What do you know about HQA Residence program of Portugal? In articles about Portugal residence permit for investors, in 90% of cases only the Golden Visa is mentioned. Moreover, this program has long been irrelevant. Firstly, because of the bureaucratic crisis, when local officials tried to transfer the authority to consider applications from the SEF to another department. Because of this reform, the Portugal Golden Visa program was on pause for six months. Secondly, due to the fact that local officials “ blame” the program for issuing a residence permit in Portugal for real estate in the rise in prices on the market. As a result, they want to either completely cancel this program or make significant changes. Thirdly, the European Commission is clearly negative about the “ golden visas” in general. So, is it worth considering Portugal now for those investors who want to get a residence permit there? Yes, Portugal is an interesting option. Dual citizenship is allowed here, there are tax benefits for new residents. But instead of the “ Portugal Golden Visa”, we recommend that you pay attention to the HQA Residence program for entrepreneurs.
According to the requirements, candidate may obtain a HQA Residence permit on the following grounds:
- Employment contract with a local company
- Service agreement for the provision of services.
- Special partnership agreement.
We propose the third option. A partnership agreement is signed either with a business incubator or with one of the universities in Portugal. The total cost of the turnkey design is €170,000.
