Think Portugal lost its shine when they scrapped the real estate route? Think again.
In this episode of Global Investment Voice, Mona Shah and Rebecca Singh bring back immigration expert Tiago Gali Macedo to discuss Portugal’s Golden Visa Program. They dig into the route, which is stealing the spotlight, the cultural heritage donation. At a price tag of €200,000- €250,000 for Portuguese residency it’s less than half the cost of the popular €500k fund route and buys you the exact same residence permit. The same Schengen residence, right to live, work and study, but a smaller check.
However, before you book your flights there are some questions worth answering. What safeguards exist to ensure cultural projects are vetted? Where does your money go? And, with no return of capital, is the cultural route simply the most expensive option in disguise? Tiago breaks it all down for you including why an investors position is more protected than expected.
There is also a hint at something new on the horizon, can you keep the secret?
If you are weighing up residency options and exploring routes to Europe or trying to get the most out of your money, we deliver the answers to make your decision easier.
“Investing 500k in a fund or several funds and 200 or 250 as a donation, you have exactly the same permit with all the same benefits, all the same possibility to get to nationality” – Tiago Gali Macedo
Tiago Gali Macedo
Tiago Gali Macedo is the managing Partner of Next – Gali Macedo & Associados, an international award winner of Legal Awards since 2013, namely Immigration Law Firm of the Year, Real Estate Law Firm of the Year, Boutique M&A Law Firm of the Year, Insurance Law Firm of the Year, consistently ranked among the Top 25 Global Immigration Attorneys by Uglobal Magazine and member of IMC.
Before founding this Firm, he gained invaluable experience working at renowned law Firms, such as Simmons & Simmons Rebelo de Sousa and PricewaterhouseCoopers Portugal.
Next – Gali Macedo & Associados is a multidisciplinary Firm with offices in Porto, Lisbon, and Brussels, and its primary areas of expertise encompass Immigration Law, Mergers & Acquisitions, and Foreign Investment. Tiago Gali Macedo also led a career as Professor at various universities, such as Lusíada University (Portugal), Oporto Business School (Portugal), and Baltimore University (USA). Following an academic path focused on fields such as Labor Law and Corporate Law [with a post-graduation in Labor Law (Portugal) and a 2nd Cycle at the Santiago de Compostela University (Spain), he is currently concluding his PhD at Salford University (UK). He started pursuing Immigration Law as a new area of expertise, being now one of his areas of proficiency, frequently as a panelist in some of the main Immigration events held worldwide.