{"id":6707,"date":"2016-05-04T00:06:22","date_gmt":"2016-05-04T00:06:22","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=6707"},"modified":"2019-02-12T13:50:59","modified_gmt":"2019-02-12T18:50:59","slug":"portugals-1-91b-investment-immigration-success-story","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/portugals-1-91b-investment-immigration-success-story\/","title":{"rendered":"Portugal\u2019s $1.91b investment immigration success story"},"content":{"rendered":"<p>Chinese investors have driven the overwhelming success of Portugal\u2019s investment immigration program, with \u20ac1.91 billion ($2.19b) invested over the three-and-a-half years since it was introduced.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"6718\" data-permalink=\"https:\/\/www.investmentimmigration.com\/australia-investment-immigration-program\/investment-immigration-3\/\" data-orig-file=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration.jpg\" data-orig-size=\"1000,583\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"investment-immigration\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration-300x175.jpg\" data-large-file=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration.jpg\" class=\"aligncenter wp-image-6718 size-medium\" title=\"Portugal\u2019s $1.91b investment immigration success story\" src=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration-300x175.jpg\" alt=\"Chinese investors have driven the overwhelming success of Portugal\u2019s investment immigration program, with \u20ac1.91 billion ($2.19b) invested over the three-and-a-half years since it was introduced\" width=\"300\" height=\"175\" srcset=\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration-300x175.jpg 300w, https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration-768x448.jpg 768w, https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/05\/investment-immigration.jpg 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Recent figures show the\u00a0<a href=\"https:\/\/www.investmentimmigration.com\/portugal-investor-golden-residence-programme\/\">Golden Residence Investor Program<\/a>\u00a0is only gathering pace, with March alone attracting investment of \u20ac103.6 million, bringing the total to \u20ac231.5 million for the first quarter, according to the Portuguese immigration department.<\/p>\n<p>More than 3,000 visas have been granted via the program, with 2,457 going to Chinese investors.<\/p>\n<h3>\u00a0Benefits of Golden Residence Investor Program<\/h3>\n<ul>\n<li>Exemption from the requirement of obtaining a resident visa for entering Portugal<\/li>\n<li>Live and work in Portugal when maintaining residence in another country.<\/li>\n<li>Study in Portugal.<\/li>\n<li>Exemption from obtaining visa when travelling within the Schengen Area.<\/li>\n<li>Obtain temporary residence, permanent residence, and citizenship for your family as well.<\/li>\n<li>Become a permanent resident after a period of five years subject to the terms and conditions of the program.<\/li>\n<li>Become a citizen of Portugal after a period of six years subject to the terms and conditions of the program.<\/li>\n<\/ul>\n<p>The program features a number of ways by which investors can obtain a Portuguese visa, but property investment is the overwhelmingly popular stream, attracting 2,991 successful applicants.<\/p>\n<p>Once the one-year visa has been granted, applicants can apply for two-year extensions, become a permanent resident of the country in five years, and be granted citizenship in six, provided the conditions of the program are met.<\/p>\n<p><strong>Portugal in numbers<\/strong><\/p>\n<p><strong>Population<\/strong>10.49 million<br \/>\n<strong>Size<\/strong>92,212 square kilometres<br \/>\n<strong>GDP<\/strong>$219.96 billion<br \/>\n<strong>Average earnings<\/strong>21,405<br \/>\n<strong>Unemployment<\/strong>15.10%<br \/>\n<strong>Inflation<\/strong>-0.40%<\/p>\n<p>Other key benefits include visa-free travel to the European Union\u2019s Schengen zone of countries.<\/p>\n<p>The program was introduced in October 2012 and peaked in popularity in 2014, when 1,526 visas were granted. The first quarter of 2016 has already seen 377 visas issued.<\/p>\n<p>Its success is in contrast to similar programs in\u00a0<a href=\"https:\/\/www.investmentimmigration.com\/canada-residence-investor-program\/\">Canada<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.investmentimmigration.com\/australia-residence-investor-program\/\">Australia<\/a>, where unrealistic stipulations have seen only a handful of applications and even fewer visas issued.<\/p>\n<p><b>General Information: <\/b><a href=\"https:\/\/www.investmentimmigration.com\/contact-us\/\">Contact us<\/a> to receive more information about this article.<\/p>\n<p><strong>Further reading:<\/strong><\/p>\n<ul>\n<li class=\"title\"><a href=\"https:\/\/www.investmentimmigration.com\/6615-2\/\" target=\"_blank\">Antigua &amp; Barbuda: Raises Cost of Citizenship<\/a><\/li>\n<li class=\"title\"><a href=\"https:\/\/www.investmentimmigration.com\/ottawa-fire-wealthy-quebec-immigrant-investors-settle-bc\/\" target=\"_blank\">Ottawa Under Fire as Wealthy Quebec Immigrant Investors Settle in BC and Ontario<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Chinese investors have driven the overwhelming success of Portugal\u2019s investment immigration program, with \u20ac1.91 billion ($2.19b) invested over the three-and-a-half years since it was introduced. &nbsp; Recent figures show the\u00a0Golden Residence Investor Program\u00a0is only gathering pace, with March alone attracting investment of \u20ac103.6 million, bringing the total to \u20ac231.5 million for the first quarter, according&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-1Kb","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/6707"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=6707"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/6707\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=6707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=6707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=6707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}