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Long Term Golden Visa Investment Funds

Compare 12 Long Term investment funds for Golden Visa applications.

OC

Mercúrio Fund II, FCR

GV-intended (manager-stated)
Open
Verified Jan 5, 2026
Private Equity

Mercúrio Fund II, FCR is a closed-ended private equity fund managed by Oxy Capital, focused on acquiring and transforming mature Portuguese SMEs. Launched in 2025, it targets special situations, operational turnarounds, and growth-stage opportunities while remaining fully compliant with Portugal’s post-2023 Golden Visa rules and maintaining zero real-estate exposure.

CMVM: 1851Min: €100,000Mgmt: 2%
Min. Investment€100,000
Lock-up Period8 years
RedemptionEnd of Term
Fees:2%Mgmt·20%Perf
LC

Lince Yield Fund, FCR

GV-intended (manager-stated)
Open
Verified Dec 11, 2025
Debt

Lince Yield Fund, FCR is a regulated Portuguese private credit and income-focused fund targeting a 5% annual yield. It finances mature, financially sound SMEs through secured and mezzanine debt, prioritising capital preservation and stable distributions. Built for risk-averse Golden Visa investors, it combines defensive credit strategies with the safeguards of a CMVM-supervised FCR.

CMVM: 2225Min: €100,000Mgmt: 2%
Min. Investment€100,000
Lock-up Period6 years
RedemptionEnd of Term
Fees:2%Mgmt·20%Perf
SF

Pela Terra II Regenerate Fund

Open
Verified Jan 5, 2026
Private Equity

Pela Terra II: Regenerate is a Portugal-based, CMVM-regulated closed-end venture capital fund focused on regenerative agriculture and farmland private equity. Structured to meet Portugal Golden Visa requirements without direct real estate exposure, the fund invests in agricultural operating companies that acquire, regenerate, and operate farmland in Portugal’s interior regions.

CMVM: 1816Min: €500,000Mgmt: 2%
Min. Investment€500,000
Target Return8–10% p.a.
RedemptionEnd of Term
Fees:2%Mgmt·20%Perf
LC

Lince Growth Fund I, FCR

Open
Verified Dec 11, 2025
Private Equity

Lince Growth Fund I, FCR is a regulated Portuguese growth-equity fund investing in established, revenue-generating SMEs. Focused on industrial, healthcare, agri-food, and tech companies, it targets scalable businesses that need capital to modernise, expand, or internationalise. Fully compliant with Golden Visa rules, it provides exposure to Portugal’s real economy with professional, active management.

CMVM: 1955Min: €100,000Mgmt: 1.5%
Min. Investment€100,000
Target Return15–20% p.a.
RedemptionEnd of Term
Fees:1.5%Mgmt·20%Perf
Other

The Optimize Portugal Golden Opportunities Fund is an open-ended UCITS investment fund designed to meet Portugal Golden Visa requirements through regulated capital markets exposure. Managed by Optimize Investment Partners SGOIC, it focuses primarily on Portuguese listed equities and debt securities, with no direct or indirect real estate exposure. The fund offers daily liquidity, transparent NAV pricing, and CMVM supervision, positioning it as a liquid alternative to traditional closed-ended Golden Visa funds.

CMVM: 1093Min: €500,000Mgmt: 1.8%
Min. Investment€500,000
Risk ProfileConservative Risk
RedemptionDaily
Fees:1.8%Mgmt·NonePerf
IV

Digital Insight Fund

Open
Verified Nov 30, 2025
Venture Capital

A closed-end venture capital fund focusing on digital economy and technology-driven businesses with high scalability potential, particularly in Portugal.

Min: €100,000Mgmt: 2.5%
Min. Investment€100,000
Lock-up Period8 years
RedemptionEnd of Term
Fees:2.5%Mgmt·12.5%Perf
IV

BlueWater Capital Fund

Open
Verified Jan 4, 2026
Venture Capital

A closed-end venture capital sub-fund of the Global Insight Fund focused on sustainable investments in marine economy, water management, renewable energy, digitalisation, recycling, mobility, and health-related innovation, with mandatory allocation to Portuguese companies.

CMVM: 182201Min: €50,000Mgmt: 2.5%
Min. Investment€50,000
Lock-up Period7 years
RedemptionEnd of Term
Fees:2.5%Mgmt·12.5%Perf
IG

IMGA Silver Domus Fund

Open
Verified Dec 7, 2025
Venture Capital

The IMGA Silver Domus Fund is a closed-end venture capital vehicle focused on Portugal’s fast-growing Senior Living sector. It invests in assisted living, continuing care, home-care operators, and specialised senior facilities, targeting value-add opportunities supported by long-term demographic demand. The fund aims for stable, inflation-linked returns through a mix of operating partnerships and strategic expansion across Portugal.

CMVM: 2275Min: €50,000Mgmt: 1.5%
Min. Investment€50,000
Risk ProfileAggressive Risk
RedemptionEnd of Term
Fees:1.5%Mgmt·NonePerf
Venture Capital

PEEIF II is a closed-ended venture capital fund focused on financing Portugal’s energy transition through renewable energy production, industrial energy efficiency projects, and clean-technology infrastructure. Managed by Quadrantis Capital and regulated by the CMVM, the fund is structured to qualify under Portugal’s investment fund framework for the Golden Visa program after 2023, with no direct or indirect real estate exposure.

CMVM: PEEIF IIMin: €200,000Mgmt: 2.5%
Min. Investment€200,000
Target Return6–8% p.a.
RedemptionEnd of Term
Fees:2.5%Mgmt·30%Perf
QC

Global European Cinema Fund (GECF)

Open
Verified Jan 5, 2026
Private Equity

The fund is a CMVM-regulated venture capital fund that invests in high-potential film and TV productions, leveraging tax-rebate guarantees, senior-secured positions, and established distribution partners to deliver low-correlated returns and Golden Visa eligibility.

Min: €500,000Mgmt: 2.5%
Min. Investment€500,000
Target Return5% p.a.
RedemptionEnd of Term
Fees:2.5%Mgmt·20%Perf
IV

Crown Investments Fund

Open
Verified Nov 30, 2025
Venture Capital

A closed-end venture capital fund managed by Insight Venture, investing in innovative and sustainable projects across Portugal with a focus on value creation and long-term capital growth.

Min: €50,000Mgmt: 2.5%
Min. Investment€50,000
Lock-up Period7 years
RedemptionEnd of Term
Fees:2.5%Mgmt·12.5%Perf
GP

Growth Blue Fund

Open
Verified Dec 6, 2025
Private Equity

Growth Blue is a closed-end private equity fund focused on Portugal’s Blue Economy, investing in SMEs and Mid-Caps with strong operational foundations and clear growth potential. Supported by the European Investment Fund and overseen by CMVM, it aims to create value by actively managing its investments and following a policy that focusses on sustainability.

Min: €50,000Mgmt: 2%
Min. Investment€50,000
Lock-up Period10 years
RedemptionEnd of Term
Fees:2%Mgmt·20%Perf

Frequently Asked Questions about Long Term Portugal Golden Visa Investment Funds

Long Term Golden Visa investment funds are specialized investment vehicles that focus on long term sectors and are marketed for Portugal's Golden Visa program (per manager statements). These funds allow non-EU investors to potentially obtain Portuguese residency by investing €500,000 or more in long term investment opportunities—subject to verification by Portuguese legal counsel.

Currently, there are 12 long term funds available in our directory that are marketed for the Portugal Golden Visa route (per manager statements). Each fund should be verified with Portuguese legal counsel to confirm eligibility.

Portugal Golden Visa fund route requires €500,000 total investment (post-October 2023 regulatory changes), with no real estate exposure permitted. Individual long term fund subscription minimums may be lower, but total qualifying investment must reach €500,000. Eligibility must be confirmed with Portuguese legal counsel.

Long Term funds marketed for the Golden Visa are regulated investment vehicles subject to oversight. While all investments carry risk, these funds must demonstrate their ability to support Portugal's economic development goals in the long term sector. Consult with legal and financial advisors before investing.

For Golden Visa purposes, you must maintain your investment in Long Term funds for a minimum of 5 years. After this period, you may be eligible for permanent residency or citizenship, depending on other requirements such as language proficiency and time spent in Portugal. Confirm all requirements with Portuguese legal counsel.

Yes, when investing in Long Term Golden Visa funds, you can include your spouse, dependent children under 26, and dependent parents over 65 in your application. This makes the investment particularly attractive for families seeking EU residency.