22 Acquisition International - Issue 1 2022 Furthermore, it is important to note the growing number of expats and digital nomads who want to reside and work in Portugal, namely for IT companies which require specific legal assistance and expertise that are also ensured by the Private Client team. Aside from the specificities of the Private Client area, ABV ADVOGADOS continues to be a full-service law firm that ensures an integrated response to clients, in close collaboration with all members of the various practice areas. An essential factor in the success of ABV ADVOGADOS has been the investment in internationalization that has been embraced by its partners. In addition to including people of different nationalities in its team and having a regular presence at international conferences and events, the law firm has established international alliances and partnerships which currently constitute a fundamental part of its core. “We have established solid partnerships with many colleagues and partners in different countries and we are honoured to belong to the Alliott Global Alliance, a reputable international network of law and accounting firms. These partnerships and this integration have allowed and continue to allow us to regularly receive clients of all nationalities, but it also permits us, and it is very important to emphasize this, to guarantee legal and tax advice to our own clients in a timely manner in all, or almost all, of the countries in the world” says António. However, the main reason for the success of the firm is the relationship maintained with the clients, supported by a dedicated and diligent team. He quotes Fernando Pessoa, a Portuguese poet, and tells us “Put everything you are in the smallest thing you do”, and he goes on to say, “This is what we try to convey to everyone who works in the office. It is not enough for us to be technically irreproachable. We must go further. Dedicating ourselves tirelessly to the client. Paying attention to every detail. Being a part of their business, getting to know the lives of the clients and their families, their needs, interests, goals and even their fears, and thus we will be able to serve better, find the best solution and provide an excellent service.” Dec21675 ABV ADVOGADOS FOR SUCCESS o respond to the growing trend of foreign clients seeking Portugal as a place to live or invest, ABV ADVOGADOS has developed a “Private Client” department that is especially dedicated to these clients, and today it is commonly recognized as a reference in this area. It is due to this fact that, with full merit, the firm was awarded the “Leading Private Client (Visa and Tax) Law Firm of the Year, Portugal - 2022”. According to António Paula Varela, Managing Partner of the firm, “it is with great satisfaction that we receive this award. It is, without a doubt, an honour and recognition of the work we have been developing and of the excellence of the team. I look at this award, and above all, as a responsibility and an extra motivation to, always and anywhere, do more and do better.” Let’s find out a little more about ABV ADVOGADOS and its “Private Client” practice area. The firm was born and developed as a law firm especially dedicated to business law and to providing legal advice to Portuguese and foreign companies with activity in Portugal and in the Portuguese-speaking African countries. As it is uncommon, it is worth noting the firm’s significant experience in providing legal advice to international companies within the energy sector, especially in Angola and Mozambique. In addition to commercial, corporate, employment, tax, and real estate law, the firm has an important role in litigation and company restructuring, including insolvencies. In recent years new challenges have emerged. Portugal has always been a beautiful, safe, welcoming country with an excellent quality of life. The Portuguese golden visa program and the well-known nonhabitual residents tax regime, which grants tax benefits to foreigners who choose to live in Portugal. These have placed Portugal as one of the most attractive destinations worldwide for relocation and one of the most popular countries in terms of investment residence permits and second nationalities. According to the same partner of ABV ADVOGADOS, suddenly and specifically since 2014, they began to have dozens of foreign clients applying for the golden visa, the D7 visa and the non-habitual residents tax regime. On the other hand, due to legislation that allows the attribution of Portuguese nationality to descendants of Sephardic Jews, the number of people applying for a Portuguese passport through this means has substantially increased. This boom led the firm to develop a multidisciplinary team dedicated to these new clients and to all other foreigners who wish to buy real estate in Portugal to live in or, simply, spend their holidays. Real estate, tax, succession, visas, and nationality matters especially related to foreign individuals are the main and permanent focus of this team. T ABV ADVOGADOS is a Portuguese law firm located in the country’s capital city, the beautiful and luminous Lisbon. The firm is represented in other parts of Portugal, which allows it to assist clients from the north to the south of the country. Contact: Antonio Paula Varela Company: Alves, Botelho, Varela & Associados Web Address: http://www.abvlegal.pt/en/
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