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Portugal attracted a record-breaking number of tourists last year—up 19% from 2022 to over 18 million. Tourism is one of the economy’s key pillars, accounting for nearly 15% of its GDP.
Antonio Leitao Amaro said the scheme - called a "solidarity visa" - would complement an existing programme, which since 2012 has offered non-EU nationals who invest in Portugal the right to live ...
The scheme began in 2012. [6] [7] By 2024, the country has received 7.3 billion euros of funds through the program.[8]In August 2019, according to SEF, Chinese investment in Portugal under the scheme was down during the first eight months of 2019 a decrease of 15.7 percent from the same period of 2018.
[154] [155] [156] Regarding the Golden Visa program, initiated in 2012, was officially terminated in October 2023 due to the Mais Habitação program, and new applications are no longer being accepted. The decision to end the program, aimed at foreigners purchasing real estate, was influenced by the escalating housing prices.
Golden Visa chasers helped pump $4.2 billion into Portugal last year—scrapping the scheme probably won’t help locals get on the housing ladder Ryan Hogg May 1, 2024 at 8:03 AM
As of 16 July 2024, the Singaporean passport offers holders visa-free or visa-on-arrival access to a total of 195 countries [23] and territories, [24] followed by the Japanese, French, German, Italian, and Spanish passports offer holders visa-free or visa-on-arrival access to a total of 192 countries followed by the Austrian, Finnish, Irish ...
It's also popular among South Americans and Chinese nationals: In the 10 years leading up to 2023, the number of foreign residents in Portugal grew 40%, to well over half a million people, with ...
The EB-5 visa program, which is also called as the Golden Visa program, requires applicants to invest between US$900,000 and US$1.8 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved. [41] [42] There is an annual cap of 10,000 applications under the EB-5 program. [43]
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