Following the conclusion of the friendly visit to Portugal by Zhang Dejiang, Chairman of the Standing Committee of the National People's Congress, and the opening of the first direct flight between China and Portugal, relations between the two countries have reached a new level, with increasingly close exchanges in economic, trade, cultural, and educational fields. In recent years, the enthusiasm of Chinese enterprises and individuals for investing in Portugal has continued to rise, and Portugal has become a "treasure trove" that many investors are flocking to.
Portugal's July Golden Residence Permit Data: Number of Approved Applicants Hits a New High
From October 8, 2012, to July 31, 2017, the Portugal Golden Residence Permit program has successfully attracted over 3.2 billion euros in investment to Portugal, with real estate investment remaining the primary contributor at 2.9 billion euros. This success is largely due to Portugal's favorable real estate market environment.
Among the 5,243 approved main applicants, 3,472 were Chinese nationals, accounting for approximately 66%, remaining the primary force in the Golden Residence Permit program. Of these, 4,945 were approved through real estate acquisition, accounting for approximately 94.3%, demonstrating that real estate remains the most favored investment method for global investors.
Portugal's Commercial Real Estate Investment Doubled in the Second Quarter, with Foreign Investment Accounting for 90%
According to a report by "Notícias ao Minuto" citing the latest data from JLL, Portugal's commercial real estate investment performance doubled in the second quarter of this year. The growing interest of foreign investors in the Portuguese market is the main engine driving economic growth.
It is reported that in the second quarter of this year, Portugal's commercial real estate investment reached 651 million euros, an increase of 106% compared to the same period last year (315 million euros) and an 83% increase compared to the previous quarter (356 million euros), marking a qualitative leap. Foreign investors were the main drivers of the surge in total investment in the second quarter, accounting for 90% of the total.
According to a report by "Dinheiro Vivo," the renowned American magazine Forbes published its 2017 ranking of the best countries for business, with Portugal ranking 19th, placing it in the global Top 20! This is mainly attributed to its Golden Residence policy, which has attracted a large number of international investors. Currently, Portugal's national economy is developing rapidly, with real estate prices increasing by 7.6% year-on-year. Major Chinese enterprises are continuously increasing their investment in the Portuguese market.
Portugal's Housing Prices Continue to Rise; Buying Now Means Profiting
According to Statistics Portugal, the country's economic development has accelerated for three consecutive quarters. With steady economic growth, housing prices have also continued to rise. Official Portuguese institutions have announced that Portugal's real estate prices are expected to increase by about 8% in 2017. Investing in Portugal not only allows for obtaining residency and rational asset allocation but also enables wealth appreciation, achieving a win-win outcome.
For Portugal investment immigration, only 500,000 euros are required, with no language or academic requirements. One application allows three generations to obtain European residency! If interested, please call 400-138-2929 to contact Worldway Immigration and consult with professional experts.