Application volumes and processing speeds are holding up remarkably well for the program, despite widespread immigration office closures and a global pandemic.
The April statistical release from the Portuguese Borders and Immigration Service (SEF) show 53 main applicants (along with 93 of their family members) obtained golden visas in Portugal during the month no the back of investments amounting to some EUR 28 million. While noticeably lower than the 70 cases approved in February, the April number came within two applications of matching the figure for March (55) and actually surpassed it by EUR 800,000 in terms of total capital investment.
Raising any capital at all during a state of emergency is a commendable achievement in itself; bringing in investments amounting to almost 60% of its monthly average over the last 12 months, a herculean one.