Golden Visa chasers helped pump €3.9 billion into Portugal
Banco de Portugal data analyzed by RE/MAX Europe found that half of foreign direct investment (FDI) flowing into Portugal last year came from real estate purchases, amounting to €3.9 billion.
This was undoubtedly aided by the Golden Visa, a scheme that allowed foreign nationals to take up residency, and eventually citizenship, in the country if they invested in property to the value of around €250,000.