The residence permit program (ARI) for investment activities, best known for visas “gold”, recorded a volume of foreign investment in April 82 million, totaling 313 million in the first four months of this year, or is, 45% more than in the same period last year, reveals the Portuguese Confederation of Construction and Real Estate (CPCI).
this means that from the start of the program in the end of 2012, this scheme to encourage foreign investment has managed to surpass the two billion euro (2,007 million).
“These are encouraging data and that substantiate a positive expectation for the coming months, it is essential to stabilize confidence levels and feed a growth vector of the investment that has resulted in a great asset, not only for the construction and real estate, but also for the broader economy, which is taking advantage of the interest of these investors in our country “, considers the President of CPCI in a statement.
for Reis Campos, “this program is a clear demonstration that Portugal has a very high intrinsic competitiveness, and that is with well-designed incentives, promotion of investor confidence and regulatory and fiscal stability that can attract more and better investment, which is precisely what we most need to stabilize, ultimately, the economy and employment “, concludes the organization leader.
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