Changes to the Nationality Law in Portugal – A review of the current situation

Read the article published in Jornal ECO, which sets out the views of Gustavo Guimarães (Head of Investor Relations at Heed Capital) on the current situation regarding Golden Visas, following the latest amendments to Portugal’s Nationality Law.

Having raised over €100 million from golden visa investors—more than 370 clients representing 25 nationalities—Heed Capital assures that, as a fund manager, it has “scrupulously” fulfilled all its obligations and continually informs its investors that the rules may change, and as a rule we recommend that the process be overseen by specialist solicitors. “Our investors are generally discerning individuals who have made informed decisions and who understand that investing in a sovereign country means having to adapt to changes in its legal framework,” says Gustavo Caiuby Guimarães, Head of Investor Relations and member of the Board of Directors at Heed Capital.

“What we convey to them — and what we genuinely believe — is that their investment is protected, the fund is operating normally, and Heed Capital remains fully committed to supporting them at every stage of the process,” he adds.

Changes to nationality rules halt golden visa funds and open the door to litigation.

Read the full article here.

 

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