Portugal Tripled its Investments during Pandemic

Based on the statistics of the Portuguese Immigration and Borders Service (SEF), total investment from the Golden Visa applications reached around 146 million Euros in May 2020 which is an increase of 192% compared to the same period in year 2019. 

From the beginning of 2020 until end of May 2020, 529 Golden visa applications were granted approval of which half of it was given during May 2020. According to SEF, most of the applications approved in May were of real estate investment nature of which around 4% of them were investments in Urban rehabilitation projects. 

Portugal Golden Visa is one of the most attractive residency programs in Europe, proving high demand from foreign investors which had tripled even during the Pandemic of COVID 19 where economic expectations were low yet this is an example of high potential and investment opportunities.

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