Do I need to open a Portuguese bank account to make my Golden Visa investment?

[tkrunning (Thomas K. Running)]

Thank you for your thorough explanation!

Is something like what is explained in this post (investing directly in a fund from a self-directed IRA) enabled by the relevant fund having an omnibus account?

Investment in Arts & Culture GV in 2024?

@bittersweet123 I have spent months learning about SDIRA and how to do the GV using my retirement funds (keeping it in IRA). There is one fund I found that so far seems to allow the most straight-forward and least costly path- that is Optimize Portugal. Through a Self Directed IRA you can invest in a wide variety of things. However to do so under GV you need to have a US LLC for your SDIRA, and then you need to have the same thing on the Portugal side. The expenses for these do add up, …