Worldway Comprehensive Report: According to news from the Portuguese media Lusa on January 30, preliminary data released by Eurostat that day showed that Portugal's unemployment rate in December fell by 0.1 percentage points month-on-month to 13.4%, a year-on-year decrease of 1.8%. During the same period, the youth unemployment rate rose from 33.4% in November to 34.5% (compared to 35.2% last year). This creates a positive trend for Chinese immigrants in Portugal regarding both investment and employment.
[Portugal's Economic Index Rises]
In fact, in 2014, the unemployment rate in many European countries declined. According to the latest statistics from the official statistical office of the European Union, the unemployment rate in the Eurozone reached its lowest point in two years, at 11.5%, since September 2012.
Of course, among these EU countries, the downward trend in Portugal's unemployment rate is also very optimistic. As early as November 2011, Portugal's unemployment rate was 14%, but by April 2013, it had risen to 17.8%. By June 2014, Portugal's unemployment rate finally fell to its lowest point since November 2011. This means that Portugal's employment rate will also rise significantly. The employment environment and trends for Chinese friends in Portugal will also become relatively more optimistic.
These favorable investment environments have greatly driven investment activities by Chinese enterprises and immigrants in Portugal. In 2014, China's investment in Portugal reached 2.8 billion US dollars, far exceeding the 123 million US dollars in 2013. Among this, the Portuguese Golden Residence Permit program brought 1.23 billion euros in investment to Portugal. This has made Portugal increasingly popular among Chinese investors. Since the Portuguese Golden Residence policy, which allows for immigration by purchasing 500,000 euros worth of property, was officially implemented on October 8, 2012, it has rapidly gathered a large number of followers worldwide due to its advantages such as fast application speed, high success rate, and benefits for three generations. As the first immigration agency in China to introduce this policy, Worldway has made the Portuguese property investment immigration project increasingly stable and mature after nearly two years of operation.
