Chinese investment attracted by gold visas 21% drop in two, Turkish more than doubles – Observer



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Chinese investment in "gold" visas fell by 21% in the first half compared to the same period of 2017 to 168.9 million euros, while Turkish investments more than doubled, according to SEF data.

By nationality, at the end of June, China continued to top the list of residence permits for investment (ARI), with a total of 3,890 gold visas granted, followed by Brazil (561), South Africa (254), Turkey (224) and Russia (222).

However, in the first half of this year, Chinese investments amounted to 168.9 million euros, out of a total of 302 "golden". This represents a decrease of 21% compared to the same period of 2017, according to data from the Service of Foreigners and Borders (SEF) provided to Lusa.

In the first six months of 2017, the Chinese investment had been 215.1 378 € ARI.

Entr. and in 2013 and 2017, investments from China – the country with the highest number of AIR – amounted to € 2,060,879,791.06, out of a total of 3,588 visas for the year. gold which accounted for 60% Total investment in this program (€ 3.411.265.842,39 end of December)

In 2017, the Chinese investment amounted to 306.397.093.97 euros (538 visas), or a decrease of 37% from 487,492. By far the best year to attract China's investment was 2014, when the gold visa program raised € 710,996,841.80 (1 235 AR)

Turkey's investments accelerated at first half of this year, increasing by 176%, but at a level significantly below that of China, of 64 million euros (ARI 117).

In the first six investment in Turkey rose to 31.1 million euros

In turn, the Brazilian investment, which ranks second on the list of ARIs granted by nationality, decreased by almost half (47%) over the six-month period analyzed,

In the first six months of 2017, IRA 174 was allocated to Brazil, totaling 140.9 million investments.

Between 2013 and 2017, Brazilian investments amounted to € 400,252,098.21, with a total of 473 visas.

In 2017, Brazil accounted for 178,845,779.64 euros (226 Australian dollars) more than in 2016 (117,795,095 euros). 93 euros, corresponding to 142 ARI), and was considered the best year to attract Brazilian investment to Portugal.

With regard to South Africa, investment fell by 42% to 19.8 million euros in the semester (36 visas).

ARI's best year of South African investment was 2017, with 81 visas and more than 50 million euros.

In turn, the investment raised across Russia fell by 27% in the first half to 17.6 million euros (27 ARI), which compares with 24.4 million. € 39 (30 visas) granted in the first six months of 2017.

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