Compare 38+ CMVM-Regulated Portugal Golden Visa Funds
Filter top Portugal golden visa funds by strategy, fees, risk, and eligibility — then request an introduction to the fund manager.
Covering all 38 CMVM-regulated funds · Updated March 2026
Includes the Movingto Verified Fund Index
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38
Funds Tracked
10
Verified Funds
26%
Coverage Rate
Mar 2026
Last Updated
Movingto Verified Fund Index
Portugal Golden Visa funds that have passed Movingto's 8-point legal review, conducted by licensed Portuguese lawyers.
Verified
PEEIF III - Portuguese Energy Efficiency Investment Fund III
QUADRANTIS CAPITAL
Min investment
€100,000
Liquidity
10 years
Fees
High
Verified
QUADRANTIS PRIVATE EQUITY II
QUADRANTIS CAPITAL
Min investment
€100,000
Liquidity
10 years
Fees
Medium
Verified
Lince Yield Fund, FCR
Lince Capital, SCR, S.A.
Min investment
€100,000
Liquidity
6 years
Fees
Medium
Verified
3CC Atlantic Bond Fund
3 Comma Capital
Min investment
€100,000
Liquidity
5 years
Fees
Medium
Verified
Capital Green III – Fundo Fechado de Crédito
Finprop Capital, SGOIC, SA
Min investment
€200,000
Liquidity
5 years
Fees
Low
Verified
3CC Portugal Golden Income Fund
3 Comma Capital
Min investment
€100,000
Liquidity
5 years
Fees
Medium
Verified
Quadrantis Private Equity Credits & Bonds Fund – Subfund B
Quadrantis Capital
Min investment
€100,000
Liquidity
5 years
Fees
Medium
Verified
PEEIF II – Portuguese Energy Efficiency Investment Fund II
Quadrantis Capital
Min investment
€200,000
Liquidity
10 years
Fees
High
Popular Portugal Golden Visa Fund Profiles
Fund profiles with recent visitor interest
Updated March 2026Fund Comparison at a Glance
Click any column header to sort. Scroll horizontally on mobile.
| Fund ▲ | Strategy | Min. Investment | Mgmt Fee | Perf Fee | Lock-up | Redemptions | Verified |
|---|---|---|---|---|---|---|---|
| 3CC Atlantic Bond Fund | Credit | EUR 100k | 1.5% | 10% | 5 yr | Daily | Mar 2026 |
| CMVM 182126. Custodian: Bison Bank, S.A.. Auditor: PKF. | |||||||
| 3CC Portugal Golden Income Fund | Other | EUR 100k | 1.5% | 20% | 5 yr | Daily | Mar 2026 |
| CMVM 2108. Custodian: Bison Bank, S.A.. Auditor: PKF. | |||||||
| BlueWater Capital Fund | Venture Capital | EUR 50k | 2.5% | 12.5% | 7 yr | Quarterly | |
| CMVM 182201. | |||||||
| Capital Green III – Fundo Fechado de Crédito | Credit | EUR 200k | None | None | 5 yr | End of term | Mar 2026 |
| CMVM 2347. | |||||||
| Crown Investments Fund | Venture Capital | EUR 50k | 2.5% | 12.5% | 7 yr | Quarterly | |
| Digital Insight Fund | Venture Capital | EUR 100k | 2.5% | 12.5% | 8 yr | Quarterly | |
| Emerald Green Fund | Private Equity | EUR 500k | 2% | 20% | 8 yr | End of term | |
| Flex Space Fund | Private Equity | EUR 100k | 1.5% | 20% | 8 yr | Quarterly | |
| CMVM 2103. Custodian: Banco Santander Totta, S.A.. | |||||||
| Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado | Private Equity | EUR 100k | 2% | 20% | 4 yr | End of Term | |
| CMVM 2257. Custodian: Banco Invest. Auditor: Deloitte. | |||||||
| Greenpower Fund | Private Equity | EUR 100k | 2% | None | 6 yr | End of term | |
| CMVM 1530. | |||||||
| Greytech III Fund | Private Equity | EUR 100k | 1.75% | 22.5% | 10 yr | End of term | |
| CMVM 2267. | |||||||
| Growth Blue Fund | Private Equity | EUR 50k | 2% | 20% | 10 yr | Quarterly | |
| Auditor: Forvis Mazars. | |||||||
| Heed Top Investment Fund | Debt | EUR 100k | 1.5% | 20% | 5 yr | Daily | |
| CMVM 115. Custodian: Bison Bank. Auditor: Forvis Mazars. | |||||||
| Horizon Fund | Crypto | EUR 100k | 2% | 20% | 5 yr | Monthly | Mar 2026 |
| CMVM 2122. Custodian: Millennium BCP. Auditor: Ernst & Young (EY). | |||||||
| IMGA GV Portuguese Corparate Debt | Debt | EUR 100k | 1.75% | None | 5 yr | End of term | |
| IMGA GV Portuguese Equities | Other | EUR 100k | 2% | None | 5 yr | End of term | |
| INZ Fund | Private Equity | EUR 150k | 1.6% | 15% | 8 yr | End of Term | |
| Custodian: Bison Bank. Auditor: Baker Tilly. | |||||||
| Lince Growth Fund I, FCR | Private Equity | EUR 100k | 1.5% | 20% | 8 yr | End of Term | |
| CMVM 1955. Custodian: novobanco. Auditor: BDO. | |||||||
| Lince Yield Fund, FCR | Debt | EUR 100k | 2% | 20% | 6 yr | End of Term | Mar 2026 |
| CMVM 2225. Custodian: Bison Bank. Auditor: BDO. | |||||||
| Mercúrio Fund II, FCR | Private Equity | EUR 100k | 2% | 20% | 8 yr | End of Term | Mar 2026 |
| CMVM 1851. Custodian: Bison Bank, S.A.. Auditor: Ernst & Young (EY). | |||||||
| New Frontiers Energy Fund II | Private Equity | EUR 100k | 1.5% | 25% | 7 yr | End of term | |
| CMVM 2358. | |||||||
| PEEIF II – Portuguese Energy Efficiency Investment Fund II | Venture Capital | EUR 200k | 2.5% | 30% | 10 yr | Quarterly | Mar 2026 |
| CMVM PEEIF II. Custodian: Bison Bank. Auditor: Kreston & Associados, SROC LDA. | |||||||
| PEEIF III - Portuguese Energy Efficiency Investment Fund III | Clean Energy | EUR 100k | 2.5% | 30% | 10 yr | Quarterly | Mar 2026 |
| CMVM 2227. Custodian: Bison Bank. Auditor: Kreston & Associados, SROC LDA. | |||||||
| Pela Terra II Regenerate Fund | Private Equity | EUR 500k | 2% | 20% | 8 yr | End of Term | |
| CMVM 1816. | |||||||
| Portugal Investment 1 | Private Equity | EUR 500k | 1% | 20% | 5 yr | Not Available | |
| CMVM 12445. | |||||||
| Portugal Liquid Opportunities, FCR | Other | EUR 100k | 1.2% | 20% | 5 yr | Weekly | |
| Auditor: Ernst & Young (EY). | |||||||
| Prime Insight Fund | Venture Capital | EUR 100k | 2.5% | 12.5% | 8 yr | End of term | |
| Quadrantis Private Equity Credits & Bonds Fund – Subfund B | Private Equity | EUR 100k | 1.5% | 20% | 5 yr | Quarterly | Mar 2026 |
| CMVM 2007. Custodian: BNI Europa. Auditor: Kreston & Associados, SROC, Lda.. | |||||||
| QUADRANTIS PRIVATE EQUITY II | Private Equity | EUR 100k | 1.5% | 20% | 10 yr | Quarterly | Mar 2026 |
| CMVM 2222. Custodian: Bison Bank. Auditor: Kreston & Associados, SROC LDA. | |||||||
| RYSE Golden Opportunities Fund | Venture Capital | EUR 100k | 0.5% | 20% | 8 yr | End of term | |
| CMVM 2434. | |||||||
| Solar Future Fund | Clean Energy | EUR 250k | 2% | 20% | 5 yr | End of term | |
| Steady Growth Investment Fund | Other | EUR 500k | None | None | 5 yr | End of Term | |
| Ventures.eu Fund I | Venture Capital | EUR 150k | 2% | 20% | 8 yr | End of term | |
| CMVM 2085. Custodian: BankInter. Auditor: Ribeiro da Cunha & Associados. | |||||||
Fund managers
Explore managers and the funds they run.
The Verification Standard
Every fund in the Movingto Verified Fund Index has passed an 8-point legal review. Verification covers CMVM registration, fund structure, custodian and auditor arrangements, Golden Visa eligibility documentation, and consistency of disclosed terms. It is a transparency and legal-readiness check — not an investment recommendation.
Lead Verifier
David Simões Fitas
Immigration Lawyer — Funds & Real Estate
400+ cases processed
Bar Licence: 67185P
Frequently Asked Questions
Quick answers about Golden Visa funds and the Portugal Golden Visa fund route
There is no single "best" fund. The right fund depends on your risk tolerance, nationality, liquidity needs, and fee sensitivity. This guide organises funds by investor profile so you can identify the category most relevant to your situation. Always consult a licensed financial adviser before investing.
Portugal Golden Visa investment funds (often called Golden Visa funds) are regulated Portuguese investment funds that investors can subscribe to as part of the Portugal Golden Visa "fund route." Instead of buying property, you invest in fund units and use the subscription documents as part of your Golden Visa application file. Eligibility depends on the fund's structure and documentation, so it must be confirmed by Portuguese legal counsel.
Funds listed on Movingto Funds are presented as Portugal Golden Visa investment funds based on manager disclosures and available documentation. However, Golden Visa eligibility is a legal determination, and your Portuguese lawyer should confirm eligibility for your specific case before you invest. If you request an introduction, we can connect you with the fund manager and our Portugal Golden Visa legal team to confirm requirements.
The commonly referenced minimum for the Portugal Golden Visa fund route is €500,000 invested into qualifying Portugal Golden Visa investment funds (Golden Visa funds). Requirements can change and may depend on your legal approach and the fund's subscription terms, so confirm with Portuguese legal counsel before proceeding.
All qualifying Golden Visa funds are regulated by the CMVM (Portuguese Securities Market Commission). Regulation requires independent custodians to hold fund assets separately from the manager, and independent auditors to verify financial statements. Regulation reduces but does not eliminate investment risk. Past performance does not predict future results.
The Verified Fund badge indicates that a fund has completed Movingto's 8-point legal review. This includes confirmation of active CMVM registration, custodian and auditor arrangements, Golden Visa eligibility, and review of key fund documents. Verification confirms disclosed facts and does not constitute an endorsement or suitability assessment.
Several CMVM-regulated funds accept US persons and are structured to be FATCA-compliant and PFIC-reportable (QEF election available). US investors should verify PFIC status directly with each fund manager and consult a cross-border tax adviser.
Key factors include investment strategy (debt vs equity vs venture), total fees (management + performance), lock-up period and redemption frequency, US eligibility if applicable, and the fund manager's track record.
When comparing Golden Visa funds and Portugal Golden Visa investment funds, focus on the fees that actually impact your net outcome: subscription/entry fees (if any), annual management fees, performance fees (how calculated, hurdles, catch-ups), fund expenses (administration, custody/depositary, audit, legal), and exit/redemption fees (if any). We surface key terms where available, but you should always review the fund's official documents.
Many Portugal Golden Visa investment funds have lock-ups and limited redemption windows, especially if the strategy is private equity/venture/debt. Some funds allow redemptions only after a minimum period; others rely on fund maturity and asset sales. Always check: lock-up length, redemption frequency, notice periods, gates, and whether liquidity is "best efforts."
This depends on the fund structure. Open-ended funds typically allow you to redeem your investment after the lock-up period ends, subject to the fund's redemption schedule (monthly, quarterly, or annual). Closed-end funds distribute capital when underlying investments are exited, which may extend beyond the initial term. In both cases, your Golden Visa residency permit is renewable independently of the investment outcome.
Investing in Golden Visa funds typically involves onboarding/KYC, signing subscription documents, transferring capital, unit issuance, and obtaining proof of investment for your Portugal Golden Visa file. Timelines vary by bank/KYC complexity and fund processes, but a realistic expectation is weeks rather than days.
Movingto is not a regulated investment advisor. We may receive a referral/introductory commission from some fund managers if you invest, and we may also earn fees for legal or support services if you engage our team. We disclose this clearly, and we do not provide investment advice. Our role is to help you compare Portugal Golden Visa investment funds (Golden Visa funds) and connect you with the right people to complete the process.
Click Request introduction on any fund page or use the homepage form. Tell us your timeline, citizenship, and general preferences (risk, liquidity, strategy). We'll connect you with the fund manager and—if you want—our Portugal Golden Visa legal team to confirm eligibility and next steps.
No. Movingto Funds provides information and introductions for Golden Visa funds and Portugal Golden Visa investment funds. We do not provide investment advice or recommend that you invest in any specific fund. Always obtain independent financial advice and Portuguese legal advice before investing.