List of Golden Visa Investment Funds 2023 + More Affordable Alternative
IMPORTANT: Portuguese authorities announced drastic changes to the country’s Golden Visa program on February 16, 2023. Official details are still forthcoming. Check back here soon for more information…
If you are reading this after 22 September 2021, it would be safe to assume that you have missed the bus to apply for a Golden Visa by buying a property in Lisbon, Porto or the Algarve…
If you’re looking for the cheapest Golden Visa price point, be sure to check out the country’s new Cultural Golden Visa – a €200K Golden Visa option in support of local artistic output in the country. (And it’s NOT a donation.)
Featuring a government pre-approval step before capital is committed and a capital guarantee on some projects, this new option is already garnering major interest from across the globe.
IMPORTANT: Given that a large number of new investment funds have been launched to take advantage of the incoming program changes, supply appears to be exceeding demand. So if a fund doesn’t get adequately subscribed in time, it runs the risk of collapsing, along with your hopes of ROI while obtaining a Golden Visa.
Your future exit from these funds is another unknown; will you be guaranteed of recouping your full capital investment? Is the fund(s) you’re considering asset backed or not? And are those assets fairly valued and relatively liquid? Rigorous due diligence is therefore essential before choosing a fund to invest in.
Below, we have compiled a list of the available Portuguese investment funds you’re looking for along with details on the minimum holding periods (which tend to be long, and obviously way longer if you opt not to apply for Portuguese citizenship after 5 years.
List of Portuguese Golden Visa Investment Funds 2023
Check out the list of eligible, €500,000 fund investment options for the Portuguese Golden Visa below…Despite us taking care to ensure the below information is correct, we take absolutely no responsibility for the correctness of the information included below. We also don’t guarantee that this list of Portuguese investment funds covers all available options.
|FUND NAME||FUND DESCRIPTION||MINIMUM HOLDING PERIOD||EXPECTED ROI||SUBSCRIPTION DEADLINE||MINIMUM INVESTMENT REQUIREMENT|
|1. BlueCrow Growth Fund Portugal||The BlueCrow Growth Fund invests in diversified real estate, including retail, industrial hospitality and predictable yield opportunities.||7 Years||Contact the fund to learn more.||31 December 2022||€52,500|
|2. CGA Portugal FCR||CGA Portugal is a diversified venture capital (VC) fund focusing on retail, residential, hospitality and retirement property investments in Portugal, as well as high-performing property opportunities in the USA.||8 Years||Targeted annual distribution of 3%, with a targeted fund return of 10%-20%.||28 February 2023||€50,000|
|3. Impacto Fund Portugal||The Impacto Fund focuses on diversified real estate, including retail, residential, office space and student accommodation), with an emphasis on capital preservation.||8 Years||Targeted annual return of 3%.||31 December 2022||€350,000|
|4. MedCapital Portugal Fund||The MedCapital Fund focuses on the private healthcare sector investing mostly in hospitals and clinics.||10 Years||Contact the fund to learn more.||31 December 2021||€150,000|
|5. Navigator II Fund Portugal||
The Navigator II Fund focuses mostly on property development projects in central Lisbon.
|7 Years||Contact the fund to learn more.||31 December 2021||€100,000|
|6. Portugal Gateway Fund||
The Portugal Gateway Fund provides international growth capital for high-growth enterprises with defensible intellectual capital (IP) and sustainable competitive advantages.
|10 Years||Contact the fund to learn more.||30 November 2021||€100,000|
|7. Portugal Yield Fund||The Portugal Yield Fund focuses on
diversified property investments with stable, predictable yields.
|10 Years (6 Years, + optional 2×1 Year)||Targeted net yield of 4-5% per year.||28 October 2021||€350,000|
|8. Rock Capital Fund Portugal||The Rock Capital Fund focuses on property development projects in Lisbon, with an emphasis on local middle-market demand.||7 Years||Contact the fund to learn more.||31 October 2021||€50,000|
|9. Pella Terra Fund Portugal||The Pella Terra Fund invests in agricultural land (low volatility asset), buy-and-lease agreements with large-scale farmers, as well as buy-back schemes with a 5 to 6 year investment horizon, and where the produce is then mature.||N/A||Preferred dividend target of 5% per year, and 14% on exit.||N/A||€100,000|
|10. 7X Portugal Fund||Managed by The Lakhani Gr0up, and focused on residential and commercial real estate.||7 Years||7% p.a. (IRR)||July 2023||€100,000|
|11. Odeon Fund Portugal||The Odeon Fund invests in property projects, upmarket restaurants, hotels and similar assets delivering rental income.||N/A||Preferred dividend target of 4% per year, and 11% on exit.||N/A||€350,000|
|12. Active Cap I Growth Fund||The Active Cap Portuguese Growth Fund, FCR, invests in Portuguese enterprises with high potential growth, as well as research and development (R&D) opportunities.||10 Years||Contact the fund to learn more.||N/A||€50,000|
|13. GED Tech Growth Fund||The fund invests in in scalable, capital-efficient business models with a proven purpose-driven technology and high-growth potential.||N/A||Contact the firm to learn more.||N/A||N/A|
|14. Aston Gold Fund Portugal||The Aston Fund invests in residential and commercial property developments, including supermarkets and logistics / warehousing opportunities||N/A||Contact the fund to learn more.||N/A||€50,000|
|15. Sharing Fund Portugal||The Sharing Fund invests in school infrastructure and student accommodation projects.||6 Years or 10 Years||Targeted annual return of 7%, with option to exit at 6 years, but with a 4% cap on return.||N/A||€250,000|
|16. Indico Fund Portugal||The Indico Fund invests in oceanic technologies (BlueTech) as well as oceanic sustainability opportunities.||N/A||Contact the fund to learn more.||N/A||€250,000|
|18. Next Fund Portugal||Managed by STAG, the Next Fund invests in luxury real estate in Portugal and other Mediterranean countries. The fund also invests in premium commercial opportunities, including non-mall retail, coworking, healthcare centers and logistics infrastructure development projects.||6 Years, with potential extensions.||Annual targeted distribution of 3%, net of expenses.||February 2022||€200,000|
|19. Monarque Portugal L2 Fund (MPL1 Fund)||Managed by Golden Monarque S.C.R, S.A (NOT “Monarch”), the MPL2 fund is the follow-up fund to the MLP1, now fully subscribed.
The actively managed fund invests predominantly in bonds and securities issued mostly by Portuguese companies with strong asset bases and/or stable cashflows, providing a level of protection in downside scenarios.
|5 Years||5% per year, with a 3% setup fee and management fees of 2% p.a.||N/A||€350,000|
|20. GreyTech 2 Fund Portugal||Managed by Iberis Capital Portugal, the GreyTech II Fund focuses on buyout and growth opportunities in innovative and well established companies.
The fund targets mid-market Portuguese enterprises with EBITDAs between €2m-€5m within the industrial and technology sectors.
|4 Years + 2 x 2 Years, subject to investor preference.||Contact the fund to learn more.||N/A||€250,000|
|22. Prima Capital Fund Portugal||Managed by Optylon Krea, the Prima Capital Fund invests in short-term residential real estate.
Leveraging both junior and senior equity investors seeking to apply for the Golden Visa Program, the fund finances Optylon Krea’s lifestyle oriented, serviced residences brand in Europe.
|N/A||Contact the fund to learn more.||N/A||€150,000 for senior equity investors, and €500,000 for junior equity investors.|
|24. New Edge Fund Portugal||Managed by Quadrantis Capital, the New Edge Fund invests in bonds and real estate opportunities.||10 Years, with an exit option after 6 years.||Contact the fund to learn more.||31 March 2022||€350,000|
|25. Atlanticorp Venture Capital Fund||Managed by Lynx Asset Managers, and focused on commercial and residential real estate.||7 Years||7% p.a. (IRR)||30 October 2023||€150,000|
|26. Aretha Portugal Vision||Managed by Cedrus Capital, with a mixed asset class allocation.||10 Years||10% p.a. (IRR)||30 May 2024||€50,000|
|27. Gaia Investment Fund||Managed by Insula Capital, and focused on agricultural assets.||8 Years||Contact the fund to learn more.||N/A||€150,000|
|28. Aspect Fund I||Managed by Qualive Real Estate, and focused on residential and commercial property opportunities.||8 Years||20% p.a. (IRR)||30 September 2022||€250,000|
|29. Iberian Student Living||Managed by Heed Capital, and focused on residential real estate opportunities.||9 Years||8%||N/A||€150,000|
|30. Portugal Growth Ventures FCR||Managed by FundBox, and focused on residential and commercial real estate||8 Years||6%||30 May 2023||€350,000|
|31. Portugal Strategic Growth Fund||Managed by Royal Oak, and focused on commercial real estate and fixed income opportunities||7 Years||6%||31 January 2023||€200,000|
|32. Portugal Yield II Fund||Managed by Iberis Capital, and focused on Portuguese commercial real estate.||8 Years||5%||September 2023||€250,000|
|33. Prima Europa Investment Fund FCR||Managed by Optylon Krea, and focused on residential real estate assets.||6 Years||20%||January 2023||€150,000|
|34. Saratoga POR I||Managed by Saratoga Capital, and focused on ESG and mixed asset allocation opportunities.||Open-ended||6%||Open-ended||€150,000|
|35. Self Storage I Investment Vehicle||Managed by Colares Capital, this fund is well suited to investors seeking exposure to consistent revenue opportunities.||7 Years||7%||30 March 2023||€150,000|
Disclaimer: The above information does not constitute legal or investment advice, and the publishers of this site will not be held liable for any losses whatsoever resulting from reliance on this information. It is presented purely as general information on the subject, and none of these funds are endorsed by D7 Visa.
While every effort has been made to ensure the accuracy of the presented information, the timeliness, accuracy for currency of the information is not guaranteed. The information should not be construed to constitute a solicitation to invest in any securities.
Always be sure to consult a trusted and knowledgeable financial advisor when considering investing in securities.