As one of the first EU Schengen countries to introduce a stable residency-by-investment program, Portugal provides a solid legal foundation for Golden Residence applicants through sound legislation and clear immigration policies. Portugal has now introduced updated laws for applicants who have obtained residency through property investment, benefiting the children of every Portuguese Golden Residence visa holder.
According to the latest "Amendment to the Portuguese Nationality Act" recently announced by the Portuguese Ministry of Internal Affairs: Individuals born in Portugal to foreign parents can become Portuguese citizens if at least one parent has held legal residency in Portugal for at least 2 years, provided they meet the following requirements:
1. Neither parent was residing in Portugal in the service of their home government (e.g., as a diplomat);
2. The applicant has not declared that they do not wish to be Portuguese.
This act was officially promulgated and became effective on July 6, 2018. This amendment applies not only to children born in Portugal to long-term immigrants but also benefits the newborn children of Portuguese Golden Residence holders, making the naturalization process more standardized and simplified. This is undoubtedly a significant benefit for investors seeking multi-jurisdictional family identity planning.
Immigration experts state: Holding a Portuguese Golden Residence permit for two years allows for children born in Portugal to apply for citizenship and obtain a Portuguese passport! Considering the cost-effectiveness of the Golden Residence, whether it is the high-value Portuguese passport or the quality education and medical resources, it is well worth considering for Chinese parents planning for their children's future through immigration.
Excellent Portuguese Education System
The educational system in Portugal offers distinct advantages. It implements 12 years of compulsory free education, covering primary and secondary schooling. Tuition fees at the higher education (university) level are also very competitive, typically ranging between €1,000 and €7,000 per year. Portugal's expenditure on education is on par with Sweden and significantly exceeds the OECD average. Furthermore, the Portuguese government places great importance on education, with investment in the sector accounting for 5.8% of the country's GDP, surpassing many developed nations.
Advanced Medical Standards in Portugal
According to reports, Portugal's medical service standards rank among the top five globally. Furthermore, according to the World Health Organization's "World Health Statistics 2016," the average life expectancy in Portugal is 81.1 years, ranking 13th among European countries. A favorable environment, pleasant climate, slow-paced lifestyle, and a robust healthcare system make Portugal a top choice for immigrants. In addition to Portuguese citizens, who enjoy access to these advanced medical services, immigrants can also access them by obtaining medical insurance.
Pleasant Living Environment
Portugal is recognized as a country with low cost of living for Western Europe, high safety indices, and unparalleled scenery and hospitality. Portugal's historic architecture, magnificent palaces, and pleasant living environment are all highlights that attract foreign tourists and immigrants alike.
Convenient Portuguese Immigration Policy
The Portuguese Golden Residence program has a low threshold for entry, with no requirements for language, academic background, source of funds, or management experience. The processing cycle is short, and the program allows for the immigration of up to three generations. Investors only need to purchase property or agricultural land valued at €500,000 or more in Portugal to quickly obtain Golden Residence status for the whole family, unlocking the comprehensive benefits of an EU country.
As one of the first immigration agencies to partner with the Embassy of Portugal in China to introduce the "Golden Residence Program" to the Chinese market, WorldWay Group has maintained a strong relationship with the Portuguese government for many years and serves as your reliable partner on your immigration journey!
Recently, the 2018 China-Europe Trade and Investment Forum, co-organized by the WorldWay Wealth Club, hosted by WorldWay Group and Reach Capital, and sponsored by Reach Real Estate, was successfully concluded in Beijing. This forum was the first large-scale China-Europe forum organized by a non-governmental institution in China. Officials from the embassies of 18 European countries were invited to attend, and with over 1,000 participants, it is a milestone event in China-Europe history. The success of this forum further confirms the professional brand strength and standing of WorldWay Group in the European investment immigration industry. For more details, please call: 400-138-2929.