The authoritative announcement by the WorldWay Immigration Group regarding the 'Top Ten Immigration Events of 2017' indicates a significant warming of the European investment immigration market. As an important European country, Portugal possesses strong attractiveness and competitiveness in terms of quality of life, travel, and investment.
The Portuguese Immigration and Borders Service (SEF) has released the latest approval progress for the Golden Residence Permit. As of December 31, 2017, the number of principal applicants approved has reached 5,553, and the number of dependent applicants approved has reached 9,315. This has brought over €3.41 billion in direct investment to Portugal, with investment in real estate purchases amounting to €3.08 billion, accounting for as much as 90%!
*Statistics on the Golden Residence Permit in Portugal (as of December 31, 2017)
Since October 2017, Portugal has repeatedly become one of the most favored investment destinations for foreign property investors. According to a global investor survey regarding investment target areas, in October, Portugal received a total of 4.37% attention from international investors, and this proportion is currently doubling.
Recent surveys of the Portuguese real estate market indicate that nationwide property prices are expected to rise by an average of 4% in the coming months, with an average annual growth rate of 5% projected for the Portuguese real estate market over the next five years. Furthermore, with the continuous rise of Portugal's tourism industry, tenant demand in the rental market is also increasing. Currently, the Portuguese real estate market is exceptionally active, prices are soaring, making it an opportune time for investment.
The recovery momentum of the Portuguese economy is evident, with significant developments expected in real estate, tourism, and emerging technology industries. The rise of independent travel is attracting more foreign buyers to the Portuguese real estate investment market. For many overseas investors, investing in immigration to Portugal requires only €500,000, with no language, educational, or capital source requirements. One application allows three generations to obtain European identity! Investors can own property while immigrating and enjoy multiple benefits.
Advantages of Investing in Portuguese Real Estate for Immigration
1. One application allows the whole family, across three generations, to swiftly obtain a Golden Residence Permit.
2. Holding the Golden Residence Permit allows free movement across 26 Schengen countries.
3. Low residency requirements, and the ability to work and conduct business.
4. No language, no education, and no source of funds requirements.
5. Convenient access to citizenship, with EU citizen benefits post-naturalization.
Currently, in response to the booming trend of immigration to Portugal, 12 new immigration offices have been established in Portugal in 2017. This is significant news for investors wishing to immigrate to Portugal, as it not only means that the approval speed for the Golden Residence Permit will be greatly enhanced, but also indicates that more families will obtain European immigration status for three generations in a shorter time, making business, travel, and residence in Europe much more convenient. Consultation Hotline: 400-138-2929