According to the Portuguese Chinese Newspaper, European Commissioner for Economic Affairs Pierre Moscovici highly praised the rapid progress of the Portuguese economy on February 13, 2017. It is reported that Pierre Moscovici stated at a press conference in Brussels regarding the EU economic forecast that, for example, in the second half of 2016, Portugal's economic performance was outstanding, particularly with strong growth in the tourism sector. This has led to a more optimistic forecast for Portugal's economic growth by the EU, with an expected GDP growth of 1.6% in 2017 (the Portuguese government estimates 1.3%), and a growth of 1.5% in 2018.
The Portuguese economy remains active, attracting a large number of international investors, which is bound to drive the immigration investment market. According to official data from Portugal: from October 8, 2012, to January 31, 2017, the total investment amount for golden residence permits has exceeded 2.7 billion euros, with real estate investments accounting for 90%, reaching 2.44 billion euros. The real estate market is booming, and property prices in Portugal are expected to increase by about 8% in 2017. The continuous rise in housing prices is attracting global investors to invest in properties.
Economic growth will comprehensively drive the development of Portugal's real estate, tourism, and catering industries, while Portugal's investment immigration will become more competitive in the international market. In 2017, Portugal introduced many favorable policies, further enhancing immigration benefits in terms of taxation, pensions, and education, which is expected to attract more overseas investment in the future.
Therefore, 2017 is an excellent time for investment immigration to Portugal! The Portuguese property investment immigration also has high investment value; as long as one purchases real estate or agricultural land worth over 500,000 euros, the entire family can obtain golden residence status at once, enjoying the same medical and educational benefits as Portuguese citizens, and children applying to universities in EU countries can also enjoy the most-favored-nation treatment. For more immigration information, please call: 400-138-2929.