On November 13, following the disclosure of the Golden Residence corruption case in Portugal, there has been intense discussion across various sectors. Immigration investors are highly concerned about the direction of Portugal's immigration policy, questioning whether the Portuguese government will shut down the Golden Residence program. In fact, as early as the news release on the 14th by Portuguese media, the government stated that it would not close the investment immigration policy and would continue to support the Golden Residence program. The anti-corruption internal inspection initiated by the Portuguese government is aimed solely at the corrupt practices of individual officials and not at the Golden Residence legislation.
According to the latest investigation results of the case, the major corruption case involving the Golden Residence has now fully entered the interrogation phase. The first exposed official, the Director of the Portuguese Immigration Service, has received very minimal benefits throughout the case. The court responsible for the interrogation has confirmed that the Immigration Director is currently accused of receiving two bottles of wine from another key defendant in the case—the Director of the Portuguese Notary Office, produced by the Quinta do Vale winery. This may be excusable in most countries, but in Portugal, a country with a fair and just legal system, it is unacceptable. Regardless of the official's rank or the amount of corruption, an investigation must be conducted according to the law. Therefore, it is evident that the Portuguese government's emphasis on and severe punishment of bribery among officials is a strong protection for Portugal's immigration policy, using strict legal measures to maintain the proper functioning of the market, safeguarding the Golden Residence program, and combating illegal intermediaries is a highly responsible action towards every immigration investor.
【Mr. Paulo Portas, Deputy Prime Minister of Portugal, meets with Dr. Winner Xing, President of Worldway】
As a top 500 Asian brand and a legally operating immigration agency under the supervision of the Exit and Entry Administration of the Ministry of Public Security, Worldway has 17 years of professional immigration experience and a global customer service team, top professional immigration lawyers, and the strongest copywriting customer service team in the industry, ensuring that investment immigrants quickly obtain approvals, achieving a 100% success rate in obtaining residency, a leading record in the industry. As one of the earliest immigration agencies to promote the Golden Residence program in China, Worldway has established good relations with the Portuguese government and has been warmly received by the President of Portugal, the Deputy Prime Minister, and other important officials. Last month, Deputy Prime Minister Paulo Portas emphasized: “We have seen that the diverse investment portfolio of the Golden Residence policy has attracted numerous foreign investors to Portugal, which has played an important role in our economic development, especially in reviving the Portuguese real estate market.” Furthermore, the Portuguese government has also stated that the investment from the Golden Residence has continuously contributed to the growth of the Portuguese economy, playing a positive role, and the government will continue to firmly support this policy.
Following the fermentation of this Golden Residence corruption incident, the industry unanimously believes that the Golden Residence program in Portugal will develop in a more legal and regulated direction, which serves as a protection for a wide range of investors. It is believed that the Portuguese government will pay more attention to and support the Golden Residence immigration policy.
For more details on Portuguese immigration, please inquire: 400-138-2929
