Hello Ryan, thanks for the update. I’m not sure how put option works, but can ValorGreen PEEIF2 secure a guaranteed rate of return?
Someone on a different thread just posted that their lawyer informed them that no new GV application has been accepted in the last three months. Anyone else heard that ?
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This was a misunderstanding, ali3, it turns out after I sought clarification from that member/poster CarpeDiem. Here’s the DM I got, just to clear the record on this claim:
“It appears my previous post was a misunderstanding as I just spoke with my law firm and AIMA is just experiencing a delay.”
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Is there an index-type fund that perhaps has the minimum Portuguese amount and then the rest is Asia?
I am trying to rebalance my current portfolio to work out, and if I sell the current international slant, I will end up losing most of my Asia exposure. I could make it up at home, but then that would invoke more capital gains to do so…
I am interested in this as well. The only one that I could find that is invested in outside of Portugal is Optimize’s Golden Opportunity Fund. It is 65% Portugal and the rest is invested in other parts of Europe and Canada.
One of the requirements of a fund qualifying for the Golden Visa is that at least 60% of the funds invested must be in Portuguese companies.
Right. So is there one that is 60% Portuguese and 40% AIPAC?
Dreaming, Tarun. We generally know of 4 open funds. IMGA, Oxy, Optimize, 60 Degrees. Maybe a fifth that Yanks like me can’t access for tax reasons so I forget (it’s through one of the banks). What you’re imagining is too far afield for a non-wealthy country with economy smaller than that of some cities. It also seems like you’re stretching finances a bit and trying too much to make this a real investment that replaces or fits within your existing strategy. The GV investment is less about rationality and more about it serving as a requisite step for the GV. It’s unlikely to perform to the level of other opportunities you might choose, and it will cost more in fees. Count on maybe breaking even or losing money, and consider that risk or loss as part of your cost to get your GV. Can you accept and afford that possibility, or perhaps more accurately probability?
The cost isn’t an issue. But there is no reason not to try and optimize within the constraints and a broader investment strategy.
Hell if I could just flat out buy my way in with a cash transfer, I’d probably just do that.
By your reasoning there is almost no reason to do anything besides pick the first fund in a list.
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Only if you extend it out ad infinitum, as that’s not what I said. Perhaps this comment more sums it up:
Obviously there is a ton of opportunity cost - both in leaning in on Portuguese economy and management fees, etc.
If my $500K would have grown to $700K if I didn’t touch it and if it doesn’t move, then I spent $200K on citizenship. That is fine, just the cost of doing business.
But in the world of all of these funds, why wouldn’t I try and make the most optimal selections for my portfolio even so? If I can minimize losses and get $50K of returns in thos five years, that is $50K that is in my pocket.
No one here’s arguing with you, Tarun, yet you seem to perceive as much. Go do you.
If the option does not exist but you feel there is demand for it, you can try gather some clients looking for the same thing as you, and meet with some fund managers to see if they can create a product that meets your needs. Since Optimize already has something similar for other countries perhaps they’d be amenable.
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