Worldway Comprehensive Report: According to JLL Portugal released data from the Portuguese Real Estate Agents Association, the investment in Portuguese commercial real estate in 2014 reached 715 million euros, a 130% increase from 312 million euros in 2013. The introduction of the Golden Residence Permit has played a significant role in this growth.
【Golden Residence Permit of Portugal】
In the classification of commercial real estate investments in 2014, Avenida da Liberdade and Chiado in Lisbon still dominate the commercial real estate investment market, as the former signifies luxury and high-end consumption, representing trends and fashion. According to the analysis by the Portuguese Real Estate Agents Association, the real estate investment in 2015 is expected to maintain a strong momentum, as several projects initiated bidding in 2014 but have not yet been finalized, and will complete transactions in 2015.
Among all investor nationalities, 86% are non-Portuguese. The most notable investors are from China, followed by the United States, the United Kingdom, Brazil, Spain, and Russia. Pedro Lancastre, General Manager of JLL Portugal, stated that the significant rise in Portugal's real estate investment in 2014 is due to competitive prices, high profitability of investments, and the improving economic outlook in Portugal. Coupled with policies like the Golden Residence Permit, it has attracted a multitude of foreign investors. The Golden Residence Permit introduced by Portugal has played a crucial role in this.
The minimum requirement to obtain a Golden Visa is to purchase real estate worth at least 500,000 euros, making the current Portuguese real estate market a primary investment area for foreign investors. By the end of November 2014, the Golden Residence Permit had brought in 1.177 billion euros of foreign investment into Portugal, with real estate investment accounting for 90%. The Golden Residence Permit has contributed to the healthy development of the country's real estate market, and it is expected that by the end of 2015, the investment amount in Portugal will reach 2 billion euros.
【Investment Data of the Golden Residence Program】
As the first immigration agency to introduce this program to China, Worldway is the only Chinese immigration agency to establish an independent branch in Portugal. It has successfully assisted hundreds of Chinese investors in completing investments and obtaining Golden Residence Cards in Portugal. Its branch office is located on the bustling Avenida da Liberdade in downtown Lisbon, making it the preferred legal immigration agency for investment immigrants.
For more details on immigration to Portugal, please inquire at: 400-138-2929
