According to comprehensive news from WorldWay, for the wealthy class in China, buying property abroad is no longer news. What they are now more concerned about is which country to go to, what type of property to buy, and which investment offers the best returns. The immigration policies of various European countries that allow residency through simple property purchases have attracted many Chinese investors due to their advantages of combining investment and immigration, as well as the significant potential for property appreciation in the future.
Taking Portugal, the most popular country for property investment immigration in Europe, as an example, its "Golden Residence Permit Program" stipulates that investors only need to purchase property worth no less than 50 thousand euros to quickly obtain immigration status. They must stay for a total of 7 days in the first year within the Schengen countries, including Portugal, and then stay for 14 days in each of the following two years. After five years, they can apply for a five-year permanent residence card in the Schengen area for the whole family (including parents, children, and even the parents of the spouse), and in the sixth year, they can apply for citizenship, enjoying the same benefits as Portuguese citizens.
According to data released by Portugal, as of May 5, 2014, a total of 894 foreign families obtained Portuguese residence permits through the above Golden Residence Permit Program, and more than 2000 families have successfully purchased properties. Among the families that have obtained Portuguese residence permits, there are 732 families from China, accounting for 80% of the total, which clearly shows the attraction of this program to Chinese investors.
As early as when Portugal first announced the Golden Residence Permit Program, WorldWay Group, a leading organization in European investment immigration, recognized the significant advantages of this project and jointly launched the project’s introduction ceremony in China with the then Portuguese Ambassador to China. Dr. Winner Xing, President of WorldWay, personally visited Portugal for an inspection, meeting with several dignitaries including the President of Portugal, and obtained authoritative information on the Portuguese property investment immigration policy. Meanwhile, WorldWay established good cooperative relationships with well-known Portuguese developers, recommending a large number of quality existing property resources to investors. Especially in 2014, during the "WorldWay Service Year," overseas services, including the Portugal customer service center, were further upgraded to assist clients in providing comprehensive property management and property services, ensuring that clients do not have to worry about trivial matters after purchasing property for immigration, allowing them to focus on their new lives.
For more information on property investment immigration in Portugal and Europe, please call the hotline 400-138-2929
Editor: WorldWay
