Closed-end investment funds can obtain a residence permit in Portugal. What are the immigration scams of Portuguese funds?

What are the Portuguese fund immigration scams?

The closure of Portuguese funds is the biggest scam, and Portugal's residence permit can be obtained through investment funds. This is the best way to obtain a residence permit for applicants who do not intend to live or invest in real estate permanently in Portugal. The minimum investment of the fund is 500,000 euros. A person needs to invest for at least five years, but more often, after investing for six to ten years, the investment can be recovered. It takes three months to obtain a residence permit in Portugal through an investment fund. The applicant receives the taxpayer number, opens a bank account and purchases fund shares. Then collect residence permit documents, submit applications and biometrics. Investors' applications should be processed within 1-2 months. At each stage, investors are accompanied by immigrant investment lawyers. They accompany applicants in Portugal, help to select funds, make a list of documents, fill in forms and certify copies.

How to ensure the safety of the fund?

Most operating funds collect investors' funds and invest them in selected assets, such as residential or commercial real estate, Portuguese companies, industrial facilities or European stock markets. After the fund is profitable, it will be distributed to investors, minus the commission. The investment mode of the fund shall be stipulated in the contract and articles of association. The fund can only invest within the framework of the selected strategy. For example, if a fund is set up to invest in residential real estate, the management company cannot invest part of the investors' funds in commercial real estate or commerce. Portuguese Securities Market Committee (CMVM, Comiss? O do Mercado de Valores Mobil) supervises the compliance with the investment strategy, and this committee supervises the activities of all domestic funds.

Which funds are more suitable for applicants?

1. Although there are more than 200 funds registered with the Securities Market Committee, this fund is suitable for gold visa applicants. The funds participating in the Portuguese residence permit program must meet the additional requirements of fund allocation and stock expiration. Requirements for investment funds under the Portuguese residence permit program: registration with the Portuguese Securities Commission; Invest at least 60% of the capital of a Portuguese company or real estate company; The term of the stock is five years.

2. Many funds are specially set up for Portuguese gold visa applicants. The investment starts at 500,000 euros, which can be withdrawn in 5-7 years or in advance. The strategy of these funds is to reduce risks while saving capital. Therefore, in most cases, the minimum annual dividend is paid when investing in real estate. The fund may be applicable to gold visa applicants.

What's the difference between different funds?

1. Investment funds suitable for Portuguese residence permit applicants have different asset types, commission and expense ratios, dividend payment frequency (annual or final), profitability and investment patterns in their portfolios. According to the types of assets in the portfolio (investment strategy), the fund can be divided into the following investments: residential properties: residential buildings in Lisbon and holiday towns; Commercial real estate: hotels, shopping centers and office centers; Portuguese commercial enterprises: manufacturers, IT start-ups or breweries; At the same time, it has a number of assets: the fund can invest 50% of industrial facilities, 25% of agricultural land and 25% of commercial land.

2. Hybrid funds are rare in the market. 65438+ 00% of these funds. Other representatives are roughly the same. According to diversity, funds can be divided into funds that invest in one object, multiple or different economic sectors. A fund can only invest in one real estate or one company or several companies, all Portuguese real estate or some European and American real estate. All funds offer different combinations of risks and rewards. Each possibility has its own advantages, such as annual dividend, high income or diversified investment. Venture capital funds that invest in early-stage companies pay attention to the maximization of capital appreciation when exiting. They usually don't pay dividends, and the investment period is usually as long as 10 years.

3. When choosing a fund, we need to consider a set of criteria: the investment portfolio, the experience of the management company and the fund's own team, the commission for management and subscription, and the exit strategy. These are the basic conditions for studying the investment memorandum, legal framework and license, as well as the commission for fund transfer, which depends on the investor's bank and the fund's own bank. Therefore, as long as the right funds are chosen, the immigration to Portugal will be smooth and will not fall into the pit.