![\"The](\"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2016\/10\/portugal-parliament-300x212.jpg\" "\\"The")
The Portugal government says it has attracted investment worth \u20ac2.4 billion since introducing its permanent residence-by-investment program in 2012.<\/p>\nThe Portugal government says it has attracted investment worth \u20ac2.4 billion since introducing its permanent residence-by-investment program in 2012.<\/p>\n
Wealthy Chinese investors have made up most of the clientele, says Portugal\u2019s Foreigners and Borders Service.<\/p>\n
Of the 3,888 candidates given permanent residency under the program, 1,100 of them were granted in 2016. Some 766 were granted in 2015, 1,526 in 2014 and 494 in 2013. When the program was gaining traction in 2012, just two visa were awarded.<\/p>\n
Capital Investment Jobs<\/strong> Real Estate<\/strong> Urban Rehabilitation<\/strong> Scientific Research and Development<\/strong> Promotion of Culture<\/strong> Small-Cap and Mid-Cap Finance<\/strong> Investment in Low Population Areas<\/strong> Candidates overwhelmingly prefer the real estate investment stream of the program, which accounts for 3,669 out of the 3,888 visas awarded. There have been 213 visa offered in return for capital transfers and six for creating at least 10 jobs.<\/p>\n Changes implemented in September 2015 rejuvenated the program.<\/p>\n They included new investment options for buying older property, or buying a building in a designated regeneration area. Aa scientific research investment option was also introduced.<\/p>\n Existing investment classes include general real estate, capital transfer and job creation.<\/p>\n These latest figures go against fears candidates for investment immigration programs could start\u00a0turning their attention away<\/a>\u00a0from European countries like Portugal and towards the Caribbean, because of the UK\u2019s impending exit from the European Union.<\/p>\n \u2018Brexit\u2019 could mean the investment immigration programs run by the likes of Cyprus, Malta and Portugal may no longer be able to offer visa-free travel to the UK, one of their key benefits.<\/p>\n Portugal\u2019s golden visa has been highlighted as one of the chief drivers behind\u00a0Lisbon\u2019s emergence from economic difficulties<\/a>.<\/p>\n Global real estate agency Savills says the property market in the capital is thriving thanks to the success of the investor program.<\/p>\n The Savills report uses data up until 2015, pointing out that \u20ac1.56 billion of investment could be traced back to the 2,697 golden visas awarded under the program. Chinese investors account for 83 per cent of real estate acquisitions.<\/p>\n \n \n Further reading<\/b><\/p>\n The Portugal government says it has attracted investment worth \u20ac2.4 billion since introducing its permanent residence-by-investment program in 2012. Wealthy Chinese investors have made up most of the clientele, says Portugal\u2019s Foreigners and Borders Service. Of the 3,888 candidates given permanent residency under the program, 1,100 of them were granted in 2016. Some 766 were…<\/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-27O","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/8172"}],"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=8172"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/8172\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=8172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=8172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=8172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/strong>Transfer of capital of minimum value of \u20ac1 million into Portugal including through purchase of shares in companies<\/p>\n
\nCreation of at least 10 new positions in Portugal<\/p>\n
\nPurchase of unencumbered real estate in Portugal of a minimum value of \u20ac350,000. Co-ownership or purchase of property through finance is permissible provided each individual makes a mandatory minimum investment of \u20ac350,000.<\/p>\n
\nInvestment of at least \u20ac350,000 in constructed 30 years ago or investment for rehabilitation of properties located in Urban Rehabilitation Areas<\/p>\n
\nInvestment of at least \u20ac350,000 in R&D activities of institutions that are part of the national technological system.<\/p>\n
\nInvestment of at least \u20ac250,000 towards financing of bodies pursuing cultural or artistic activities or towards renovation or maintenance of cultural heritage.<\/p>\n
\nInvestment of at least \u20ac500,000 towards purchase of units of small-cap or mid-cap venture capital funds.<\/p>\n
\n20 per cent reduction in minimum investments in the above-mentioned categories when investment is made in a low population-density area.<\/p>\n
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