The Portuguese Immigration Services (SEF) have released the statistics of the Golden Visa programme up to 28th February 2018. These latest numbers show that the total investment directly arising from the programme is 3.6 bn Euro.
According to these latest statistics, there were a total of 5,876 investors and 9,861 family members approved by the end of February 2018. as to the investment types, the vast majority of investors selected property as their qualifying investment.
The recently implemented changes to the procedures around the submission and processing of residency applications have been proving to be very effective. The rate of approvals has increased and the waiting times for both initial applications and renewals has improved substantially, particularly for applications submitted in the Immigration Department's offices located outside of Lisbon.
Please contact us if you have any questions on these changes or if you need assistance with your initial application or renewal.
