Investment In Golden Visa Totalled €52.3M in Feb

  • 17 March, 21

In February, investment resulting from the Residence Permit for Investment (ARI) programme totalled 52,318,353 euros, 13% more than a year earlier (46.2 million euros).

Last month’s approval volumes also represented a 43% improvement on February a year ago. According to the Foreigners and Borders Service (SEF), 100 golden visas were granted last month, of which 89 through the purchase of real estate (24 for urban rehabilitation) and 11 through capital transfers.

Americans, once more, made it into the top five applicant nationalities list, where they have featured consecutively since August 2020, with the exception of December last year

The ARI programme, launched in October 2012, has up to February this year – in cumulative terms – recorded an investment of more than €5.7 billion. Of this amount, most corresponds to the purchase of real estate, which after eight years of the programme amounts to €5.1 billion, with the purchase for urban rehabilitation totalling €288 million.

Golden Visa Program/ ARI is the most competitive program that provides foreign investors the right to reside in Portugal/EU and opens a gateway to get EU Citizenship for themselves and their families. ARI/ Portugal Golden Visa enacted since 2012 under 7 categories. Mercan Group launches the Golden Visa Program under property rehabilitation category. Mercan Group successfully calls for more than 400 investment slots from over 40 countries to invest in this scheme. Contact us via hello@mercan.com to get update our available projects.

Cre:imidaily, econews.pt

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