Investments in Golden Visas Drop by 52% in October

17 November 2020According to Lusa and statistics from the Foreigners and Border Service (SEF), investments in the golden visa program fell by 52% in October, year-on-year, to 28.6 million euros.

A total of 54 golden visas were granted in October, six through capital transfers, and 48 through the acquisition of real estate (13 for urban rehabilitation).

Investment in the acquisition of real estate totalled €25.9 million, including €5.1 million for urban rehabilitation. Capital transfers amounted to €2.7 million.

Original Story: Eco Sapo

Translation/Summary: Richard Turner