Portugal has granted 471 'golden visas' representing sales of €306 million, according to the Office of the Deputy Prime Minister, Paulo Portas. The share of this figure that goes to the treasury is a proportion of the property purchase tax.
Most visas were granted as the applicants purchased residential property, €272 million worth, with the Chinese continuing to lead the list of foreigners receiving the golden tax free key to Europe, followed by Russians, Brazilians, Angolans and South Africans.