India's Most Eminent Visas and Immigration Consultant

Start Your Free Assesment Here..

Where do you live?
Where do you want to go?
Complete our Free visa assessment form today to make the complex visa application process simple.

Quick Enquiry Pointer

Click here to submit

Quick Enquir


I agree with the T&C and Privacy Policy

Chinese flood Portugal visa market

November 2013, 11
EMAIL  Print A+
Chinese and Portugal flags
It has emerged that there were 318 visas issued to foreigners wishing to buy properties in Portugal in the last year and 80% of those were issued to Chinese nationals. Most of the remaining 20% went to Russians. The visas were issued under a program which encourages foreign investment in the real estate market.
Portugal brought in the visa option after their property market took a nosedive and this visa is similar to ones on offer from Cyprus, Greece and Spain. The visa gives investors a fast track if they make purchases of at least 2500,000 Euros, while Spain and Cyprus have lower limits. Visas can also be issued to anyone who can transfer 1 million Euros in capital to the country and will create more than 10 jobs. From next year, there are no limits on the numbers of people who can get visas under this scheme.
Following the introduction of the new visa, the commercial property market has seen spending increase to 161 million Euros in the six months since June and the residential property market has seen an increase of 60%.

HaHa , This number is not the website Hits count.
This is the Counseling Count.


Amazing Counseling Sessions
Offered, Free of Cost

Disclaimer - MoreVisas immigration service Pvt.Ltd. does not offer consulting on student visas/ Overseas jobs/work permits/international or domestic placements.
Chat Icon

Hi! How can we help you?

Click below button to start chat

chat icon