[LAWYER REVEALS] State of the Portugal Golden Visa

1 MIN READ

08 Nov 2024

[LAWYER REVEALS] State of the Portugal Golden Visa

James Nuveen

Topic:

Golden visa

Related Articles (03)

Residency in Portugal for UK Citizens: What You Need to Know
PortugalResidency in Portugal for UK Citizens: What You Need to Know Post-Brexit, many UK citizens displayed their dissatisfaction. After all, for years, Britons were used to traveling, studying, and working freely across the EU. And post-December 2020, their right to do so without visas and permits was taken away. However, if you’re looking to swap the grey skies of the UK for the golden sunshine of Portugal, the latter offers a range of residency options, including the D7 visa and the Golden Visa scheme. In this guide, we’ll break down how exactly UK citizens can seek residency in Portugal, what post-Brexit rules mean for them, and how services like Bitizenship help make the process smoother. Why Portugal is a Top Choice for UK Citizens Before jumping into the nitty-gritties, the legal, the paperwork side of things, let’s talk about a few reasons why Portugal is such a tempting destination for UK citizens: Year-round mild weather: It’s hard to say no to 300 days of sunshine, especially if you’re tired of the same old gloomy skies. While endless grey and drizzle can wear you down, Portugal flips the script with warm summers, mild winters, and plenty of bright, blue-sky days. Lower cost of living: From housing and groceries to nights out, the day-to-day cost of living in Portugal is noticeably lighter. Even in Porto or Lisbon, prices feel gentler than London or Manchester, and in smaller towns, your money stretches even further. High quality of life and healthcare: Portugal scores high on all global quality of life indices. These indices measure things like healthcare efficiency, public safety, and the overall happiness and satisfaction levels of the citizens. There is public healthcare for residents, which is heavily subsidised, and private healthcare, too, at a much cheaper cost than in the UK. Strong expat community: A major issue when moving to another country is simply the feeling of isolation that may gloom over you, especially when you don’t speak the language. However, there is a well-established British expat community living in Portugal. From pubs showing football (Cristiano Ronaldo’s home turf, after all) to doctors who speak English, Portugal feels familiar fast. With a community of fellow Brits, home suddenly doesn’t feel so far away. How Brexit Changed the Rules Brexit changed a massive part of UK nationals’ cultural freedom: the freedom to live, work, and travel anywhere in the EU without restrictions. You can still move, but now there are a few hoops to jump through. Here’s what that means in practice: Stays over 90 days now require a visa or residency permit. Working in the EU requires a separate work authorization. For short visits, a Global Health Insurance Card (GHIC) or a valid European Health Insurance Card (EHIC) works. But if you’re staying long-term, you’ll need to register with the local healthcare system. Social benefits aren’t automatic anymore because you’ll need residency to qualify. What This Means for Visas, Work Rights, and Residency UK citizens now have to plan their time in Portugal more carefully. Short trips of up to 90 days in any 180-day period are still visa-free under Schengen rules. But if you want to stay longer, you’ll need the right visa, like the D7 (for retirees or passive income earners) or the Golden Visa (for investors). This applies whether you’re retiring, studying, or working. Since automatic work rights are gone, any job in Portugal now requires a valid work visa or permit. That means doing your homework, because overstaying or working without authorization can lead to fines or even deportation. The good news? Portugal offers clear, structured routes for both work and residency. One thing that hasn’t changed: UK citizens can still buy property in Portugal with zero restrictions, making it a solid choice for investment and residency applications. Health insurance is required at first, since automatic reciprocal coverage no longer applies, but once you have residency, you can register for Portugal’s public healthcare system. Your Residency Options in Portugal Portugal offers several pathways to residency, each suited to different preferences and financial situations. 1. Portugal Golden Visa The Golden Visa program is designed to attract foreign investors. This increases foreign investment in the Portuguese economy. In exchange for qualifying investments, you’re offered residency rights. While some routes, like residential real estate, have been restricted, the program still has attractive options. Key benefits and requirements include: BenefitsRequirementsYou merely need to spend 7 days (minimum) per year in Portugal, which is perfect for people who want a base in Europe but do not intend on relocating full time.Be a non-EU/EEA/Swiss national.Once you invest in Portugal Golden Visa, you can travel across 27 European countries visa-free, similar to how things were pre-Brexit. This is ideal for frequent travellers and business owners.Make a qualifying investment and maintain it for at least 5 years.Since the UK allows for dual citizenship, you can apply for permanent residency or Portuguese citizenship after five years.Have a clean criminal record.While direct residential real estate investment is no longer a qualifying option since 2023, some commercial real estate investments may still apply under certain conditions. However, previously approved investors can still maintain residency via property routes.Be at least 18 years old.The visa includes spouses, dependent children, and dependent parents under the same application.Obtain a Portuguese NIF (tax number).With real estate options limited, many are now turning to fund-based investments with strong returns and fewer bureaucratic hurdles.Have a valid passport.Proof of legal source of funds.Private health insurance or enrollment in Portuguese healthcare.Submission of relevant legal documents such as birth and marriage certificates for family members. Qualifying investments can include any of the following: €250,000 minimum donation to arts or cultural institutions €350,000 to €500,000 investment in qualifying real estate (depending on location and property age) €500,000 investment in Portuguese investment funds €500,000 investment in scientific research Creation of at least 10 jobs in Portugal (no minimum investment specified) Application Steps Submit initial application with documentation Complete the qualifying investment Attend biometric data appointments in Portugal Renew residency permits every two years with continued investment Costs Involved Application fees and residence permit cards cost around €605 and €6,045 per person initially Renewal fees is about €3,023 per person every two years to maintain residency For professional assistance, translation, document preparation, expect between €5,000 and €10,000 or more l egal and processing fees depending on complexity Document preparation and notary fees can start around €1,000 Travel insurance is often required for visa applications and usually about €400 per person annually Other costs include real estate purchase, health insurance premiums until enrolled in public healthcare, and moving expenses NOTE: These costs are approximate and can vary. Always confirm current fees with Portuguese authorities or your advisor. 2. D7 Visa The D7 visa, sometimes also referred to as the Passive Income or Retirement Visa, is designed for people who can support themselves financially. This includes remote workers, retirees, passive income earners, people living off investments or rental income, and the lot. Essentially, it is for those citizens who do not depend on work in Portugal directly, enabling them to get full-time residence with access to healthcare and social systems. Key benefits and requirements include: BenefitsRequirementsLegal residency in portugal for UK citizens with the right to live indefinitely (after renewals)Requires proof of sufficient passive income or pension (minimum approximately €9,840 annually for a single applicant as of 2025)Ability to bring family membersMust have health insurance before residency approvalAccess to the public healthcare system once residency is grantedProof of accommodation in PortugalClean criminal record and valid passport Remote workers and digital nomads highly favor this visa because it doesn’t require a job offer from a local employer. 3. Other Routes for Residency in Portugal for UK Citizens If you don’t qualify for the Golden Visa or D7, all hope isn’t lost. You’ve still got the following options: Work Visas: If you receive a job offer from a Portuguese company, your employer can sponsor your visa. This process is common in the tech, tourism, and healthcare industries. Study Visas: Portugal’s universities are increasingly international. Students from the UK can apply for a residence visa valid for the duration of their studies, often renewable annually. Family Reunification: If you have a close family member who’s a legal resident or citizen of Portugal, you can apply to join them. This applies to spouses, dependent children, and sometimes parents. Life in Portugal as a UK Expat With plenty of UK nationals living in Portugal, a fair idea about what life is like in Portugal as a UK expat can be conceived. Let’s talk about the essentials: 1. Housing and Cost of Living Lisbon and Porto are popular but pricey, similar to London. Thankfully, whether you intend on renting or buying, Portugal has plenty of housing options. Expats report they found more value in Alentejo, the Silver Coast, or interior regions. From coastal villas to city apartments, there are plenty of options out there. A modest lifestyle in Portugal can cost around €1,200/month for a single person or €2,000/month for a couple. Daily expenses like groceries, eating out, transport, utilities, and entertainment tend to cost less, making day-to-day living comfortable even on a moderate budget. 2. Healthcare Access Once you become a resident, you can register for the Portuguese public healthcare system (SNS), which covers most treatments for a low fee. Private insurance is also widely available for around €50/month. Doctors tend to speak English in both the public and private sector, and the healthcare in Portugal is ranked well in Europe, with private care often available at much lower costs than in the UK. 3. Education Options Portugal has plenty of options when it comes to schooling, so bringing your kids along wouldn’t result in setbacks for their or your education. Public schools come with free access. There are numerous excellent international schools, especially in Lisbon, Cascais, Porto, and the Algarve. Curricula offered include British, American, and International Baccalaureate (IB), as well as universities offering degrees in English, a major attraction for international students. 4. Integration Tips Getting comfortable in any country can seem difficult at first, but give it some time. The best way to understand the people and the culture is to understand the language, so we recommend learning Portuguese. Even basic phrases go a long way toward making you feel connected with the locals. Start with basics to greet and interact politely, as it’s respectful and helpful for citizenship. From there, you can start building social connections. Many expat clubs exist, and one is always welcome to join local classes or community events. Embrace the local culture, food, festivals, and traditions to feel at home. How Bitizenship Helps UK Citizens Get Portugal Residency Getting a visa, making the right investments, and navigating a new country’s legal system isn’t exactly simple. It’s even trickier if your wealth isn’t sitting in a traditional bank account. Many people today hold most of their assets in Bitcoin or other cryptocurrencies, and that’s where Bitizenship comes in. We help Bitcoin-first investors and crypto holders secure European residency (and even citizenship), with a strong focus on the Portugal Golden Visa. With 8 years of on-the-ground experience in Portugal and 110 Golden Visas managed to date, we guide clients every step of the way, including: Legal support Tax representation Bank account setup Concierge services Plus, through our partnership with the Unbound Fund, we offer a direct route to Golden Visa eligibility via private equity investment that is compliant, secure, and crypto-friendly. This makes it perfect for those who’ve built wealth in crypto and want EU freedom without converting everything to fiat first. Get in touch to start the process right away. Closing Thoughts Portugal is still very much within reach for UK citizens. The Golden Visa remains one of the most reliable routes, but it’s not the only one. You can also apply through the D7, work, study, or family reunification. With its warm climate, friendly culture, and affordable lifestyle, Portugal is an attractive choice no matter your path. The process can be complex, though, so either do your homework or let the experts at Bitizenship guide you. Portugal is ready when you are. FAQs Can a UK citizen get residency in Portugal? Yes, absolutely. Residency in Portugal for UK citizens can be achieved through a number of ways. Options include applying for the appropriate visa such as the Golden Visa, D7 visa, work visa, study visa, or via family reunification. How much money do I need to get residency in Portugal? In order to get residency in Portugal, you need to apply for the appropriate visa. Different options have different costs. The Golden Visa requires investments starting at €250,000, while the D7 visa requires proof of regular income, typically around €9,840 annually as of 2025, plus funds for living expenses. What is the easiest way to get residency in Portugal? The easiest route is rather subjective here. If you’re a remote worker or have passive income, D7 is the simplest method. The Golden Visa, on the other hand, is best for those who prefer an investment-based route with relatively low stay requirements. Can I retire to Portugal as a UK citizen? Yes! Portugal is one of the top retirement spots for Brits, with great healthcare, weather, and affordability. The D7 visa is specifically geared for retirees and passive income holders, allowing you and your family to live legally in Portugal.

12 MIN READ

20 Aug 2025

Top Portugal Golden Visa Investment Funds to Consider in 2025
Golden visaTop Portugal Golden Visa Investment Funds to Consider in 2025 In 2025, Portugal’s Golden Visa investment funds are one of the most viable routes to EU residency for international investors.  With real estate removed from eligibility, investors are pivoting toward regulated private equity and venture capital funds that meet Portugal’s legal requirements for the Golden Visa, and often offer competitive returns. These Golden Visa investment funds in Portugal give you exposure to sectors like tech, renewable energy, hospitality, and infrastructure, all while maintaining a passive investment profile. There’s no need to manage property, chase tenants, or worry about shifting real estate regulations.  However, these programs differ a lot. Fees, risk levels, sector focus, and even exit terms vary wildly.  Some funds are built with short-term capital preservation in mind. Others are more aggressive, aiming for high-growth over 7-10 years. And while all qualifying funds require a minimum investment of €500,000, what you get for that sum can differ dramatically. Why Consider Portugal’s Golden Visa Investment Funds? After the Portuguese government closed the real estate investment route in 2023, regulated funds became the most popular path for investors who want residency. So, what does this model bring? A Simpler, Smarter Investment Route First, Golden Visa investment funds in Portugal are professionally managed and regulated by the Portuguese Securities Market Commission (CMVM). That means they operate under strict transparency, reporting, and compliance guidelines. That means that you’re investing in a legally structured fund, usually a private equity, venture capital, or growth-focused vehicle, that pools capital and allocates it across a portfolio of Portuguese businesses, sectors, or infrastructure projects. These can include: Green energy developments Healthcare innovations Early-stage tech companies Hotels and tourism redevelopment Logistics and industrial parks How it Could Work For the sake of this example, imagine an investor who originally planned to purchase an apartment in Lisbon.  When the Golden Visa real estate path was cut off, they redirected the €500,000 toward a fund focused on renewable energy infrastructure.  That fund is expected to deliver annualized returns of around 6-8% over a 7-year period, with full capital return at maturity.  So, instead of buying into a saturated property market, they joined a green growth initiative backed by stable, recurring energy contracts. Less Hassle, Lower Overhead Unlike owning property, there are no maintenance costs, no property taxes, no ongoing paperwork related to tenants or Airbnb restrictions. Once you invest, your obligations are minimal beyond the fund’s reporting cycle and visa renewals. For investors balancing global business portfolios or moving across borders, this is a major advantage. More Flexibility, Especially for Non-Residents Portugal’s Golden Visa investment funds are also well-suited for non-EU investors who don't plan to live in Portugal full-time. The minimum stay requirement remains just seven days per year, far less than residency-by-rental programs in other European countries. And because the funds are professionally administered, investors can manage everything remotely with the help of legal representatives. How Much Do You Need to Invest in Portugal to Get a Golden Visa? The standard minimum investment amount for Portugal’s Golden Visa investment funds is €500,000. This requirement hasn’t changed with the 2023 Golden Visa reform, and it applies specifically to qualified investment funds regulated under Portuguese law.  But there are fees involved, so understanding the total cost of entry is essential before making a move. The Core Requirement: €500,000 in a Regulated Fund To qualify, your €500,000 must be invested in a fund that: Is registered and supervised by the CMVM (Portuguese Securities Market Commission) Has a minimum maturity of 5 years Invests at least 60% of its capital in companies based in Portugal Does not distribute capital during the first five years These are non-negotiable requirements. Investing in a fund that doesn’t meet all four will disqualify your application. Additional Costs to Expect In reality, Portugal's Golden Visa investment fund route involves more than just the capital injection.  Here’s a rough breakdown of what a typical investor might spend: ExpenseEstimated Cost (EUR)Fund Investment€500,000Fund Subscription Fee (1.5%-3%)Up to €25,000Fund Annual Management Fees (0.25-2%)Up to €10,000/yearLegal Fees (for application & due diligence)€5,000-€8,000Government Application Fees€5,325 per applicantRenewal Costs (every 2 years)€3022 per applicant So, while the legal minimum investment is €500,000, the full cost of obtaining your Golden Visa through funds can exceed €525,000-€550,000 when including legal and administrative fees, and higher if you’re applying with family. A Look at Fund Fee Structures Every fund is different. Some charge higher entry or exit fees but offer better returns. Others have flat management costs but offer less aggressive growth strategies. One fund might charge a 2% entry fee with zero exit charges, while another might take 5% upfront but waive annual management costs altogether. What Are Portugal’s Golden Visa Investment Funds Actually Investing In? Every Golden Visa investment fund in Portugal is legally required to disclose its investment thesis, structure, and portfolio focus, and while all must channel at least 60% of capital into Portuguese-based businesses, the sectors vary widely. Some funds back renewable energy projects. Others focus on early-stage startups, healthcare, hospitality, agriculture, or logistics. This diversity allows you to align your residency application with your financial goals, whether you’re looking for conservative capital preservation or long-term growth. Fund Types You’ll Commonly See Most Golden Visa investment funds in Portugal fall into one of these categories: Private equity funds: These invest in established, growth-stage Portuguese companies. They often prioritize business expansions, buyouts, and strategic partnerships. Risk tends to be moderate, with a focus on steady returns. Venture capital funds: These are higher-risk, higher-reward funds that support early-stage startups in tech, fintech, biotech, or renewable energy. Returns can be impressive, but volatility is higher. Tourism & hospitality funds: With Portugal’s ongoing boom in tourism, some funds focus on acquiring, renovating, or launching hospitality assets, hotels, boutique rentals, resorts, especially in underserved interior regions. Green & infrastructure funds: Some of the more conservative options channel capital into solar farms, sustainable agriculture, or regional infrastructure projects with government-backed contracts and recurring revenue streams. Liquidity and Lock-Up Periods Most funds have a minimum lock-in period of 5-8 years, aligning with the Golden Visa residency requirement. You won’t be able to exit early without penalties. However, some funds offer secondary market solutions or structured exits for special cases like health issues or relocation. All of this to say, Portugal Golden Visa investment funds represent real capital investments in real parts of the Portuguese economy. And they’re designed with long-term sustainability, transparency, and investor alignment in mind. Portugal Golden Visa Investment Funds List for 2025 High-net-worth individuals and expat investors seeking Portugal’s Golden Visa in 2025 are increasingly turning to Portugal Golden Visa investment funds as the preferred route.  After the 2023 reforms, the spotlight is on Golden Visa investment funds in Portugal that span diverse sectors, from tech startups and renewable energy to hospitality and cryptocurrency. Below is Portugal’s Golden Visa investment funds list of the top 20 funds open to new investors in 2025, complete with a comparison of their focus, terms, and fees: Fund NameLifecycle (yrs)Target IRRMgmt FeeSubscription FeeFund Close/StatusMin InvestmentFund ManagerFund AdvisorFund AuditorAsset ClassesUnbound Fund818%1.5%€10,0002026-5€100,000Green One CapitalUnbound CapitalBDOWeb3; BitcoinAndo Europe79%1.8%1.2%2026-1€200,000STAGOptylon KreaBaker TillyHospitalityPort. Golden Opportunities Open-ended10%1.8%1.0%Continuous€1,000OptimizeMazarsEquities; BondsPortugal Golden Income Fund Open-ended10%1.5%0.0%Continuous€100,0003 Comma CapitalPKFBonds; Equities; Alternative AssetsActiveCap Opportunities1013%2.00%2.0%2024-1€250,000ActiveCap CPORAMixedAretha Portugal Vision1010%0.67%0.0%2024-5€50,000Cedrus CapitalAretha CapitalKPMGMixedBlue Water Point Capital820%2.0%3.5%2027-1€150,000Point CapitalBlue Water CapitalBDOMixedC2 Legacy Buyout815%2.0%3.0%2026-2€150,000C2 CapitalErnst & YoungMixedContainer Fund1015%2.0%2.0%2033-1€50,000Celtis VentureCeltis VentureBDOTechnologyEmerald Capital Fund77%0.95%0.5%2026-7€250,000STAGWELink GroupBDORenewable Energy Disclaimer: The information provided in this table is for informational purposes only and is based on publicly available data as of 2025. While we aim to keep the content accurate, investment fund terms, fees, availability, and performance targets may change without notice. This content does not constitute financial, legal, or immigration advice. Always consult with a licensed financial advisor, immigration lawyer, or authorized fund representative before making any investment decision related to the Portugal Golden Visa investment funds program. Strategic Considerations for Golden Visa Applicants Performing due diligence is essential. All the listed funds are fully compliant with CMVM regulations and Golden Visa rules (minimum 60% of investments in Portugal, etc.), but their strategies and risk profiles differ.  Prospective investors should evaluate fund track records, management expertise, fee structures, and alignment with personal goals. For instance, if your priority is preserving capital and obtaining residency with minimal fuss, a diversified income fund or an asset-backed fund (like agriculture or infrastructure) might be the best option.  Conversely, if you view the Golden Visa as a chance to invest in venture capital, you can allocate your €500K into a high-growth fund, just be prepared for a longer path to liquidity and the possibility of higher volatility. Some investors opt to spread €500k across two or more funds to diversify (e.g. part in a yield-focused fund and part in a venture fund), which is allowed and can balance risk/reward. Since the Golden Visa reforms, Portugal’s fund managers have really stepped up to offer products that are both Golden Visa investment funds and solid investments in their own right.  There’s a rising popularity of the fund route, and it’s easy to see why: these funds fulfill the residency requirement and give investors a stake in Portugal’s economic growth areas, from green energy to tech innovation.  When you choose a fund that matches your strategy, you can achieve the twin goals of securing Portuguese residency and pursuing attractive financial returns.  How to Choose the Right Portugal Golden Visa Investment Fund for You Now that you’ve seen the top Portugal Golden Visa investment funds list, the next step is identifying which one best suits your investment goals, risk profile, and timeline.  While every fund on the list is compliant and open to non-EU investors, the reality is that some will be a better fit for you than others, depending on how you think about risk, return, and personal alignment. Investment Priorities Start by asking what matters most to you: Are you looking for capital preservation over growth? Are you comfortable locking in for 7-10 years, or do you want early liquidity? Would you rather see annual income or aim for a larger return at exit? Do you have a sector preference, like tech, sustainability, hospitality, or crypto? If your goal is low volatility and a smooth ride, a fund like Portugal Golden Opportunities may be a better match. But if you’re chasing higher returns, then the Unbound Fund might make more sense, as long as you’re aware of the risk curve associated with Crypto. Consider the Fund Structure The fund’s internal mechanics matter. Some important variables: Closed-end vs. open-ended: Closed-end funds have fixed terms and payout at the end (often 7-10 years). Open-ended funds offer more flexibility, including the option to redeem early, but often come with slightly lower projected returns. Management track record: Look into who is running the fund. Does the team have previous exits? How long have they been managing capital in Portugal?  Fee Structure: Fees can eat into returns quickly. While 0.25-2% annual management fees are standard, watch for high performance fees, subscription costs, or hidden carry.  Match Risk to Age and Exit Plan Your age and your exit timeline should shape your choice. A 35-year-old entrepreneur might feel comfortable riding out the risk in a crypto-focused Unbound fund for a decade. A 62-year-old planning to retire in Portugal by the end of the decade might prefer a conservative, income-generating fund with lower upside and lower risk. Ask the Right Questions Before committing, do your due diligence. These are real investments with real capital at stake. Some smart questions to ask: What is the fund’s current portfolio exposure? Is there an independent custodian holding the assets? How are annual reports and valuations handled? Is there a plan for secondary market exits if needed? Who are the other LPs (limited partners)? If a fund manager is vague about returns, unwilling to share audited financials, or deflects on risk disclosures, that’s a red flag. A good fund will have nothing to hide. What About Citizenship? Many investors who are looking into Portugal Golden Visa investment funds ultimately have one goal in mind: a second passport. But how realistic is that, and what’s the actual process? How to Get from Residency to Citizenship Portugal doesn’t offer citizenship in exchange for investment directly, but it does provide a residency pathway that can eventually lead to citizenship. Here’s how it typically works: Invest €500,000 in a qualifying fund. Apply for the Golden Visa with the help of legal representation (expect 6-12 months for approval). Maintain the investment and renew the visa in years 2 and 4. At year 5, apply for permanent residency or citizenship. So, you can apply for citizenship after five years of holding a valid Golden Visa. That’s significantly shorter than the 10+ years required in many other EU countries. Do You Need to Live in Portugal? No. One of the key benefits of the Golden Visa in Portugal is that you don’t need to relocate or spend much time in the country. The minimum stay requirement is just 7 days per year. However, some legal experts recommend spending more time in Portugal if your goal is citizenship, not just residency. That’s because Portugal expects “genuine ties” to the country when assessing naturalization applications. Other Citizenship Requirements Along with maintaining your investment for five years, you’ll need to: Pass a basic A2-level Portuguese language exam, which tests simple grammar and conversation skills. Provide a clean criminal record from both Portugal and your home country. Show proof of integration - this can include your time spent in Portugal, tax records, or even community involvement. Does Every Fund Investor Qualify? In theory, yes, if you follow the timeline, keep your investment in place for five years, and meet the basic requirements. But keep in mind: citizenship is not automatic. The Golden Visa gives you the right to apply, not a guarantee of approval. Still, the system works. Thousands of investors have successfully transitioned from Golden Visa holders to Portuguese citizens since the program’s launch. For many, Portugal Golden Visa investment funds offer the simplest and cleanest path toward that outcome. What to Watch Out For Before You Invest Investing in Portugal’s Golden Visa investment funds isn’t just about picking the one with the highest projected return. These are long-term commitments, legally binding, financially significant, and often illiquid for several years. Before you transfer €500,000, it’s worth slowing down and checking all the details. Understand the Lock-Up Terms Most Golden Visa investment funds in Portugal are closed-end, meaning your capital is locked for the entire fund term, often 7 to 10 years. Even if the fund performs well, you usually won’t see your money until it matures. Fees Can Cut Into Returns Most funds charge a management fee of 0.25%-2% per year, which is reasonable. But some add: Subscription or setup fees Success or “carry” fees on profits Custodian, audit, or legal pass-through charges Check whether fees are based on committed capital (less favorable) or invested capital (more standard). Also, be wary of funds that downplay or hide fees in their marketing materials. If a fund is projecting 8% IRR, but layering on 3%+ in annual costs, your net return might be closer to 4-5%. Vet the Fund Manager Anyone can spin up a prospectus. What matters is execution. Ask: What is the manager’s track record? Have they exited any funds? Are they backed by a licensed custodian and an independent auditor? Are they regulated by the CMVM? If a fund can’t answer these questions clearly, move on. Check the Investment Thesis Some funds are clear and transparent. Others use vague language like “we invest in diversified opportunities across growth sectors” without ever naming those sectors. You want to know: What is the fund actually investing in? Is there diversification across multiple companies or sectors? What stage are the investments in - seed, Series A, mature? If you don’t understand where your money is going, you shouldn’t invest. Watch Out for Overpromising Some funds advertise 15-20% returns with near-zero risk. That’s not how finance works. High-return funds come with high volatility, long timelines, or both. Be wary of marketing that tries to downplay this. Red flag phrases include: “Guaranteed return” (no fund can legally guarantee this) “Fully liquid any time” (Golden Visa law still requires a 5-year hold) “No downside” (there’s always risk) Legal and Tax Due Diligence Work with a qualified Portuguese law firm that understands the Golden Visa and funds. They’ll help you: Review the fund documents Ensure compliance with immigration law Navigate tax residency questions Portugal’s tax regime can be favorable, especially under the D7 or D8 visa, but that depends on your personal situation. Investment gains from Portuguese funds may be taxed differently based on your residency status. How to Start the Process Once you’ve chosen a Portugal Golden Visa investment fund, getting started is more straightforward than most people expect, especially with the right support. Get Legal Support Work with a Portuguese lawyer experienced in Golden Visa cases and investment fund compliance. They’ll: Help you select a qualifying fund Obtain your NIF (Portuguese tax number) Open a local bank account Handle the full visa application process Subscribe to the Fund After passing the fund’s KYC checks, you’ll transfer the investment amount (usually €500,000) from your Portuguese account and sign the fund’s subscription agreement. Make sure the fund is CMVM-regulated and meets all Golden Visa criteria. Submit Your Application Your lawyer will prepare your file, including: Proof of investment Criminal background checks Health insurance Identification documents Once submitted, pre-approval times in 2025 are around 6-12 months.  Biometrics and Residency Card After pre-approval, you’ll attend a biometric appointment in Portugal. Then you’ll receive your initial residence card, valid for two years and renewable thereafter. How Bitizenship Can Help You With Golden Visa Investment Funds in Portugal At Bitizenship, we’re dedicated to helping investors secure Portugal citizenship through compliant pathways, with a special focus on the fund route.  As official partners of the Unbound Fund, we guide clients through every step of obtaining a Golden Visa by investing in Portugal’s regulated crypto ecosystem. We help you with: Initial investment in the Unbound Fund Navigating the full Golden Visa application process from abroad Opening a Portuguese bank account and getting your NIF Stay compliant through the full five-year journey to citizenship If your goal is mobility, residency, and eventually Portugal citizenship, we’re here to help make that happen, with transparent support, verified partnerships, and a commitment to doing things right. Final Thoughts: Are Golden Visa Investment Funds in Portugal a Good Fit For You? Portugal Golden Visa investment funds aren’t just a loophole or a backdoor; they’re now the main avenue to Portuguese residency for global investors. After the 2023 reform, they’ve become more visible, more transparent, and more professionally managed. What makes the Golden Visa investment funds in Portugal especially appealing is access and autonomy. You can live abroad, invest from afar, and still gain a foothold in the EU. You’re allocating capital into a regulated, tax-transparent vehicle, and in return, you’re building a path to a Portuguese passport. There are still risks. Funds can underperform. Timelines can shift. Political winds may change. But unlike in many other countries, Portugal has a track record of honoring commitments and maintaining residency pathways with integrity. And if part of your long-term thinking includes your later years, it’s worth considering whether Portugal is a good place to retire. With its mild climate, excellent healthcare, and favorable tax options, it continues to attract investors who are planning a different future. Portugal’s open, and is still one of the most accessible countries in Europe to build a future. It doesn’t matter if you select a high-yield tech fund or a stable agricultural vehicle; the opportunity is real. Now it’s just a matter of finding the right fit. FAQs How much do you need to invest in Portugal to get a Golden Visa? You can qualify with a €250,000 donation to an approved arts or cultural-heritage project, but most applicants choose the fund route, which requires €500,000 in a regulated venture-capital or private-equity fund because that has ROI. Is Portugal ending the Golden Visa program? No. the 2023 “Mais Habitação” law restructured the scheme by removing real estate options, but the Golden Visa itself remains open under the new rules. What are investment funds in Portugal? They are CMVM-regulated venture-capital or private-equity funds that channel money into Portuguese businesses; to count for a Golden Visa they must steer clear of real-estate holdings, and you must subscribe at least €500,000 and keep the units at least for five years. How much to invest in Portugal to get citizenship? Portugal doesn’t grant citizenship by a one-off payment; instead, you keep your Golden Visa investment (from €250,000 for donations or €500,000 for funds) for five years, spend an average seven days a year in the country, pass an A2 Portuguese test, and then you can apply for citizenship with no extra capital outlay.

18 MIN READ

06 Aug 2025

Easiest Digital Nomad Visa: Work and Travel Without Hassle
UncategorizedEasiest Digital Nomad Visa: Work and Travel Without Hassle For the enrichment of culture and, of course, economic benefits, countries now offer what is called a digital nomad visa to those with a remote job and a sense of wonder and adventure. But here’s the catch: many of them are buried in hidden fees or “gotcha” requirements. That’s why we’ve carefully compiled a list of the top 20 countries that offer a digital nomad visa, a logical step for those who dream of living in another country. Let’s find out which is the easiest digital nomad visa you can apply for. What is a Digital Nomad Visa? A digital nomad visa is a special type of visa built for remote workers that allows them to legally live and work in another country for an extended period without breaking immigration laws.  This visa is offered to those who make a living earning money via a remote job, have investments, are freelancing, or run a business outside the host country. It’s important to keep in mind that it does not allow you to take up local employment, so you must earn your income from abroad. Every country is unique with different sets of rules when it comes to these types of visas, but the overall process, on a fundamental level, is similar and looks like this: You must show all the required documents and prove that you work remotely for a foreign employer, own a business in another country, or are a freelancer. You must prove that you have a steady and stable source of income and can support yourself. Income requirements vary from country to country. However, generally, they aren’t particularly high, with many countries requiring about $50,000 per year. Once all documents are submitted, including proof of employment, bank statements, and health insurance, you must then pay the visa fee. This is, in full disclosure, extremely generalized. So, before applying for a digital nomad visa for a country, it’s best to read up on them specifically to understand all the nuances and little details. Benefits for Remote Workers Getting a digital nomad visa has the obvious benefit of escaping the 9-to-5 grind and exploring the world without leaving your job behind. It also comes packed with a bunch of other benefits for remote workers, such as: You can stay six months to a few years without worrying about overstaying. This gives you the opportunity to explore cultures deeply without visa troubles hovering over you. With a digital nomad visa, you’re on the right side of the law and free from the risk of fines or deportation. Some countries offer tax breaks or even low/zero income tax for digital nomads, meaning more cash in your pocket. Places like Dubai and Barbados are known for these perks. Depending on which country you decide to go to, you can massively lower your living costs, especially when coming from the West. This indirectly allows you to enjoy a more lavish lifestyle in a new country with more savings on the same salary. These visas often allow you to open local bank accounts, sign up for long-term rental agreements, and even access health services. In some cases, these visas can lead to permanent residency down the road, so it gives you a more stable home base abroad. However, this isn’t guaranteed, nor should digital nomad visas be used for that purpose. What Makes a Digital Nomad Visa Easy to Get? Everyone who has ever seen work visa applications before understands that they are far from easy or convenient. From dealing with bureaucracy to attending appointments, the process is long and tedious. Digital nomad visas, on the other hand, defy this and make obtaining one as simple as possible. Besides having low-income requirements, here’s a list of reasons why a digital nomad visa is easier to obtain: Minimal Paperwork & Simple Application Process Paperwork isn’t particularly difficult, but it’s tedious and time-consuming. This slows the process down. The fewer documents required, the easier the process becomes. Many countries only ask for proof of income, remote work verification, health insurance, and a clean criminal record for digital nomad visas. Some countries, like Estonia, even allow online applications for added convenience. No Sponsorship or Job Offer Required For traditional work permits, applicants need a company to sponsor them. Here, you merely need to prove you’re making money remotely. If that amount meets the requirement, your application can be processed. No Strict Education or Experience Requirements There are no requirements for educational qualifications or years of experience within a specific industry. Digital nomad visas do not take these factors into account. As long as you’re earning remotely and meet the basic requirements, you’re good to go. Moreover, the visa approval process is fairly straightforward and takes less time than a traditional work visa. Easiest Countries Offering Digital Nomad Visas Every country has its own set of rules and nuances when it comes to offering digital nomad visas, so it’s best to research the specific country you hope to visit. To make it easier, here’s a list of countries with the easiest processes and high selection rates. Some even offer unique perks. Anguilla This British Overseas Territory in the Eastern Caribbean has a fairly straightforward process with minimal paperwork. Its digital nomad visa, the Work From Anguilla Certificate, has an application process that takes around 15 days. However, the visa cost is on the higher side, which is $2,000 for a one-year validity, after which you'd need to reapply. Families are welcome, and a minimum monthly income of about $4,160 is required. Portugal Portugal’s digital nomad visa is an extremely tempting proposition for remote workers. The simple online application process makes it easy to apply. The visa is valid for a year, with plenty of options for renewal. You must have a monthly income of around €2,800-€3,000. Also, Portugal's Golden Visa program is available for investors, requiring a minimum investment of €500,000 (or an alternative qualifying investment). While more resource-intensive, it offers a pathway to EU residency with low physical presence requirements. Antigua and Barbuda If you’re looking for a longer stay from the outset, the Caribbean islands of Antigua and Barbuda offer you the chance to live there for up to two years with no local sponsorship requirements. The process requires minimal documents and allows online applications. The application fee is $1,500, and you will receive an update within 5–7 business days. The minimum income requirement is $50,000 per year. Barbados The Barbados Welcome Stamp is a special visa program introduced in 2020 to attract digital nomads to call this Caribbean island their new temporary home for 12 months, with the potential for renewal. The application cost is $2,000, with a higher price for family bundles. Bermuda Bermuda welcomes remote workers and university students attending online classes to live on the island for one year through its digital nomad visa program, which is renewable on a case-by-case basis. There is no set minimum income requirement, but you must provide bank statements to prove you can support yourself. Family inclusion is also possible. Cape Verde If you wish to live in an island paradise, Cape Verde’s Remote Working program makes it possible. Valid for 6–12 months No complicated income requirements Just show proof of €1,500/month in your bank account The best part is that you can apply online. Once it’s approved, you’ll have 30 days to land in Cape Verde and submit your documents. And to make it even better, your visa gets issued within 5 days of arrival, and you can bring your family along. Colombia Colombia’s Visa V Digital Nomads program aims to make the country highly appealing for remote workers. You can expect an answer within 30 days of submission, and the minimum monthly income requirement is only $1,100. Costa Rica Costa Rica’s “Pura Vida” philosophy makes it a popular choice for digital nomads. The country offers a visa option that allows you to live tax-free for up to two years. You will receive a response within 14 days after all necessary documents are provided. Curaçao @Home in Curaçao is a program designed for travelers, investors, and remote workers seeking a temporary home away from home. This digital nomad visa is valid for 6 to 12 months and has a fast processing time of about 30 days, with fees of only around $300. You must prove a steady income of approximately $2,500 per month, making it an attractive option for professionals who wish to relocate with their families. Dominica Dominica’s WIN (Work In Nature) Program has quickly become popular among digital nomads in the Eastern Caribbean. This English-speaking island offers a visa that allows nomads to reside on the island for up to 18 months. The application process is efficient, typically taking between 14 and 28 days. To qualify, you need to show a minimum annual income of $50,000. The visa fee is set at $800 for individuals and $1,200 for families, and the required documents include a passport copy, proof of international health insurance covering Dominica, and evidence of remote work and income verification in English. Everything is submitted online, but applicants must visit Dominica within 30 days of visa approval. Dubai (UAE) Entering the UAE through its Virtual Working Program always seemed to be on the pricier side, but it has relaxed its requirements. It now offers a one-year residency for remote workers earning at least $3,500 per month. Applying is easy and completely online, and the processing time is merely seven days. A major seller for Dubai’s digital nomad visa is the perks it comes with, like schooling for local children, the ability to open bank accounts, and even the option to apply for loans. This has made it a very practical option for remote workers who have a family. Grenada Grenada is a solid option if you’re thinking about relocating to the Caribbean. English is their official language, and there are no local income tax requirements, making it super remote worker-friendly. The only catch? You’ll need to apply the old-school way. That means mailing a physical package with your documents and a fee, which is $1,500 for individuals or $2,000 for families. It must be sent directly to the Grenadian Embassy in Washington, D.C. Once that’s done, you’re one step closer to enjoying tax-free island life. Hungary Hungary’s digital nomad visa is one of the easiest to apply for in Europe, with low-income requirements, minimal paperwork, and a validity of up to one year. However, the main drawback is that you must attend an in-person interview and appointment. If that’s not a dealbreaker, the process is fairly simple, with approvals typically taking about a month. Malaysia Malaysia’s digital nomad visa, known as the Professional Visit Pass, allows you to stay in the country for up to 12 months, with the option to renew for another year. Processing time is around 30 days, and the application fee is relatively low at $220 per person, with an additional $110 for dependents. However, the visa is only available to those working in digital industries, such as content creators, IT professionals, and digital marketers. Malta Malta offers a one-year digital nomad visa, which can be extended up to three years. The visa fee is relatively low, and you must demonstrate a minimum monthly income of approximately €2,700. Additionally, Malta has a separate Golden Visa program for investors, which requires an investment of around €500,000 and offers a pathway to long-term EU residency and eventual citizenship. Mauritius Mauritius has one of the easiest digital nomad visas in the world, as applications are free and approvals are typically granted within two days. You must show proof of remote income, usually requiring between $1,500 and $2,000 per month. You can also include family members in your application. All the necessary documents must be submitted in English or French. Namibia Namibia’s digital nomad visa allows you to live in the country for six to twelve months. The application process is fully online, and the fee is only $62. However, you must prove a monthly income of at least $2,000. Uruguay Uruguay offers a fully online application process with a visa fee of just $10 upon collection. The country has no stated income requirements, making it accessible to a wide range of digital nomads. The cost of living is also reasonable, as a single person can live comfortably on $1,500 per month. With no local income tax and a business-friendly environment, this country is an attractive option for remote workers. Albania Albania introduced its digital nomad visa in 2022, offering an initial one-year stay, extendable up to five years. There’s no official minimum income requirement, but it’s recommended that you earn more than the country’s minimum wage to improve your approval chances. Visa costs range from $67 to $107. Croatia Croatia’s digital nomad visa takes around two months to process and costs $139. You must show proof of a monthly income of $2,658. However, the visa is not renewable, so if you’re looking for long-term stays, it’d be better to consider other options. How Bitizenship Makes Your Digital Nomad Life in Portugal Easier If living in Europe is your goal, and you’re a crypto-first investor or remote entrepreneur seeking something more permanent than a digital nomad visa, Portugal’s Golden Visa is a powerful alternative. It gives you long-term freedom to live, work, and invest in Europe without constantly renewing your visa. And the cherry on top? Bitizenship makes the entire journey super smooth. We help you skip the paperwork and legal headaches so you can focus on growing your business and living your best life. Here’s precisely how we make the entire process simpler: Expert Guidance: Having over a decade of experience and 110+ successful visa applications, it only makes sense for us to walk you through every step, including choosing the right investment and handling the paperwork. Done-For-You Service: We collaborate with top lawyers and tax experts in Portugal so you don’t waste time figuring things out on your own. Family-Friendly: The Portugal Golden Visa allows you to include your spouse and children, giving your whole family a secure path forward. Long-Term Benefits: While most digital nomad visas expire in a year or two, the Golden Visa can lead to permanent residency and even citizenship in the EU. Bitizenship is your shortcut to making your digital nomad lifestyle official, minus the stress. Less hassle. More adventure. Get in touch to Invest in Portugal Golden Visa today. Closing Thoughts Digital nomad visas open up a world of opportunity by offering a legal and straightforward way to transform your lifestyle. A tip to keep in mind is to master your destination’s fine print. Think about income thresholds, residency rules, and tax implications before applying. With the support of a platform like Bitizenship, you can sidestep bureaucratic headaches, fast-track visa approvals, and even unlock smart tax strategies. FAQs What is the easiest country to be a digital nomad in? The easiest country for a digital nomad depends on visa requirements, ease and cost of applications, and overall cost of living. Considering these factors, Portugal, Albania, Costa Rica, Cape Verde, and Colombia offer simple digital nomad visa processes with reasonable income requirements and fast approvals. What is the easiest nomad visa to get? An easy nomad visa would have minimal paperwork, low or no income requirements, and a simple, fast, and online application process. Some of the easiest to obtain include those from Mauritius, Albania, Colombia, and Cape Verde. What is the fastest digital nomad visa to get? In terms of processing time, Dubai, Bermuda, and Barbados are among the fastest, with approvals typically taking less than a month. Dubai stands out, with approvals usually granted within 2–3 weeks. What is the lowest-income requirement digital nomad visa? Albania and Colombia have some of the lowest income requirements, at $815 per month and $750 per month, respectively.

14 MIN READ

24 Jul 2025

FAQ

(3)

Yes, we coordinate with trusted law firms and advisors to streamline the entire process for you.

Visit the official Unbound Fund website for detailed insights into Unbound Fund.

We focus exclusively on Portugal’s program, offering unmatched flexibility and strategic advantages.

View More