Tax on Golden Visa Funds

I’m taking the fund route with my GV application but I confused now if I will need to pay taxes on the earnings ( dividends if any) during the 5 yrs it is in process. I am still technically not a resident as I will only be in Portugal for the required 7 and 14 days stay. Can anyone enlighten me? I keep getting mixed answers from the accountants I’ve tried to talk to.Some say I need to pay 28% some say none.

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Check this thread out on PFICs (Passive Foreign Investment Companies). Investment fund vs. real estate for Portugal golden visa; PFIC for US citizens


Thank you!