The Portuguese government recently enacted Law 14/2021, further amending the Portuguese immigration legislation, clarifying the details of the new Golden Visa policy, raising the threshold for fund investments, and narrowing the geographical scope for real estate investment immigration. The new policy will take effect on January 1, 2022.
The key amendments of the new policy are as follows:
1. Capital transfer threshold increased to over €1.5 million;
2. Research investment threshold increased to over €500,000;
3. Investment fund threshold increased to over €500,000;
4. Company incorporation investment threshold increased to over €500,000;
5. Residential properties valued at €500,000 or more, or renovated residential properties valued at €350,000 or more, can only be purchased in inland regions, the Azores, and Madeira.
For the two major investment cities favored by Chinese investors, Lisbon and Porto, they will no longer qualify under the Portuguese Golden Residence permit scheme according to the new policy. As shown in the image below, the red coastal areas will no longer accept real estate investment immigration applications, and the yellow-marked areas are subject to partial restrictions.
Areas where property purchase qualifies for a Portuguese Golden Visa
The new policy will take effect on January 1, 2022. Applications for investment immigration submitted before this date will remain subject to the current legislation. Subsequent renewals for the main applicant, as well as applications and renewals for family reunification, will not be affected by these legislative changes.
This means that investors have a limited amount of valuable time to continue obtaining Portuguese Golden Residence status by purchasing property in Lisbon or Porto. Investors interested in purchasing properties in these cities to obtain residency and apply for an EU passport should treasure this precious time, take action early, and secure their status sooner.
Currently, investors can apply for a Portuguese Golden Residence permit for three generations of their family by investing over €350,000 in properties that are over 30 years old or located in urban rehabilitation areas and undergoing renovation, or by purchasing real estate (including land, residential, or commercial property) valued at no less than €500,000. This allows them to enjoy Portugal's excellent social welfare and quality education resources, travel freely across the 26 Schengen countries, and enjoy a simplified path to citizenship. Once conditions are met, they can apply for Portuguese citizenship—meaning naturalization in Portugal and obtaining a Portuguese EU passport—while also gaining permanent property rights. It is a multi-benefit solution!
Great news!
As one of the earliest immigration agencies to promote the Portuguese Golden Residence Permit Program in China
Worldway Group once again partners with a powerful Portuguese developer
to proudly recommend another premium Portuguese immigration project
"Greater Lisbon Area Estate of 100+ Acres" debuts with impact
Inheritable for generations, suitable for wealth legacy
No depreciation, no wear, value preservation and appreciation
Maintenance-free, no management costs
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Fast-track immigration to Portugal for three generations of your family
Investing in an estate is investing in land. Compared with traditional property purchases, houses suffer from depreciation, whereas land does not, making it even more effective for wealth preservation. Therefore, land is more suitable as a family asset to be passed down through generations, realizing the preservation and appreciation of family wealth.
Investing in an estate in the Greater Lisbon area of Portugal offers you more than just a massive European manor of over 100 acres; it also secures Portuguese Golden Residence status for your entire family—multiple benefits from one investment! As one of the few remaining real estate immigration projects in the popular Greater Lisbon area, this helps you catch the "last train" for real estate immigration in the Lisbon region and realize your "estate dream"! For investors interested in immigrating to Portugal, good projects do not wait. Take action early, apply early, and benefit early!
As a Top 500 Asian Brand, Worldway Group has been focusing on investment immigration for over 20 years. We were one of the first immigration agencies in China to promote the Portuguese Golden Residence Visa program in October 2012. In April 2013, we partnered with the Embassy of Portugal in China to hold the "Portuguese Golden Residence Program Launch Ceremony," introducing the plan to China and helping numerous investors fulfill their dreams of living in Portugal.
Great news! In celebration of the New Year, to show appreciation for new and old clients, Worldway Group is currently launching a full-scale promotional campaign. From February 1 to February 28, 2021, the event is full of surprises and great offers! For more details, please contact the Worldway Group service hotline: Mainland China: 400-138-2929; Hong Kong, China: (852) 2802 8798.
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