Investment raised through ‘gold’ visas rises 42% by 2022 to 654ME

The investment captured through the ‘gold’ visas in 2022 amounted to 654.2 million Euros, an increase of 41.9% over the previous year, according to calculations made by Lusa based on SEF data.

In 2022, 1,281 Residence Permits for Investment (ARI) were granted, a program that celebrated its 10th anniversary last October.

Thus, according to data from the Foreigners and Borders Service (SEF), 94 ‘golden’ visas were granted in January, 94 in February, 73 in March, 121 in April, 112 in May, 155 in June, 80 in July, 77 in August, 120 in September, 83 in October, 121 in November and 151 in December.

Last year, there were 1,533 residence permits for regrouped family members, 192 of which were issued in December.

Since the creation of this instrument aimed at attracting foreign investment, whose continuity is being evaluated, 11,535 ARI have already been granted: two in 2012, 494 in 2013, 1,526 in 2014, 766 in 2015, 1,414 in 2016, 1,351 in 2017, 1,409 in 2018, 1,245 in 2019, 1,182 in 2020, 865 in 2021, and 1,281 in 2022.

In the real estate acquisition criterion, visas granted total 10,593 so far and an investment of €6,041 million, of which €534.1 million corresponds to the purchase for urban rehabilitation (1,485 ARI).

Regarding the capital transfer criterion, 920 have been granted to date, for an amount of €712 million.

The job creation criterion totals 22 ‘golden’ visas.

The accumulated investment in the program, from October 2012 to December 2022, is 6,754 million Euros.

By nationalities, China leads the way (5,247), followed by Brazil (1,168), Turkey (546), the United States (537), and South Africa (507).

Since the beginning of the program, 18,808 residence permits have been granted to reunited family members.