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Lince Yield Fund, FCR Alternatives | Portugal Golden Visa Investment Funds

These are similar Golden Visa eligible funds with comparable investment strategies and requirements. Review each option to find the best match for your investment goals.

Heed Top Investment Fund

Open

A CMVM-regulated, open-ended alternative investment fund that invests primarily in Portuguese bonds and equities, with flexibility to allocate to ETFs, other funds, and international securities for diversification

Minimum Investment:

€100,000

Return Target:

5% annually

Term:

5 years

Category:

Debt

Manager:

Heed Capital

IMGA Portuguese Corporate Debt Fund

Open

The IMGA Portuguese Corporate Debt Fund offers conservative exposure to corporate bonds and commercial paper issued mainly by Portuguese companies. It’s designed for investors seeking steady, lower-volatility returns, daily liquidity, and a strategy built around high-quality issuers with a strong foothold in Portugal’s real economy.

Minimum Investment:

€500,000

Return Target:

Unspecified

Term:

5 years

Category:

Debt

Manager:

IM Gestão de Ativos (IMGA)

Lince Growth Fund I, FCR

Open

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.

Minimum Investment:

€100,000

Return Target:

15-20% annually

Term:

8 years

Category:

Private Equity

Manager:

Lince Capital, SCR, S.A.

BlueWater Capital Fund

Open

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.

Minimum Investment:

€50,000

Return Target:

Unspecified

Term:

7 years

Category:

Venture Capital

Manager:

Insight Venture - Sociedade de Capital de Risco, S.A.

Portugal Liquid Opportunities, FCR

Open

Open-ended, FACTA-compliant public equities vehicle managed by Oxy Capital – SGOIC, S.A., investing over 60% in Portuguese listed equities and under 40% in international equities via Oxy's proprietary strategy; perpetual subscriptions with daily liquidity and no redemption fee after three years for Golden Visa investors.

Minimum Investment:

€100,000

Return Target:

8-10% annually

Term:

5 years

Category:

Other

Manager:

Oxy Capital

Crown Investments Fund

Open

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.

Minimum Investment:

€50,000

Return Target:

Unspecified

Term:

7 years

Category:

Venture Capital

Manager:

Insight Venture - Sociedade de Capital de Risco, S.A.

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