Looking for a golden visa compliant investment fund, or funds, that fully invest in Bitcoin and/or cryptocurrency.
Anybody has recommendations or experience that they can share?
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I don’t see how that can satisfy the requirement of investing in Portugal. But I’m no lawyer.
Companies in the Bitcoin mining sector, with practically 100% (and often leveraged) exposure to the crypto market, would provide these services in the Portuguese economy: I.T. and computer security, audit (both technical and financial), and anything you’d have in other computer enterprises.
https://ensun.io/search/bitcoin-mining/portugal
Also, the massive electricity requirements for Bitcoin mining have bearing on the Portuguese economy at least in consumption and maybe even production, since some Bitcoin miners worldwide also contribute to the power grid: and utilities are generally in the national interest.
I have seen over the years that fluctuations in Bitcoin value are amplified as much as 10x in Bitcoin mining stocks… so if it’s personal exposure to Bitcoin asset value you are looking for, you would likely find a leveraged exposure in those stocks (or any related index / mutual fund).
In any case I would be interested to hear if any of these might be conservative enough to be applicable to GV investment.
Bear in mind, you need a fund at least 60% invested in Portuguese companies, domiciled in Portugal and regulated by CMVM. It’s not enough just to buy some company shares on your own.