The below Frequently Asked Questions (FAQ) and answers are targeted primarily to those non-European Union (EU) citizens who started the Portugal Golden Visa application process and entered into an investment contract or fund as part of the process to qualify for a Golden Visa. For those who have changed their mind about following through on the process due to the recent changes in the applicable law, due to changes in life circumstances, or any other reason, regardless of your nationality, we can assist you in terminating your investment and recovering as much of your investment as possible. The Golden Visa investments are often as high as 500,000 Euros (depending on when you started the Golden Visa application process). Here are the answers to Frequently Asked Questions:
How do I know who I can trust, including the law firm of Urban Thier & Federer, P.A.?
This is a frequent and excellent question. As set forth in some of our other Portugal Golden Visa related blog articles on this website, it is clear to us that almost all law firms involved in the Golden Visa process are conflicted in that they are directly or indirectly financially involved (common ownership, commission payments, etc.) with the very investment companies and funds that they are recommending. Urban Thier & Federer, P.A., has zero financial interest or involvement in these investments or funds. Moreover, if we agree to represent you, we handle the entire case on a No Win No Fee basis (there is a small upfront onetime cost deposit but zero fees unless and until we recover funds for you and then our fee is strictly limited to a percentage of those recovered funds). Accordingly, we only represent investors who are seeking to exit their Portugal Golden Visa investment. We have absolutely no other interest.
What if I am still weighing my options and am not sure how to proceed?
We are happy to discuss your unique case and to review your specific documents to determine whether we are willing to take on your particular case and work with you. However, we do not give tax advice, we do not give investment restructuring advice, and you should only retain our services if you wish to exit your Portugal Golden Visa related investment.
Why would I want to hire an international law firm when the matter involves a case in Portugal?
Being an international law firm, Urban Thier & Federer, P.A., is able to offer a No Win No Fee representation that covers our entire legal team, including our trusted and proven Portugal based attorney colleagues. Respectfully, you should be very cautious if a law firm requests a large fee retainer (sometimes tens of thousands of dollars or euros upfront) and bills you hourly for their work (often many hundreds of dollars or euros per hour). We represent Golden Visa investors seeking to exit their investments and recover their funds on a strict No Win No Fee basis. In other words, if we fail to recover money for you, you owe us nothing and any costs we advance on your behalf, in excess of your onetime upfront cost deposit, are written off.
Why is Urban Thier & Federer, P.A., so confident that it can terminate my Portugal Golden Visa investment contract and recover funds for me?
A: As set forth in some of our other Portugal Golden Visa related blog articles on this website, it is clear to us that there are multiple independent grounds for terminating the investment and seeking recovery of funds. To us, each prospective client is a separate case and we analyze your specific documents and circumstances before deciding whether we are willing to take on your case. We only agree to accept a case once we are confident that we have a winning strategy in place. Given that we are only accepting cases on a No Win No Fee basis, we only take on cases that we are confident will result in a successful recovery of funds.
Is there a Statute of Limitations/Prescription Period/time bar for taking legal action if I want to terminate my Portugal Golden Visa investment and recover my funds?
Firstly, there is no advantage to waiting to take action. Every cause of action and legal strategy involves different time bars. Every case involves different contract or investment dates, different deadlines for performance, etc. Our recommendation is that, once you have decided that you no longer wish to pursue a Portugal Golden Visa, or at least no longer wish to pursue the qualifying investment, you should take immediate action to enforce your rights via an attorney who is independent, selected by you and has a clear interest in your recovery, and no interest whatsoever tied to the underlying investment. In our extensive experience in representing investors in similar group investment situations, we also find that waiting can result in missing out completely on the ability to recover money. As an increasing number of investors terminate their investments, there often comes a tipping point where the overall investment may become insolvent and enter liquidation or other bankruptcy type proceedings. The more you delay in pursuing your rights, the less likely that you will be able to recover funds.
What are the next steps if I want to have Urban Thier & Federer, P.A., represent me to exit my Portugal Golden Visa investment and recover funds for me?
If you are interested in having Urban Thier & Federer, P.A., review your case, then please contact us via our Contact Us form, telephone, Chat, etc. There is absolutely no charge for us to evaluate your case and discuss your case with you. All communications with us are protected by the attorney privilege regardless of whether or not we accept your case. If we agree to accept your case, we will send you our standard written Legal Representation Agreement clearly setting forth the terms of our No Win No Fee/contingency fee representation and covering the entire legal team, including our trusted and proven Portugal based attorney colleagues.
We encourage all Portugal Golden Visa investors who wish to exit their investments, or who wish to explore their options, to do their own independent research. We are confident that the more educated you are as to your options, the more you will see the value of working exclusively with the Urban Thier & Federer, P.A., legal team, which includes our trusted and proven Portugal based attorney colleagues.
Urban Thier & Federer, P.A. works with trusted Porto-based attorney colleagues to represent, and enforce in the Portuguese courts, the interests of international clients with legal matters in Portugal. Our No Win No Fee legal representation agreement covers the entire USA and Portugal legal team. Contact us today at [email protected] or call 877-693-4516.