According to comprehensive news from WorldWay: On December 3, the well-known Chinese group Fosun International confirmed its plan to acquire Portugal's NOVO BANCO, proposing an initial acquisition price of 3.5 billion euros. This year, Fosun International has already acquired Portugal's largest insurance company—Fidelidade, and then acquired Espírito Santo Saúde (now renamed Luz Saúde). Experts predict that if Fosun International successfully acquires NOVO BANCO, it will become one of the largest international investors in Portugal.
According to the latest data from the Portuguese national database, NOVO BANCO currently has assets of 72.5 billion euros, holding an 18% market share, making it the third-largest financial institution in Portugal, after CGD and BCP. In addition, Fosun International is also expected to acquire the globally renowned brand Club Mediterranee.
As the new wealthy class in China accelerates the development of the tourism industry, Fosun International needs to leverage a well-known brand to expand its WorldWay and become a leader in the global tourism industry. The highly regarded Portuguese real estate investment immigration program is also attracting global attention. The Portuguese real estate immigration program encompasses numerous investment advantages, with low application requirements, low investment thresholds, quick access to a European passport, national treatment, one investment benefiting three generations, permanent ownership, and suitability for citizenship, among others.
As a leading institution in European investment immigration, WorldWay was the first to introduce the Portuguese real estate immigration program to the domestic market and has been deeply engaged in it. In 2013, we launched the "Golden Residence Permit" program in China in collaboration with the Portuguese ambassador, receiving friendly meetings with the President of Portugal and several high-level government officials, and the highest courtesy of official meetings with European government representatives. In 2014, to assist investors in better processing European immigration and resolving European property matters, WorldWay established a European customer service center in Portugal, becoming the only Chinese immigration agency to establish an independent branch in Portugal.
For authoritative and professional investment and immigration services in Portugal, only WorldWay can provide them. WorldWay's domestic investment immigration hotline is 400-138-2929.
Edited by WorldWay
