Hello,
I’d like to apply for a Portuguese GV via investing 350K Euro in a local equity investment fund.
Any pros & cons?
How can I find potential funds? there seem to be no list or info anywhere.
Thanks !
Eyal
2 Likes
Hi Eyal,
I did my research in January 2020, since 350k seemed a better option than 500k. But after all, I decided to do for a traditional property path.
First, I contacted two lawyers mentioned here. They represent two funds: PT Co Innovation and NEST Capital. I had a call with each representative, got the documentation. Both funds are completely not transparent, there is no guarantee whatsoever (e.g. in US or UAE the state can secure your investment against the fund going broke, or the fund can have an insurance) - there’s a good chance you’ll be left with “not yet developed” property. There are not much more funds that are within SEF requirements (mainly being they invest in Portugal only). I’ve contacted a few more, some even didn’t get back to me as if they are not interested in investors 
There are firms that manage wealth as they say, they know a bit and you can have a chat with them e.g. Optylon Krea.
Also, it’s a very important thing to find a good laywer. The one that you will be helped by in Portugal. And it better be a person which is not associated with the fund. Apart from the visa application you will have lots of other stuff to take care of - from advice on how to change a driving license to a possible court with a tenant etc. It’s always good to have a trusted person there. Also keep in mind that prices vary very much - I found lawyers that ask 20k for a visa application and 2k… Some are not even sure about particular specifics, some are quite competent.
So, remember ROI in the fund will be minimal, but the risk is high.
All the funds available (not all are good for GVisa): https://web3.cmvm.pt/sdi/fundos/app/pesquisa_gestora_fundos.cfm
Profitability: http://www.apfipp.pt//report.aspx?itemcode=MR_FII_PUB_PT.rpt&calendar=yes&type=FII
There’s a better imho option for 350k - investing in a renovation project. Then you’ll as least have an apartment after a few years. Although, if you buy smth for 500k, you don’t have to wait for that.
1 Like
Thanks a lot for the info
For anyone considering investing in the Golden Visa scheme, we have a more beneficial alternative with the same end result i.e. EU citizenship. @ (€350k) with a potential 5% ROI
because the rest of the message was flagged as spam ? (can’t see why)
you will have to message me for more details and links
warm regards peter
People don’t usually like paying for a good lawyer until something bad happens… Everyone here needs to realise two things:
1 - there are tons of people in Portugal working on, and assisting with, GV and NHR. Some will be professional and honest and others will try to reap you off. Always check and double-check the person you’ll be working with.
2 - doing the same thing, or going down the same path, as someone you know did before is not really an option. Every situation is different and GV / NHR are not a one size fits all. Do your own research and find the right person who will point you in the right direction.
contact mathew and if you need his email address, i will give thanks
Hi Peter, pls let me know more details about the investment with 5% ROI which qualifies the golden visa scheme.
Cheers
Hello,
Please send me more info regarding the 350k investment you wrote about.
Thanks, Eyal
Hi Daniel, thanks for your interest, herewith some further info on the project
so you can see what you would be investing in.
Although you are looking at the Golden Visa scheme there is also the opportunity to invest directly
in the Equity which would get at least 10% or potentially more with a share of the profits.
any Equity investment can be used for the Visa scheme
warm regards peter
web page links
http://www.torvec.org/sitephotopage/
http://www.torvec.org/photopage/
Link to a good overview re. Blue Zone lifestyles……
green man pdf.pdf (1.45 MB)
Hi Eyal, thanks for your interest, herewith some further info on the project
so you can see what you would be investing in.
Although you are looking at the Golden Visa scheme there is also the opportunity to invest directly
in the Equity which would get up to 10% or potentially more with a share of the profits.
any Equity investment can be used for the Visa scheme
warm regards peter
web page links
http://www.torvec.org/sitephotopage/
http://www.torvec.org/photopage/
Link to a good overview re. Blue Zone lifestyles……
green man pdf.pdf (1.45 MB)
Hi,
The nomad page has quite a few funds posted.
If you want more fund options. We just just vetted one new fund in addition to Blue Crow and NEST, which many of you know already. This new fund invests in life science, health care companies. Target return of 10-15% IRR with 4-5 years holding period and the possibility to trade the units at the end of the GV at 0% capital gains tax. Already backed by European Investment bank.
subscription close end of April 2021 or earlier if target fund amount is reach.
Let me know if you are interested in this. We provide a one stop solution with lawyer handling the visa application, NIF application, bank account opening and so on.
I’d be interested in learning more about this new fund, please.
Thanks,
–Mark
Dear Mark,
Thank you for your interest.
Regarding the fund, I have attached the info here. One invests in health care/ life science, a very hot industry. And the other in real estate, more traditional.
We are in the process of vetting 2 other funds - one invests in growth companies and R&D, the other retail assets in Lisbon. I will keep you posted. You can go to our website and subscribe to our newsletter for the latest GV developments, and any new investment channels (we are waiting for the government to confirm if there are any changes to the GV regulations).
We offer a one stop solution for immigration to Portugal, including visa application, real estate investment, fund investment NIF application, bank account opening, tax representation, and concierge services as well.
We have just partnered with a lawyer at a very competitive fee - only 500 euro per person for Golden Visa application.
Don’t hesitate to contact us for any further information regarding the funds or general questions on the golden visa.
You can contact me here: Verified user: Susana Yang — Nomad Gate
Best regards,
Susana Yang