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79% of the "Golden Visa" granted in Portugal was to the Chinese

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According to a specialized consultant research, the demand for "golden visa" will be higher this year, especially by people from China, Angola, Russia and France. In 2013, 519 "golden visa" was granted for Chinese people, representing 361 million euros of foreign investment into Portugal's economy. From the other 21%, also Russians (5%), brazilians and angolans (3% each), south-americans (2%), pakistanis and libanese (1%) are on the top sev...

Date: 2014-02-18 Read more

"Golden Visa" represents about 270 millions on Real Estate office

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The Real estate industry, during 2013, was pointed out for it's 270 million euros invested in the craving of the "Golden Visa", mainly on realty, while other 300 million was earned in a solely comercial market, according a consultant. In statements made by the Lusa agency, the general-manager of the Jones Lang Lasalle, Pedro Lancastre, had the necessity of 270 million euros, regarding 400 "Golden Visa". "It was the...

Date: 2014-01-16 Read more

Passport for Spain for 500.000 €

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The Government is confident the law that provides residence permit to investors can stimulates luxury sales. Among the potential buyers are the rich Chinese. Three months after the Law of the Entrepreneurs came into force, it opened doors to foreigners to get a Golden Visa and a residence permit in return for house purchase for at least 500,000 EUR. The Law 14/2013, of 28 September, provides residence permits as a new formula to “attract...

Date: 2013-12-21 Read more

Golden Visa puts Spain on the map of Chinese buyers

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Spain is not only nice weather and football for the Chinese. It is also a new gateway to Europe, a destination to buy home and see their children grow up or a more profitable investment. The reason: the Golden Visa. The new law passed in September by the Spanish Government grants a Golden Visa, residence permit for two years for an investment of at least 500,000 EUR, among other assumptions, such as the purchase of public debt, placing Spain o...

Date: 2013-10-30 Read more

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