Recently, the Portuguese Parliament passed an amendment to the Nationality Act: "For the purpose of calculating the legal residence time stipulated by this Act, the time spent applying for a temporary residence card will also be taken into account, subject to approval."
In other words, regarding the time for an applicant to apply for naturalization, the previous regulation requiring the calculation of "5 years" of holding a card after receiving approval will now be stipulated by this Act as: the applicant can apply for naturalization upon completing 5 years from the first day of submitting the immigration application, which will significantly shorten the waiting period for naturalization for applicants.
For example: If an applicant applies for residence in January 2024, they can submit a naturalization application in January 2029; if an applicant applied for residence in January 2023, they can submit a naturalization application in January 2028, even if they are still waiting for approval from the immigration authorities.
The attitude of the Portuguese government is clear: Portugal welcomes Golden Residence clients to naturalize. The naturalization period will be calculated as 5 years from the first day of submitting the immigration application, which will significantly shorten the naturalization time. This is very cost-effective and friendly for clients. The amendment to the new Nationality Act applies to all applicants who have not yet submitted a naturalization application, and investors who have already submitted their Portuguese immigration applications can also enjoy this favorable policy. However, the new bill has not yet come into effect. After receiving the proposal, the President has an 8-day deadline to choose to promulgate it, and it will take effect one month after official publication. Applicants can wait patiently. Worldway Group will continue to pay close attention and will share any new information with everyone as soon as possible.
In addition, recently, Portugal officially passed and promulgated Regulatory Decree No. 1/2007, which updates the "Legal Regime for the Entry, Stay, and Exit of Foreign Citizens," and published it in the Diário da República. The purpose is to facilitate necessary adjustments to the restructuring of SEF and to adopt measures to modernize and simplify administrative procedures, ensuring that AIMA (the organization replacing SEF) can timely process the backlog of pending applications and make decisions on cases related to the residence of foreign citizens within the national territory, given the increased security requirements.
Among these, regarding family reunification, corresponding automation will be introduced, and an online platform will be created for this purpose; that is, family reunification applications can be submitted online, and other residence permit application services may also be provided in the future. This is a decisive step in improving services for immigrant citizens, making the modernization and simplification of administrative procedures possible. Moreover, the new regulations also allow for the submission of residence permit applications and renewals through the website, using digital services to accelerate the processing of a large number of legacy immigration cases. In short, immigration law will strongly focus on promoting digitalization and online services to improve efficiency.
The two major favorable policies promulgated by the Portuguese authorities in early 2024 are sufficient to show that the authorities are gradually making countermeasures to address issues such as the backlog of cases at the new immigration agency and waiting times. It is believed that more favorable policies for applicants will be released in the future. Once again, congratulations to the applicants who have successfully processed and submitted their applications; you can continue to wait patiently. Prospective applicants who have not yet processed their Portuguese immigration should seize the time to do so.
As everyone knows, on October 6, 2023, local time, the Diário da República of Portugal published the new Housing Act, in which the real estate investment immigration program in Portugal was completely ended, and no new real estate investment immigration applications were accepted from October 7. However, Portugal has retained the 500,000 Euro fund investment immigration policy, meaning that applicants can obtain Portuguese Golden Residence status for three generations by purchasing designated funds in Portugal worth 500,000 Euros. The two key elements of immigration are timing and choice! Those who seized the policy dividends have already realized their immigration dreams, while investors who have missed out should grasp the present and hurry to get on board.
Immigration is a comprehensive planning process, and choosing a formal, professional, reputable, and well-regarded immigration agency is very important! Only a powerful immigration company can truly help immigration applicants successfully complete their immigration. Worldway Group, one of the Top 500 Asian Brands, has been focusing on investment immigration for over 20 years and is a pioneer and active promoter of European investment immigration projects.
◆ In early 2012, Worldway Group was one of the first to promote the Cyprus Investment Program in China and positioned the key investment area in Paphos, starting a wonderful journey of European investment immigration for the Chinese immigration industry.
◆ In January 2013, Worldway Group launched and organized the "2013 European Immigration Year" nationwide and organized 4 large-scale "European Property Exhibitions" in Beijing, Shanghai, Shenzhen, and Qingdao, sweeping the wind of European investment immigration across China.
◆ In April 2013, Worldway Group, in collaboration with the Embassy of Portugal in China, held the "Portugal Golden Residence Program Launch Ceremony," introducing the Portugal Golden Residence Program to China.
◆ In July 2013, Worldway Group, in collaboration with the Embassy of Greece in China, held the "Greece Real Estate Immigration Landing in China Launch Ceremony," introducing the Greece real estate immigration project to China.
◆ In November 2018, Worldway Group, in collaboration with the Ministry of Economy of Moldova and the Embassy of Moldova in China, held the "Moldova Citizenship by Investment Program Landing in China Launch Ceremony" simultaneously in Beijing, Shanghai, Guangzhou, Shenzhen, Qingdao, and Hong Kong, introducing this project to China.
◆ In April 2019, Worldway Group, in collaboration with the Embassy of Turkey in China, the Consulate General in Shanghai, and the Consulate General in Guangzhou, held the "Turkey Citizenship by Investment Program Official Release and China Launch Ceremony" simultaneously in Beijing, Shanghai, Guangzhou, Shenzhen, and Qingdao, officially introducing the Turkey Citizenship by Investment Program, which has attracted the attention and expectations of global investors, to China.
◆ In November 2019, Worldway Group, in collaboration with the Montenegro Immigration Bureau and the Embassy of Montenegro in China, held the "Montenegro Citizenship by Investment Program Grand Landing in China Release and Launch Ceremony" simultaneously in Beijing, Shanghai, Guangzhou, Shenzhen, Qingdao, and Hong Kong, introducing the Montenegro Citizenship by Investment Program to China.
Worldway Group has been deeply involved in the European investment immigration industry for many years, possesses an innovative spirit, dares to be the first in the industry, promotes industry development with professional and excellent business capabilities and comprehensive and perfect services, and opens a convenient channel for investors to European countries through good government relations, helping many families realize their European dreams.
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
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Note: 1. Within the scope permitted by law, the right of interpretation of this promotional activity belongs to Worldway Group. 2. The EB-5 capital obtaining the first-priority mortgage requires meeting certain conditions; please refer to the official English investment documents of the project for details. 3. This material and any content therein do not constitute any form of offer and are for reference only. To improve readability, the information published in this material has been excerpted and summarized. Any detailed information of a legal nature should be based solely on the English investment documents provided by the project party at the time of formal subscription. 4. Investors should make their own investment judgments and decisions based on the official English investment documents of the project. Investment involves risks, and choices should be made with caution. 5. The regional center of the "Hilton Hotel in University Town" does not participate in the management of the project or conduct proposed solicitation activities. The regional center does not provide investors for the project, nor does it participate in fundraising activities.