Worldway Comprehensive Report: According to the head of the Portuguese Real Estate Association (APEMIP), in 2014, due to the increasing demand from foreign investors for purchasing properties in Portugal, the country's real estate transaction volume rose from 9% to 15%. In 2014, over 20% of properties in Portugal were purchased by foreign investors. The "Golden Residence Permit" investment immigration policy played a crucial role in significantly stimulating the Portuguese real estate market.
Leading the list of buyers are British investors, who accounted for 23,000 transactions in the Portuguese real estate market, followed by investors from China who purchased properties in Portugal through the "Golden Residence Permit" investment immigration policy.
Portugal has surpassed Morocco to become the most favored destination for French retirees purchasing a second property. Last year, over 3,600 French nationals bought homes in Portugal. One French buyer stated that he purchased a 300 square meter sea-view apartment near Lisbon and subsequently sold his furniture store and a small house in the suburbs of Paris.
【2014 Golden Residence Permit Data】
Data from 2014 shows that Chinese investors are the main force behind the Portuguese Golden Residence Permit program. By the end of December 2014, a total of 2,022 investors worldwide had received approval from the Portuguese Immigration and Borders Service (SEF), of which 1,629 were from China.
Since the official implementation of the Portuguese Golden Residence Permit policy on October 8, 2012, it has quickly attracted a large number of supporters globally due to its advantages such as fast application speed, high success rate, and benefits for three generations, allowing immigration by purchasing properties worth 500,000 euros in Portugal. Worldway, as the first immigration agency in China to introduce this policy, has witnessed the stability and maturity of the Portuguese property immigration project after nearly two years of operation.
The head of APEMIP stated that the Portuguese real estate market will continue to show a positive growth trend this year. In this regard, Worldway's European immigration experts predict that in 2015, the Portuguese property immigration project will continue to be popular and initiate a new wave of property immigration in Europe, with the Golden Residence Permit becoming the main investment method for purchasing properties under the investment immigration policy in Portugal.
