On November 3, 2017, Wang Hong, Director of the State Oceanic Administration of China, and Ana Paula Vitorino, Minister of the Sea of Portugal, signed the "Concept Paper on Establishing a 'Blue Partnership' and the Framework for a Joint Action Plan on Marine Cooperation between the State Oceanic Administration of the People's Republic of China and the Ministry of the Sea of the Portuguese Republic" in Xiamen. Portugal has become the first European Union country to officially establish a Blue Partnership with China.
As an important maritime nation, Portugal is a key partner for China in establishing a "Blue Partnership." Promoting the "China-Portugal Blue Partnership" has become a convergence point connecting China's "21st Century Maritime Silk Road" initiative with Portugal's "ocean-based sustainable development" policy. In fact, China and Portugal have consistently maintained friendly cooperative relations, with both countries moving toward a new stage of mutually beneficial, win-win cooperation. The economic development and investment opportunities within Portugal have attracted significant attention from domestic investors.
Housing prices show an upward trend, with high demand for property investment
According to the latest survey of the Portuguese real estate market, national property prices are expected to grow by an average of 4% over the next few months, with Lisbon, Porto, and the Algarve being the cities with the highest demand. It is projected that over the next five years, Portugal's real estate market will grow at an average annual rate of 5%. In addition, there is an increasing demand from tenants in the Portuguese rental market.
The internationalization of the Renminbi has accelerated the trend of overseas investment by Chinese citizens, and the supply, demand, and geographical location of the real estate market have influenced the future appreciation potential and sales trends of Portuguese properties. At this stage, the Portuguese real estate market, especially in the Lisbon metropolitan area, is experiencing exceptionally active transactions and soaring prices, making it an excellent time for investment.
While the real estate industry is flourishing, the Portuguese Employment Center also has good news to announce. According to the latest data from June, there were 418,200 registered unemployed individuals in Portugal, a decrease of 18.3% compared to the same period last year, with the national unemployment rate reaching its lowest level since 2008. This indicates that Portugal's development is improving, its economy is growing steadily, and the country will become increasingly sought after by investors from around the world.
Advantages of the Portugal Golden Residence Permit Program
One person applies, and three generations of the family can quickly obtain a Golden Residence Permit.
Holders of a Golden Residence Permit can travel freely across the 26 Schengen countries.
Low residency requirements, with the right to work and conduct business.
No requirements for language, education, or proof of source of funds.
Convenient path to naturalization; enjoy EU citizen benefits after naturalization.
Portugal is one of the first countries in Europe to launch a "property investment immigration policy." Currently, applicants can invest 500,000 Euros in Portuguese real estate to obtain a "Golden Residence Permit" visa for three generations of their family. They can live and work in Portugal, and with one application, the whole family can travel freely through European Schengen countries and enjoy high-quality European welfare benefits.
Working together to create brilliance, with 20 years of prestige! On the occasion of the 20th anniversary of WorldWay Group, to express gratitude for the support and trust of new and old clients over the past 20 years, we are launching the "WorldWay Group 20th Anniversary: Comprehensive Gratitude and Rewards" campaign from now until November 12, 2017. During the campaign, WorldWay Group is offering numerous major promotions to share the joy with investors. For details, please call: 400-138-2929.
