Worldway Comprehensive News: According to the latest data released by Eurostat, in the fourth quarter of 2014, housing prices in the Eurozone and the European Union increased by 1.1% and 2.6% respectively compared to the same quarter in 2013. At the same time, the data shows that the housing price growth rate in Portugal was 2.2%, which is twice the average growth rate in the Eurozone, attracting attention.
Worldway Investment Immigration experts point out that the impressive performance of the Portuguese real estate market is closely related to the implementation of the "Golden Residence Permit" program. Since the implementation of the property immigration legislation in October 2012, the Portuguese Golden Residence Permit has brought in 1.44 billion euros in personal investments. As of the end of April 2015, a total of 2,378 investors have been approved by the Portuguese Immigration Bureau, among which 1,909 are Chinese investors, accounting for over 80%, demonstrating the strong appeal of the "Golden Residence" property immigration policy to Chinese investors.
Fosun Acquires Portuguese Insurance Company for 1 Billion Euros
Meanwhile, Chinese enterprises' investments in Europe also serve as a benchmark. In May 2014, Fosun Group acquired 80% of the equity and voting rights of the Portuguese insurance group Fidelidade, Multicare, and Cares for a total of approximately 1.038 billion euros. Fosun Group stated that the company is committed to becoming an investment group centered on insurance and considers Portugal to be an attractive and important market. Fosun is also interested in investment opportunities in other sectors in Portugal, including real estate, tourism, and branded products.
Wanda Invests 1 Billion Euros in Portuguese Real Estate
As a leading enterprise in the Chinese real estate industry, Wanda Group did not stop its overseas investment pace after Wang Jianlin spent 265 million euros to acquire a real estate project in Spain in June 2014. According to the Portuguese newspaper "Morning Post", Wanda Group plans to make a significant entry into Portugal, with an investment amount reaching up to 1 billion euros.
Property Immigration to Portugal: Enjoy High-Quality Immigration Life in Europe
1. Investors' children enjoy 12 years of free public education from primary to high school in Portugal, bringing them closer to prestigious European schools;
2. The Portuguese Golden Residence Card allows free movement across 26 Schengen countries, and holders of Portuguese passports can travel visa-free to 172 countries and regions worldwide, ranking third globally in terms of visa-free access, making it a true golden passport;
3. Portugal is the only country that allows both parents and children to immigrate simultaneously, enabling true family immigration, where one person invests and three generations benefit;
4. There are no special restrictions on property types for property immigration in Portugal; commercial properties, land, apartments, offices, etc., are all eligible, and they can be purchased in combination. As long as the investment reaches 500,000 euros, one can apply for the "Golden Residence Card". Additionally, purchasing property in Portugal grants permanent ownership, ensuring that the property lasts forever;
5. Currently, the exchange rate of the euro against the renminbi is at a historical low, and the Portuguese real estate market has begun to recover steadily, making it an opportune time to purchase property in Portugal.
