A few days ago, the Portuguese Immigration Agency (SEF) released the latest data on golden visas.
Portugal May visa data released
In May, a total of 52 people main applicants and 120 family members were approved for Portuguese golden visas. The investment amount was 27.749 million euros.
Among them, there are 46 applicants who were obtained through house purchase and immigration, and the investment amount was 26.099 million euros: 21.839 million euros of funds flowed into the 500,000 euros housing immigration project, accounting for 83.7%; 426 Ten thousand euros of funds flowed into 350,000 euros of old house renovation projects, accounting for 16.3%.
In addition, five applicants obtained their status through fund investment and other methods, and one applicant took the path of creating jobs.
From the perspective of the nationality of the main applicant, there are 24 investors from from China, which still ranks first.
This is followed by South Africa (4 people), Canada (3 people), the United States (3 people) and Vietnam (2 people). It is worth noting that in recent months, investors from North America have been steadily increasing. This also shows that not only Chinese investors, but also global overseas investors are optimistic about the development trend of Portuguese real estate all the way, and have a strong interest in Portuguese real estate.
As of May 2021, subsidiary applicants for the Portuguese Golden Residence Permit have been approved. 9767 main applicants. Portugal's golden residence permit policy, one person invests in three generations of immigration, and the approval is fast, so it attracts a large number of family investment, and the number of dependent applicants is increasing year by year.
Portuguese real estate is growing against the trend under the epidemic
Under the epidemic, the outstanding performance of Portuguese real estate bucking the trend is also one of the important reasons why many investors have taken action.
According to data released by the Portuguese National Bureau of Statistics (INE) on May 5, the average price of real estate sales in Portugal is 1188 euros per square meter by the fourth quarter of 2020. The epidemic is raging, and housing prices can still achieve nearly 10% growth, and its investment value is really not to be underestimated .
Through the golden visa program, Portugal has also absorbed a total of 5.84 billion euros of investment, of which 5.28 billion of funds are directly invested in the real estate market.
Schematic diagram of the location of restricted areas for real estate investment
It is worth mentioning that Portugal’s existing immigration policy will be implemented until December 31 this year.
Investors who are interested in buying a house and investing in Porto, Lisbon, and applying for an EU passport must seize the "window period" in the last few months , catch up with the "last train" of immigrants buying houses in Lisbon and Porto.
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