This website provides information for general purposes only.Read our full disclaimer
Movingto Logo

Pela Terra II Regenerate Fund 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.

Emerald Green Fund

Open

A Golden Visa–eligible private equity fund targeting sustainable tourism and hospitality development in Portugal's Douro Valley, focusing on a 5-star luxury eco-resort.

Minimum Investment:

€500,000

Return Target:

11-0% p.a.

Term:

8 years

Category:

Private Equity

Manager:

STAG Fund Management

INZ Fund

Open

INZ is a closed-ended Private Equity fund focused on renewable energy and energy-efficiency assets across Iberia, fully engineered for Golden Visa eligibility. Managed by STAG Fund Management and in line with UN Sustainable Development Goals, the fund aims to create steady, long-term value by investing in distributed solar, clean transportation, and low-carbon infrastructure using a careful, impact-focused approach.

Minimum Investment:

€150,000

Return Target:

8-8% p.a.

Term:

8 years

Category:

Private Equity

Manager:

STAG Fund Management

Global European Cinema Fund (GECF)

Open

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.

Minimum Investment:

€500,000

Return Target:

5-0% p.a.

Term:

8 years

Category:

Private Equity

Manager:

Quadrantis Capital

Portugal Investment 1

Open

Portugal Investment 1, a closed-end private equity fund structured as a Fundo de Capital de Risco (FCR). The fund mainly puts money into Portuguese companies, especially in hospitality, tourism, and industry, aiming for long-term growth while following the new rules for Portugal's Golden Visa funds after 2023.

Minimum Investment:

€500,000

Return Target:

8-11% p.a.

Term:

0 years

Category:

Private Equity

Manager:

Saratoga Capital

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% p.a.

Term:

8 years

Category:

Private Equity

Manager:

Lince Capital, SCR, S.A.

Mercúrio Fund II, FCR✓ VERIFIED

Open

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.

Minimum Investment:

€100,000

Return Target:

0-0% p.a.

Term:

8 years

Category:

Private Equity

Manager:

Oxy Capital

Need Expert Introductions?

We can facilitate introductions to fund managers to help you evaluate these alternatives and find the perfect investment match.