Latest news: The self-service online renewal function for residence permits on the former SEF website of Portugal has reopened, allowing residence cards that expire before December 31 to be renewed online as before.
If the residence permit expires after January 1, 2024, online renewal is temporarily unavailable. Worldway will keep a close watch and share any new updates as soon as they arise.
As you may know, on October 6, 2023, the Diário da República of the Portuguese Republic published a new housing law, which completely ends the real estate investment immigration program in Portugal. Starting from October 7, new applications for real estate investment immigration will no longer be accepted. For those wishing to immigrate to Portugal through real estate investment, the opportunity will no longer exist, and the message to act quickly is not just a saying.
The two key elements of immigration are timing and choice! Those who seize the policy benefits have already realized their immigration dreams, while investors who have missed the opportunity should grasp the present and act quickly. In fact, regardless of which country one wishes to immigrate to, early action is essential, as immigration is highly related to the policies of the respective country. Who can predict changes in a country's immigration laws? To obtain the desired status, the only thing one can do is seize the moment! Identity planning leaves no room for hesitation.
Recently, immigration plans in various European countries have undergone changes. For those interested in immigrating to Europe, Greece is a good choice. As one of the few projects in the immigration market that allows for quick acquisition of an EU country green card, the Greek real estate investment immigration program is very cost-effective among European countries. The application requirements for this program are lenient, with no educational, language, management experience, or residency requirements, and it allows for applications for Greek permanent residence visas for the entire family across three generations. Additionally, it enables free movement within 27 Schengen countries, access to Greek education, healthcare, and other social welfare benefits, and upon meeting the conditions, one can apply for an EU passport while also acquiring property with permanent ownership—there are numerous advantages!
Currently, it is an excellent time to immigrate to Greece. Since August 1, the investment threshold for the Greek Golden Visa has officially doubled from €250,000 to €500,000 in certain areas! According to the amendment, regions such as Eastern and Western Attica and Piraeus will maintain the €250,000 policy, and it will continue to allow investment combinations through the purchase of multiple properties to meet the threshold amount. For investors, this represents a new opportunity following the price increase in Greek real estate investment immigration. Investors choosing to purchase properties starting from €250,000 in non-price-increase areas can still apply for Greek permanent residence visas for the entire family across three generations, making it a cost-effective choice.
For those wishing to immigrate to Greece, currently choosing properties in non-price-increase areas such as Piraeus is a good option, and the property prices in this area are still relatively stable. According to the latest Greek real estate data, property prices in Piraeus increased quarter-on-quarter, comparable to core areas. Among them, the area adjacent to the policy change zone, Piraeus, is expected to become a popular choice for investors!
Piraeus is Greece's largest port and one of the top 50 container ports in the world, as well as the largest container port in the eastern Mediterranean. The entire Piraeus area is equipped with complete supporting facilities, including large supermarkets, subways, outlets, Chinese restaurants, shops, freight services, yacht marinas, theaters, and sports facilities, making it a beautiful and economically prosperous area. The development of the Piraeus area has rapidly advanced, and surrounding property prices have become one of the fastest appreciating areas in Greece, with unlimited potential for future appreciation. Whether for investment or personal residence, it is an excellent choice! The minimum investment threshold in the Piraeus area is only €250,000, allowing three generations of a family to obtain high-value status!
In collaboration with Worldway and a reputable Greek developer, we are excited to introduce another significant Greek real estate investment immigration project, "Greek Piraeus Apartments," located in the non-price-increase area of Piraeus. The project boasts a prime location in the Athens coastal corridor, adjacent to the largest port in the Mediterranean, Piraeus. The project has a well-developed transportation network, close to three newly opened metro stations, and within walking distance to numerous bus stops, making it convenient to reach various parts of Athens and enjoy commuting ease. The project is well-equipped with surrounding amenities, including large shopping centers, famous tourist attractions, sports venues, hospitals, and international schools, ensuring a convenient lifestyle. The rental market for the project is active, situated in a popular area for long-term and summer vacation rentals, with broad development prospects. The project is designed by a top architectural team from London, featuring modern luxury designs and spacious balconies, with top-floor units offering views of Piraeus port. Each unit includes a private garden/balcony/terrace, making it suitable for both investment and personal use. The project meets the requirements of the Greek Golden Visa program, with property purchases starting from €250,000, allowing the entire family to obtain Greek permanent residency in one step.
As you know, immigration is a long and complex process. Once investors and their families obtain citizenship, they will have lifelong ties with the country, and many aspects of citizens' lives and careers may require assistance from the government in providing valid documentation. All these matters rely on intermediary agencies that maintain good relationships with the government. It can be said that Worldway is a trustworthy choice for investors immigrating to Greece.
In July 2013, Worldway Group collaborated with the Greek Embassy in China to hold the launch ceremony for "Greek Property Immigration" in China, introducing the Greek property immigration project to the Chinese market. Since then, the ancient civilization of Greece has opened its arms to welcome new Chinese immigrants, marking the official beginning of Chinese investors establishing their "second home" in Greece! Now, in 2023, the Greek property immigration program's entry into China celebrates its tenth anniversary, a significant milestone.
Over the past ten years, Worldway Group has maintained good interactions with the Greek government, with senior executives meeting with dozens of dignitaries, including the Greek Ambassador to China, Commercial Minister, Consul, and immigration officials.
After the price increase in Greek real estate investment immigration, properties in non-price-increase areas may become highly sought after. Those interested in immigrating to Greece should contact Worldway as soon as possible, as quality properties are in short supply.
For more details, please send us a private message in the comments section or call Worldway's service hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798