Portugal is a fascinating European country with breathtaking natural scenery, a long history and culture, and a unique charm. Known as "Europe's Hidden Garden," it attracts immigrants from all over the world. In recent years, Portugal's popularity as a vacation destination has continued to rise.
Recently, relevant data shows that in the first half of 2024, Portugal's tourism and accommodation industry saw significant revenue growth, with total revenue reaching 2.778 billion euros, a year-on-year increase of 12.3%. In the first half of 2024, Portugal hosted 14.3 million overnight tourists, a year-on-year increase of 4.5%, with a total of 35.5 million overnight stays. Overall, Portugal's tourism industry continued to maintain its growth momentum in the first half of 2024.
With the continuous development of Portugal's tourism industry, its economy has also seen a strong recovery. According to the World Economic Outlook report released by the International Monetary Fund, Portugal's GDP growth rate for 2024 has been revised upward to 1.7%, slightly higher than previous forecasts, with a projected growth of 2.1% in 2025. Furthermore, data released by the OECD shows that Portugal's real household income in the first quarter of 2024 grew by 6.7% quarter-on-quarter, ranking second among OECD countries. Portugal's real per capita income increased by 3.8% year-on-year.
Meanwhile, as the European immigration boom continues to heat up, Portugal, with its unique charm and advantages, has gradually become a favorite among global investors. As a member of the European Union, Portugal has shown a relatively open and friendly stance on immigration policy, attracting more and more overseas individuals to explore other possibilities for their lives. According to data from the Agency for Integration, Migration and Asylum (AIMA), more than 1 million foreigners were living in Portugal in 2023. This figure is the highest ever, an increase of 130% compared to 2022, equivalent to 10% of Portugal's total population. Over the past five years, the number of immigrants in Portugal has nearly doubled, increasing from less than 480,000 at the end of 2018 to 800,000 in 2022.
According to reports, the Minister of the Presidency of Portugal recently announced that operational centers for the Agency for Integration, Migration and Asylum (AIMA) will be opened in various regions across the country in September to process a backlog of 400,000 cases, with the largest center located in Lisbon. The Minister emphasized that the service centers launching in September represent a complex operation involving administrative management, document processing, face-to-face services, re-validation, collection of biometric data, and subsequent document issuance. This is also good news for immigrants.
Portugal, a country full of historical charm, not only possesses deep cultural heritage but has also won global attention for its pleasant climate and generous social welfare system. Here, you can enjoy the perfect combination of warm sunshine and a comfortable life, while also experiencing a comprehensive social security system and rich cultural and entertainment activities. If you are looking for an ideal country for immigration, Portugal is a choice worth considering.
Major Good News
EU Financial Investment Immigration
Purchase EU financial bonds to obtain EU country status
Globally limited issuance, exclusively launched by WorldWay
Purchase bonds and preferred shares of banks and insurance companies
While obtaining stable returns
You can also obtain a permanently renewable Portuguese residence permit that leads to an EU passport
A low-threshold, convenient opportunity to obtain an EU passport
Worth seizing
The Portuguese fund investment immigration program is a simple, fast, and safe path to immigration. The application requirements are simple, with no requirements for language, education, or business background, and the investment can be completed without needing to land. One application allows for three generations to immigrate, with fast approval. As a member of the European Union, the Schengen Area, and NATO, holding a Portuguese residence permit allows you to travel freely through 29 Schengen countries.
After obtaining Portuguese Golden Residence status, you can apply for citizenship as long as you reside for an average of 14 days every 2 years and have held the status for five years from the date of submitting the immigration application. Portuguese citizens can freely settle, work, live, and study in 27 EU countries. At the same time, according to the Agreement on the Free Movement of Persons (AFMP) signed between the EU and Switzerland, EU citizens (Portuguese citizens) can also travel freely to Switzerland, Norway, Iceland, and Liechtenstein. It can be said that holding an EU passport is equivalent to having a global ticket. It truly achieves global freedom of movement and is of extremely high value.
Currently, it is a great time to immigrate to Portugal. We advise interested investors to seize the opportunity and apply as early as possible! As a Top 500 Asian Brand and a group dedicated to investment immigration for over 20 years, WorldWay was one of the earliest immigration agencies in China to promote the Portuguese Golden Residence Visa program in October 2012. In April 2013, it partnered with the Portuguese Embassy 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 of living in Portugal. WorldWay is your trusted choice for handling Portuguese immigration.
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