First-Half 2020 Investment in Portugal’s Golden Visa Already 52% of 2019 Total
A prognosis that two months ago might have seemed absurd is starting to look realistic: 2020 could be a record year for Portugal’s golden visa.
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Why Portugal Will Rebound Far Better From the Crisis Than Competing RCBI Programs
Portugal handled the crisis better than most of its peers and are seeing its golden visa program soar in popularity as a consequence.
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Historic Comeback for Portugal Golden Visa: May 2020 Best Month on Record
Back with a vengeance: May approvals alone exceeded those of the preceding four months combined as the program raised a historic EUR 147 million.
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Pandemic Has Robbed Greek and Portuguese Golden Visas of Nearly EUR 300 Million So Far
Greece and Portugal’s golden visa programs have missed out on 800 applications and investment equivalent to a small country’s GDP due to the pandemic.
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Investment in Portugal’s Golden Visa Stable Despite Pandemic, Interest in VC-Option Gathers Steam
What pandemic? Even during the worst month of the COVID-19 outbreak, Portugal’s golden visa program raised more than EUR 28 million, fresh figures show.
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Weighed Down by Pandemic, Investment in Portugal’s Golden Visa Falls to 21-Month Low
But the upward trend of applicants choosing alternative investments was once more confirmed in March, rising to a record 28% of the total.
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Pandemic Reveals Disparities in Processing System Robustness Among RCBI Programs
The Dominica CIU, accustomed to processing during hurricanes, finds that maintaining operations amid a pandemic is, relatively speaking, a breeze.
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Portugal Residence Investors Unfazed by Rule-Change Discussions, Feb Data Shows
One novel development was apparent, though; for the first time since records began, Chinese investors were not the leading applicant cohort.
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Portugal’s Govt. Backpedals on Golden Visa: “No Need to Cancel” as Changes Won’t Take Effect Until 2021
The happy news comes just as Portugal’s SEF reports the program has passed the historic EUR 5 billion revenue milestone.
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Portugal GV-Reforms “Not in Force Yet” – Key Questions Unanswered After Parliamentary Session
“We need to be prudent and see what – if anything – happens and then take appropriate measures,” a senior attorney specializing in the program tells IMI.
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5 Strategies for Navigating Portugal’s Upcoming Golden Visa Reforms
Major changes are coming to the Portugal Golden Visa. Hakan Kodal offers five suggestions for how stakeholders can survive the transition.
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Portuguese Govt. Moves to End Golden Visas for Lisbon and Porto
Mendes, leader of the Socialist bench, said her party would do away with golden visas for hotspots Lisbon and Porto in favor of less developed regions.
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Portugal Realtors’ Association Urges Caution on Golden Visa Reform
“I would not be shocked if [in Lisbon and Porto], the minimum investment requirement went from EUR 500,000 to EUR 1m,” says the President of APEMIP.
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1 in 4 Portugal Residence Investors Now Opt for Alternative Assets
The share of investors who pick options other than the conventional EUR 500,000 property purchase has more than tripled in the last three years.
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Court Impels Portugal’s Govt. to Share Detailed Golden Visa Data (Including Some That Don’t Exist)
Transparency International has won a court case that will compel Portuguese authorities to share more data on the golden visa program.
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Investor in Portugal Golden Visa Gets Citizenship After Fulfilling 35-Day Stay Requirement
Confirmation of the citizenship route, coupled with Portugal’s likelihood of becoming an E2 country in the near future, will give the program a major boost.
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House Passes Bill to Make Portugal an E1 and E2 Treaty Country
Portugal’s golden visa investors may soon not only have the chance to gain residence and citizenship in an EU country, but also to run businesses in the US.
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Total Revenue From Residence by Investment in Portugal to Pass €5 Billion Milestone Within Weeks
The milestone has only been reached by three other residence programs in history, but apps. hit a 17-month low in Nov and 2019 income is lowest since 2015.
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€5 Billion By Year’s End: Residency Investment in Portugal Picks Up 24% in October
Portugal’s golden visa program is just EUR 89 million away from passing the 5-billion-euro mark. The champagne-opening could take place as soon as next month.
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Investor Migrants Becoming More Sophisticated, Favoring Fund Investment Over Real Estate
Portugal’s recent focus on private equity investment funds for Golden Visas reveal investor migrants are now sensitive to sound tax and exit strategies.
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