Recently, the Portuguese Immigration and Borders Service (SEF) released the Golden Visa data for July 2022. In July 2022, a total of 80 main applicants and 112 dependent applicants were approved for the Portuguese Golden Visa, with an investment volume of 43.94 million euros. Among them, there were 11 main applicants from the United States and 10 from China, with the number of U.S. applicants once again surpassing China to take the top spot. They were followed by Brazil (9), South Africa (7), and Turkey (5).
In terms of investment methods, among all those approved in July 2022, 67 applicants chose real estate investment projects, meaning they obtained the Golden Visa through property purchase, with an investment volume of 37.673 million euros. Of this, 28.132 million euros flowed into the 500,000-euro property purchase immigration project, and 9.541 million euros flowed into the 350,000-euro old property renovation project.
In addition, the Portuguese Immigration and Borders Service also updated the overall data since the implementation of the Golden Residence policy in October 2012. The data shows that as of the end of July this year, 10,983 main applicants have been approved for the Portuguese Golden Visa, along with 18,068 dependent applicants. Among them, Chinese families account for half of the total, with 5,149 families approved, representing approximately 46.9%, which demonstrates the favor and recognition Chinese investors have for the Portuguese immigration program. Furthermore, through the Golden Residence Program, Portugal has attracted a total of 6.459 billion euros in investment, of which 5.797 billion euros was directly invested in the real estate market, indicating strong investor interest in the Portuguese real estate market.
Currently, investors can apply for the Portuguese Golden Residence status for three generations of their family by investing from 280,000 euros through the Portuguese Golden Residence Program. This allows them to enjoy Portugal's generous social welfare and high-quality educational resources, travel freely across 26 Schengen countries, and, upon meeting the corresponding conditions, enable their children to participate in the Joint Entrance Exam for Overseas Chinese Students as overseas Chinese students. This allows them to easily gain admission to prestigious universities such as 985 and 211 institutions with lower scores and enjoy mainland higher education, which is truly a multi-benefit move! At the same time, after holding a Portuguese Golden Residence permit for 5 years and meeting the low residency requirement of 7 days per year, one is eligible to apply for Portuguese citizenship and receive a European Union passport, enjoying the generous benefits of EU citizenship.
As one of the Top 500 Asian Brands, WorldWay Group, as an immigration agency that promoted the Portuguese Golden Residence Program in China at an early stage, is joining hands with powerful Portuguese developers to grandly introduce another high-quality Portuguese immigration project—the Porto City Center Apartment, helping investors seize the opportunity for property-based immigration to Portugal!
Porto City Center Apartment
◆ Located in the artistic and trendy district of Porto city center, adjacent to numerous attractions
◆ Convenient transportation, within walking distance to the subway station, and close to Porto Airport
◆ Gated community with comprehensive facilities, including a private garden, etc.
◆ The project complies with the Golden Residence Act, with flexible investment options
The project is located in the city center of Porto, with a very convenient location. The project is well-equipped with dedicated private parking spaces, a gym, a shared garden, a private garden, etc. At the same time, it also features an exclusive community lobby and a shared dining area, providing users with more social spaces. Various supporting facilities ensure that all aspects of living needs are met. The project will bring residents a new life full of artistic sense, where they can feel the combination of tradition and modernity. The project complies with the Portuguese Golden Residence Act, and one person's investment allows the whole family to apply for Portuguese Golden Residence status.
Project Renderings
(The following images are for reference only; actual delivery shall prevail)
(For more details on property listings for Portuguese property-based immigration, please contact WorldWay immigration consultants)
As a Top 500 Asian Brand and WorldWay Group, which has been focusing on investment immigration for over 20 years, we were one of the early immigration agencies to promote the Portuguese Golden Residence Visa project in China in October 2012. In April 2013, we joined hands with the Embassy of Portugal in China to hold the "Portuguese Golden Residence Program Launch Ceremony," introducing the Portuguese Golden Residence Program to China and helping numerous investors realize their dreams of living in Portugal. WorldWay Group is your trusted choice for handling Portuguese immigration.
For more details on Portuguese property-based immigration, please send us a private message in the comments section or call the WorldWay service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
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