Portugal highlighted in Chinese real estate investment site

September 16, 2019 Jornal Económico Rodolfo Alexandre Reis Noticias ao Minuto
September 16, 2019
Jornal Económico
Rodolfo Alexandre Reis
Noticias ao Minuto

Portugal features prominently on the Chinese real estate investment website Juwai, which in its newsletter features an article from the South China Morning Post, where it is revealed that international property consultants point to an increase in Hong Kong's interest in housing programs. immigrants and investors in Portugal.

Portugal's low cost of living, Mediterranean climate, rich history, and security are seen as attractive 'business cards' for Hong Kong, analysts say.

The Gold Visa program grants you the right to live, work and study in Portugal, in addition to visa-free travel in the 26 countries of the Schengen area of ​​Europe and, if necessary, a legal residence if you apply successfully. A citizen will also be eligible for this program if they purchase at least 350,000 euros in assets.

Between April and June this year, Chinese and Hong Kong demand for Portuguese real estate shot up 40.4% from the previous year, the highest number of consultations in any quarter since 2016.

This article is an abbreviated version of the original. To read the full article, click here.

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