The fund
What investment routes currently qualify for the Portuguese Golden Visa, and why has the €500,000 non-real-estate investment fund route become one of the main options for investors?
At a glance
€500,000
In a qualifying non-real-estate fund, one of the main routes today.
No real estate
Direct or indirect real-estate investment no longer qualifies.
Not any fund
The fund must meet the statutory Golden Visa requirements.
The full answer
Understand the requirements. Review your circumstances with qualified advisors.
The current Golden Visa framework includes several routes: creating at least ten jobs, investing at least €500,000 in qualifying scientific research, contributing at least €250,000 to eligible artistic or cultural-heritage activities, investing at least €500,000 in qualifying non-real-estate collective investment vehicles, or making certain €500,000 investments into Portuguese companies combined with the required job creation or maintenance.
Direct or indirect real-estate investment no longer qualifies. The €500,000 fund route has therefore become particularly relevant for people who prefer a professionally managed investment rather than establishing and operating a business themselves. But the vehicle must satisfy the statutory Golden Visa requirements. It is not enough simply to invest €500,000 in any Portuguese fund.
General information only, not legal, tax or investment advice.
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