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Chinese are topping on applying for Golden Visas in Portugal
Brief:Investors, mainly from China, Russia, Brazil, Angola, South Africa, and India, are applying for Golden Visas in Portugal, with Chinese topping the chart by a big margin.

In Portugal, more than 330 visas were issued within one year of the scheme’s launch, fetching €225 million. In the first three weeks of January, 2014, Portugal granted a total of 49 fast-track golden visas and received investments of €27 million. Investors, mainly from China, Russia, Brazil, Angola, South Africa, and India, are applying for Golden Visas in Portugal, with Chinese topping the chart by a big margin. The investor has to retain the property in order to continue enjoying residency benefits.

Discontent with the current political set-up in China, the fall in real estate prices in Europe and the depreciation of the euro are some reasons behind growing Chinese interest in European property.
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