NEW: PORTUGUESE OPEN-ENDED GOLDEN VISA FUND WITH A RESIDENTIAL PROPERTY PAIRING…
Portugal’s Golden Visa Program no longer allows you to have a direct or indirect investment in real estate – even though that’s what 99% of Golden Visa applicants would prefer…
And apart from the Cultural Golden Visa – which typically takes the form of a €250,000 donation – Golden Visa Funds are one of the few remaining options (and the one which most applicants go for in 2024).
You can, however, still buy a financed residential property, AND make a Golden Visa Fund investment alongside it.
Combining these two options gives you and your family the benefit of the Portugal Golden Visa – one of the world’s flagship Plan B options – with a clear road to Portuguese citizenship after 5 years. It also means that you get to enjoy having a second home base in Portugal from which to explore the country at your leisure.
Moreover, one Golden Visa Fund operating in Portugal has developed a solution whereby these two options can work in tandem (more on this below).
But the long and the short is that you can have your cake an eat it:
You can get a Golden Visa, whilst still enjoying the assurance of your investment being backed by a fantastic residential property with high ROI potential. And once you’ve got your Portuguese citizenship, you can choose whether you want to keep the property or not.
Find out how it’s possible below, or contact us now to learn more…
How This Combo Option Works…
STEP 1: PICK YOUR PREFERRED PROPERTY
- Choose which property investment is best for you from this real estate group various offerings (including high-end residential apartments in central Porto, and buy-to-let student accommodation in a secondary Portuguese city). All of these projects are already funded and under construction, and are priced from €260,000-€500,000.
- Sign a Promissory Contract of Purchase and Sale (in Portuguese known as a ‘Contrato Promessa Compra e Venda’ or ‘CPCV’).
- The CPCV guarantees a future purchase/sale of the real estate and establishes the rights and duties of both the buyer and the seller, as well as details your property’s characteristics.
- Normally, the signature of the CPCV requires a substantial downpayment and subsequent staged downpayments as the project progresses. Here, you only have to put down 5% of the purchase price.
STEP 2: INVEST IN THE GOLDEN VISA FUND
- To qualify for the Portuguese Golden Visa, you are required to make a €500,000 investment in an eligible fund (this one is an open-ended, highly diversified PE focused fund with a target yield of 5% (IRR), and a conservative investment approach.
- Open your Portuguese bank account with the assistance of a seasoned onboarding team, and remit the necessary funds from abroad.
- Review the offering materials, provide the necessary supporting evidence of your wealth, and sign the subscription documentation.
- Make the required investment into the fund.
STEP 3: APPLY FOR YOUR GOLDEN VISA
- With your investment in the Fund now secure, you can now file your Golden Visa application for you and your family.
- The Golden Visa provides you with the right to settle in Portugal (or just to keep the option as a Plan B), with full Schengen travel access and all of the associated benefits.
- The Golden Visa allows you, your spouse, and your dependent children, as well as dependent grandparents, to become eligible to apply for Portuguese citizenship after 5 years (subject to meeting the minimum residency and Portuguese language requirements).
- Your only financial requirement is to hold your investment in the Fund for the time you are in the Golden Visa program (i.e. during the 5-year temporary residency stage).
STEP 4: GO TO DEED ON YOUR PROPERTY
Depending on the real estate project chosen, go to Deed on your property before or after your Fund investment is finished and you have exited the Golden Visa program.
- IF BEFORE:
Sign the Deed with the real estate group. Your purchase price will be the eventual transfer of your Golden Visa Fund shares to the developer, with a cash-back applicable for the difference, should you buy a property priced at less than €500,000. Sign a security package with the developer to ensure the eventual transfer of your Fund shares. - IF AFTER:
Sign the Deed with the real estate group. Your purchase price will be the transfer of all of your Golden Visa Fund shares to the developer, with a cash-back applicable for the difference, should you buy a property priced at less than €500,000.
Note: Should you experience any delays in applying for Permanent Residency, you have the option of maintaining your investment until such time as this process is finalized.
So What Are My Current Property Options?
PROPERTY PROJECT I: RESIDENTIAL CENTRAL PORTO (UNDER CONSTRUCTION)
WHATS TO LOVE ABOUT IT?
T2-T3 Duplexes and Triplexes. Top-tier location. Market-related valuations and pricing. Developer mortgage (downpayment only 5%).
So What Happens After 5 Years Of Holding Residency?
After 5 years, you can transfer your shares to the real estate developer to settle your mortgage loan, and keep your debt-free Portuguese real estate asset.
With your property in your personal ownership, free and clear of any mortgage, you and your family can now decide what is best for you:
-
You can either obtain Permanent Residency for life, renewable every 5 years thereafter, OR;
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You can apply for Portuguese citizenship once your Permanent Residency status has been confirmed.
And What Can You Tell Me About This Golden Visa Fund And Developers?
- Portuguese Golden Visa eligible fund (i.e. no real estate exposure within the fund).
- A highly diversified, open-ended Private Equity (PE) fund with limited Venture Capital (VC) exposure.
- Well financed and diversified group, including a highly respected real estate development arm.
- The business was founded 16 years ago as an M&A advisory and fundraising specialist.
- It is managed by a group of highly experienced professionals from the financial and legal services industries, boasting depth and expertise in both mature and emerging markets.
- The firm’s knowledge and skillsets include sectoral experience in financial services, real property, private equity, venture capital and regulated products.
- The fund operators personally co-invest on all of their deals and projects, thus aligning their goals with that of the investor.
- They have teams located in Porto and Lisbon, as well as in Cyprus.
- From this vantage point, they can assess investment potential, develop powerful strategies, and implement transformational changes while creating significant value for their shareholders.
Why Should I Still Choose The Portuguese Golden Visa Going Into 2025?
See what our clients are saying about us on TrustPilot.
✓ It is still the only European Golden Visa offering a viable path to citizenship with minimal stay requirements.
✓ The Golden Visa processing backlog is increasingly being cleared by AIMA (formerly SEF).
✓ Your 5-year residency clock starts when your Golden Visa application is submitted – NOT when the residency is issued.
✓ Portugal’s property market is suffering from an acute supply shortage, i.e. excellent medium term growth potential.
✓ The country offers an exceptional quality of life – and one of the lowest costs of living in Europe.
✓ The Portuguese passport is one of the most powerful travel documents in the world.
What our clients are saying about us…
Secure Your Portugal Golden Visa Via Fund Investment And Acquire A Valuable Property In Portugal Today.
Contact Us Now For More Information.
Simply complete the below form and one of our expert consultants will get back to you. We look forward to being of service and helping you make your European Plan B dreams a reality.
Portugal Golden Visa Offering Overview Compiled By…
Andre Bothma
Author
Born in Cape Town, South Africa, Andre is a seasoned digital entrepreneur with extensive experience working in the demand-side of the Residency and Citizenship By Investment industry. He has been writing about Golden Visas, Citizenship By Investment and investment migration programs for over six years, and has frequently written and been interviewed by industry-leading RCBI publication, IMIDaily.com. Andre is a D7 Visa holder and Portuguese resident himself. Having identified a gap in the market for affordable European immigration solutions outside of Golden Visas, he launched D7 Visa to help more foreign individuals and families settle in Europe without the need for property investment. Andre is a regular contributor to the pages of Sovereign Man, a leading international diversification publication catering to a global audience. He is also one of the earliest global promoters of the HQA Visa Program and the Cultural Golden Visa program (Portugal) as well as the Hungarian Golden Visa. Andre spends half his time in Porto, Portugal.