As of the end of August, the latest news regarding Portugal property investment immigration indicates that the Portuguese government has issued "Golden Residence" visas to 145 individuals, attracting over 90 million euros in investment in less than a year. China, Russia, and Angola currently top the list of Golden Residence visa holders.
Since the launch of the 500,000 euro property investment "Golden Residence Program" at the end of last year, Portugal has become a convenient pathway for Chinese nationals to obtain freedom of movement within the Schengen Area and an EU passport. As the leading institution to pioneer European investment immigration in China, Worldway, together with the then-Portuguese Ambassador to China, jointly announced the official launch of the Portugal Golden Residence Program in China, which immediately ignited the enthusiasm of Chinese nationals for investment immigration to Portugal.
The Portugal Golden Residence Program holds significant advantages among numerous European immigration projects. Worldway experts believe that in Portugal, non-EU citizens who invest 500,000 euros in real estate qualify as applicants and can immediately obtain the right to travel freely across the 26 Schengen countries. Furthermore, the property owned is freehold, truly enabling one application to cover three generations of immigration. It is particularly noteworthy that the requirements for the Golden Residence Program are very simple: applicants do not need to attend immigration interviews, nor are there requirements for management experience, language proficiency, or academic qualifications. Additionally, there is no need to provide proof of assets or explain the source of funds. Investors only need to purchase real estate worth 500,000 euros, and the main applicant, their spouse, and children under 18 can obtain a 5-year residence permit in Portugal within two months. By meeting the requirement of an average stay of 7 days per year for 5 years, permanent residency can be obtained, and citizenship can be applied for after 6 years.
As an overseas investment, Worldway experts emphasize that now is an optimal time to enter the Portuguese real estate market. This is because Portugal's living environment ranks among the best in Europe, while property prices are among the lowest in the entire continent. Buying at this low price point offers significant future appreciation potential, allowing for the dual goals of international asset allocation and obtaining Portuguese residency for the whole family.
