The information on the Portugal Pathways and Portugal Investment Owners Club (PIO Club) websites, and in our email communications, is general information only. It is not legal, tax, immigration or financial advice, it is not a personal recommendation, and it is not an offer or invitation to buy, sell or subscribe to any investment. You should take advice from an appropriately qualified and regulated professional, based on your own circumstances, before acting on anything published here.Portugal Pathways and PIO Club are information businesses. We are not authorised to provide regulated investment advice or to manage investments, and we do not do so. Where regulated services are required, we work alongside separately regulated third party firms. Those firms are responsible for the advice they give and the products they provide, and you contract with them directly. Our commercial relationships and any fees we receive are disclosed to you. We describe our model as integrated, transparent and conflict managed.Residency and citizenship are governed by Portuguese law and administered by AIMA and the competent authorities. Eligibility criteria, qualifying categories, processing times and statutory periods are set by law and change from time to time. No investment guarantees the grant of a residence permit, permanent residency or citizenship, and we make no representation as to how long any application will take. Naturalisation is a separate legal process with its own statutory requirements.Investments carry risk. Capital is at risk and you may get back less than you invest. Past performance is not a guide to future returns. Private market and fund investments can be highly illiquid, may not be readily realisable, and may not be suitable for all investors.