【Mr. Vitalino José Ferreira Prova Canas, Member of the Portuguese Parliament and Chairman of the Portugal-China Friendship Association of the Portuguese Parliament】
According to Portuguese media, the Portuguese Minister of Foreign Affairs announced on Wednesday that Portugal had approved 850 "Residence Permit for Investment" applications (commonly known as the "Golden Visa" or "Golden Residence") within one month. The approval process has significantly improved, and the speed of processing has increased substantially, which has greatly restored the confidence of Golden Visa applicants and investors in Portugal's Golden Residence Permit policy.
Meanwhile, Mr. Vitalino José Ferreira Prova Canas, Member of the Portuguese Parliament and Chairman of the Portugal-China Friendship Association of the Portuguese Parliament, stated that the Portuguese Parliament and the government attach great importance to the delays occurring during the Golden Residence processing. He will urge relevant departments to handle pending cases as soon as possible to ensure the interests of investors. He indicated that both the Socialist Party and the new government are very supportive of the Golden Residence policy, and that Portugal encourages Chinese investors to invest and hopes that Chinese investors can have stronger confidence in the Portuguese government.
The Portuguese government reappointed a new Director of the Immigration and Borders Service in January 2016. Following their appointment, sweeping reforms were implemented. To address the backlog in Golden Residence approvals, the Portuguese immigration authorities adjusted internal personnel, and the Ministry of Foreign Affairs specifically established a team composed of personnel from the Ministry of Internal Administration and the Ministry of Economy to assist in accelerating approval and supervision work.
As a leading immigration agency for Portugal, Worldway Group strongly promotes the Portugal Hundred-Acre Manor real estate project. Investors can obtain EU status for their entire family, travel freely across European countries, and enjoy European life. The Portugal Hundred-Acre Manor real estate project is favored by Chinese investment immigrants and is a popular choice for rapidly immigrating to Portugal through the Golden Residence program.
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