China, 30 in the USA, 14 in Turkey, 11 in India and 10 in Brazil.

204 residence permits were granted for family reunification. Since the beginning of the Portugal Golden Visa programme 17,956 residence permits have been granted with the objective of reuniting family members. 735 of these will be granted in 2022.

Portugal’s Golden Visa program is one of the most popular residency by investment programs in Europe and in the world. The program started in October 2012 and since then 10,903 applicants have received their Golden Visas: 2 in 2012, 494 in 2013, 1,526 in 2014, 766 in 2015, 1,414 in 2016, 1,351 in 2017, 1,409 in 2018, 1,245 in 2019, 1,182 in 2020, 865 in 2021 and, so far, 649 in 2022.

Source: Lusa/Eco News