Portugal Has Attracted 10 Billion Euros in Chinese Investment to Date; Golden Residence Permit Remains Highly Attractive

Portugal Has Attracted 10 Billion Euros in Chinese Investment to Date; Golden Residence Permit Remains Highly Attractive

Portugal has attracted 10 billion euros in Chinese investment to date; the Golden Residence Permit remains highly attractive. The best immigration news can be found on the official website of Worldway Immigration.

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Worldway Immigration Comprehensive Report: Since the year, Portugal has attracted approximately 10 billion euros in investment from China. This includes China Three Gorges Corporation's acquisition of a 21.35% stake in Energias de Portugal (EDP), Fosun International's acquisition of Portugal's largest insurer Fidelidade, a 3.97% stake in Redes Energéticas Nacionais (REN), Luz Saúde (formerly the Portuguese healthcare group ES Saúde), and the recent acquisition of Banco Espírito Santo de Investimento by Haitong Securities for 400 million euros. In addition to large-scale corporate acquisitions in Portugal, the Golden Residence Permit policy has attracted 1.076 billion euros in individual Chinese investment to date, accounting for more than 10% of the total, highlighting the immense appeal of the Golden Residence Permit policy.

 

As of November 30, 2014, a total of 1,936 foreign nationals had successfully obtained Portuguese residence permits, 80.6% (1,561 individuals) of whom were Chinese investors. Investors who obtained residence permits by purchasing properties valued at 500,000 euros or more accounted for 94.6% of the total. A total of 2,878 family members obtained residence permits together, representing an increase of approximately 300% in 2014 compared to 2013.

 

These investments will further expand the areas of investment for Chinese enterprises and investors in Portugal, strengthen the influence of Chinese capital in Portugal, and promote economic and cultural exchanges between China and Portugal. This is bound to lead more people to understand and become familiar with the charming appeal of Portugal, prompting more Chinese people to choose the Golden Residence Permit policy to immigrate to Portugal.

 

At the end of 2012, Portugal launched the Golden Residence Permit Program, which allows for the entire family to immigrate by investing 500,000 euros in Portuguese real estate, granting access to benefits such as free public education and medical care. In less than two years, the Golden Residence Permit has contributed more than 10% of the total Chinese investment in Portugal, demonstrating its unlimited appeal.

 

As the first immigration agency in China to introduce this program, Worldway Immigration is the only Chinese immigration agency to have established an independent branch in Portugal. It has successfully assisted hundreds of Chinese investors in completing their investments in Portugal and obtaining Golden Residence Permits. Its Portuguese branch is located on the prestigious Avenida da Liberdade in the heart of Lisbon, making it the preferred legal immigration agency for investment immigrants.

 

For more details on Portuguese immigration, please contact: 400-138-2929

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