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Portugal Real Estate Investment Immigration
Continuing Popularity! October Investment in Portugal Golden Visa Doubles
According to statistics from the Portuguese Immigration and Borders Service (SEF), investment in the Portugal Golden Residence Permit program doubled in October compared to September, reaching 74.2 million euros, up from 37 million euros in September.
Focus | New Regulations for Permanent Residency Applications under the Portugal Golden Residence Permit Officially Take Effect
On September 11, 2018, the Portuguese government issued the new decree No. 9, which officially took effect on October 1. This decree introduced a new provision regarding "the application for permanent residency by holders of the Golden Visa and their families": Article 65 -K (65-K): Holders of the Golden Visa and their dependents can easily apply for permanent residency after holding the Golden Residence Permit for five years.
Beneficial New Portuguese 'Golden Residence' Policy: New Naturalization Law Benefits Newborn Children
As one of the first EU Schengen countries to introduce a stable residency-by-investment program, Portugal provides a solid legal foundation for Golden Residence applicants through sound legislation and clear immigration policies. Portugal has now introduced updated laws for applicants who have obtained residency through property investment, benefiting the children of every Portuguese Golden Residence visa holder.
Requirements and Advantages of Portugal Property Investment Immigration
Portugal passed a new immigration law, Act No. 29/2012, which is an amendment to Act No. 23/2007. In accordance with this new act, the Portuguese Ministry of Foreign Affairs and the Ministry of Internal Administration issued Ordinance No. 11820-A/2012 on September 3, 2012, which became effective on October 8, 2012.
Residents Transitioning from Renting to Buying, Portugal's Real Estate Investment is Booming!
The exclusive estate project launched by WorldWay Immigration creates everlasting private wealth and private land for investors, allowing them to enjoy property appreciation or rental income from overseas real estate investments, while also enabling the entire family to apply for EU citizenship and enjoy the most-favored-nation treatment in the EU. This truly represents a win-win situation of both investment and immigration.
Are property prices in Portugal expensive?
With Portugal being so popular, what are its property prices like? According to Portuguese media reports, Portugal is one of the countries with the most affordable property prices in Europe. The price per square meter in Portugal is approximately 2,000 euros, whereas in the United Kingdom, it has reached 21,000 euros per square meter.
What are the costs of Portugal's property investment immigration?
In recent years, the Portugal Golden Residence Permit Program has become very popular, with an increasing number of Chinese families immigrating to Portugal through property investment. The cost of living and consumer prices in Portugal have also become a major concern for those looking to immigrate.