On August 21, 2023 (local time), the President of Portugal vetoed the draft bill regarding the "adjustment of the Golden Residence Permit program." The relevant proposal will undergo further discussion and revision before being resubmitted for presidential signature. Consequently, the current Portuguese Golden Residence Permit program will remain in effect until the new legislation is introduced, which is expected in early October. This means that the policy for applying for a Portuguese Golden Residence Visa through real estate investment remains valid!
For those interested in immigrating to Portugal, you should seize this final opportunity to obtain an EU passport through property investment, capitalize on this policy window, and race against time to submit your application before the new legislation is enacted.
As a country with high livability and tourism appeal in Europe, Portugal's relaxed immigration policy is favored by countless applicants aspiring for an EU passport. Whether for daily life, travel, investment, or education, Portugal meets the needs of many, and an increasing number of people are choosing to head to Portugal for various reasons, including tourism, immigration, investment, and study. Interested investors must seize the opportunity and catch the last train for property-based immigration. Currently, the Portuguese property investment immigration policy remains effective; as long as the new bill is not promulgated, the Golden Visa can continue to be processed. Investors should not miss this simple, fast, and cost-effective shortcut to obtaining an EU passport.
Currently, by investing in property starting from 280,000 Euros, investors can apply for Portuguese Golden Residence status for three generations of their family, enjoying Portugal's generous social welfare and high-quality educational resources. This allows for free travel across 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 gain admission to prestigious universities such as 985 and 211 institutions with lower scores, enjoying mainland higher education—truly a multi-benefit solution! More importantly, 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 benefits of EU citizenship.
As one of the Top 500 Asian Brands, Worldway Group, as one of the earliest immigration agencies to promote the Portuguese Golden Residence Permit program in China, has partnered with powerful Portuguese developers to grandly introduce another high-quality Portuguese immigration project—a Portuguese apartment hotel—to help investors seize the opportunity for Portuguese property investment immigration!
The project is located in the Lisbon Metropolitan Area, in an excellent geographical position between Cascais and Sintra, adjacent to the beach, in an area that combines sunshine, beaches, and a modern, prosperous lifestyle. The project is close to the popular tourist destination Carcavelos Beach, which is very suitable for surfing and kite surfing, especially since world-class competitions are held here in winter. The project is located in the city's main square, with complete surrounding facilities and mature restaurants and businesses. It has rich educational resources, with many higher education institutions and universities nearby. Transportation is very convenient, close to the city light rail and Lisbon International Airport. After the renovation is completed, the project will become an apartment hotel, consisting of 22 units, including 20 fully furnished apartments and 2 commercial storefront units. The project complies with the Portuguese Golden Residence Act; one person invests in the property, and the whole family can apply for Portuguese Golden Residence status.
As a Top 500 Asian Brand and the 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 partnered 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 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
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