As a popular mainstream European property investment immigration program, the Portugal Golden Residence Permit Program has been highly sought after by investors from countries such as China, Brazil, and Russia since its launch. According to insiders at the Portugal Immigration Bureau, as of the end of September this year, there have been over 1,000 applicants, with the largest number coming from China.
The Portugal Golden Residence Permit Program stipulates that the main applicant can purchase property worth no less than 500,000 Euros to achieve a true "one application, three generations benefit, whole family immigration" (main applicant, spouse, minor children, and the parents of both the applicant and spouse). After 5 years, one can apply for permanent residency, and after 6 years, one can apply for citizenship.
In addition to obtaining "status" in the EU Schengen Area for the whole family, the property purchased in Portugal has high appreciation potential. Data shows that in 2012, commercial real estate investment in Portugal fell by 50%, and residential real estate investment fell by 38%. However, with the overall economic recovery in Europe, the Portuguese property market has shown signs of warming up. It is reported that if investors do not reside in Portugal frequently after purchasing property, the rental income is also quite substantial. Portugal ranks in the top three among European citizens' choices for property purchase and vacation destinations, resulting in high rental demand.
It is precisely because of the dual benefits of immigration and investment in Portugal that many non-EU investors have chosen Portugal. As the first immigration agency in the industry to promote the Portugal Golden Residence Permit Program, Worldway has established strategic partnerships with top real estate developers in major cities such as Lisbon and Faro, Portugal. We possess a wide range of boutique golf resort villas, high-end sea-view villas, hillside villas, and luxury apartments created by master designers and top Portuguese developers. With pleasant surrounding scenery and complete property facilities, we can provide the most comprehensive property resources for Chinese investment immigration clients.
