To enhance the speed of approval for the Portuguese Golden Residence Permit and renewal applications, starting from September 12, the Portuguese Immigration Office has opened offices in the following areas to handle initial applications or renewal applications for investment immigration in Lisbon, Tejo Valley, and Alentejo:
1. Évora (Local Office)
2. Santarém (Local Office)
3. Porto (CNAIM Immigration Office Reception Counter)
4. Vila Real (Local Office)
5. Viana do Castelo (Local Office)
6. Figueira da Foz (Local Office)
7. Coimbra (Citizen Service Center Reception Counter)
8. Guarda (Local Office)
9. Viseu (Reception Counter)
10. Faro (Citizen Service Center Reception Counter)
11. Tavira (Local Office)
12. Portimão (Local Office)
This news is undoubtedly a great encouragement for many investors looking to invest in Portugal, as it means that the approval speed for the Portuguese Golden Residence Permit will significantly improve, allowing investors to obtain visas for their entire family in a shorter time. With the rapid recovery of the Portuguese economy, investors must seize the investment opportunities in real estate available in 2017.
The Government Actively Promotes the "Golden Residence Visa"
The Portuguese Golden Residence Permit legislation has been officially implemented since October 8, 2012, and has successfully operated for over four years. In May 2014, Portugal announced its exit from EU loan assistance, while the bond rating agency Moody's upgraded Portugal's national rating, and the global financial analysis agency Standard & Poor's also raised expectations, which greatly enhanced investors' confidence in investing in Portugal. Since then, the Portuguese project has become one of the most popular real estate immigration projects in Europe, and the government places great importance on the significant investments this policy brings to Portugal, firmly continuing to promote the "Golden Visa" program.
The Real Estate Market Remains Hot, Economic Giants Are Investing
Compared to other European countries, Portugal is one of the safer investment destinations. The average annual growth rate of Portuguese real estate prices was 4% for 30 consecutive years before the financial crisis. Currently, with the economic recovery, Portuguese real estate is expected to reach historical average levels soon, and the total return on Portuguese real estate, including "property appreciation + euro appreciation + rental income," is expected to approach 60%.
From October 8, 2012, to July 31, 2017, real estate investment contributed the most to the Portuguese Golden Residence Permit program, reaching 2.9 billion euros. This is largely due to the favorable real estate market environment in Portugal. More and more large investors are attracted by Portugal's investment potential and are making significant moves into the country. Experts from WorldWay remind that every immigration project has a golden cycle; the beginning is usually more lenient and faster. If the number of applicants increases to a certain level, congestion may occur. Immigration experts suggest that investors should apply as early as possible to get ahead! Currently, for investment immigration to Portugal, only 500,000 euros is required, with no language or educational requirements, and one application can secure European identity for three generations!
As a pioneer in European immigration, WorldWay Immigration Group, a leading institution in investment immigration and one of the top 500 Asian brands, has dedicated 20 years to providing comprehensive and specialized services for investors. WorldWay Immigration Group has a dedicated project team, a professional and skilled copywriting team, and a meticulous customer service team to provide each investor with comprehensive overseas services. The recent opening of 12 new offices by the Portuguese Immigration Office is undoubtedly great news for investment immigrants. If you are interested in immigration or have any questions regarding immigration, please call WorldWay Immigration Group's 24-hour service hotline: 400-138-2929, and we will be happy to assist you!