On August 9, 2012, Portugal passed a new immigration law, Act No. 29/2012, which is an amendment to Act No. 23/2007. In accordance with this new act, the Portuguese Ministry of Foreign Affairs and the Ministry of Internal Administration issued Ordinance No. 11820-A/2012 on September 3, 2012, which became effective on October 8, 2012. This marked the beginning of Portugal's property investment immigration program, which caused a sensation across Europe and attracted significant attention from investors.
This new investment immigration act is known as Portugal's Golden Residence Permit Programme.
Advantages of Portugal Immigration:
1. No requirements for the applicant regarding education, language, or age;
2. Simple application materials, with no business background check or proof of source of funds required;
3. Fast processing speed, with visas granted in as little as 2 months;
4. Virtually no minimum stay requirement, with flexible residency;
5. The only immigration policy in Europe established through legislation, offering stable and risk-free investment;
6. One application allows the entire family of three generations to obtain residence permits, all enjoying benefits such as free education and healthcare;
7. Flexible status, with no need to abandon life and career in the mainland;
8. After obtaining a green card, one can freely enter and exit 26 European Schengen countries, equivalent to an EU green card;
9. Visa-free access to 158 countries, ranking second in the world, only behind Denmark;
Requirements for Portugal Immigration Application:
The new investment immigration policy allows for the application of a Portugal Golden Residence Permit through the following three methods:
1. Transfer of capital of 1 million Euros or more;
2. Creation of 10 job positions;
3. Purchase of real estate projects valued at 500,000 Euros or more.
The third investment method offers low risk and high returns, making it the preferred choice for immigrating to Europe.
To obtain a Golden Residence Permit in Portugal through a real estate investment project, the applicant must meet the following conditions:
1. The applicant must be at least 18 years of age and have no criminal record;
2. Purchase real estate projects in Portugal valued at 500,000 Euros or more;
Since the implementation of the Portugal Golden Residence Permit program in 2012, its secure investment methods, convenient naturalization conditions, beautiful natural environment, and superior education and healthcare benefits have made the Portugal "Golden Residence" program the most popular property investment immigration program in Europe, and it has been operating steadily ever since.