Recently, the Portuguese Parliament generally approved the "More Housing" (Mais Habitação) plan introduced by the government to address the housing crisis, which includes the termination of the Golden Residence Permit Program.
In the coming weeks, relevant departments will conduct discussions, followed by a vote, and finally enter the plenary voting stage. The entire legislative process is expected to take about two months. Investment immigration applications will not be suspended until the final legislation is enacted. The specific deadline for the Portugal Golden Residence Permit Program, and whether there will be a grace period, is currently unknown. Worldway Group will continue to monitor the situation and share any new information with you as soon as it becomes available.
In short, the termination of the Portugal Golden Residence Permit Program is a certainty, and this is a consensus among the Portuguese political community. This means the Portugal "Golden Visa" has truly entered the countdown! Time is running out for investors. It is recommended that interested investors make plans as early as possible and seize the policy window. Time is of the essence to ensure submission before the policy is announced and takes effect.
As a country in Europe suitable for living and tourism, Portugal's relaxed immigration policy is favored by countless applicants who aspire to obtain an EU passport. Whether for daily life, travel, or investment, Portugal can meet the needs of many, and more and more people are choosing to go to Portugal for various reasons such as tourism, immigration, investment, and study.
According to overall data since the implementation of the Golden Residence policy in October 2012, as of the end of April this year, 12,037 main applicants have been approved for the Portugal Golden Visa, along with 19,600 dependent applicants. Among them, the number of Chinese families approved remains firmly in first place, reaching 5,319 groups, accounting for approximately 44%, which shows the favor and recognition of the Portugal immigration program by Chinese investors. Furthermore, through the Golden Residence Permit Program, Portugal has attracted a total of 6.994 billion euros in investment, of which 6.22 billion was directly invested in the real estate market. This indicates that real estate investment remains the primary method of investment. Moreover, not only Chinese investors but also global overseas investors are optimistic about the positive development trend of Portugal's real estate and have a strong interest in it.
Currently, investors can apply for the Portugal Golden Residence Permit Program by purchasing property starting from 280,000 euros. This allows the whole family of three generations to apply for Portugal Golden Residence status, enjoy Portugal's generous social welfare and high-quality educational resources, and travel freely through 27 Schengen countries. Furthermore, upon meeting the corresponding conditions, children can participate in the Joint Entrance Exam for Overseas Chinese Students, allowing them to easily enter prestigious universities such as 985 and 211 institutions with lower scores and enjoy mainland higher education, which is truly a multi-benefit solution! At the same time, holding a Portugal Golden Residence Permit for 5 years and meeting the low residency requirement of 7 days per year makes one eligible to apply for Portuguese citizenship and obtain a European Union passport, enjoying the generous welfare benefits of EU citizens.
As one of the Top 500 Asian Brands, Worldway Group, as an immigration agency that promoted the Portugal Golden Residence Permit Program in China at an early stage, is joining hands with powerful Portuguese developers to grandly introduce another high-quality Portugal immigration project—Portugal duplex villa apartments, helping investors seize the opportunity of buying property for immigration in Portugal!
The project is located in the popular tourist destination of Alentejo, Portugal, with a convenient location very close to the beautiful Melides and Comporta beaches. The project is a gated residential community combining modern minimalist style with natural pastoral style. Users can enjoy independent private garden areas with good privacy. The project has complete supporting facilities, including a public swimming pool, public dining area, etc. The project covers an area of about 1,600 square meters. Each duplex villa will consist of 2 floors, with interiors using raw wood as raw materials and wood-tone decoration, eco-concept furniture, and floor-to-ceiling windows for lighting, making it comfortable and livable. The project complies with the Portugal Golden Residence Act, with an investment starting from only 280,000 euros, allowing the whole family to apply for Portugal Golden Residence status.
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 first immigration agencies in China to promote the Portugal Golden Residence Visa project in October 2012. In April 2013, we joined hands with the Embassy of Portugal in China to hold the "Portugal Golden Residence Program Launch Ceremony," introducing the Portugal Golden Residence Program to China and helping numerous investors realize their dreams of Portugal. Worldway Group is your trusted choice for handling Portugal immigration.
For more details, please send us a private message in the comment section, or call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852)2802 8798