Portugal Golden Visa Statistics – January 2021 update

Portugal’s Golden Visa Program —  also known as the Residence Permit Program —  is a five-year residency-by-investment scheme for non-EU nationals. The scheme grants qualifying investors and their family members the right to live, work and study in Portugal and permits free movement in Europe’s Schengen Area. To date, Portugal Golden Visa statistics show the program to be extremely popular among investors.

This article provides a comprehensive overview of Portugal Golden Visa data and statistics, showcasing just how international and renowned the scheme is among non-EU citizens. 

Portugal Golden Visa numbers for December 2020

  • In December 2020, 49 residence permits were authorized by SEF
  • In December 2020, 14 permits were issued to people with Chinese nationality.
  • A total of 85 family members were rewarded with residence permits.
  • Portugal’s Golden Visa Program saw a whopping €27 737 718,69  in December with investments.

Interestingly, the Portugal Golden Visa €350K renovations option is becoming more and more popular, with 26% of investors choosing this option in 2020. Meanwhile, the €350K Venture Capital/Investment Fund option is also proving popular, particularly in the face of Portugal Golden Visa changes, which will block investors from buying a property in urban cities like Lisbon and Porto from the 1st of July 2021.  While buying a €500K property continues to hold esteem, it’s predicted that other investment routes will grow in popularity, particularly the Portugal investment fund golden visa option.

Interested to know more about the investment routes the Portugal Golden Visa offers? Check out our guide on how to invest in Portugal for citizenship. 

Portugal Golden Visa All Time Facts and Statistics

  • Since October 2012, over €5 638 983 295,75  in funds was invested for the Portugal Golden Visa.
  • Since October 2020, €5 097 828 071,87 was attributed to a real estate investment
  • 9389 investors and 16050 family members have benefited from the Portugal Golden Visa.
  • 8829, 90% of Golden Visa Portugal applications, were done through a real estate investment.
  • 543 Golden Visa were granted for Capital Transfer investors
  • A Portuguese passport grants you visa-free travel to 185 countries.
  • As of 2018, in terms of top residency-by-investment programs, Portugal is positioned 6th in the world, second only to Spain and Quebec.
  • While the Chinese remain the largest single applicant cohort, their share of the program is decreasing as other nationalities are applying for the program too.

Portugal Golden Visa data related to the program

  • The minimum age to apply for the Golden Visa is 18 years old
  • To apply for Portuguese citizenship via the Golden Visa, the person must hold their investment for five years at least
  • 7 days on average is the minimum stay that the applicant must spend in Portugal to maintain the Golden Visa in the first year, followed by 14 days in the subsequent years (consecutively or non-consecutively) in Portugal.
  • 20% is the value of the reduced tax rate for those who participate in the Non-Habitual Resident Tax Regime.
  • 26 is the number of European countries belonging to the Schengen Zone to which the Golden Visa holder receives free access
  • 90 days is the maximum processing time for the Portugal Golden Visa

Portugal Golden Visa data related to cost

Investment requirements for the Portugal Golden Visa:

  • € 250,000  minimum investment in national heritage, arts, and culture
  • € 280,000 minimum investment amount for properties over 30 years old, scheduled for rehabilitation or in low-density areas
  • € 350,000 minimum amount of investment required in research, investment funds, existing businesses or real estate (over 30 years old and scheduled for rehabilitation in urban areas)
  • € 400,000 minimum investment in real estate in low-density areas
  • € 500,000 minimum investment in new properties in urban areas. Note, that from 1 July 2021, investors will no longer be able to buy €500K properties in urban cities of Portugal like Porto, Lisbon, and the coastal areas of the Algarve. This is thanks to new legislation, which seeks to diversify golden visa investments, encouraging investors to seek other investment routes to residency.
  • € 1,000,000  minimum amount of capital transfer to Portugal to qualify for the Golden Visa program
  • 10 is the number of jobs the investor must generate to qualify for the Golden Visa through the creation of a business.

Portugal ranking statistics

  • Portugal is ranked first as the best country in Europe for expats
  • Ranked number one in the world for its best master’s degree in information management
  • Ranked number one as the best travel destination in Europe
  • Ranked 3rd as the safest country  in Europe
  • Portugal ranks 4th in terms of its passport benefits for nomads and global citizens
  • Portugal is in fifth place as the world’s most powerful passport, alongside Austria and the Netherlands
  • Portugal is ranked 6th in terms of being one of the cheapest countries in Europe
  • Portugal is ranked 9th in terms of the country with the lowest organized crimes
  • Portugal comes in 10th place in the ranking of the world’s best democracies
  • Portugal is ranked as 11th in terms of being one of the largest exclusive economic zones in the world
  • Ranked as 12th for having the best healthcare system in the world
  • Ranked 17th in terms of the quality of life it provides to its residents
  • Ranked 21st in terms of its infrastructure quality
  • Portugal ranks in 21st place for its life expectancy standards
  • Portugal comes in 27th place for its quality of education
  • Portugal comes in 28th place for its institutional transparency

Portugal socio-economic facts

  • Population of 10.6 million people as of 2019
  • Active population of 5.2 million based in Portugal
  • There are 1.4 million youths in Portugal (under 15 years old)
  • There are 6.6 million people in Portugal between the ages of 15 and 64 years old
  • Over 2.2 million  people in Portugal are elderly (over 64 years)
  • The number of companies that opened in Portugal in 2019 are 47489
  • As of August 2020, Portugal’s GDP stands at USD 240.7
  • In 2018, Portugal’s GDP per capita stands at USD 23,407.91
  • Portugal has an unemployment rate of 6.5%
  • € 600 is the minimum wage in Portugal
  • The demographic density of Portugal is  115.4 inhabitants / km ²

Portugal geographical facts

  • 92212 km² is the total extension of Portugal
  • 6.3 million kilometers is the length of the coast of Portugal
  • +3 hours is the time zone in relation to Brasília
  • 276 is the number of sunny days in Portugal, considered one of the sunniest countries in the world
  • 7 is the number of regions in Portugal
  • 18 is the number of districts in Portugal, in addition to 2 autonomous regions
  • 308 is the number of municipalities in Portugal
  • 3092 is the number of parishes in Portugal.

Portugal structure statistics

  • 3100 kilometers is the length of the highways in Portugal
  • 2600 kilometers is the length of the railways in Portugal
  • 10 is the number of airports in Portugal
  • 14 is the number of ports in Portugal
  • 5735 is the number of educational establishments in Portugal
  • 225 is the number of hospitals in Portugal.
  • 3% is the mortality rate in Portugal during the coronavirus pandemic. As a result, it was the first country to receive a safe travel status, a seal that guarantees security for tourists visiting the country.

Learn more about the Portugal Golden Visa

Intrigued about the Portugal Golden Visa scheme but are unsure where to start?

Check out our helpful Ultimate Guide to the Portugal Golden Visa

How Global Citizen Solutions can assist

Global Citizen Solutions is a boutique consultancy firm with years of experience delivering bespoke residence and citizenship-by-investment solutions for international families. 

With offices worldwide and an experienced, hands-on team, we help clients from around the world acquire Portugal Golden Visas or homes while diversifying their portfolio with robust investments.

If you have a question related to Portugal Golden Visa facts, speak to one of our consultants so we can understand your objectives and help you move forward onto a path of success. 

Golden Visa 2020 statistics sources

  1. Strategy and Studies Office (Ministry of Economy)
  2. National Institute of Statistics
  3. Your Search
  4. Pordata
  5. Government of Portugal
  6. Executive Digest
  7. Global Piece Index
  8. Big Mac Index
  9. Statisa
  10. US News
  11. Expat Insider
  12. Portugal’s bank
  13. Doing Business
  14. Eduniversal Rankings
  15. World Health Organization
  16. Liberal Democracies Index
  17. TravelBI
  18. The Global Competitiveness Report
  19. World Travel Awards
  20. Investment Migration Insider

 

Frequently asked questions about Portugal Golden Visa statistics

How many people have applied for the Portugal Golden Visa since the program started?

Since 2012, over 9,389 residence permits were awarded to foreign investors, with 16050 family members enjoying Golden Visa family benefits.

What country has invested the most in the Portugal Golden Visa?

According to Portugal Golden Visa statistics obtained from Portugal SEF, China remains the main country in which residence permits are granted, with over 4764 residence permits awarded to date.

According to Portugal Golden Visa data, what's the most popular investment option?

Buying a €500K property continues to be the main investment route applicants take for the Portugal Golden Visa, with roughly 90% of all investments originating from the real estate investment option. However, this is set to change, since Portugal has recently announced that from 1 July 2021, investors will no longer be able to buy €500K properties in urban centers of Portugal, like Lisbon or Porto for example.

Industry experts predict that this new legislation will diversify investors choices, prompting more to apply for other investment routes like investing in golden visa investment funds.