On November 2, 2022, local time, Portuguese Prime Minister António Costa stated in an interview: "The Golden Residence policy has fulfilled its intended purpose and is now being discussed for closure."
The Prime Minister stated that the government is evaluating whether the Golden Visa system for obtaining residence permits in Portugal should continue, and acknowledged that the continuation of the Golden Visa may no longer be justified. Before reporters, the Prime Minister did not specify a concrete timeline for the potential termination of the Golden Visa. WorldWay Group will continue to monitor the situation and will share any new information with everyone as soon as it becomes available.
In short, the Portuguese Golden Residence program may exit the historical stage at any time in the future; there is not much time left for investors! In recent years, the issue of abolishing "investment immigration programs" or "golden passport programs" has been debated continuously among European countries, and immigration policies across Europe are gradually tightening.
Immigration policies change in an instant, and hesitation can lead to missing the best opportunity. Currently, there are few programs left in the immigration market that allow for the rapid acquisition of EU status, and the Portuguese Golden Residence program is an excellent springboard for obtaining an EU passport with a low threshold. It is recommended that investors with needs make plans as early as possible, seize the opportunity, and submit applications promptly. The application window under the current policy may be limited, and for those in need, taking immediate action is the best strategy!
Currently, through the Portuguese Golden Residence program, investors can purchase property starting from 280,000 EUR to apply for Portuguese Golden Residence status for three generations of their family. This allows them to enjoy Portugal's generous social welfare and high-quality educational resources, travel freely within the 26 Schengen countries, and, upon meeting the corresponding conditions, children can participate in the Joint Entrance Exam for Overseas Chinese Students to easily enroll in prestigious universities like 985 and 211 institutions with lower scores, enjoying mainland higher education—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, obtain a Portuguese EU passport, and enjoy the generous welfare benefits of an EU citizen.
As one of the Top 500 Asian Brands, WorldWay Group, as one of the earliest immigration agencies to promote the Portuguese Golden Residence program in China, 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 near 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 has comprehensive facilities, including dedicated private parking spaces, a gym, a shared garden, a private garden, etc. At the same time, it is equipped with an exclusive community reception lobby and a shared dining area, providing users with more social areas. Various supporting facilities ensure that living needs are met in all aspects; 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; the actual delivered property shall prevail)
(For more details on property-based immigration to Portugal, please contact a WorldWay immigration consultant)
As a Top 500 Asian Brand and WorldWay Group, which has focused on investment immigration for over 20 years, we were one of the earliest immigration agencies to promote the Portuguese Golden Residence visa program 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, 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.
Note: 1. Within the scope permitted by law, the right of final interpretation of this promotional activity belongs to WorldWay Group. 2. Investment involves risks; the above information is for reference only. Property images are for reference only; the actual delivered property shall prevail.