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Portugal Residence-by-Investment program updates

Portugal’s Golden Visa Program has achieved significant success in its first two years of operation. The Portuguese Vice-Prime Minister, Paulo Portas, says the program has already exceeded the objectives set down by the Government in its first two years, “In 2013 it achieved around €300M, which was 50% over the objectives that I had outlined in Parliament, and in 2014, with still a quarter to go, it has exceeded the €500M target by far," he says.