"Most of the properties brought by Shanghai real estate developers this time are located in the surrounding suburbs, and the prices have increased, with the total price of a house basically being over 3 million." said a middle-aged man in his 50s.
"Either the unit price is too high, the area is too large, or it is too far away with inconvenient transportation. We cannot accept any of these, and there are really very few options." A couple expressed their disappointment with the properties brought by the Shanghai real estate exhibitors.
In contrast, the European Pavilion was extremely popular. Worldway Immigration, together with dozens of well-known developers from Cyprus, the birthplace of the Mediterranean goddess of love, and Portugal, a major Western European power, brought thousands of properties including full sea-view villas, boutique apartments, townhouses, and mountain mansions. These properties feature exquisite designs, eco-friendly materials, complete supporting facilities, and are located in highly sought-after areas.
With a minimum investment of 300,000 to 500,000 Euros, one can obtain permanent property rights for villas in Cyprus and Portugal, acquire residency status, enjoy the convenience of traveling across Europe, and receive the same treatment as local residents regarding children's education, which is very attractive to Shanghai citizens.
Mr. Liu said: "Domestic houses now cost three or four million, while European properties start from 300,000 Euros, which is cheaper than in Shanghai. Most importantly, the cost-effectiveness is high. Not only do you get a house that can be passed down through generations, but you also gain residency status and certain benefits, making it easier for children to develop there. Moreover, Cyprus is a tax haven, the cost of maintaining a property is very low, and the rental income is quite good."
It is understood that many prospective buyers are purchasing properties to achieve the goal of immigration, but for others, immigration is merely an added benefit, while investment appreciation is the ultimate goal.
"In fact, property purchase and immigration are inseparable." Experts from Worldway Immigration remind investors that for those buying property overseas, it would be difficult to manage the property without residency status. For example, living in, renting out, and maintaining the property would require applying for short-term visas at the embassy. Not only is the visa application process cumbersome each time, but there are also restrictions on the length of stay. Therefore, if one wants to invest in property overseas, one needs a status that allows free movement, and the best and fastest way is to obtain a permanent residence visa in the country where the property is purchased.
Currently, there are not many countries with "property-investment immigration" policies. After countries like Australia, Canada, and New Zealand tightened their investment immigration policies, and influenced by the European debt crisis, traditionally conservative European countries have gradually opened up their immigration policies. Since last year, Cyprus and Portugal have successively issued property-investment immigration policies, becoming the "golden keys" for Chinese investors to enter European countries.
This time, Worldway Immigration has led a high-profile delegation of European real estate developers to enter the Shanghai market, bringing new models of property-investment immigration and numerous favorable offers, which will have a significant impact on the investment-oriented property market in Shanghai and even the entire Yangtze River Delta region.
