Golden Visas hit 3 Billion Euros

April 25th, 2017   •   Comments Off on Golden Visas hit 3 Billion Euros   

SEF Statistics- March17The Portuguese Golden Visa programme has always been a firm favourite since it was released back in 2012 and the latest figures from SEF, the immigration authorities, confirm this. A record breaking 3 billion euros has now been generated from investment via the Golden Visa scheme and there has been a total of 7,896 family residency visa’s granted so far.

2016 saw the busiest year to date with a total of 2,344 golden visa’s issued. But 2017 is set to see significantly higher figures with an impressive 1,259 visas being issued in just the first quarter alone.

The Golden Visa programme in Portugal has always been a popular choice for investors looking to secure EU residency rights via real estate investment. A major draw of this programme is the opportunity to apply for citizenship after 6 years, without the need to reside in the country for long periods on time. Like any EU residency visa scheme, the benefit of visa free travel throughout the Schengen zone is a huge advantage to many.

We urge anybody who is considering this visa programme to contact one of our expert consultants today. La Vida can assist with the whole process from A to Z, from providing initial advice, sourcing a property and processing the application itself through one of our specialist legal partners.

Tags: ,