Qatar invests €2.28 million in Portugal Golden Visas

• 1 November, 22

Five Golden Visas have been granted to Qatari citizens over the past 10 years. All of them invested in the real estate market in the country.

Three of the golden visas were granted to citizens of Qatar on the basis of the acquisition of real estate with a value equal to or greater than 500 thousand euros;

Two golden visas were granted for the acquisition of real estate for urban rehabilitation (the construction of which has been completed for at least 30 years or located in an urban rehabilitation area and carrying out rehabilitation works of the acquired real estate, in the total amount equal to or greater than 350 thousand euros).

In 2016, the first golden visa was granted to a citizen of Qatar, for the purchase of real estate, in an investment of 565 thousand euros.

Three years later, in 2019, two ARIs were granted to Qatar within the scope of the criterion for the acquisition of real estate, of which one for urban rehabilitation, for a total of 915 thousand euros.

In 2020, the year of the pandemic, the fourth ‘golden’ visa was granted, in an investment of 528 thousand euros, and this year the fifth was awarded (280 thousand euros).

Cre: Portugalnews