Investment Approach:
C2 Legacy Buyout Fund
Fund Manager: C2 Capital Partners
Targeted Yield: 15% IRR p.a.
Management Fee: 2% p.a.
Subscription Fee: 3%
Minimum Investment Timeframe: 8 Years
Important: Going into 2025, It is no longer possible to obtain a Golden Visa by property investment or bank deposit. But that doesn’t stop you from combining a real estate purchase and a Golden Visa investment…
C2 Legacy Buyout Fund At A Glance…
Portugal’s C2 Legacy Buyout Fund is a Golden Visa eligible Private Equity Fund managed by C2 Capital Partners – SCR, S.A.
Opportunity Context: Portugal was a dictatorship until 1975. Most companies that exist in the country were therefore founded since then, by entrepreneurs who were born in the 1950s. These Boomers are now busy retiring – and not all of them have adequate business succession planning in place. This creates the potential for acquiring these assets at very attractive valuations, whilst ensuring their owners’ legacies continue.
The fund is fundamentally sector-agnostic. Its investment strategy involves seeking out opportunities to acquire majority positions (less than 100%) with a view to preserve management teams and valuable institutional memory and know-how.
Target companies include private businesses where the founders are nearing retirement, and ownership succession planning is not in place. (Hence the “Legacy” fund name.)
Other areas of opportunity include management buyout scenarios, companies facing shareholder conflict (and hence viewing an exit as a solution). Export oriented companies facing expansion challenges due to a lack of capital access are also considered.
The profile for target companies typically meet the following criteria:
- Annual revenues of €4 million+
- EBITDA of €1 million+
- Conservative debt levels (ND to EBITDA ratio of less than 3.5X)
- An EBITDA margin of 10%+
Request contact and more information on the fund below.
Alternatives To Portuguese Golden Visa Funds
Minimum Capital Requirement | €500,000 | €250,000 (€200,000) |
€175,000 | €150,000 | |
---|---|---|---|---|---|
VC Funds; PE Funds Job Creation Via Company Capitalization (5 Jobs) |
Artistic Production Funding OR Cultural Heritage Preservation Projects (20% reduction for projects situated in NUTS III low-density areas = €200,000) |
Highly Qualified Activity (HQA) Visa / HQA Residency / Packaged D3 Visa Program – Ideal Residency Option For Startups + Tax Benefits Under New NHR | Become a co-founder in a Portuguese startup – white-glove, done-for-you program. |
Frequently Asked Questions
Going into 2025, there are at least two Golden Visa Funds investing in digital assets like Bitcoin and Bitcoin ETFs.
The Unbound Crypto Fund invests in crypto assets indirectly, by investing in Portuguese companies with significant Bitcoin on their balance sheets, whereas The Golden Crypto Fund invests directly in Bitcoin (held in cold storage), as well as Bitcoin ETFs. The Golden Crypto is also an open-ended fund, offering monthly subscriptions and redemptions.
To find out more about this Portuguese Golden Visa Crypto Fund, click here.
Going into 2025, the following Portuguese Golden Visa Funds are open-ended:
- The Golden Visa Crypto Fund
- Saratoga POR 1 Fund
- 3CC Portugal Golden Income Fund
- Optimize Portugal Golden Opportunities Investment Fund
- NEW: The Portuguese Champions Open-Ended Fund
To view the rest of the Golden Visa Investment Funds, click here.
Whether the Portuguese Golden Visa is worth it will depend in large part on your specific circumstances and needs as an investor:
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If you are ready to go settle in Portugal permanently, opting for a D7 Visa, which has no minimum investment requirement, might make more sense. The D2 Visa for foreign entrepreneurs might also be an option to look at.
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If you’re NOT ready to move to Portugal permanently, and you’re essentially looking for a back-up plan, then the Golden Visa is an excellent option.
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If you’d like the low level of time commitment and flexibility of a Golden Visa, but you’d prefer not to commit a full €350,000 – €500,000 in capital for 5 years in order to gain a flexible Portuguese residency, then the HQA Visa may be a viable – and more affordable – alternative. Think of it as the cheapest Portuguese Golden Visa option.
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If you’re looking to make a property based Golden Visa investment in a European capital city after 31 December 2021, then you’ll need to look at Athens (Greek Golden Visa), or Madrid (Spanish Golden Visa).
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If you’re looking for the cheapest property based Golden Visa in Europe, you’ll want to consider the Greek Golden Visa. The minimum investment requirement for the Greek program is €250,000, whereas in Portugal, the lowest property based option is priced from €280,000.
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If you’re looking to maximize your ROI, then a venture capital (VC) or Private Equity (PE) fund based investment may be preferable to a real estate investment, especially considering the devastating impact Covid has had on rental returns in Portugal during the past 18 months. Learn more about the available Golden Visa Funds here.
If you’re not quite sure about which option would suit you best, feel free to get in touch today.
Yes, you can – albeit indirectly. Some service providers may allow you to pay for your professional fees in Bitcoin or other cryptocurrencies. And since at least one Portuguese bank recently obtained a crypto license, you can now pay for your Golden Visa investment in crypto as well.
Obtain your Portugal Golden Visa with the C2 Legacy Buyout Fund In 2025.
Get in touch with C2 Capital Partners to express your interest and download the fund prospectus now.
