
SEF: Accelerating its approval of applications
Due to the popularity of the GRPP over the last two years, and a few administrative and political hiccups in Portugal, there has been a massive backlog of applications stretching back to 2015.
The good news? SEF has confirmed that new applications should take around six months to approve. This is great news for anyone interested in taking advantage of this residence by investment programme.
It is important to note that Golden Visa Portugal is not able to influence these timelines, SEF has full control over this. Portuguese immigration authorities have, however, assured us that they will do their utmost to ensure these time frames are not exceeded.
Encouraging signs
The delay in the approval of all the applications, due to the Immigration Office’s inability to handle the volume of requests, is now being dealt with efficiently.
Since the beginning of 2016, there has been a very positive increase in the number of approvals. This is largely in part to the creation of specific teams that handle pending applications and newly submitted applications.
Official data shows that 821 applications have been approved in 2016 alone, giving us very positive expectations regarding all pending applications. To further reinforce this, the approval numbers in June 2016 alone were higher than the total number of approvals in 2015.