According to the latest edition of the Immigration, Borders and Asylum Report (RIFA) published by the Portuguese Immigration and Borders Service (SEF), the number of immigrants residing in Portugal increased by nearly 23% in 2019 compared to 2018. Currently, 590,348 foreign nationals hold valid residence permits issued by Portugal, marking the highest number since 1976.
Among them, the total number of Chinese immigrants is 27,839, ranking 6th; in the field of golden visas, Chinese investors who obtained residence permits in Portugal rank 1st, significantly ahead of countries such as Brazil, Turkey, the United States, and Russia.
At the same time, the number of foreigners applying for Portuguese citizenship reached a five-year high, with nationality applications from foreign immigrants rising by approximately 80% in 2019. Out of 74,116 requests, 68,116 were successful, resulting in a high approval rate of 92%.
Overall, the Portuguese Immigration and Borders Service issued a total of 129,000 residence permits to foreign nationals in 2019, an increase of nearly 40% compared to 2018, and the number of new permits doubled (110.3%) compared to 2017!
In 2020, the approval data for Portugal's golden visa program continued to reach new highs despite the pandemic. Since April, the Portuguese real estate investment immigration program has seen a significant increase in activity, with applications soaring in May and continuing to attract investment in June and July! This truly demonstrates a "strong comeback"! According to data released by the Portuguese Immigration and Borders Service (SEF), from the launch of the Portuguese Golden Residence Permit program until July 2020, Portugal issued a total of 9,015 golden visas, attracting a total investment of 5.4 billion euros. Among them, real estate investment remains a popular choice, with an investment amount reaching 4.9 billion euros.
The continuous increase in immigration to Portugal has made its property investment immigration program very popular. As a member of the European Union, investors can apply for Portuguese golden residence status by purchasing properties starting from 350,000 euros, allowing three generations of the family to enjoy Portugal's generous social benefits and quality educational resources, as well as free movement across 26 Schengen countries. After meeting the requirements, they can apply for Portuguese citizenship, thus obtaining an EU passport, while also acquiring property with permanent ownership, achieving multiple benefits! Those interested in investing in Portugal should seize the favorable policies and take advantage of the excellent opportunity to invest in real estate in Lisbon and Porto, processing their applications early to obtain their status sooner.
As a proactive promoter of investment immigration in Europe, WorldWay Immigration Group partnered with the Portuguese Embassy in China as early as 2013 to introduce the Portuguese "Golden Residence Permit" program to China, initiating an exciting journey of investment immigration to Portugal. As one of the early immigration agencies promoting the Portuguese "Golden Residence Permit" program in China, WorldWay Immigration has maintained good interaction with the Portuguese government over the years, assisting you in easily immigrating to Portugal!
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