Since the beginning of this year, traditional immigration countries have either raised their thresholds or tightened their policies, making immigration increasingly difficult. In response to the growing market demand, many European countries have extended olive branches at the beginning of the year. Portugal, due to its special status as a Schengen Area and European Union member, along with its flexible investment options and quick visa approvals, has attracted considerable attention from investment immigrants.
However, within less than a year since the launch of Portugal's "Golden Residence Permit Program," the relatively low application threshold and high added value have led to a significant increase in the number of people visiting Portugal to inspect properties this year. Immigration experts who were the first to promote Portugal's "Golden Residence Permit Program" believe that the introduction of Portugal's investment immigration policy signifies that all EU countries are opening their doors to investors.
However, experts also remind that "buying property for immigration" is closely related to macroeconomic policies. Host countries often hope to revitalize the local real estate market by attracting investments. Once property prices are driven up, relevant policies may be halted by the government, similar to the situations in Macau, China after April 2007, Hong Kong, China after October 2010, and Singapore after January 2011, all of which subsequently stopped their property purchase immigration policies.
