As the other thread on funds (Portugal GV Fund Comparison?)
is already very long and many of the discussions on specific funds out of date, I thought I’d start a new fund thread for 2023.
A few questions on funds:
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Open-ended vs closed-ended: Are open-ended funds eligible for the fund investment route as long as you hold the investment for the 5+ years until citizenship (more like 8-9 years with current application timelines)? Or are only closed-end funds eligible? I’ve heard conflicting information about this. Obviously would prefer an open-ended fund for total control over when to exit.
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Public vs private equities: Are funds that invest in public equities eligible, or only those investing in private equity and real estate? For example would an investment in IMGA Ações be eligible? Have people gotten approved with such an investment?
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Switching investments: Can you switch from one fund to another during the required 5+ year holding period, or can you switch from a fund to real estate (or vice versa)? For example, if I invest in an open-ended fund now, then 3 years later buy an eligible real estate property and exit the fund (in that order so that investment minimum is maintained at all times) would that be ok?
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Which fund managers have funds that are available now (Jan 2023)? I’ve looked at Blue Crow, Optimize, the STAG funds (Prima Europe and Pela Terra), ReCap, Atlantic by Lynx, and Iberis Capital. Are there others that are not on this list?