The Portuguese Golden Visa is alive, well, and gaining in popularity in 2025 – especially among Americans. And while it is no longer possible to obtain a Golden Visa by property investment or bank deposit, there are ample attractive Golden Visa Fund options available – including Crypto Golden Visa Funds.
Given Portugal’s reputation as a relatively crypto friendly jurisdiction, market demand for Golden Visa funds with crypto exposure is growing steadily.
Bitcoin’s performance as an asset class has been unmatched in the past decade. And with governments around the world debasing their home currencies’ value through aggressive money printing, shrewd investors are turning to Bitcoin as a hedge against inflation. (Just as immigrant investors are turning to Portugal – via the Golden Visa Program – as a hedge against geopolitical and social risks in their home countries.
Below, we have present a list of 5 Portuguese Golden Visa Funds, offering varying levels of crypto exposure, that can help you lock in the optionality of a Portuguese Plan B in 2025.
We also include salient details like the Fund Descriptions, Life Cycles, Target Yields, Closing Dates, as well each the option to get in touch with each fund.
The List: Portugal Golden Visa Crypto Funds
Check out the latest list of eligible, €500,000 crypto 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 provided. We also don’t guarantee that this list of Portuguese crypto funds covers all of the available options.
The Portuguese Golden Visa Crypto Funds In More Detail…
THE GOLDEN VISA CRYPTO FUND
- CMVM Registered: Yes
- Date Launched: 2024
- Fund Type: Open-Ended
- Fund Approach: The fund allocates up to 65% to Fixed Income Assets, and up to 35% to Digital Assets. The fund manager can allocate a maximum of 10% per Fixed Income issuer with credit rating of –BB or above. These are all Portuguese debt issuers, mostly trading on the local exchange PSI- 20. The Digital Asset allocation is limited to BTC, ETH and SOL. The fund can also invest via ETFs or directly into the Crypto Assets using Regulated Custodians.
- Expected Yield: 10-20% IRR p.a.
3 COMMA CAPITAL (3CC) FUND
- CMVM Registered: Yes
- Date Launched: 2023
- Fund Type: Open-Ended Alternative Investment Fund
- Fund Approach: The fund aims to offer stable returns by investing predominantly in Portuguese corporate debt, complemented by U.S. equities and alternative assets, including Bitcoin. An all-weather fund, accessible to any retail investor, although specifically designed to serve the needs of Portuguese Golden Visa applicants. The fund allocation includes 15% in US equities, 70% in Portuguese bonds, and 15% in digital assets (most notably in Bitcoin, Ethereum, and Solana).
- Expected Yield: 10% IRR
UNBOUND FUND (PORTUGAL)
- CMVM Registered: Yes (2089)
- Date Launched: 2024
- Fund Type: Venture Capital Fund (FCR)
- Fund Size: €30 million
- Fund Approach: The fund invests in high-growth blockchain companies based in Portugal, and which can acquire exposure to digital assets like Bitcoin.
- Expected Yield: Contact the fund for more information.
THE BITCOIN GOLDEN VISA FUND
- CMVM Registered: Yes
- Date Launched: 2025
- Fund Approach: The first investment fund to hold Bitcoin’s underlying asset, meaning that investors can secure the highest BitGo’s cold storage protection at the lowest fees. Also insured by Lloyds Insurance.
- Expected Yield: Contact the fund for more information.
KVARN PORTUGAL GOLDEN VISA FUND
- CMVM Registered: Yes
- Date Launched: 2025
- Fund Approach: 80% allocation to Bitcoin, 20% to CoinDesk 20 Index. The fund maintains a long-term position in Bitcoin, capitalizing on its established track record and upward growth trajectory. Its portfolio also includes the CoinDesk 20 Index, which leverages algorithmic rebalancing each quarter to capture opportunities among the market’s top 20 digital assets. Each year, the fund aims to distribute up to 5% of its income available for distribution back to investors, sourced from realized capital gains. This distribution is carefully balanced while maintaining optimal liquidity and long-term growth potential for all investors.
- Expected Yield: 20-40%
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. |
Obtain your Golden Visa by Crypto Fund Investment in 2025.
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Portuguese Golden Visa Crypto Fund comparison for 2025 compiled by…
