Movingto Verified Fund Index
The Movingto Verified Fund Index tracks Portugal Golden Visa investment funds that have passed Movingto's verification standard, including an 8-point legal review conducted by licensed Portuguese lawyers. It is designed to help investors identify funds with stronger transparency, legal readiness, and documentation standards.
38
Funds Tracked
10
Verified Funds
26%
Verification Coverage
Mar 2026
Last Updated
Market Snapshot
38
Funds tracked by Movingto
10
Funds currently verified
26%
Verification coverage rate
8-point legal review
Independent verification standard
Licensed lawyers
Reviewed by Portuguese legal professionals
The index is updated as fund verification status changes. Data reflects the most recent review cycle.
How the Index Works
The Movingto Verified Fund Index tracks Portugal Golden Visa investment funds listed on Movingto. Funds included as "Verified" have passed an 8-point legal review conducted by licensed Portuguese lawyers registered with the Ordem dos Advogados.
Verification assesses legal readiness, transparency, and documentation standards. It confirms regulatory registration, custodian and auditor appointments, fee accuracy against official prospectuses, and Golden Visa eligibility documentation. Verification does not assess investment performance or expected returns.
This index is designed to improve clarity around fund verification and documentation standards. It is not a performance ranking and should not be treated as investment advice.
Verified
- CMVM registration
- — confirmed against public regulator database
- Custodian & auditor
- — named entities verified in fund prospectus
- Fee structure
- — cross-checked against official documents
- GV eligibility
- — reviewed against current legal requirements
- Management company
- — authorisation confirmed with regulator
- Re-verified every 6 months
- — funds that fail lose the badge
Not Verified
- Past or future fund performance / returns
- Suitability for your individual investment profile
- Guarantee of Golden Visa approval in your specific case
- Tax implications or legal advice of any kind
Not investment advice. Verification confirms specific factual claims. Consult a licensed advisor before investing. Full disclaimer
8-Point Verification Checklist
Each item is checked against public regulatory records and official fund documentation — not manager-submitted claims.
Funds Currently Included in the Index
10 funds have completed the 8-point legal review and are included in the Movingto Verified Fund Index.
| Fund Name | Strategy | Min. Investment | Target Return | Mgmt Fee | Lock-up | Custodian | |
|---|---|---|---|---|---|---|---|
| PEEIF III - Portuguese Energy Efficiency Investment Fund III | Clean Energy | €100,000 | 8–10% p.a. | 2.5% | 10 years | Bison Bank | |
| QUADRANTIS PRIVATE EQUITY II | Private Equity | €100,000 | 6.5–10% p.a. | 1.5% | 10 years | Bison Bank | |
| Horizon Fund | Crypto | €100,000 | Not disclosed | 2% | 5 years | Millennium BCP | |
| Mercúrio Fund II, FCR | Private Equity | €100,000 | Not disclosed | 2% | 8 years | Bison Bank, S.A. | |
| Lince Yield Fund, FCR | Debt | €100,000 | Not disclosed | 2% | 6 years | Bison Bank | |
| 3CC Atlantic Bond Fund | Credit | €100,000 | 4–6% p.a. | 1.5% | 5 years | Bison Bank, S.A. | |
| Capital Green III – Fundo Fechado de Crédito | Credit | €200,000 | 6–8% p.a. | None | 5 years | Not named in public documentation | |
| 3CC Portugal Golden Income Fund | Other | €100,000 | 7–10% p.a. | 1.5% | 5 years | Bison Bank, S.A. | |
| Quadrantis Private Equity Credits & Bonds Fund – Subfund B | Private Equity | €100,000 | 10% p.a. | 1.5% | 5 years | BNI Europa | |
| PEEIF II – Portuguese Energy Efficiency Investment Fund II | Venture Capital | €200,000 | 6–8% p.a. | 2.5% | 10 years | Bison Bank |
How to Compare Verified Golden Visa Funds
When evaluating verified funds, focus on five key dimensions: strategy type (private equity, venture capital, credit, or digital assets), fee structure (management fee plus performance fee), lock-up period (how long your capital is committed), minimum investment, and custodian quality (the institution holding your assets).
For risk-averse investors, credit and fixed-income funds typically offer lower volatility with target yields of 3–5% per annum. Growth-oriented investors may prefer private equity or venture capital strategies with higher return targets but longer lock-up periods. Digital asset funds carry the highest volatility but offer diversification outside traditional markets.
Use our side-by-side comparison tool to evaluate specific funds, or try the Fund Finder quiz to match your profile with suitable verified funds.
What Verification Does and Does Not Mean
Verification confirms that a fund's regulatory status, stated fee structure, custodian and auditor relationships, and Golden Visa eligibility documentation are accurate as of the verification date. It is based on public regulatory records and official fund documentation reviewed by our legal team.
Verification does not constitute investment advice, endorse past or future fund performance, or guarantee that a specific investment will qualify for a Portuguese Golden Visa in your individual case. Your Portuguese immigration lawyer should confirm suitability for your specific situation.
If a fund's regulatory status changes or if verification cannot be completed during a scheduled review, the fund is removed from this page and its verified badge is revoked across the platform. Fund managers are notified and may reapply once any issues are resolved.
Frequently Asked Questions About Verified Funds
Common questions about our fund verification process, eligibility, and what it means for your investment.
A verified fund has passed an independent 8-point legal review conducted by licensed Portuguese lawyers. This review confirms CMVM registration status, custodian and auditor relationships, fee accuracy against fund prospectuses, management company authorisation, and Golden Visa eligibility documentation. Verification is based on public regulatory records and official fund documentation — not manager-submitted information alone.
The number of verified funds changes as new funds complete our review process and existing funds are re-verified. The current count is displayed at the top of this page. Not all funds listed on Movingto Funds have completed verification — only those shown on this page carry the verified badge.
Fund verification is conducted by David Simões Fitas, a licensed Portuguese lawyer registered with the Ordem dos Advogados (bar licence 67185P). David specialises in Golden Visa fund investments and CMVM-regulated fund due diligence, with over 400 successfully processed Golden Visa cases.
Minimum investments for verified funds typically range from €100,000 to €500,000. The exact minimum depends on the fund structure and strategy. The Portuguese Golden Visa programme requires a minimum fund investment of €500,000, though some funds accept lower minimums for investors combining multiple qualifying investments. Each fund's minimum is listed on this page and on its individual profile.
Some verified funds accept US citizens and residents, but eligibility depends on each fund's FATCA compliance status, PFIC classification, and internal policies. Funds that have confirmed US person eligibility are labelled accordingly on their profile pages. US investors should consult both a Portuguese immigration lawyer and a US tax advisor before investing.
If a fund's regulatory status changes, or if verification cannot be completed during a scheduled review, the fund is removed from this page and its verified badge is revoked across the platform. Fund managers are notified and can reapply for verification once any issues are resolved. This ensures the verified list reflects current regulatory standing, not historical status.
Unverified funds are listed based on publicly available information and manager submissions. Verified funds have undergone an additional independent legal review against public regulatory records, fund prospectuses, and custodian/auditor documentation. Verification does not constitute investment advice or guarantee returns — it confirms that the fund's stated regulatory and structural details are accurate as of the verification date.
Every verified fund undergoes a mandatory re-attestation every six months. During re-verification, the reviewing lawyer checks for changes in CMVM registration status, custodian or auditor appointments, fee schedules, and fund structure. If a fund fails re-attestation — or if the manager does not provide updated documentation within the review window — the verified badge is revoked immediately and the fund is removed from this page until issues are resolved.
The reviewing lawyer requires the fund's official prospectus (regulamento de gestão), the Key Investor Information Document (KIID) or equivalent, subscription documentation, and the fund's CMVM registration record. These are cross-referenced against the public CMVM register, custodian confirmation letters, and auditor appointment records. The review is based on official documentation — not marketing materials or manager-submitted summaries.
Questions about the index?
Contact our team or review the full verification methodology.
Page last updated: