Portugal Golden Visa Statistics – September 2022 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.

Important Note about Portugal Golden Visa Statistics in 2022

The Portugal Golden Visa Program has undergone some changes recently. Specifically, several investment routes to residency have changed, namely the popular real estate investment option in Portugal’s popular urban locations, as well as the minimum amounts required to invest in investment funds and capital transfer.

While experts predict this will impact Portugal Golden Visa data,  it remains yet to be seen just how exactly the numbers will change. Nevertheless, Portugal Golden Visa changes will certainly change the investment landscape in the country, diversifying investments to Portugal’s low-density locations and to its autonomous regions of the Azores and Madeira islands. For more information on what’s changed in relation to the real estate options, consult our guide on Portugal Golden Visa Low-Density Investment areas.

Check out the latest changes to the Portugal Golden Visa Program here.

New findings on the Portugal Golden Visa

Some key Portugal Golden Visa highlights from the Portuguese authorities’ latest findings include:

  • 90% of Portugal Golden Visas Issued in the first quarter of 2021 are through property investment with 205 out of 228 residency permits issued through a real estate investment.
  • The demand for the Portugal Golden Visa has skyrocketed in the first quarter of 2021, showing a positive correlation between the announcement of the Portugal Golden Visa changes and the surge in foreign investment.
  • The Chinese are leading in the investment in the Portugal Golden visa, with a 33% increase in investments compared to 2019.
  • Americans have invested 70% more in the Portugal Golden Visa compared to 2019.

Portugal Golden Visa numbers for August 2022

  • In August 2022, 77 residence permits were authorized by SEF. 64 authorized golden visas were for the real estate investment category, 13 permits were issued for the capital transfer investment option and 0 permits were issued for the job creation category.
  • In August 2022, 19 permits were issued to people of Chinese nationality.
  • A total of 125 family members were rewarded with residence permits.
  • Portugal’s Golden Visa Program saw a whopping €37 545 149,46  in August 2022 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 has blocked investors from buying a property in urban cities like Lisbon and Porto from January 2022, along with other investment route changes. 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 €6 497 529 571,45 in funds was invested for the Portugal Golden Visa.
  • Since October 2012, €5 830 483 944,06 was attributed to a real estate investment
  • 11 060 investors and 18 193 family members have benefited from the Portugal Golden Visa.
  • 10 222, 92% of Golden Visa Portugal applications, were done through a real estate investment.
  • 816 Golden Visas were granted for Capital Transfer investors
  • A Portuguese passport grants you visa-free travel to 172 countries.
  • In 2022, in terms of top residency-by-investment programs, Portugal is recognized for offering the best program in the world.
  • 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:

  • Applicants can only buy residential real estate in designated interior areas of Portugal worth at least €500,000 or €350,000 if investing in a rehabilitation project. If the residential property is located in a designated ‘low-density’ area, then a 20% discount applies.
  • Investors can purchase commercial real estate anywhere in the country worth at least €500,000 or €350,000 if investing in a commercial rehabilitation project. If the commercial property is located in a designated ‘low-density’ area, then a 20% discount applies.
  • Investors can buy residential and commercial real estate anywhere in Portugal’s autonomous islands of Madeira and Azores, worth at least €500,000 or €350,000 if investing in a rehabilitation project. 
  • The capital transfer requirement amount is €1,5 million.
  • The investment fund minimum subscription requirement is €500,000
  • An investment in scientific research of €500,000
  • An investment into an existing Portugal-registered business of €500,000
  • Arts donation of €250,000. 

Portugal ranking statistics

  • Portugal is ranked first as the best country in Europe for expats
  • 6th safest country in the world, according to the 2022 Global Peace Index
  • 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 5th 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 10.31 million people as of 2020
  • 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 2021 was more than 34,466, an 8.2% increase from the previous year
  • As of August 2020, Portugal’s GDP stands at USD 240.7
  • In 2020, Portugal’s GDP per capita stands at USD 231.3
  • Portugal has an unemployment rate of 6.5%
  • € 600 is the minimum wage in Portugal
  • The demographic density of Portugal is 115.4 inhabitants/km²

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.

Take a look at our Portugal Golden Visa Ultimate Guide by local experts

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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 2022 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
  21. 2022 Global Peace Index
  22. The World Bank
  23. Euractive

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 11,060 residence permits were awarded to foreign investors, with 18,193 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 5,109 residence permits awarded to date. As of June 2021, China is the leading force behind Portugal’s Golden Visa investments, with 44% being attributed to contributions already. This is supported by data published by Investment Migration Insider.

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 from January 2022, investors can no longer buy residential properties in urban centers of Portugal, like Lisbon or Porto for example. Other investment routes will also be altered or revoked.

Industry experts predict that this new legislation is going to diversify investors’ choices, prompting more to apply for other investment routes like investing in golden visa investment funds or investing in low-density areas of Portugal.