Investors can qualify for the Portuguese Golden Visa by investing at least EUR 500,000 in one of the investment funds listed in the table below. Since 2018, interest in this Golden Visa qualifying investment class has risen sharply; fund investment now account for nearly one in four Golden Visa investments in Portugal.
Sort and filter the chart to find suitable investment funds. All are certified by CMVM, the Portuguese Securities Market Commission (similar to the SEC in the United States). If you find an error in our data, please do not hesitate to reach out to us directly: alexandra@imidaily.com
| Fund Name | Mgmt. Fee (p.a.) | Fund Close | Lifecycle (years) | Minimum Investment | Target p.a IRR (%) | Fund Auditor | Subscription Fee | Fund Manager | Fund Advisor | Asset classes |
|---|---|---|---|---|---|---|---|---|---|---|
| Odeon Private | 1.0% | 2023-1 | 7 | €150,000 | 11% | Deloitte | 1.0% | STAG | Odeon Properties | Residential, Commercial RE |
| Self-Storage I | 1.0% | 2023-3 | 7 | €150,000 | 7% | BDO | 1.0% | Insula Capital | Colares Capital | Other: Self-Storage |
| NEXT | 1.8% | 2022-6 | 6 | €200,000 | 10% | BDO | 1.2% | STAG | Optylon Krea | Commercial RE |
| PelaTerra | 1.0% | 2023-1 | 7 | €100,000 | 10% | Deloitte | 1.0% | STAG | Impacto Pela Terra | Agricultural |
| Impacto | 0.0% | 2023-1 | 8 | €350,000 | 3% | BDO | 1.0% | STAG | Impacto Capital | Residential, Commercial RE |
| EQTY Global Growth | 1.5% | 2023-3 | 8 | €100,000 | 7% | BDO | 1.5% | STAG | EQTY Capital | Residential, Commercial RE |
| EQTY | 1.5% | 2022-5 | 8 | €100,000 | 7% | Deloitte | 1.5% | FundBox | EQTY Capital | Residential, Commercial RE |
| CGA | 0.0% | 2023-2 | 6 | €50,000 | 15% | BDO | 0.0% | STAG | CGA Group | Commercial RE |
| Golden Caravel | 1.8% | 2025-1 | 6 | €300,000 | 3% | 0.0% | Grosvenor | Square AM | Commercial RE | |
| Saratoga POR 1 | 0.6% | Continuous | Open-ended | €150,000 | 6% | KME | 0.0% | SCSS | Saratoga Capital | Mixed, ESG |
| Portugal Growth Ventures | 1.4% | 2023-5 | 8 | €350,000 | 6% | Baker Tilly | 0.0% | FundBox | None | Residential, Commercial RE |
| Portugal Yield II | 1.3% | 2023-9 | 8 | €250,290 | 5% | Ernst & Young | 3.0% | Iberis Capital | None | Commercial RE |
| Iberis Bluetech | 0.5% | 2023-1 | 8 | €257,500 | 15% | Ernst & Young | 3.0% | Iberis Capital | None | Technology |
| Portugal 88 FCR | 1.3% | 2023-8 | 8 | €350,000 | 5% | BDO | 1.0% | Insula Capital | Iconico | Residential RE |
| BlueCrow Growth | 1.0% | 2023-1 | 7 | €52,500 | 6% | 5.0% | Bluecrow | Mixed | ||
| Navigator II | 1.3% | 2022-8 | 7 | €100,000 | 10% | Ernst & Young | 0.0% | Lince Capital | Omnium, GOW | Residential, Commercial RE |
| MedCapital | 2.0% | 2025-1 | 10 | €150,000 | 20% | Ernst & Young | 1.0% | C2 Capital | Healthcare, Commercial RE | |
| Portugal Gateway | 2.0% | 2022-9 | 10 | €100,000 | 12% | BDO | 0.0% | Portugal Ventures | Kigeni | Technology |
| ActiveCap Opportunities | 2.0% | 2024-1 | 10 | €250,000 | 13% | ORA | 2.0% | ActiveCap CP | ActiveCap CP | Mixed |
| impACT NOW | 2023-7 | 10 | €100,000 | Heed Capital | Impact Now | ESG, Startups | ||||
| Indico Blue | 2023-9 | 10 | €250,000 | Indico CP | ESG, Startups | |||||
| Planeur | 2023-1 | 10 | €350,000 | Mixed | ||||||
| Prima Europe | 1.6% | 2023-1 | 6 | €150,000 | 20% | BDO | 1.2% | STAG | OptylonKrea | Residential RE |
| Sustainable Innovation | 2022-8 | 6 | €250,000 | KPMG | Grosvenor | Healthcare, ESG, Startups | ||||
| Iberian Student Living | 1.0% | 2023-5 | 9 | €150,000 | 8% | Ernst & Young | 5.0% | Heed Capital | IPIM | Residential RE |
| Gaia | 2023-9 | 8 | €150,000 | BDO | Insula Capital | Agricultural | ||||
| Aretha Portugal Vision | 0.7% | 2024-5 | 10 | €50,000 | 10% | KPMG | 0.0% | Cedrus Capital | Aretha Capital | Mixed |
| 7x Portugal | 1.0% | 2023-7 | 7 | €100,000 | 7% | ORA | 2.5% | Lakhani Group | Residential, Commercial RE | |
| Portugal Strategic Growth | 1.3% | 2023-1 | 7 | €200,000 | 6% | Ernst & Young | 3.0% | ECS Cap., JPM | Royal Oak | Commercial RE, Fixed Inc. |
Investment in golden visa funds has already surpassed last year’s total, indicating fund investment could more than triple this year.
See our new Portugal Golden Visa Investment Funds page; Comparison chart, statistics, and articles about golden visa eligible funds.
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Charles Taylor Harris shares the lessons he and his colleagues learned while analyzing 25 different golden visa investment funds.
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