Recently, the Portuguese Immigration and Borders Service (SEF) announced the Golden Visa data for July 2021. In July 2021, a total of 41 main applicants and 64 dependent applicants were approved for the Portuguese Golden Visa, with an investment amount of €22.197 million. Among them, there were 10 applicants from China, maintaining a leading position.
In terms of investment methods, among all approved applicants in July 2021, 35 chose real estate investment, that is, obtaining the Golden Visa through property purchase, with an investment amount of €20.097 million. Of this, €16.119 million flowed into the €500,000 property investment immigration project, accounting for 80.2%; €3.978 million flowed into the €350,000 old property renovation project, accounting for 19.8%.
In terms of the nationalities of the main applicants, there were 10 investors from China, followed by the United States (5), Russia (5), Brazil (4), and Turkey (3). Chinese applicants have consistently held a high position, and investors from other countries are also increasing. This indicates that, with the property immigration policies in Lisbon and Porto about to cease and the pandemic gradually improving, global investors are seizing the last opportunity to enter the market and catch the "last train" of property immigration in Lisbon and Porto.
In addition, the Portuguese Immigration and Borders Service also released overall data since the implementation of the Golden Residence Permit policy in October 2012. The data shows that as of the end of July this year, a total of 9,875 main applicants have been approved for the Portuguese Golden Visa. Among them, Chinese applicants accounted for 4,953, more than half, indicating the love and recognition of Chinese investors for Portuguese projects. Through the Golden Residence Permit program, Portugal has attracted €5.9 billion in investment, of which €5.34 billion has been directly invested in the real estate market, demonstrating the strong interest of overseas investors in the Portuguese real estate market.
New Policy for Portugal's Golden Residence Visa
Will be implemented from January 1, 2022
Catch the "last train" of property immigration in Lisbon and Porto
Immigration is better early than late! According to the Portuguese government's decree No. 14 of 2021, starting from January 1, 2022, immigration to Portugal through the purchase of residential real estate will be limited to inland areas, the Madeira archipelago, and the Azores. For the two popular investment cities favored by Chinese investors, Lisbon and Porto, according to the new policy, they will no longer qualify under the Portuguese Golden Residence Visa program. Investors intending to invest in property in Lisbon and Porto to obtain residency and apply for an EU passport must seize the last few months of the "window period" to enter the market quickly and catch the "last train" of property immigration in Lisbon and Porto.
The Asia Brand 500 Strong Worldway Group, as one of the early immigration agencies promoting the Portugal Golden Residence Program in China, in collaboration with strong Portuguese developers, is grandly introducing another high-quality Portugal immigration project - the newly renovated garden apartments "Earl's Garden" in downtown Lisbon, helping investors catch the last train of property immigration in Lisbon and Porto!
Newly Renovated Garden Apartments in Downtown Lisbon
"Earl's Garden"
◆ One of the few projects that meet the €350,000 immigration policy, with high cost-performance ratio
◆ Located in the core area of downtown Lisbon, with great prospects and beautiful surroundings
◆ Convenient transportation, about a 10-minute walk to the subway station
◆ One of the few green and warm eco-friendly communities, with complete living facilities
◆ Various layouts available, suitable for both rental and self-occupation
This project is located in downtown Lisbon, featuring 20 newly renovated luxury apartments. The project boasts stunning views of Lisbon. The development adopts environmental protection concepts. Recyclable and eco-friendly building materials will be used in this project. Many orange and lemon trees will be planted for greening, providing residents with self-service green planting areas and electric bicycle sharing facilities, making it one of the greenest projects in Lisbon.
Project renderings (the following images are for reference only, subject to actual delivery)
As one of the Asia Brand 500 Strong and focusing on investment immigration for over 20 years, Worldway Group was one of the earliest immigration agencies in China to promote the Portugal Golden Residence Visa project in October 2012, and in April 2013, it collaborated with the Portuguese Embassy in China to hold the "Launch Ceremony of the Portugal Golden Residence Program", introducing the Portugal Golden Residence Program to China and helping many investors realize their dreams in Portugal.
Great news! Canadian immigration is offering a major promotion. From now until October 31, 2021, apply for Canadian immigration and receive an IELTS gift package. Limited spots available, first come first served. For more details, please call the Worldway service hotline: Mainland China: 400-138-2929 Hong Kong: (852) 2802 8798.
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