Worldway Comprehensive Report: On January 14, 2015, the Hong Kong investment immigration policy, which had been in place for 11 years and 3 months, officially entered the history museum. From then on, Chinese millionaires lost another desirable immigration destination! To prevent a similar outcome from repeating in European immigration projects, friends interested in investing in immigration to Europe should plan early.
【Hong Kong Announces Suspension of Immigration Program】
After the suspension of Hong Kong's immigration policy, the current most favored European immigration projects by investors, the Portugal Golden Residence Permit Program and the Cyprus EU Passport Program, are under immense pressure from within the European Union. Especially after the terrorist attacks in France, EU member state governments have called for restrictions on immigration policies. The Prime Minister of Hungary even made an official statement against welcoming foreign immigrants. Against this backdrop, the property investment immigration policies of EU countries such as Portugal, Cyprus, Greece, and Spain may tighten or change at any time. Additionally, with the euro exchange rate dropping to a nine-year low, property investment immigration to Europe offers exceptional value for money. If one does not plan early and take action soon, they may regret it for a lifetime!
The Prime Minister of Hungary, Viktor Orbán, stated on the 11th on Hungarian national television that Europe should begin to take strong measures to massively stop receiving immigrants. He said: “We should not only see the economic benefits brought by immigration but also the troubles and threats it poses to the people of Europe. Therefore, we must stop receiving immigrants; this is Hungary's position.” Previously, Orbán also participated in an anti-terrorism rally held in Paris, France.
Hungary's immigration policy, as a bond-type immigration project, is very strict and unfriendly, yet it has begun to openly call for the cessation of immigration policies. This indicates that the highly valuable Portugal Golden Residence Permit Program and the Cyprus EU Passport Program will also face unprecedented public opinion pressure from within the EU, and there is a possibility of policy changes at any time. Therefore, applicants who wish to invest and enjoy a high-quality lifestyle in Europe should accelerate their pace and plan early.
Worldway's European immigration experts state: The Portuguese government issued the "Golden Residence Permit Act" in September 2012, allowing individuals to apply for a Golden Residence Permit by purchasing real estate worth no less than 500,000 euros in Portugal. Holders of the Portuguese Golden Residence Permit can travel freely within the 26 countries of the Schengen Area, avoiding the subsequent impacts of changes in Schengen visa policies. As of December 30, 2014, the Portuguese Immigration and Borders Service (SEF) had approved 2,022 Golden Residence Investment applications, of which 1,629 investors were from China.
Currently, to immigrate to Cyprus, applicants only need to purchase real estate worth 2.5 million euros, and within three months, the entire family can obtain Cypriot citizenship, which is an EU passport. With an EU passport, you can freely reside in 28 EU countries and enjoy the same rights as citizens of those countries. At that time, you can choose from countries such as the United Kingdom, France, Germany, and Italy. Regardless of which country you reside in, you can enjoy all the benefits of citizenship, including top-notch healthcare, premium education, child allowances, pensions, business opportunities, and favorable tax systems.
To prevent the helplessness brought about by the sudden suspension of immigration policies similar to Hong Kong, customers wishing to immigrate to Europe should seize the opportunity to plan. Worldway Group, a top 500 Asian brand immigration agency, has focused on investment immigration for 18 years, with main services including: U.S. investment immigration, Hong Kong investment residency, investment immigration to Portugal, Spain, Greece, Cyprus, and other European countries, as well as investment immigration and consulting services for Canada, Saint Kitts, Antigua, the Philippines, Guinea-Bissau, Vanuatu, Singapore, and other countries. Interested friends can call for consultation at our VIP hotline: 400-138-2929.
