Recently, the renowned business magazine Forbes released its list of the world's best countries and regions for business, with Portugal ranking among the top 20.
This ranking was compiled by Forbes based on research and published reports from Freedom House, the Heritage Foundation, the Property Rights Alliance, the global non-profit anti-corruption organization Transparency International, the World Bank, and the World Economic Forum. The ranking calculation includes 11 key indicators: property rights, innovation, taxes, technology, corruption, personal freedom, trade freedom, monetary freedom, bureaucracy, investor protection, and stock market performance, with each indicator weighted equally.
This ranking evaluated the business environments of 139 countries, with Portugal placing 19th, ahead of Germany (21st) and the United States (23rd). Analyzing the evaluation criteria, Portugal's investment environment ranks among the best, with rapid economic development. Portugal ranks highly in personal freedom, while capital freedom and trade freedom rank 5th and 7th, respectively.
Portugal's world-leading business environment also indicates its enormous investment potential. In recent years, Portugal has become a popular destination for investment, with real estate gradually appreciating and attracting a large number of international investors. Currently, the Portuguese national economy is recovering rapidly, with real estate prices increasing by 7.6% year-on-year. According to official Portuguese institutions, real estate prices in Portugal are expected to increase by approximately 8% in 2017. In addition, rental prices for properties in Portugal are also rising, having shown an upward trend for 18 consecutive months, with rental growth expected to reach 0.54% in 2017.
Portugal's active real estate market is not only due to the country's economic recovery but is also stimulated by the Portugal Golden Residence Permit policy. Since the Portugal Golden Residence Permit investment program was implemented on October 8, 2012, this policy has been a favorite in the global investment market and is highly favored by Chinese investors. As of November 2016, the Golden Residence policy had attracted 2.48 billion euros in investment to Portugal, with the real estate sector accounting for 90% of this total. This clearly demonstrates the prospects and competitiveness of the Portuguese real estate market. Under the Golden Residence policy, investors only need to purchase real estate or agricultural land worth 500,000 euros or more in Portugal to obtain Golden Residence status for their entire family in one step, enjoying the same welfare benefits as Portuguese citizens in terms of healthcare and education, and their children can enjoy most-favored-nation treatment when applying to universities in various EU countries.
Strong economic growth and a favorable business investment environment make the future potential of real estate investment in Portugal immeasurable. Worldway immigration experts remind you: Portugal's agricultural land resources are scarce and appreciating rapidly; it is best to invest and immigrate early. For more information on Portuguese immigration, please call: 400-138-2929.