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Singyun

Take the "Last Train", Portugal's Golden Visa Data for April is Released

label: 2023-05-16

Recently, the Portuguese Immigration Service (SEF) officially released the latest statistics of the Portuguese Golden Visa in April.


In April 2023, a total of 116 main applicants and 167 dependent applicants were approved for the Portuguese Golden Visa. The total number of people approved is 283, with a total investment of about 63.27 million euros.


Among the 116 main applicants, 28 are from the United States, 15 are from China, 14 are from the United Kingdom, 7 are from South Africa and 7 are from Lebanon.


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Real estate investment is the main investment method


From the perspective of investment methods, among the 116 approved main applicants, 83 obtained them through house purchase and migration, with an investment amount of 51.0116 million euros.


Among them, 37.644 million euros of funds flowed into 500,000 euros of house purchase and relocation projects; 13.366 million euros of funds flowed into 350,000 euros of old house renovation projects.


Chinese families are the most approved


According to the overall data released by the Portuguese Immigration Service since the implementation of the golden visa in October 2012, as of the end of April 2023, 12,037 main applicants have been approved for golden visas, and 19,600 dependent applicants have been approved.


Among them, 5319 were awarded to Chinese families (ranked first), followed by Brazilian families (1203), American families (635), Turkish families (571)...


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Why is it so popular?


superior quality of life


Portugal is a beautiful country, known as "one of the most beautiful countries in Europe", with a pleasant climate, beautiful natural environment, rich cultural heritage and delicious food.


The pace of life here is relatively slow, and people focus on enjoying life, making people feel relaxed and comfortable. At the same time, Portugal's medical security and education systems are relatively complete.


Portugal is considered the best place in the world to retire in 2023, according to the annual Global Retirement Index published by the American magazine International Living.


The index takes into account housing, cost of living, visas/welfare, affinity ratings, development/governance, climate and healthcare, with Portugal scoring an average of 87.43, with healthcare (92 points) being the highest-scoring domain, followed by development/governance (94 points) and visa/benefits (90 points).


Diversified life choices


Portugal, as a veteran European power, is backed by the two big trees of the European Union and Schengen. After obtaining the Portuguese status through the golden visa project, the applicant can not only freely travel to 27 Schengen countries, but also freely study, work, do business and settle locally. Applicants have multiple needs for identity configuration, education planning, pension medical care, home ownership, etc.


catch the last window


Portugal Golden Visa will be closed soon!


On February 16, 2023 local time, Portuguese Prime Minister Antonio Costa announced at the Portuguese Cabinet Ministers' Meeting that the Portuguese "Golden Residence Visa" investment immigration program will be officially cancelled!


The specific details are still being worked out, and the application and review procedures for the Portuguese Golden Visa are still in progress.


For investors who intend to immigrate to Portugal, they should grasp the policy window as soon as possible, time is tight, and plan well so that the submission can be completed before the policy announcement takes effect. For details, please consult Xingyunhai International~

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