Statistics of the Golden Visa Program in Portugal in 2020

PUBLISHED ON 
18.1.2021

The program department approved 1,182 investor applications. In addition to the main applicants, 2043 family members also received residence permit cards. Total of 3225 applications were approved.

Top 6 countries whose citizens received a residence permit in Portugal in 2020:

China 296 investors
Brazil 126 investors
USA 75 investors
South Africa 74 investors
Turkey 72 investors
Russia 63 investors

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What investments where the most popular among investors in 2020?

The Golden Visa Program in Portugal offers investors eight investment options. A program participant can buy real estate, transfer money to a bank deposit, purchase shares of a venture fund, invest in scientific research or cultural projects, open a business or invest in existing companies.

The purchase of real estate is traditionally the most popular among investors. In 2020, 91% of investors took advantage of real estate options. Real estate transactions have brought the country in 2020 about 588 million euros.

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Real estate Golden Visa investment options:

Invest €500,000 in New Real Estate
( In major cities like Lisbon, valid for investments made till July 2021, from July 2021 investments will rise to € 1,000,000 )
Invest €400,000 in New Real Estate located in a low-density area
Invest €350,000 in Real Estate (The purchase of real estate in Portuguese urban regeneration areas or that is at least 30 years old in major cities like Lisbon)
Invest €280,000 in Real Estate located in a low-density area. The purchase of real estate in Portuguese urban regeneration areas or that is at least 30 years old. ( Valid for investments made till July 2021, from July 2021 investments will rise to €350,000 )

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Future of Golden Visa Program in 2021

In the first half of 2021 the demand for the program will grow. The terms of the program will change on July 1, 2021. Under the new regulations, investors will not be able to buy real estate in major cities like Lisbon and Porto € 500,000 and minimum investments will be changed from € 280,000 to € 350,000.

DRP Advisers recommend to think about buying real estate now, as long as investors are not limited in the choice of properties, the regulations haven’t changed yet and prices are rising slowly due to the pandemic.

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If you want to learn more about real estate investments in Portugal for Golden Visa, speak to our consultant, that will be happy to find you the best option on the market.

Book a consultation

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About DRP Advisers

DRP Advisers is an expert in Real Estate investments and Golden Visa Program. For many years we have been helping clients to find the right properties in Portugal. We use our extensive connections within the industry to access suitable investment opportunities ahead of the competition.

With a cosmopolitan team, our secure network of lawyers, real estate brokers, property managers, mortgage advisors are here to guide you every step of the way through your investment journey.

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To find out more, please contact us:

E-Mail: renata@drpadvisers.com

Phone: + 351 912 585 085

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