The Portuguese Immigration Services (SEF) have released the statistics of the Golden Visa programme up to the end of November 2017. These latest numbers show that the total investment brought by the programme is over 3.38 bn Euro.
According to these statistics, there were a total of 5,505 investors and 9,212 family members approved up to the end of November 2017, with the vast majority of investors still selecting property as their qualifying investment.
The current government has decided to widen the scope of qualifying investments and the corresponding changes to the General Immigration Law have just come into force. As a result, it is expected that the number of applications will continue to grow in the coming times.
sábado, 23 de dezembro de 2017
terça-feira, 12 de setembro de 2017
New locations for SEF appointments
Following the information we at EDGE received recently directly from the Portuguese Government, the Immigration Services - SEF - have just released the regional offices that will be accepting residency and renewal applications regardless of the location of the investment.
The new locations released today are the following:
- Porto
This measure has been implemented in order to improve the efficiency of the services and the time frames for the submission of applications, which had been experiencing difficulties in recent times. Prior to this measure, it was mandatory that the submission of residency and renewal applications took place in the SEF office of the location of the investment.
The Government has also announced that it has been studying and implementing new measures to improve the overall efficiency of the programme. One of these measures is the set up of an electronic payment system, which will facilitate and expedite dramatically the system for payment of the administrative fees and consequently reduce the time for the issuing of the residency cards.
We at EDGE were selected to be part of the trial period and we are proud to be have been able to contribute to this new system that has now been formally been made available to anyone in the Golden Visa programme.
Please do not hesitate to contact us if you have any questions on the above.
The new locations released today are the following:
- Evora;
- Santarem
- Vila Real
- Viana do Castelo
- Figueira da Foz
- Coimbra
- Guarda
- Viseu
- Faro
- Tavira
- Portimao
This measure has been implemented in order to improve the efficiency of the services and the time frames for the submission of applications, which had been experiencing difficulties in recent times. Prior to this measure, it was mandatory that the submission of residency and renewal applications took place in the SEF office of the location of the investment.
The Government has also announced that it has been studying and implementing new measures to improve the overall efficiency of the programme. One of these measures is the set up of an electronic payment system, which will facilitate and expedite dramatically the system for payment of the administrative fees and consequently reduce the time for the issuing of the residency cards.
We at EDGE were selected to be part of the trial period and we are proud to be have been able to contribute to this new system that has now been formally been made available to anyone in the Golden Visa programme.
Please do not hesitate to contact us if you have any questions on the above.
sexta-feira, 2 de junho de 2017
Portugal is 3rd safest country in the world
The Global Peace Index published by the Institute for Economics and Peace, which evaluates and ranks countries in terms of security and peace, has placed Portugal in the 3rd place on the World's Safest and most Peaceful Countries. The complete index report shows that Portugal as climbed two places from last year and is now in the top 3 of the safest countries in the world together with Iceland and New Zealand.
According to the report "Europe remains the most peaceful region in the world, with eight of the ten most peaceful countries coming from this region", which also means that Portugal has become the 2nd most peaceful country in Europe, leading from countries such as Austria, Denmark, Germany and Spain.
Also, the report confirms the impressive improvement in Portugal's ranking in just the last five years:"Portugal moved to third position, its highest ranking since the inception of the index, a notable improvement given that it was ranked 16th less than five years ago. Portugal has improved on 12 of the 23 GPI indicators, most notably on weapons imports and violent demonstrations."
This report only comes to reinforce that Portugal has become one of the most attractive countries in the world for foreign investors and their families.
According to the report "Europe remains the most peaceful region in the world, with eight of the ten most peaceful countries coming from this region", which also means that Portugal has become the 2nd most peaceful country in Europe, leading from countries such as Austria, Denmark, Germany and Spain.
Also, the report confirms the impressive improvement in Portugal's ranking in just the last five years:"Portugal moved to third position, its highest ranking since the inception of the index, a notable improvement given that it was ranked 16th less than five years ago. Portugal has improved on 12 of the 23 GPI indicators, most notably on weapons imports and violent demonstrations."
This report only comes to reinforce that Portugal has become one of the most attractive countries in the world for foreign investors and their families.
segunda-feira, 22 de maio de 2017
Golden Visa - Statistics April 2017
The Portuguese Immigration Services (SEF) have released the statistics of the Golden Visa programme up to the end of April 2017. These latest numbers show that the total investment brought by the programme has now passed 3 bn Euro.
According to these statistics, there were a total of 5,003 investors and 8,130 family members approved up to the end of April 2017, with the vast majority of investors still selecting property as their qualifying investment.
It is important to note that just in 2017 alone there were already over 801 investors approved, which is a clear indication of the strength of the programme and its continuing success among international investors looking for residency and citizenship solutions.
According to these statistics, there were a total of 5,003 investors and 8,130 family members approved up to the end of April 2017, with the vast majority of investors still selecting property as their qualifying investment.
It is important to note that just in 2017 alone there were already over 801 investors approved, which is a clear indication of the strength of the programme and its continuing success among international investors looking for residency and citizenship solutions.
sexta-feira, 19 de maio de 2017
Portuguese Government announces new Golden Visa investment options
The Portuguese Government has announced a new bill to promote investment in local companies, which will include including three changes to the
Golden Visa programme.
In accordance with the announcement of 18th May, the Government is aware that currently 99% of Golden Visa applicants has selected property as qualifying investment and consequently the new measures that will be put in place are aimed at diversifying the investment types, with a special emphasis on investment in Portuguese companies and national entrepreneurship.
The need to capitalize and promote in Portuguese small and medium-sized companies, which are the great engine of our economy, may not imply large financial investments but can be decisive not only for the economic recovery of such companies, but also for the establishment and incorporation of
new companies, stressed the Minister of Internal Affairs, Ms Constanca Urbano de Sousa.
According to the new measures, it will be possible to
obtain a residency permit for applicants who make business investments of at
least 200,000 Euro in companies facing a difficult economic situation with
a recovery plan in place.
It will also be possible to apply with an investment of 350,000 Euro in the incorporation of new companies or in the strengthening of the share capital of Portuguese companies provided that five permanent jobs are created or
maintained.
The third change announced by the Portuguese Government is the reduction from 500,000 Euro to 350,000 Euro of the investment in funds
aimed at capitalization of Portuguese companies.
The specific details of these changes will now be published in the Official Gazette and are expected to come into force soon. Our team at EDGE International Lawyers will advise and inform once these changes are officially published.
Sources:
terça-feira, 31 de janeiro de 2017
Golden Visa Portugal - Statistics End of year 2016
The Portuguese Immigration Services (SEF) have released the statistics of the Golden Visa programme up to the end of 2016. These latest numbers show that the total investment brought by the programme was over 2.5 bn Euro, which is a very relevant amount for Portugal.
According to these statistics, there were a total of 4,202 investors and 6,637 family members approved up to the end of 2016, with the vast majority of investors choosing property as their qualifying investment.
These numbers also show and confirm the significant improvement of the programme in comparison with the difficult year of 2015 as the number of approved investors has doubled from the previous year.
The Golden Visa programme is still the most attractive in Europe and clearly one of the best investor residency programmes in the world.
According to these statistics, there were a total of 4,202 investors and 6,637 family members approved up to the end of 2016, with the vast majority of investors choosing property as their qualifying investment.
These numbers also show and confirm the significant improvement of the programme in comparison with the difficult year of 2015 as the number of approved investors has doubled from the previous year.
The Golden Visa programme is still the most attractive in Europe and clearly one of the best investor residency programmes in the world.
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