Portugal Golden Visa €4,8 Billion In Investment Since 2012

Author:Discus Holdings
Profession:Discus Holdings

The Brazilian applicants for the Portuguese Golden Visa (ARI) invested 46,5% (€132,6 million) more between January and September 2019 than in the same, previous period last year. However, wealthy Chinese candidates spent 11% less (€180 million).

During the last seven years of the Portuguese “ARI” residency by investment program, the successful applicants paid a total of €4,8 billion ; they chose mainly the real estate purchase option. Between January and September 2019, 323 Chinese investors obtained the so-called “Golden Visa”. Meanwhile, 176 Brazilian High Net Worth Individual obtained the residency permits of Portugal through the Residency for Investment Activity Program (ARI), according to the Immigration and Border Services (SEF).

Interestingly, Turkey has successful citizenship by investment program. Still, 71 Turkis citizens invested €38,5 million for the right to live and work in the Member State of the European Union.

In the top five nations of the applicants, who became residents in Portugal after investment, the United States follows Turkey. 49 Americans spent €38,5 million. Meanwhile, Russians were also active; they obtained 40 Golden Visas for a total of €26,3 millio.

When compared to the previous year's same period, the...

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