Portugal GV - Cost saving if applied in Portugal

Residencies & citizenships Portugal Golden Visa 🇵🇹
1

Hello
We are comtemplating applying for GV using investment route. We are 5 members in family - and UAE agents for GV are quoting very high prices for the process.

For people who have applied - does it make sense to go to Portugal and apply with local agencies over there? Does this shave off a few k Euro + few weeks? I will be searcing for local recommendation of lawyers/agencies for this process in this forum.

We like PT and this will be our holiday break every year.

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Generally you do not need to hire anyone in your home country for this process.
I made this mistake myself initially, so you can learn from it and don’t repeat :smile:

Hire PT-based lawyers directly, there is plenty of recommended firms you can find on this forum.

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I too am in your position in the process and I completely agree with @tommigun that you should go for PT lawyers only. My queries have also shown that UAE-based agents are not only substantially more expensive but will also need to charge you a further 5% VAT on their fees. It’s very likely that they too will eventually use the services of PT lawyers only.

‘does it make sense to go to Portugal and apply with local agencies over there’ - I am not sure you need to go there at all. You can coordinate over video calls and get the process going. I am told that one needs to personally go to PT only for the biometrics. I’ll be happy to be corrected if my understanding is incorrect.

For utmost clarity - the recommendation is to work with lawyers/law firms directly. No need for an additional ‘agency’ even in PT.

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I understand the only additional need to visit before the biometrics may arise in the PT-bank account opening process.

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Thank you - I just needed this advice.(I knew it all along - but needed that reconfirmation)
I am in AMS next week - so can take a short flight to PT and meet them in person.

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Again, generally it is not required to visit Portugal in person in order to hire a law firm there. You can easily sign the engagement letter remotely.

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Best wishes and good luck for PT GV. By the way, which fund have you invested OR planning to invest ?