Investment in gold keeps strong growth seen until July – Jornal de Negócios – Portugal

Investment picked up by visa ‘gold’ more than doubled (132%) in the first seven months of the year compared to the same period of 2015 to EUR 571 million, according to the Foreigners and Borders Service (SEF).

Between January and July this year, the investment by the Residence permits for investment activity (ARI) amounted to 571,511,345.63 euros, which compares with the 246,536,441.59 euros in the same period last year.

According to statistics from the SEF, in July were raised 61,552,086 euros through the visa ‘gold’, 38% less than in June (98,893,760 euros), of which 60,552,086 euros resulting from the purchase of land and 1,000,000 euros by transferring capital.

in the past month have been allocated 106 visas, of which 104 for the purchase of real estate, one by transfer of capital and the other by creating, by least 10 jobs.

With regard to the acquisition of properties, SEF says that one of them was assigned by the property purchase requirement whose construction has been completed for at least 30 years or located in urban regeneration area, with completion of rehabilitation works of real estate acquired in the total amount not less than 350,000 euros.

This is the first seen ‘gold’ allocated according to the new rules, which came into force on September 3 last year

In cumulative terms. – Since visas started be attributed to October 08, 2012, until last July – the total investment raised through the ARI reached 2,264,243,970.15 euros, of which 2,045,685,721.67 euros in acquisition of property and 218,558,248.48 . euros by transferring capital

Since seen ‘gold’ entered into force were assigned 3,715 ARI: two in 2012; 494 in 2013; 1,526 in 2014; 766 in 2015 and 927 by July.

In cumulative terms, since its establishment until the end of July, was granted 3,509 visas by the requirement of the acquisition of property, 200 for transfer of capital and six for the creation of at least 10 jobs.

China leads the assigned ARI list (2,790 by July, followed by Brazil (188), Russia (132), South Africa (117) and Lebanon (58).

the new rules for obtaining visas ‘gold’, extending the investment criteria for citizens outside the European Union to areas such as urban rehabilitation and science, among others, entered into force on 3 September 2015.

by July, were awarded 1,428 Residence permits the regrouped family.

last year, the resulting investment visa ‘gold’ fell by half, from 2014 to about EUR 466 million .