The Investment Migration Knowledge Platform
Not since March 2018 has the SEF approved more applications in a single month than it did in July, and never has it approved more Brazilians.
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In the absence of a substantial shift in the trend-line, 2019 will be the worst-performing year since scandal-prone 2015.
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The next big growth area is the €350,000 route through regulated private equity funds, writes Hakan Kodal.
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May 2019 figures from Portugal’s Borders and Immigration Service (SEF) reveal a sharp decline in interest in the country’s golden visa program compared to May last year. Overall, both investment and visa approvals are down some 32%. Compared to April, interest declined only slightly in May; the SEF approved 82 applications (92 in April) and
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Mahmoudi maintains that Portugal has the world’s best golden visa. In response, Rozakis lists the reasons why that is not the case.
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Sharp mobility firms have recognized the problem that the Portugal Angel Visa solves; HNWIS need a cost-effective and politically-shrewd path to the EU.
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After nothing but decline in the first three months of 2019, the investment volume trend turned upward in April. In the year’s first quarter, the Golden Visa program raised EUR 249 million.
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“EU Golden Visas are dying and EU Start-Up Visas suck. The Portugal Angel Visa is perfect for HNWIs,” writes Paul Girodo.
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By this time next year, EU golden visa programs will have changed so much that they will have effectively ended. But exciting new programs are coming online to replace them, writes Paul Girodo.
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If it turns out Portugal Golden Visa investors who spent 35 days in the country end up NOT qualifying for citizenship, the ramifications for the global IM market will be momentous, writes Laszlo Kiss.
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The IMC confirms that Portuguese Socialist MEP, Ana Gomes – the European Parliament’s most fervent opponent of investment migration – will attend their annual conference in Geneva this June.
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Total investment in the program is down 31% compared to the same month last year – from EUR 91 million to EUR 63 million – while the number of main applicants fell by 36% – from 159 to 101.
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Should each month in 2019 be as good as January, Portugal would see its own annual records for both investment and visas issued surpassed by some 24%
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A Lisbon court on Friday acquitted Miguel Macedo, erstwhile Minister of the Interior for Portugal, of criminal malfeasance in a high-profile case stemming from an investigation in 2014 – Operation Labyrinth – which saw 21 individuals from both the public and private sectors tried in court on charges of corruption and influence-peddling related to the
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Statistics from Portugal’s Borders and Immigration Service (SEF) shows the country’s golden visa program raised FDI worth €94 million from 149 investors in December, which translates to an improvement of some 20% on the month before and a whopping 300% increase compared to December last year. After fluctuating considerably in its early years, application volume
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Statistics from Portugal’s Borders and Immigration Service shows the country’s golden visa program raised FDI worth €77 million from 126 investors in November, a slight improvement on the month before and 30% more than during the same month last year. Read also: Opinion: Why Portugal, Objectively Speaking, Has the Best Golden Visa in the World So
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Kianoush MahmoudiDirector and Head of Business Development at Cankash Company Europe has no shortage of citizenship and residence by investment programs, each competing to court the most HNWIs and – by extension -foreign investment. At last count, in fact, more than half the countries in Europe had such programs. While all these programs are
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In October, Portugal’s golden visa (PGV) program saw approvals and investments double from the month before. So far in 2018, the PGV has raised an average of €67 million a month and looks set to bring in some €800 million for the year as a whole. Chinese applicants, who once made up four-fifths of the total, now
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Three countries issued 84% of golden visas in Europe last year; one country alone made up more than half the market. We’ve compared Europe’s golden visa programs by application approval volumes and foreign direct investment raised over the last 12-month period. A note on our figures: For the number of approved main applicants during the last
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As the first batch of golden visa holders completing their five years of residence in Portugal have started to trickle through, reports confirm that the investors are obtaining not only permanent residence (PR) permits but also citizenships after physically residing for just 35 days in the country. A great deal of uncertainty has always surrounded
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