Yes, it HQA looks a lot like the German program, indeed! Does anyone know what the actual residency requirement is for HQA? I’ve seen some sources state that it’s the same as e.g. D7, others saying no minimum. It’s not a program I’ve dug deep into myself yet (although should probably do so), so I’m not quite sure about the details.
By the way, I’ve started hearing from various companies how they are scrambling to get those interested in before the new law would come into effect (or otherwise helping those potentially impacted by the changes). I figure it makes sense to include those in this thread. If you know of others, let me know or share!
Commercial real-estate investments
Mercan Group
- The upfront IAS legal fee is just €500 (which will let the lawyers start opening bank accounts, get tax number etc ASAP), with the rest due when application is submitted (which can also be reduced if contacting them here)
- For those who are willing to fly in and open the bank account (which is much faster than doing it remotely + you can apply for several at once and then use the one that activates first) they will provide free hotel accommodation for two nights
- Deed can be issued in three days or less from the transfer of investment funds, application submitted and “locked” within 24-48 hours after that
- Criminal records from home country is needed for the application, however the apostilled version can be submitted later
- If the law changes after the issuing of the deed and before the valid submission of the application, the investor will be refunded by the developer
- This program runs for a limited time (I believe until April 1, so they have capacity to help everyone that’s interested)
Rossio Palace
- If the law changes before application they will refund the investment
Fund investments
If you want to go the fund route, it’s important to choose a fund that has already raised enough capital and are now “active”. This includes many of the most popular funds, such as Lince Innovation Fund II, Pela Terra Farmland, and Prima Europe. Listed/open-ended funds like Optimize Portugal, IMGA Ações Portugal, and Sixty Degrees Ações Portugal would also make good candidates.
Residential real estate
This is more for those who already have purchased residential real estate that they are not using themselves that want to make sure they qualify for renewals: Property Finder Portugal has a long-term rental program that may come in handy.
Art/cultural donation or investment
If you feel more comfortable with this path, I think the best law firm to reach out to is Edge as they are the ones most experienced with this path. I believe @ohbee used them, for example.