Recently, the Portuguese Immigration Service officially announced the latest statistics on the nationalities of the main applicants for the Portuguese Golden Visa in June. The top five countries with the number of applications this month are:
China (30)
The United States (30)
Turkey (14 )
India (11)
Brazil (10)
Among them, China and the United States tied for first in the number of applications in June 2022
html Data in June showed that a total of 155 main applicants and 204 subsidiary applicants were approved in Portugal Golden visa, with an investment of 77.92 million euros, an increase of more than 45% compared to May. Among the 155 applicants, 126 chose real estate investment projects, with an investment amount of 62.2746 million euros. Among them, 38.3675 million euros of funds flowed into housing and immigration projects of 500,000 euros, accounting for 61.6%, and 23.9071 million euros. Funds flowed into old house renovation projects worth 350,000 euros, accounting for 38.4%.
The number of visas issued by Portugal Golden Visa to Americans and Chinese in each month
As of June this year, 649 main applicants and 735 subsidiary applicants have been approved to apply for Portugal Golden Visa this year. One in five golden visa applicants this year is from the United States, almost double compared with the past two years.
In addition, the Portuguese Immigration Service also updated the overall data since the implementation of the golden residence policy in October 2012. As of the end of June 2022, 10,903 main applicants have been approved for the Portuguese Golden Visa, and 17,956 subsidiary applicants have been approved. Among them, China has approved 5,139 households, accounting for about 47%. Through the Golden Residence Plan, Portugal has attracted a total of 6.416 billion euros of investment, of which 5.759 billion yuan has been directly invested in the real estate market, which is enough to show investors' strong interest in the Portuguese real estate market.
According to statistics from the Portuguese National Statistics Institute (INE) on June 23, the real estate transaction volume delivered in Portugal in the first quarter of 2022 was approximately 8.1 billion euros, a year-on-year increase of 13%! The growth rate shows that the prices of real estate transactions delivered continue to rise and are 1.3 percentage points higher than those delivered in the fourth quarter of 2021.
Portugal's National Institute of Statistics said this was the "most significant price rise" recorded since the launch of the house price index series, in the first quarter of 2010. After house prices rose by more than 9% in 2021 and nearly 12% in the fourth quarter of last year, the ine house price index in the first quarter of 2022 once again showed a sharp increase in house prices in Portugal, which increased by 3.8% compared with the previous quarter.
Price increases did not prevent the growth in transaction volume from January to March 2022. In 2021, Portugal's housing sales increased by 25.8% year-on-year (43,544 homes sold), with total sales of 8.1 billion euros, an increase of 44.4% over the previous year.
Mainly Focused on Lisbon , 818 and Algarve . However, since 2022, the Portuguese Golden Visa program does not allow apartment types in these three popular cities as application projects, and only other types of real estate other than apartments can be purchased.
