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Golden Visas capture 1000 million of foreign investment until September


According to information provided by the Portuguese Confederation of Construction and Real Estate (CPCI) on 2nd October, the latest official figures of Golden Visas, for September, show a total of € 950 million raised by this program, of which 91%, or 864 million euros, relate to the purchase of real estate. 

By nationalities, China represents 80% of the permits granted. 

The Confederation highlighted the nee...

Date: 2014-10-11 Read more

The Portuguese government earned 817 million euros with the golden visas


The Chinese lead the applications, with 1101 visas out of total of 1360. In 2014 twice as many permits were granted in 2013. 

Since the program was launched in 2012, 1360 licenses were granted to foreigners with the natives of China lead the requests, followed by Russians (43) and Brazilians (38). And the order of the golden visas do not necessarily correspond to the ones that invest more. In this domain, the ones that buy more ...

Date: 2014-08-25 Read more

A Chinese company now controls Campofrío


Chinese company Shuanghui International Holdings reached an agreement with Smithfield Foods to acquire a stake of 36.99% in the Spanish company Campofrío, of which it is the main shareholder. After the acquisition became public, Campofrío’s shares rose more than 10%. However, CNMV suspended trading Thursday at 8:30 a.m.

With the agreement, the Chinese food processor will pay the shareholders of Smithfield Foods 34...

Date: 2014-05-30 Read more

Portuguese Government granted 208 "golden visa" during January and February


Portugal's vice-prime minister, Paulo Portas, stated that Portuguese Government gave away 208 "gold visa", making a total of 108 million euros of received investment in the first two months of 2013. The total amount of investment in between January and February represented an average of a 54 million euros every month. At this rate, Portugal's government can accurately preview its 500 million euros to 2014, after last year's total ...

Date: 2014-03-06 Read more

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