Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986.
The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, at 128% of GDP in 2013, it stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in mid-2014.
With its mild climate, 3000 hours of sunshine per year and 850 kms of splendid beaches bathed by the Atlantic Ocean, Portugal is the perfect holiday destination all year round.
This is a country that has the oldest borders in Europe, with an exceptional range of different landscapes just short distance away, lots of leisure activities and a unique cultural heritage, where tradition and modernity blend together in perfect harmony. Its superb cuisine, fine wines and hospitable people make this a tourist paradise of the highest quality.
Situated in the extreme south-west of Europe, just a few hours from any of the other European capitals, Portugal attracts visitors from all over the world.
1.Clear and definite laws of immigration
Immigration laws clearly stated that the foreign investors who once invest EURO 500,000 would obtain Portugal residency permit, meanwhile visa-free to travel to 26 Schengen countries.
2.Immigration program of short term
The whole procedure may require only 8-12 months.
3.No requirement for residence
Only 7-days residence requirements for each year, and after 5 years the applicants could apply for the permanent residency.
4.Three generations immigration
Applicants could take their family (children, mate and parents included) to apply the Portugal PR.
5.Threshold is low, and zero risk
No requirement for language, education background and asset resources. It's safe to invest real estate without any risks for your funding.
1.Age over 18 years old for the principal applicant.
2.No criminal records.
3.Invest at least EURO 500,000 on Portugal real estate.
4.You could apply the permanent residence after more than five years investment;
5.Residence requirement: reside for 7 days for the first year and total resides for 14 days
for the following two years.
Step 1：Assessment before signature of the contract
Step 2：Official signature of the contract and operation after assessment
Step 3：Preparation of applying documents and immigration documents paper
Step 4：Deliver the Embassy checking documents and obtaining one-time Schengen Visa (about 15 days)
Step 5：Investigation in Portugal and purchase of real estate/ Purchase the property in China
Step 6：Signature of the purchase contract, fulfillment of the contract, full payment, completion of registration, preparation of immigration document for check
Step 7: Signature of purchase contract, fulfillment of the contract, full payment of the house, completion of registration, preparation of immigration document for check
Step 8: Obtaining notice for VIP residence visa within 5 to 8 months and handling residence procedures