According to data from the Foreigners and Borders Service (SEF), compared to March (34.6 million euros), the investment raised through the Residence Authorization for Investment (ARI) program rose 72.5%. In April, 121 golden visas were granted (in January there were 94, in February also 94 and in March 73), of which 92 were for the acquisition of real estate (43 for urban rehabilitation) and 29 through the capital transfer criterion.
Last month, 26 golden visas were awarded to the United States, 15 to China, 13 to Turkey, 11 to India and eight to Brazil. In this period, 116 residence permits were granted to reunited family members, with a total of 393 for the year.
It is about time this corrupt method of buying Portuguese and EU Citizenship was outlawed. Money laundering is virtually legalised by this method with individuals acting for organised criminals using this gateway to secrete their illegal acquisitions. It isn't possible to buy citizenship in most non-EU countries so why is it allowed here?
By Russell Taylor from Other on 09 May 2022, 11:23