Portugal Golden Visa Program keeps impressive investment numbers despite the Coronavirus pandemic

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portugal golden visa program coronavirus pandemic

The Coronavirus pandemic is marking the year of 2020. In particular, some European countries suffered dramatically with the new virus, but Portugal is not one of them. Considered an example in Europe in the fight against the Coronavirus pandemic, Portugal was also one of the first countries to reopen its economy.

Besides, Portugal kept its great Investor Immigration Program functioning during the Coronavirus pandemic. The Portugal Golden Visa Program is one of the most successful Investor Immigration Program in Europe, and it brings exuberant numbers to Portugal’s economy. These impressive investment amounts will surely help Portugal face the economic crisis that may follow the Coronavirus pandemic and keep the economy stable.

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Also read: Portugal is elected the 3rd safest country in the world in 2020

Portugal Golden Visa Program in numbers

Despite the Coronavirus pandemic, the Portugal Golden Visa Program brought over 382 million euros in investments just in 2020. If you consider the numbers since the beginning of the program, in October 2012, the numbers are even more impressive.

From October 2012 to June 2020, the Portugal Golden Visa Program, also known as ARI (Residence Permit For Investment Activity), brought 5.375.257.550,51 euros to Portugal’s economy. Over 4.8 billion Euros from this total came from the Real Estate Property Purchasing, which is by far the most popular category of the Portugal Golden Visa Program.

Find below more impressive numbers and data about the Portugal Golden Visa Program.

Portugal Golden Visa Program

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Why invest in the Portugal Golden Visa Program?

The Portugal Golden Visa Program is a top choice for high-net-worth foreign investors looking for an immigration solution in Europe. By investing 350 000 EUR in selected real estate projects, an investor can become a Golden Visa holder. The Golden Visa holders have the right to reside in Europe and eventually gain access to Portuguese citizenship. Additionally, Golden Visa holders have the right to do business, work, and study in Portugal.

Family members of the investor (spouse, financially dependent children, and financially dependent parents) may also be included in the application, enjoy the same benefits and become European citizens. They can also travel visa-free within the 26 nation members of the Schengen zone.

Also read: Why is now the Golden Moment to make your real estate investment in Portugal?

Also read: Six reasons why you should invest in Portugal in 2020

What is the best investment option in the Portugal Golden Visa Program?

As pointed in the article, Real Estate investment is the most popular category of the Portugal Golden Visa Program and considered by many specialists the best option. Due to the possible upcoming changes to the Portugal Golden Visa Program is also the safest and most recommended option.

Mercan Group is a Real Estate developer, and it’s currently offering one of the best Real Estate projects eligible for the Portugal Golden Visa Program: the Lapa Porto Hotel.

lapa porto hotel portugal golden visa programThe Lapa Porto Hotel is a project in partnership with the Porto Municipality and Marriot Hotels (Renaissance Brand). The Lapa Porto Hotel is ideal for investors looking for a way to protect their capital while holding the investment and making a predictable return (fixed 3% yield per year).

Mercan has the expertise to guide investors through their entire application process. Their team is ready to offer other Portugal Golden Visa solutions if the Lapa Hotel is not exactly the project for you. Take today their free form to know more about the Lapa Porto Hotel and the Portugal Golden Visa Program.

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Journalist from Rio de Janeiro currently writing about Immigration in Montreal, Quebec. I'm passionate about culture, arts, communication and internet. And if you admire Canada as much as me and want to keep updated, this blog is the right place for you.