Portugal Golden Visa

HARVEY LAW GROUP PRESENTS A STRATEGIC OPPORTUNITY FOR GLOBAL INVESTORS IN 2025 The Portugal Golden Visa offers a strategic opportunity to non-EU nationals, regardless of their current place of residence. Whilst the Portugal Golden Visa is widely known, somehow the recent change in law, removing real estate investment as a qualifier for the programme, has led many to believe that Portugal Golden Visas are no longer available. Let us reassure you that this is not the case. The Portugal Golden Visa real estate option has been withdrawn, but other options remain such as placing EUR500,000 in an investment fund, or making a EUR250,000 donation through public entities or private foundations with public utility status towards the support of approved artistic production or national cultural heritage. To date, the investment fund option remains the most popular amongst investors. Many Hong Kong residents, regardless of nationality, have already taken active steps towards this. Some are planning ahead to give themselves retirement options, while others are looking at the education opportunities it will give to their children to study not only in Portugal but anywhere in the EU. English language postsecondary degrees flourish within the EU and are generally less expensive than courses charging overseas fees to international students. Since COVID, we have observed a surge in the desire to secure EU residency and citizenship. Now that the real estate option has been withdrawn, the investor profile has changed. Numerous investors see the investment fund option as an at tractive way to diversify their investment portfolios, limit currency risk exposure and tap into the European market. New investment funds are being set up on a weekly basis, and so it is crucial to work with experienced lawyers who can ensure the funds are compliant with the Por tugal Golden Visa rules. Through due diligence, lawyers can present a choice of investments to find one (or several) that matches their clients’ risk profiles. As of today, the Portugal Golden Visa is the only European Golden Visa programme that sets the investors (and their family members) on a path for permanent residency and citizenship after five years without requiring physical presence in the country for more than seven days per year (or 14 days in ever y two years). If you are considering Portugal as a possible destination of choice or even simply as a possible back-up plan, you may contact Harvey Law Group. With over 32 years of experience in investment residency and citizenship programmes all over the world, we would be happy to advise on the destinations and programmes most suited to your personal goals. 5-DAY ITINERARY FOR FOODIES For a taste of Portugal’s beautiful coastline, history-rich towns and mouth-watering cuisine, we can suggest the following five-day itinerary: Day 1 ⇢ Lisbon -Take in Lisbon’s pretty terracotta-tiled skyline from Miradouro da Senhor a do Monte viewpoint: glimpse domed cathedrals , cobbled alleyways and the mighty River Tagus -Make a beeline for Belém, Lisbon’s histor ic and laid-back old town. Near the vast Mosteiro dos Jerónimos, the popular Pastéis de Belém patisserie is famed for its Pastel de Nata (egg tarts) -Eat Petiscos (Por tuguese tapas), while listening to Fado, the bittersweet music that has been Lisbon’s soundtrack since the 19th Century Day 2 ⇢ Sintra -Take the 30-minute train ride from Lisbon to Sintra, a charming hillside retreat. Visit Palácio da Pena, with its fairy-tale turrets and domes, and the glorious gardens and grottoes at Quinta da Regaleira -Soak up the dazzling views from the Santuário da Peninha, almost 500m above sea level . Walk the breathtaking cliffs to gl impse Praia do Guincho, Cascais and Cabo da Roca lighthouse, the westernmost point of mainland Europe -Eat Bacalhau à Brás (salted cod, onion, garlic, potato fries, egg and coriander) or Cataplana de Marisco (seafood stew) Day 3 ⇢ Porto -Fly to Porto (one hour from Lisbon) to explore the picturesque birthplace of port wine. Cross Dom Luís I Bridge for stunning views of the Douro River and stop by a port wine cellar for tastings -Visit Livraria Lello: ‘the most beautiful bookstore in the world’. With its sweeping staircases and stunning art-nouveau decor, it’s said to have been the inspiration for JK Rowling’s Hogwarts -Eat Cozido à Por tuguesa (various meats and offal boiled with rice, beans, potatoes, carrot and cabbage). Weird but delicious! Day 4 ⇢ Douro Valley -Book a day tour from Porto to visit the Douro Valley’s UNESCO listed, terraced vineyards, and enjoy the wine tastings Day 5 ⇢ The Algrave -Fly to Faro (one hour from Porto) for a firsthand glimpse of the Algarve’s beautiful beaches -Hop on a boat to take in Praia da Marinha’s towering limes tone clif fs and the mysterious marine grottoes of Algar de Benagil -Eat Amêijoas à Bulhão Pato (clams in a garlic, olive oil and wine sauce), Arroz de Marisco (seafood rice) and Sardinhas Assadas (grilled sardines)