In October 2012, the Portuguese Ministry of Internal Affairs promulgated new immigration laws, allowing third-country nationals to immigrate to Portugal through real estate investment. The policy stipulates that applicants can purchase real estate worth 500,000 Euros in Portugal (which can be freely sold after 5 years), and after holding a valid residence permit for 6 years, they can apply for citizenship.
Immigrating to Portugal is not just about obtaining a national identity; it also grants access to various benefits of EU countries, including free healthcare, public pensions, and 12 years of free compulsory education for children, as well as free admission to public schools. Applicants, along with their spouses, children, and parents, can freely settle, conduct business, work, or study in any other Schengen Agreement country. "Compared to other European countries, Portugal's Golden Visa program offers excellent value for money, truly benefiting three generations with a single investment." The greatest attraction of the Portuguese real estate immigration program lies in the fact that by making a one-time purchase of a 500,000 Euro property, after obtaining residency in 5 years, the property can be sold for cash while retaining the residency status.
Portugal is a member of the European Union, and after holding a residence permit for six years, one can legally apply for citizenship, obtaining Portuguese nationality, which grants EU citizenship. This allows free settlement, work, business, study, and living in 31 countries, including the United Kingdom, France, Germany, and any other EU and European Economic Area countries, as well as Switzerland. This effectively turns 31 countries into 31 provinces; metaphorically speaking, 1=31. After obtaining citizenship, children will have the freedom to develop across the entire EU and European Economic Area in the future.
Applicants for immigration to Portugal can also purchase multiple properties; in addition to residential properties, purchasing commercial properties is also recognized. The demographic composition in Portugal is simple, with not many foreign immigrants, and the political situation is relatively stable. The economy is recovering well, and the banking system is robust, with significant development potential. Chinese individuals integrate well in the country, and currently, property prices are attracting not only Chinese buyers but also many French and German families who purchased homes in the coastal city of Cascais as vacation investments in 2013: Portugal is well-known in Europe as a traditional Atlantic vacation area, and during economic crises and recoveries, Europeans tend to choose properties that guarantee long-term stable returns for investors.
As a Chinese immigration agency that jointly launched the "Golden Residence Program" with the then Portuguese Ambassador to China, Worldway has established good relationships with the Portuguese government and top developers. In June last year, during a visit to Portugal by senior executives of Worldway Group, they were warmly received by the President of Portugal, becoming the only immigration agency representative in the country to receive such high-level treatment.
President of Portugal, Mr. Cavaco·Mr. Silva and Worldway President Dr. Winner Xing in a friendly photo together
