Worldway Immigration Comprehensive Report: Recently, the Portuguese newspaper "Público" reported that Luís Marques Guedes, Minister of the Presidency and Parliamentary Affairs, has been soliciting opinions from various political parties in Parliament to improve the Golden Residence policy. The Golden Residence policy is the first and most open investment immigration policy launched by a Western European EU member state. If the policy changes, it is unlikely that such a flexible property-purchase immigration program will remain available. Therefore, applicants planning to invest and immigrate to Portugal should prepare early and seize this golden opportunity.
The Minister stated, "It has been more than two years since the launch of the Golden Residence policy. Now is the time for us to re-examine it, and we need to find ways to improve and perfect it."
Meanwhile, the newly appointed Minister of Internal Administration also issued an announcement stating that the Ministry of Internal Administration will conduct an investigation into the Golden Residence investment policy to thoroughly examine the processing procedures for Golden Residence permits and verify whether all investors who have obtained them did so through legal channels. In response, Deputy Prime Minister Paulo Portas expressed opposition. He stated that while he does not rule out seeking improvements to the program, he opposes such an investigation because it would trigger "instability" in the relevant system.
The Golden Residence policy is currently the most open immigration policy among Western European EU countries. By simply purchasing property, one can obtain residency status in an EU country, which significantly lowers the conditions and thresholds for investors to obtain a passport from a Western European EU member state, representing an unprecedented investment opportunity. In October 2012, Worldway Immigration was the first to introduce the Portugal Golden Residence Program to the domestic market. Portugal's property-purchase immigration program is highly sought after by Chinese investors due to its low investment threshold, high cost-effectiveness, and high security.
Since the launch of the Golden Residence program, it has greatly promoted the recovery and development of Portugal's real estate industry, injecting tremendous capital vitality into the domestic Portuguese market. According to statistics, in November alone, Portugal attracted 101 million euros in capital through the Golden Residence policy, with 89% of the funds obtained through real estate sales. This year, Portugal has accumulated 1.177 billion euros in investment through the Golden Residence program.
Currently, the Portuguese government is soliciting opinions from various political parties regarding the Golden Residence policy and seeking improvement measures. Clearly, the conditions for investment immigration will become stricter after the policy changes. Therefore, for Portugal investment immigration, one must act early. For more information on Portugal property-purchase immigration, please call 400-138-2929.
