Ensuring that your chosen investment fund for the Portugal Golden Visa is eligible and reliable requires a thorough due diligence process. Here are the key steps:
1. Verify Regulatory Approval. Confirm that the fund is registered with the Portuguese Securities Market Commission (CMVM), the regulatory body overseeing investment funds in Portugal. You can check the CMVM website (www.cmvm.pt) to see if the fund is listed.
2. Legal Opinions and Compliance Checks. Ensure the fund’s eligibility and compliance with Golden Visa requirements is validated by reputable law firms (e.g., EY Law, Sérvulo & Associados).
3. Track Record and Fund Manager’s Reputation. Research the fund manager’s experience, reputation, and past performance. Look for established fund managers with a history of successfully managing similar funds. Verify their regulatory standing and any past disciplinary actions.
You should also consider assessing the following additional aspects:
- Investment Strategy and Risk Assessment. Understand the investment strategy (e.g., real estate, venture capital, infrastructure). Assess risk levels, expected returns, and exit strategy to determine if it aligns with your financial goals. Ensure the fund has a well-defined liquidity mechanism.
- Exit Strategy and Liquidity. Verify the exit options (e.g., resale, redemption by fund, listing on a stock exchange).
- Transparency and Accessibility. Confirm that investors can have access to the Fund bylaws, Management declarations, Legal opinions, Periodic reports (financial performance, audited statements).
- Independent Audits and Third-Party Reviews. Ensure the fund is audited by a reputable external auditor.
Finally, if possible, connect with existing investors to get firsthand insights into the fund’s performance and management.
To learn more about Golden Visa Portugal and the eligible funds, visit our LinkedIn page or visit us at www.magnifygvfunds.com
Discover the range of Golden Visa Portugal-eligible funds, including:
- CERES Food Retail: https://magnify.partners/fund-management/ceres/
- HAVEN Hospitality: https://magnify.partners/fund-management/haven/
