Recently, the Portuguese Immigration and Borders Service (SEF) announced the Golden Visa data for August 2023. In August 2023, a total of 64 main applicants and 72 dependent applicants were approved for the Portuguese Golden Visa, with an investment amount of 32.83 million euros. Among them, there were 12 main applicants from the United States, ranking first, followed by China (9), Brazil (8), Russia (6), and Turkey (5).
In terms of investment methods, among all approved applicants in August 2023, 42 applicants chose real estate investment projects, that is, obtaining the Golden Visa through property purchase, with an investment amount of 22.36 million euros, of which 13.499 million euros flowed into the 500,000 euro property investment immigration project; 8.859 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 Permit policy in October 2012. The data shows that by the end of August this year, a total of 12,561 main applicants had been approved for the Portuguese Golden Visa, with 20,241 dependent applicants approved. Among them, the number of approvals for Chinese families remains the highest, reaching 5,383 groups, accounting for 43%, indicating the love and recognition of Chinese investors for the Portuguese immigration project. Moreover, through the Golden Residence Permit program, Portugal has attracted a total investment of 7.247 billion euros, of which 6.401 billion euros were directly invested in the real estate market, indicating that property investment remains the primary investment method.
As a country known for its livability and tourism in Europe, Portugal's relaxed immigration policies have made it a favorite among countless applicants aspiring for an EU passport. Whether for daily living, tourism, investment, or education, Portugal can meet the needs of many people, and an increasing number of individuals are choosing to go to Portugal for various reasons such as tourism, immigration, investment, and studying abroad.
Recent news indicates that the Portuguese Parliament will re-examine the housing measures decree vetoed by the President of the Republic on September 21, which includes the termination of the Golden Visa, and plans to resume discussions with the President every two weeks starting on September 27, when the President will attend the Parliament for discussions. The new bill is expected to be announced for implementation in early October. For those intending to immigrate to Portugal, it is crucial to seize the last opportunity to obtain an EU passport through property purchase, taking advantage of the policy window and racing against time to complete submissions before the new bill is enacted.
Countdown to the "Golden Timeline" for Property Investment Immigration in Portugal
Opportunities to obtain an EU passport through property purchase are truly limited
Now is the time to catch the last train to the EU
Please seize the last investment opportunity
Investors must not miss out
This simple, fast, and cost-effective shortcut to obtaining an EU passport
Submitting applications now is still valid
Until the new law is officially published
Currently, investors can purchase property starting from 280,000 euros through the Portuguese Golden Residence Permit program, allowing three generations of the family to apply for Portuguese Golden Residence status, enjoy Portugal's generous social welfare and quality education resources, travel freely across 27 Schengen countries, and meet the relevant conditions for children to 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! More importantly, after holding the Portuguese Golden Residence Permit visa for five years and meeting the low residency requirement of seven days per year, one is eligible to apply for Portuguese citizenship and obtain a Portuguese EU passport, enjoying the generous benefits of EU citizenship.
As one of the top 500 Asian brands and a company focused on investment immigration for over 20 years, the WorldWay Group was one of the first immigration agencies in China to promote the Portuguese Golden Residence Visa program in October 2012. In April 2013, it collaborated with the Portuguese Embassy in China to hold the "Launch Ceremony of the Portuguese Golden Residence Program," introducing the Portuguese Golden Residence Program to China and helping numerous investors realize their dreams of moving to Portugal. The WorldWay Group is your trusted choice for handling Portuguese immigration.
For more details on property investment immigration in Portugal, please send us a private message in the comments section or call the WorldWay Group service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
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