The first month of 2022 saw overall investments in the Portugal Golden Visa amount to €48m, showing a 45% increase from January 2021. Investments in real estate numbered 75 of the total approved 94 cases (80%). The remaining 19 cases (20%) were all under the Capital Transfer options.
Investments in renovation property made up the majority at 43%, with conventional real estate lowering to just 37%, a direct result of the recent policy changes to limit this investment category to low density areas outside of the urban centres.
There were 17 residence permits issued to US nationals, a sharp increase from 3 permits in January 2021. China led with 19 permits.
Over its 10-year history, the Golden Visa over has attracted approx. €6.15b in investment, of which real estate investments accounted for 90% or €5.17b. In 2021, total investments amounted to €461m.
To learn how to apply for a Portuguese residence permit under the Golden Visa program, and about its many benefits including eligibility to apply for Portuguese Citizenship after 5 years, please contact the Overseas Investor.
Apply for Residency by Investment in Portugal
Please contact us if you have any questions or require further information relating to; the different Golden Visa program options available or require a personal quotation sheet for individual or family Golden Visa applications.
The Overseas Investor can introduce you to our recommended Portugal Lawyer who is a Licenced Local Agent for the Residency by Investment program for Portugal. We are also here to assist each client throughout the whole legal process.