Recently, the President of Portugal issued an announcement regarding the approval of the new Nationality Law. According to the new legislation, foreign immigrants who have resided in Portugal for one year (with a residence card) can have their children born in Portugal obtain Portuguese citizenship.
The Nationality Law of Portugal began in 1981, with the last amendment in 2018, changing the requirement from "allowing immigrants who have legally resided in Portugal for 6 years to apply for citizenship" to "allowing immigrants who have legally resided in Portugal for 5 years to apply for citizenship," thus reducing the time limit for citizenship application conditions. The latest amendment to the Nationality Law simplifies the citizenship conditions for the children of immigrants. The introduction of the new nationality law significantly lowers the citizenship requirements for children of foreigners born in Portugal, which will attract more investors to immigrate to Portugal through the Golden Residence Visa program, potentially sparking a new wave of immigration to Portugal.
Parents love their children and must plan for their future. Nowadays, many Chinese parents are planning ahead for their children's education and development by obtaining a second nationality for them. Through the Portugal Golden Visa program, starting from €350,000 for property purchase, the entire family can apply for the Portuguese Golden Residence Visa. After holding the Portuguese Golden Residence Visa and residing in Portugal for one year, newly born children can enjoy the convenient policy for obtaining Portuguese citizenship, gaining Portuguese EU citizenship! Considering the cost-effectiveness of immigrating to Portugal, whether it is the Portuguese EU citizenship or the high-quality education and medical resources here, it is worth Chinese parents considering planning immigration status for the next generation.
In addition, the Cyprus investment program, which has been favored by investors and allows for direct application for EU passports, has been suspended since November 1, indicating that the pathways to obtaining EU passports are becoming increasingly limited. However, through the Portugal Golden Residence program, once the conditions are met, one can apply for Portuguese citizenship and obtain a Portuguese EU passport. Coupled with the introduction of the new Nationality Law in Portugal, this will attract more investors to immigrate to Portugal through the Golden Residence Visa.
Immigration policies are constantly changing; it is better to act early than late! Investors interested in investing in Portugal and applying for EU passports should seize the current opportunity to purchase property in Lisbon and Porto for immigration, as the sooner one acts, the sooner they can obtain their status.
As one of the early immigration agencies promoting the Portugal Golden Residence program in China, the Asia Brand 500 Group, Worldway, collaborates with reputable Portuguese developers to introduce another significant real estate project in Lisbon to investors—the apartments in downtown Lisbon are currently on sale, with limited availability on a first-come, first-served basis!
Overview of the Downtown Lisbon Apartment Project
Project Type: Apartment
Unit Type: 1 Bedroom
Price: Starting from €286,800
The project is located in the central area of Lisbon—an area that is both bustling and historically rich, with a unique geographical advantage. It is surrounded by art nouveau, restaurants, bars, parks, and hotels. The project is adjacent to Marques de Pombal Square, Edward VII Park, Avenida da Liberdade, and is well-connected to the metro lines, with nearby star-rated hotels, shopping centers, supermarkets, hospitals, and other living facilities.
Well-Connected Transportation
The project is located at the intersection of multiple metro lines, providing convenient transportation throughout Lisbon. The project forms a network area with the metro station routes, enhancing transportation dimensions, while the project itself is more substantial.
Marques de Pombal Metro Station — 448m
Picoas Metro Station — 615m
Parque Blue Line — 666m
Anjos Metro Station — 870m
Saldanha Yellow Line — 1.1km
Embassy Coverage Area, Good Security
The project is located in an embassy coverage area with good security, adjacent to the Italian Embassy, and not far from the German Embassy, British Embassy, Danish Embassy, etc. The residents are mostly embassy staff and other high-level individuals. The favorable area environment makes the project easier to rent out.
Multiple High-Quality Hospitals Nearby, Convenient Medical Care
The project is located in the city center, surrounded by several high-quality hospitals. Alfredo da Costa Maternity Hospital, Santa Marta Hospital, and Stalingrad Hospital are the closest national cooperative hospitals, providing convenient health care for your future overseas life.
Project Interior Renderings (The following images are for reference only, subject to actual delivery)
Starting from €350,000 for property purchase, not only can you acquire a property with permanent ownership, but you can also apply for the Portuguese Golden Residence Permit for three generations of your family. If conditions are met, you can also apply for Portuguese citizenship and obtain a Portuguese EU passport, achieving dual benefits of investment status. Currently, there are significant discounts available for property purchases, with limited availability, so act quickly to secure a good property!
2020 is the year of health planning! Health planning starts with identity! For more details, please consult: Mainland China: 400-138-2929 Hong Kong: (852) 2802 8798.
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* The above information is for reference only and should not be used as an investment basis. Investment carries risks; please choose carefully.*