Investment by Chinese nationals in Portugal´s ‘golden visas’ fell by 38% between January and August, while that by US nationals more than doubled.
According to official data, US investment through ‘golden’ visas totaled EUR 73 million this year, above the EUR 65 million from China.
The Residence Permit for Investment (ARI) program, launched in October 2012, has almost always had China in first place in the list of nationalities that invest the most.
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US investment more than doubled compared to the EUR 25.1 million (47 ‘gold visas) registered in the first eight months of 2021 and Chinese investment fell by 38% (EUR 106.1 million and 208 permits).
China continues to lead, in the accumulated, in the list of investments by nationality. Since the ARI program was launched almost 10 years ago, the amount invested by Chinese citizens has amounted to more than EUR 2.913 million, with a total of 5,168 ‘golden’ visas awarded.
The United States, in turn, account for an accumulated investment of EUR 268.2 million, with 466 ‘golden’ visas granted.
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Of the total ARI awarded, more than 250 were through the acquisition of real estate with a value equal to or greater than half a million euros and 97 for urban rehabilitation. Most of the investment coming from China is in real estate.
In the first eight months of this year, 806 ‘gold’ visas were issued.
Since the ARI grant program was launched in October 2012, EUR 6.497 million have been raised.
