Chinese citizens invested 2.06 billion euros in Portugal in exchange for gold visas

Page created: Friday, 2 February 2018 13:26 GMT

China   Investment

The investment by citizens of China in Portugal under the Residence Permit for Investment Activity (ARI) scheme totals 2.06 billion euros, for a total of 3,588 so-called gold visas, the Portuguese Foreigners and Borders Service (SEF) said.

In cumulative terms – since the golden visas began to be allocated on 8 October 2012 until last December – the total investment attracted by the scheme reached 3.411 billion euros, with Chinese investment accounting for about 60% of the total raised.

Investment by Chinese citizens in 2017 amounted to 306.3 million euros, with the granting of 538 visas, or a 37% decrease compared to 487.4 million euros, with 848 gold visas, registered in 2016.