Portugal Golden Visa – a Plan B for Hong Kong families and a gateway to Europe
January 25, 2025
Portugal has become a popular hotspot for property buyers and investors, so it comes as no surprise that both the Portuguese real estate market and the Golden Visa program have drawn significant interest from Hong Kong residents, who frequently aim to spend precisely €500,000 in a qualified investment fund. And for good reason – this exact (minimum) amount grants investors in Golden Visa-eligible funds the right to residency in the country under Portugal's Golden Visa program, unlocking a doorway to a stable and high-quality lifestyle within the Schengen area.
But before going any further, let’s check if you qualify for the Portuguese Golden Visa:
- You must be a non-EU/Swiss national;
- You must make a minimum investment of €500,000 into a Golden Visa-eligible fund;
- You must have a clean criminal record;
- You must provide the birth and marriage certificates of your family members;
- You must conduct all investment transactions through a Portuguese bank account.
Despite the changes to the Golden Visa Program in late 2023, which eliminated the option to invest in real estate to obtain a Golden Visa, the program remains active and appealing. Let’s find out why!
Ando Europe Fund powered by Optylon Krea
For instance, the Ando Europe Fund, an investment-based fund advised by Optylon Krea, offers an exciting investment for Hong Kong citizens. The fund presents an excellent opportunity if you wish to invest in the thriving hospitality business in prime locations across Portugal and selected European cities. And the best part is that it is Golden Visa-eligible!
The freedom appeal of Portugal
In recent years, China’s increasing control over Hong Kong has dimmed hopes that the Administrative Region will ever become a full democracy again. Civil rights are now curtailed, and this political alignment with Beijing has pushed many Hong Kong citizens to seek a new life elsewhere.
In comparison, Portugal is recognized for its political and civil freedoms, and its citizens are actively invited to participate in the political process, including democratic elections. Political dissent and opposition are also part of the democratic system of governance.
The family appeal of Portugal
Beyond the financial and political advantages, Portugal represents an opportunity to secure a better life for many, presenting itself as the perfect Plan B for families seeking to relocate. Data from the AIMA (Agency for Integration, Migration, and Asylum) shows an extraordinary 83% increase in the number of family applications in 2023, in comparison with 2022. The ‘golden rush’ to Portugal is expected to grow in 2025 with the country attracting many more investors seeking both portfolio diversification and lifestyle options in Europe.
The educational appeal of Portugal
An example of this is the increasing interest of Hong Kong citizens in the Portuguese educational system. Portugal has pride of place for its high-quality, affordable, and competitive international schools, offering expats the guarantee of a brighter future for their children. Compared to Hong Kong’s expensive private schools, Portugal stands out as a compelling opportunity for your children's education. Adding to that, many Hong Kong nationals consider Portugal a cornerstone for their families to get exposure to a European culture in a safe environment, while experiencing the intangible sense of community and freedom.
In conclusion, Portugal offers a unique blend of political stability, affordability, and a thriving and welcoming business landscape, ticking all the boxes for Hong Kong residents, whether they’re seeking a new home with their families or a place to make solid and lucrative investments.
Contact us today and learn more about how Optylon Krea – the pioneer and market leader in Golden Visa through fund investment since 2018 – innovative solutions such as Ando Living serviced apartments and its Golden Visa-eligible Ando Europe Fund can change your future and the future of your family.
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