According to data recently released by the Portuguese Immigration and Borders Service (SEF), investment in the Portuguese Golden Visa reached 57.7 million euros in August 2020, an increase from July. In the first eight months of 2020, total investment in the Portuguese Golden Visa reached 496.7 million euros. Based on this trend, total investment in the Portuguese Golden Visa by the end of 2020 is expected to reach 745 million euros, slightly higher than last year. It is evident that during the pandemic, the Portuguese Golden Visa remains as popular as ever.
Data shows that from January to August 2020, the Portuguese Immigration and Borders Service issued residence permits to 915 main applicants. Of these, 24% were Chinese, 11.5% were Brazilian, followed by Turkish, Russian, and South African nationals, each accounting for 6%.
Data also reveals a new trend this year: a very high proportion of applicants are choosing non-traditional investment options. Three years ago, 90% of applicants chose the 500,000-euro real estate investment option; this figure has now dropped to 65%, largely due to the increasing number of properties that qualify under the 350,000-euro "renovation" option.
During the pandemic, the Portuguese Golden Visa program has remained unaffected and continues to be favored by investors for many reasons, such as Portugal's ranking as the third safest country in the world, its world-class healthcare system, and its recognition by "International Living" as the best country in the world for retirement in 2020. Furthermore, the strong performance of the Portuguese real estate market, the excellent reputation of the Portuguese Golden Visa, and the timely new policies introduced by the Portuguese government have all played a significant role.
As the number of Portuguese Golden Visa applicants continues to rise, the real estate investment route is becoming increasingly popular. Investors interested in immigrating to Portugal can currently take advantage of the Portuguese Golden Residence Permit Program to purchase properties starting from 350,000 euros. This allows three generations of a family to apply for Portuguese Golden Residence status, enjoy Portugal's generous social welfare and high-quality educational resources, and travel freely across the 26 Schengen countries. Upon meeting the requirements, applicants can apply for Portuguese citizenship, obtain an EU passport, and acquire a property with permanent ownership—truly a multi-benefit opportunity! Those interested in investing in Portugal should seize the favorable policy environment and take advantage of the current opportunity to invest in real estate in Lisbon and Porto to secure their status sooner.
As a top 500 Asian brand, WorldWay Group, one of the first immigration agencies to promote the Portuguese Golden Residence Permit Program in China, has partnered with a powerful Portuguese developer to introduce another major real estate project—Porto City Garden Apartments, meeting your investment immigration needs.
Porto City Garden Apartments Project Overview
Project Type: Apartment
Unit Types: Studio/1-Bedroom/2-Bedroom
Price: Starting from 384,000 euros
Project Highlights: Located in a bustling district of Porto, the area is surrounded by boutiques, cozy cafes, exquisite casual restaurants, charming historical buildings, and tourist attractions. The project offers various unit types to meet different client needs, with chic and elegant designs aimed at creating a modern and comfortable lifestyle, and every unit has direct access to a landscaped garden. The project is close to subway and train stations, providing convenient access to other parts of Porto and even the whole of Portugal. Additionally, famous universities, hospitals, and international schools in Porto are within walking distance. The project complies with the Portuguese Golden Residence Permit Program legislation, allowing the whole family across three generations to apply for the Portuguese Golden Visa through property purchase.
As an active promoter of European investment immigration, WorldWay Group partnered with the Embassy of Portugal in China as early as 2013 to introduce the Portuguese "Golden Residence Permit Program" to China, embarking on a wonderful journey of Portuguese investment immigration. As one of the earliest immigration agencies to promote the Portuguese "Golden Residence Permit Program" in China, WorldWay has maintained a positive interaction with the Portuguese government for many years to help you immigrate to Portugal with ease!
2020 is the Year of Health Planning! Health planning starts with status! For more details, please consult: Mainland China: 400-138-2929; Hong Kong, China: (852) 2802 8798.
Some materials in this article are sourced from the internet, and the copyright belongs to the original author. If there are any copyright issues, please contact us for removal.
Investment involves risks. The above information is for reference only. Property images are for reference only, and the actual delivery shall prevail.