Investment raised through golden visas almost tripled (192 percent) in May, compared to the same month of 2019, to €146 million, according to statistics from the Foreigners and Borders Service (SEF).
Last month, the total investment resulting from the granting of Residence Authorisation for Investment (ARI) reached €146,168,473.40, which represents an increase of 192 percent compared to the €50 million recorded in May 2019.
May recorded the highest monthly investment amount raised since March 2017, when €192.4 million were raised in ARI. In relation to April (€28 million), the investment raised more than quintupled (421 percent).
In the first five months of the year, the total investment raised through golden visas totaled €293,903,059.01, 1.7 percent less than a year earlier. Between January and May, 529 golden visas were issued, of which more than half last month.
