In recent years, the economies of various European countries offering residency by investment have continued to recover. The real estate markets, closely linked to immigration policies, have also warmed up rapidly, demonstrating unprecedented investment potential. Among them, Portugal, which launched its residency by investment policy early, has seen outstanding performance in its real estate market, delivering satisfactory results to investors worldwide.
Over the past 5 years, Portugal's property price growth has been double that of the EU
Worldway Group has learned that according to data from Eurostat, between 2013 and 2018, property prices in Portugal rose by 38.6%, while the overall average increase in the EU was only 18.6%. This means that over the past five years, the growth rate of property prices in Portugal has been double that of the EU.
According to the report, in the past five years, only four countries have outperformed Portugal: Ireland topped the list with a 70% price increase; followed by Hungary with 55% growth; and Estonia with a growth rate slightly exceeding 40%.
Portugal's property prices and sales volume both continued to grow in the first quarter of this year
Recently, the National Statistics Institute of Portugal announced that the housing price index rose by 9.2% in the first quarter of 2019; the number of housing sales increased by 7.6% compared to the same period; and the total transaction volume reached 6.1 billion euros, an increase of 12.9% compared to the same period last year.
According to Moody's analysis at the end of last year, the growth rate of property prices in Portugal will continue to exceed the European average and will persist until next year.
With astonishing price growth, it is time to act early for Portugal residency by investment
Under the current situation of a favorable overall economy and a strengthening real estate market, there is still significant room for future growth in Portuguese property prices, which will attract more investors. Therefore, investors interested in obtaining residency through property investment in Portugal should seize the current opportunity to invest early and benefit early.
Through the Portugal Golden Residence Permit Program, investors only need to purchase properties worth at least 350,000 euros that are over 30 years old or located in urban rehabilitation areas and renovate them, or purchase properties worth at least 500,000 euros. Not only can they acquire properties with permanent ownership and participate in the Portuguese real estate market, but they can also apply for the Portugal Golden Residence Permit for three generations of their family, enjoying Portugal's generous benefits in education, healthcare, and retirement, as well as the ability to travel freely within the Schengen Area. One investment, multiple benefits—why hesitate?
As a top 500 Asian brand and a leading institution in investment immigration, Worldway Group, as a pioneer in European investment immigration projects, has always been at the forefront of the industry regarding investment immigration in Portugal. In April 2013, Worldway Group, in collaboration with the Embassy of Portugal in China, introduced the Portuguese "Golden Residence Permit" to China, embarking on a wonderful journey of Portuguese investment immigration. As one of the immigration agencies that promoted the Portuguese "Golden Residence Permit" in China early on, Worldway Group has maintained a good relationship with the Portuguese government for many years, helping investors easily realize their dreams of immigrating to Portugal.
Invest from just 350,000 euros to obtain residency in Portugal for three generations of your family; gain both property and status, and reap multiple rewards! Currently, it is Worldway Group's 5th American Immigration Month. To thank new and old clients, Worldway Group is launching major discounts across all mainstream projects. There are many highlights not to be missed! For details, please call: 400-138-2929.