Investments in Portugal Golden Visa Program have soared by 27.5% in the first half of this year, reaching a total of €403 million, according to data provided by the Portuguese Immigration and Border Service (SEF).
During this period, a total of 861 golden visas were granted, with 475 of them issued in the second quarter. Specifically, there were 115 visas in April, 180 in May, and 179 in June.
SEF statistics also reveal that 1,191 visas were granted to grouped family members in the first half of the year, including 167 in April, 208 in May, and 192 in June. Additionally, 153 visas were granted in January, 209 in February, and 262 in March for grouped family members.
Cumulatively, the total investments in the program have surpassed €7 billion, reaching €7,157,485,864.42 as of last month. Since its inception in October 2012, a total of 12,396 golden visas have been allocated.
The primary beneficiaries of these visas have been nationals from China (5,366), Brazil (1,229), the United States (713), Turkey (592), and South Africa (550).
The SEF report shows that 11,181 golden visas have been granted through real estate acquisitions, amounting to over €6.3 billion. Out of these, €636.5 million were related to purchases for urban rehabilitation, resulting in 1,783 golden visas issued. Capital transfers accounted for an accumulated amount of €819.6 million, with 1,193 ARIs (Authorization for Residency Investment) awarded. Only 22 golden visas have been granted through job creation in over ten years of Portugal golden visa program.