The investment resulting from the Residence Permit for the Investment Activity (ARI), as gold visas are also known, fell 29% in January, compared to the same month of 2017, to 99.2 million euros.
According to data from the Foreigners and Borders Service (SEF), the investment captured in January amounted to 99,169,840.74 euros, down 29.9% year-on-year (141,250,454.23 euros). For December, when the investment totaled 30,403,224.21 euros, the investment more than tripled (226%). Of the total amount raised last month, most continue to come from the acquisition of real estate (€ 90,038,633.75), while the transfer of capital amounted to € 9,131,206.99, writes Lusa.
It should be noted that in January, 164 gold visas were granted, of which 154 were granted through the acquisition of real estate. Of the total of the latter, 19 were granted through the purchase of real estate for urban rehabilitation. The capital transfer, in turn, was responsible for the allocation of nine visas and the criterion of the creation of at least 10 jobs, granted an ARI.