Statistical Highlights for Portugal Golden Visa Program
A residency by investment program called the Portuguese Golden Visa enables non-EU citizens to invest in Portugal and acquire a residency card. After five years, the golden visa entitles holders to travel freely throughout Europe, live, work, and study in Portugal, and eventually apply for Portugal citizenship.
We’ve gathered the information and figures pertaining to Portugal’s Golden Visa program are included in this article.
AIMA’s Portugal Golden Visa Statistics for September 2023
According to theThe Agency for Integration, Migration and Asylum (AIMA)’s data, 4,455 people applied for the Portugal Golden Visa in 2023. The fact that 2,901 of them applied as families and 1,554 as individuals shows how popular this residency by investment program is.
The diversity of candidates is shown in the nationality breakdown for September 2023. The United States was the largest country with 567 applications, followed by China with 306 applicants, Brazil as 219, India 199, and the United Kingdom with 234 applicants.
Investment preferences also varied among applicants in September. A total of 99 individuals opted for real estate purchases. Of these, 49 invested in properties worth €500,000+ or €400,000+, and 50 chose renovated properties valued at €350,000 or €280,000. Additionally, 57 applicants pursued the capital transfer route, with 50 of them investing in Portuguese investment funds.
These figures demonstrate the Portugal Golden Visa program’s ongoing appeal on a global scale as well as the variety of routes applicants take to get residency.
All-Time Portugal Golden Visa Statistics: 2012-2023
Nationalities (2012-2023)
12,718 primary candidates have received Portugal Golden Visas as of right now. They have been accompanied by 20,424 dependant family members.
Since the Golden Visa program began in Portugal, the country with the most applicants has continuously been China. Brazil is far behind in terms of nationalities, followed by the United Arab Emirates.
Family Reunification: Number of Dependents
Under the Portugal Golden Visa program, dependent family members of main applicants can also be included in the program through family reunification rules. From 2012 to 2023, a total of 12,718 main applicants received a Portuguese Golden Visa, while 20,424 dependent family members of these applicants were included in the program.
When the breakdown by years is analyzed:
In 2021, a total of 822 dependent family members received visas, while this number increased to 898 in 2022.
In 2023, the number of family members reached 1,002, indicating that the program is a particularly family-oriented choice.
This data shows that the Portuguese Golden Visa program supports not only individual applications, but also the need for families to settle together.
Golden Visa Investment Kinds
The distribution of the investment categories that applicants pursued demonstrates how real estate was the most popular option. Nonetheless, in recent years, Portuguese investment funds and venture capital have become increasingly popular. When the minimum needed investment amount was lowered from €500,000 to €350,000 in 2019, this option became more popular and more accessible. Its overall representation has been affected since the minimum sum was raised again to €500,000 on January 1, 2022.
This article was written based on a getgoldenvisa.com article.