248 Chinese and 15 Russians became holders of Portuguese Golden Visas

248 Chinese and 15 Russians became holders of Portuguese Golden Visas

Since the beginning of the program, Portuguese residence permit has been granted to 318 buyers of expensive real estate: 248 to citizens of China, 15 - Russia, 9 - Brazil and 9 - Angola, according to ee24.com citing propertyshowrooms.com. Since the beginning of the year, Portugal has managed to attract €198 million.

According to the Portuguese Foreign Ministry, it's expected to grant 400 golden visas this year.

Let us recall: in order to obtain a residence permit one has to buy real estate in Portugal in the amount of more than €500 thousand. It is also possible to invest more than €1 million or create at least 10 jobs. Also you can read the article about it.