Recently, the Portuguese government announced that it will strengthen family allowances, providing a minimum of 600 euros per year for each child, regardless of age, and additional benefits for children in extreme poverty.
The Minister of Labor, Solidarity, and Social Security of Portugal stated during a Council of Ministers meeting that the enhanced family allowance will take effect in September, implemented in phases, and will be retroactive to July, completing in 2023. The new family allowance will cover approximately 400,000 children in the first and second phases.
In addition to this allowance, children and young people in extreme poverty will receive an extra monthly subsidy of 70 euros this year, which will increase to 100 euros per month in 2023. This measure will benefit approximately 123,000 children. Furthermore, the Council of Ministers also approved modifications to the family allowance standards, aimed at "adapting to the changes in minimum wage."
Charming Portugal has always been a country that many aspire to. With its warm temperate maritime climate, an enchanting coastline of 850 kilometers, beaches, seafood, and football, it consistently ranks at the top of international travel lists. Additionally, due to its robust healthcare system, quality educational resources, and lenient immigration policies, it has become a popular choice for overseas education and immigration.
At the same time, Portugal is a high-welfare country that places great emphasis on child welfare. From pregnancy and childbirth to parenting and schooling, there are generous subsidies and favorable policies at every stage, continuously alleviating the burden on parents raising children. Portugal is recognized as one of the best countries in the world for raising children. The numerous benefits in Portugal cover all aspects of childcare, and the government provides free public education to all residents, implementing compulsory education until the age of 18.
In today's society, many Chinese parents are planning ahead for their children's education and development by obtaining a second nationality for them. According to the new Portuguese Nationality Law, children born in Portugal to foreign immigrants who have resided in Portugal for at least one year (with a residence card) can obtain Portuguese nationality. This means that children born to non-Portuguese immigrants who have legally resided in Portugal for one year can benefit from the convenient policy of acquiring Portuguese nationality upon birth, obtaining a Portuguese passport, which is an EU passport. After acquiring nationality, children can enjoy various benefits as Portuguese citizens and access EU resources.
Currently, investors can apply for Portuguese Golden Residence status by investing in real estate starting from 280,000 euros, allowing three generations of the family to enjoy Portugal's generous social welfare and quality educational resources, with free movement across 26 Schengen countries. Additionally, if certain conditions are met, children can participate in the Overseas Chinese Student Examination as overseas Chinese students, easily gaining admission to prestigious universities such as 985 and 211, enjoying education in mainland universities, which is truly a win-win situation! Furthermore, after holding a Portuguese Golden Residence Permit for five years and meeting the low residency requirement of seven days per year, one becomes eligible to apply for Portuguese nationality and receive a Portuguese EU passport, enjoying the generous benefits of EU citizenship.
Worldway Group, ranked among Asia's top 500 brands, is one of the early immigration agencies in China promoting the Portuguese Golden Residence Program. Together with reputable Portuguese developers, we proudly introduce another quality immigration project in Portugal—apartments in the city center of Porto, helping investors seize the opportunity for property investment immigration in Portugal!
City Center Apartments in Porto, Portugal
◆ Located in the artistic and trendy district of Porto city center, adjacent to numerous attractions
◆ Convenient transportation, just steps away from the metro station, close to Porto Airport
◆ Gated community with complete amenities, including private gardens
◆ Project complies with the Golden Residence Act, with flexible investment options
This project is located in the city center of Porto, with a very convenient location; it is well-equipped with dedicated private parking spaces, a gym, shared gardens, and private gardens. Additionally, it features a community-exclusive reception lobby and shared dining areas, providing users with more social spaces. Various facilities meet all aspects of living needs; the project will offer residents a new life rich in artistic sense, where they can experience the blend of tradition and modernity. The project complies with the Portuguese Golden Residence Act, allowing one investment to apply for Golden Residence status for the entire family.
Project Renderings
(The following images are for reference only; actual delivery may vary)
(For more details on property sources for immigration through purchasing real estate in Portugal, please contact Worldway immigration consultants)
As one of Asia's top 500 brands and a company focused on investment immigration for over 20 years, Worldway Group was one of the first immigration agencies in China to promote the Portuguese Golden Residence Visa project in October 2012. In April 2013, we collaborated with the Portuguese Embassy in China to hold the "Launch Ceremony of the Portuguese Golden Residence Program," introducing the program to China and helping numerous investors realize their dreams in Portugal. Worldway Group is your trusted choice for immigration to Portugal.
For more details on property investment immigration in Portugal, please send us a private message in the comments section or call the Worldway hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798.
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