When you think of Portugal, what comes to mind?
Is it the sweet and delicious Portuguese egg tart, or the mellow and intoxicating red wine?
Is it the deep blue and endless coastline, or the magnificent ancient castles?
Is it the powerful and wealthy global empire of the last century, or the leisurely and laid-back backyard of Europe today?
"Where the land ends and the sea begins." Portugal, a trendsetter of the Age of Discovery and the "Franks" recorded in the Kunyu Wanguo Quantu, has always attracted people with its stunning scenery, livable environment, low cost of living, and superior welfare benefits.
To attract more investment, the Portuguese Ministry of Foreign Affairs and the Ministry of Internal Affairs jointly signed Decree No. 11820-A/2012 on September 4, 2012, officially proposing the "Golden Residence Permit Program." Investors only need to purchase real estate (including land resources, residential, or commercial properties) worth no less than 500,000 Euros to quickly obtain Golden Residence status for three generations of their family and enjoy the benefits of Portuguese citizenship.
In April 2013, the leading investment immigration agency, Worldway Group, in collaboration with the Embassy of Portugal in China, introduced the Portuguese "Golden Residence Permit Program" to China, launching a wonderful journey of Portuguese investment immigration. Since then, the 500,000 Euro Portuguese property purchase immigration program has become popular worldwide and is highly favored by Chinese families!
Today, against the backdrop of tightening policies in traditional major immigration countries, the policies of many European property-purchase immigration countries remain very friendly to applicants, making them increasingly popular among immigration seekers. Portugal is one of them! On July 6, 2018, the nationality law update for the Golden Residence Permit, as updated by the Portuguese SEF, officially came into effect. On the original basis, it further relaxed the restrictions on naturalization for Portuguese immigrants and lowered the residency requirements for foreigners to obtain citizenship.
Worldway summarizes the changes in the new bill as follows:
1. The residency requirement for adults to apply for naturalization has been shortened from the original six years to five years.
2. For individuals born in Portugal to foreign parents, if one parent has legally resided in Portugal for at least 2 years, they can easily apply for citizenship.
This means that for investors who successfully obtained the Portuguese "Golden Residence Permit" between 2012 and 2013 and have held the Portuguese Golden Residence card for 5 years, they can now easily apply for Portuguese citizenship; for second-generation immigrants born in Portugal, the threshold for naturalization has also been significantly lowered.
Immigration experts state that whether it is the high-value Portuguese passport, which ranks 5th globally and offers visa-free access to 173 countries and regions, or the quality education and medical resources available here, it is worth considering for Chinese parents planning immigration status for the next generation.
Advantages of the Portugal Golden Residence Permit Program:
One person invests, and the whole family of three generations can quickly obtain the Golden Residence card
5 years to permanent residency, 5 years to naturalization as an EU citizen
No requirements for source of funds, no background checks
Can work and do business, property rental can generate income
Free movement within the 26 Schengen countries
One of the non-global taxation countries, beneficial for global asset allocation
As one of the earliest immigration agencies to partner with the Portuguese Embassy in China to introduce the "Golden Residence Permit Program," Worldway Immigration Group has maintained a good relationship with the Portuguese government for many years and is a solid backing on your immigration journey!
On September 8, 2018, the 2018 China-Europe Trade and Investment Forum, co-organized by the Worldway Wealth Club and hosted by Worldway Group and Huayun Capital Group, will be grandly held at the Fangfeiyuan of the Diaoyutai State Guesthouse in Beijing. We look forward to your participation in the 2018 China-Europe Trade and Investment Forum. For reservations for premium seats, please call the hotline: 400-138-2929.
