Chinese citizens to actively get "golden visas" in Portugal

Chinese citizens to actively get "golden visas" in Portugal

The Chinese have been the most active investors in real estate Portugal worth over €500,000 in order to obtain the so-called "golden visa" – a residence permit. According to the Portuguese Government on 28.02.2015, the investor program within last 2.5 years has attracted 2,088 foreigners to the country, out of which 1,777 – the citizens of China, namely 85%.

According to this program, the foreign investor buys a property for at least €500,000 or invest from €1 million to the economy and claim to a residence permit in Portugal, which can be renewed annually, and after six years can apply for Portuguese citizenship.