Investment in gold visas decreased 43%.

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January registered a decrease in gold visa investment, falling to 43.4 million euros.
The Residence Permit for Investment Program (ARI) has seen a decline in investment during the month of December, 45% compared to the same period in the previous year, to 79.1 million euros. However, analyzing the month of January, compared to the same month in 2022, the value of investment fell to only 43%, leaving the value fixed at 43.3 million euros.
In January, the number of gold visas granted was 93, of which 75 occurred through the acquisition of real estate, 18 through capital transfers and 31 for urban rehabilitation. The acquisition of real estate was even the largest source of funding, which totaled 36.9 million euros during the first month of the year.
From the list of countries that have requested the most gold visas in Portugal, the United States is in first place, with 21 visas granted, and China is in second place, with 11.
After yesterday’s Council of Ministers dedicated to housing, the end of gold visas was announced, about which António Costa said: “As for the gold visas already granted (?) there will only be place for renewal if they are for the owner’s own and permanent residence and that of his descendant, or if the property is placed permanently on the rental market.

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