According to Portuguese media reports, the Portuguese government is considering implementing new measures to retain and attract more investors, including a priority processing fast track called the "Blue Hotline" launched by the Portuguese Immigration Office (SEF) specifically for foreign nationals applying for the Portuguese "Golden Residence," family reunification, and legalizing immigration status under Article 88. This is expected to be implemented by the end of the year.
Previously, the president of the Portuguese Real Estate and Brokerage Professionals Association warned that if the approval process for the Golden Residence is not accelerated, many investors will turn to other countries for investment. He also pointed out that if the Portuguese government does not open a priority processing channel, it will regret it.
Data shows that there are currently at least 2,000 applications for the Portuguese "Golden Residence" in the queue. However, the Portuguese Immigration Office has stated that in the near future, applicants will be able to pay the card issuance fee directly through bank transfer to save time and effort.
The Immigration Office has not disclosed when the priority processing channel will be opened, but it guarantees that it will be realized within this year, prioritizing the processing of the following types of residence applications: family reunification applications submitted by legal immigrants already in Portugal, immigration applications that meet the requirements of Article 88, and Golden Residence applications.
WorldWay Immigration experts indicate that the Portuguese property investment immigration policy has been highly favored by Chinese investors since its launch. As of the end of April this year, there have been 3,376 successful applications for the Portuguese Golden Residence Permit from China, accounting for 67%. The upcoming implementation of the new "Blue Channel" is undoubtedly a significant benefit for applicants of the Portuguese "Golden Residence." With the continuous improvement of legislation and work systems by the Portuguese Immigration Office, it is believed that the Portuguese "Golden Residence" will become one of the top choices for more investors in overseas property investment.
The exclusive Golden Residence Project for the Portuguese estate of hundreds of acres launched by WorldWay Immigration allows investors to quickly immigrate to Portugal with their families by purchasing real estate worth over 500,000 euros, obtaining EU status, and enjoying an international quality lifestyle.
WorldWay Immigration is launching a major promotional event for the "Third American Immigration Month." During the event, signing up for mainstream investment immigration projects with WorldWay Immigration will enjoy significant discounts, along with various themed activities such as overseas investment, interactive salons, immigration policy analysis meetings, and client appreciation events. There will be many activities and discounts, so please pay attention and participate!
Event Preview:
The "2017 Overseas Investment Summit Forum," co-hosted by the WorldWay Immigration Wealth Club and the All-China Real Estate Chamber of Commerce, and organized by WorldWay Immigration Group, WorldWay Immigration Beijing Company, and WorldWay Immigration Shanghai Company, will be held on June 17 and 18 in Beijing and Shanghai, respectively. For reservations, please call the exclusive free reservation hotline: 400-138-2929.
