Hello, I’m interested in the 200 - 250k art investment (e.g. feature film) option and would like to know if anyone has any experience with this. How do I find lawyer who has experience in this route?
Hi, I don’t have a lawyer reference, but I know an actor who might be interested in working with you on a feature film project. If of interest to you, I’ll chat to him and share contact.
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My wife and I are one of the few people doing the Arts investment path. In fact, if we get approved, we might be only the second visa approved for this path; I would guess definitely in the first five, at most. There certainly are not a lot of people who want to just give away their money, but we liked the idea of supporting a local art museum in the country giving us this opportunity.
It is important to note that all projects receiving visa money need to be pre-approved by the government, so you can’t simply give $250k to a local filmmaker and call it a day. This makes it somewhat important to either choose a recipient with pre-approved projects, or be ready to extend your timeline quite a bit while your desired recipient (if they are willing to deal with the government) receives approval.
PM me if you want a referral to our lawyer. They handled the first-ever approval for the Arts investment path, and have so far seemed like they know what they are doing. But we haven’t even received pre-approval yet, so I don’t have a lot to base that on other than our experience to this point, and speaking to the first recipient of the visa on this path. He gave a glowing review.
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How long have you been waiting for pre-approval? Are timelines similar for art vs real estate vs etc?
We only finished applying in late Oct for me, early Nov for my wife. Lawyer said the first Arts visa took longer because there was no process in place yet, but the government used the application to setup the process. So our donation recipient already had projects approved for this purpose.
Our lawyer expects our application to be merely as slow as everyone elses… 
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Hi Obhee - My wife and I are also considering this path. Any update on how it’s gone? and which attorney did you use? Sorry I’m a new user and can’t figure out how to PM you.
Why would you donate money to Portugal so you can sign up for this program when country and government don’t want you?
If you’re absolutely set on the GV, choose a path that is refundable. But i wouldnt do either, knowing what I know now.
I think investing in art, such as a feature film, can be a great opportunity. As for finding a lawyer with experience in this area, I suggest reaching out to your local bar association or doing some research online to find attorneys who specialize in entertainment law. Good luck with your investment!
What happened between your Jan 2023 and November 2023 post? Was your application rejected? In January it sounded like things were going well, and then your last post says you would never do it again.
No progress at all since flushing 250k down the toilet. Even my lawsuit was a failure.
Since the law changed such that the 5 yr period starts running on the date of application, are you just being treated as if you are in the 5 year period?
Well, as we have all recently found out in the parallel thread, that law does not seem to have been applied for the GV holders…
Ok thanks!
No one knows for sure.
Our GV attorney is speaking on the panel for a webinar on Nov. 20 on the art investment visa that I think will be helpful. Get Golden Visa - PT Cultural Investment Option Webinar
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Perhaps Ohbee would want to be a panelist on the webinar?
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He will add more value and throw more light on the state of affairs than all other panelists combined.
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LOL nice one