Worldway Immigration Comprehensive News: According to the latest information from the official website of the Portuguese Immigration and Borders Service (SEF), on September 2, the supplementary provisions for the third amendment to the Portuguese Investment Immigration Policy Law, numbered "15-A/2015," were issued, and the "Golden Residence" introduction page was thoroughly updated. Applications and renewals for investment immigration will now follow the latest legal provisions. This indicates that the Portuguese Immigration and Borders Service will officially process applications, renewals, and other procedures for "Golden Residence" investment immigration in accordance with the new regulations. This is a major positive development for Portuguese investment immigration.
Worldway immigration experts state that according to the latest law, from the moment a "Golden Residence" investor submits a residence application, the relevant departments must provide a response to the applicant within 90 days, regardless of whether the approval is granted. Additionally, if an investor needs to renew their "Golden Residence," the relevant departments must complete the renewal approval within 60 days. This significantly improves the processing efficiency for Portuguese investment immigration.
According to the content published in the "Diário da República," the administrative regulation "15-A/2015," in addition to officially establishing new channels such as urban renewal, scientific research, and cultural investment, also details the documents to be submitted for various investment immigration activities during application and renewal. Furthermore, the newly added Article 65-G of the administrative regulation stipulates that the immigration bureau may, when necessary, verify the documents submitted by investors during "Golden Residence" applications or renewals through Portuguese diplomatic and consular departments.
Currently, there are 7 application channels for the Portuguese "Golden Residence" investment immigration program: 1. Transferring 1 million euros or more to a bank account, or purchasing securities of no less than 1 million euros; 2. Establishing a company and creating 10 jobs; 3. Purchasing real estate worth 500,000 euros or more; 4. Purchasing old properties or urban renewal properties worth 350,000 euros or more, where "old properties" refers to those aged 30 years or older; 5. Investing 350,000 euros or more in scientific research projects; 6. Investing 250,000 euros or more in cultural and artistic projects, or the maintenance or restoration of cultural heritage; 7. Investing 500,000 euros or more in investment or venture capital funds targeting small and medium-sized enterprises.
Worldway immigration experts state that the most favored investment method for the Portuguese "Golden Residence" program remains the purchase of real estate worth 500,000 euros, and the administrative regulation "15-A/2015" has also provided more detailed requirements for the application and renewal of this investment. For example, applicants need to submit a property deed (or a promissory purchase and sale contract), proof of international transfer for the property purchase issued by a Portuguese banking institution, a land registry certificate, and a property ownership certificate. If the real estate investment is made through a joint-stock company, the applicant must also submit the company's commercial registration.
As a high-value individual investment immigration project, the Portugal Golden Residence is recognized in the industry as a highly cost-effective immigration program due to its investment price advantage, lower application threshold, ease of naturalization, the ability to work locally, and the benefit of bringing spouses, parents, and children to immigrate as a family. Worldway immigration experts state that purchasing Portuguese real estate worth 500,000 euros (which can be sold freely after 5 years) allows for rapid immigration to Portugal, and one can apply for naturalization after holding a valid residence permit for 6 years. One person applies, the whole family immigrates, enjoying EU welfare benefits, traveling to 172 countries worldwide, and entering and exiting the 26 Schengen countries freely. Immigration Consultation: 400-138-2929
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