Portugal GV Fund Comparison?

[wkb]

There is another thread that talks about Prima Collection here:

Is Prima Collection @ Lisbon Square a Scam project?

I’ve been researching real estate in Portugal for a while, in order to apply for a Portugal Golden Visa. A couple of months ago, I saw an ad from a project in Lisbon called Lisbon Square Prima Collection. I filled out a form and got in touch with the people. I spoke to a female sales representative, I believe she was Arabic. She went on to brag how they are the best at this, how they are the best at that, how they define the industry and all that typical sales pitch. The attitude was annoyin…

If you are a US citizen, note that Optylon Krea will not issue a PFIC statement. The discussion about this is in another thread:

Investment fund vs. real estate for Portugal golden visa; PFIC for US citizens

I reached out to Optylon Krea regarding their NEXT fund and asked if they were providing a PFIC statement annually. They told me that the bank holding the participation units (like Bison Bank), will do this reporting. I am not sure if this is unique to the NEXT fund, but why would the holding bank know anything about a fund’s activities? I figured I would check my assumptions here before clarifying with Optylon Krea. This seems incorrect to me.