Discover why the Portugal Future Fund has been included in the 2025 Golden Visa Investment Fund Index and learn more about the fund strategy
The Portugal Future Fund has been featured as one of the leading alternative investment funds for Portugal’s Golden Visa in the 2025 Golden Visa Investment Fund Index compiled and researched by Portugal Pathways.
This recognition underscores the fund’s strong investment thesis, regulatory governance, and diversified investment strategy that aligns with Portugal’s key sectors forecast for growth.
Portugal Pathways' 2025 Golden Visa Investment Fund Index provides valuable insight into the alternative investment funds available for residency-by-investment in Portugal. This year’s outlook suggests a record interest from investors, particularly from North America, the UK, South Africa, Brazil, the Middle East, India, China, and Hong Kong.
With investments linked to the Golden Visa residency-by-investment programme having already exceeded €7.3 billion, the alternative investment fund market in Portugal continues to show remarkable growth in inward investment. Notably, the first quarter of 2025 has already seen a 43% increase in investor enquiries and commitments compared to the same period last year.
The Golden Visa Investment Fund Index for Portugal evaluates over 30 key funds based on investment theses, projected internal rates of return (IRR), upfront costs, management fees, downside protections, and risk profiles. This ensures investors and advisors can make informed decisions when navigating Portugal’s Golden Visa investment landscape.
As one of only a select few alternative investment funds approved for the Golden Visa by the Portuguese Securities Market Commission (CMVM), Portugal Future Fund distinguishes itself through its structured financial hurdle rate incentive and strategic sector diversification.
It is important to clarify that while the Portugal Future Fund operates under CMVM regulations, its inclusion in the Golden Visa programme does not imply direct endorsement by the CMVM or any other governmental body.
Unlike many funds concentrating on a single industry, Portugal Future Fund takes a multi-sector approach.
The fund is investing in media and international events, capitalising on Portugal’s position as a top global destination for conventions and conferences, including events like the Web Summit, Portugal Investment Owners Club investment forums, and the IFA Global Conference.
The Portugal Future Fund also focuses on tourism and hospitality, leveraging Portugal’s status as a leading tourist destination with high-growth potential. The healthcare sector is another area of investment, supporting innovation-driven health solutions that serve both local and international markets.
Additionally, the fund contributes to the growth of Portugal’s technology ecosystem, which has become a hub for start-ups and innovation. Portugal Future Fund also invests in renewable energy, aligning with the country’s commitment to sustainable energy and environmental responsibility.
This diversified strategy not only enhances growth opportunities but also offers investors additional layers of security and downside protection compared to sector-specific funds.
Portugal Future Fund provides an attractive investment structure with a 4% annual hurdle rate before any performance carry is awarded to Quadrantis Capital, the fund’s managers. This ensures that investors receive a baseline return before management benefits, reinforcing a strong alignment of interests between investors and fund managers.
Paul Sheedy, international advisor to Portugal Future Fund, highlighted the advantages of this diversified strategy:
“A blended approach to investment—spanning sectors such as luxury hospitality and tourism, renewable energy, media, healthcare, and technology—not only aligns with Portugal’s dynamic economic landscape but also creates a resilient portfolio that thrives across sectors.
“We have seen that the multi-sector investment approach can give some further protection against underperforming sectors in a portfolio, giving investors more security and downside protection.”
Portugal’s Golden Visa residency-by-investment programme remains one of the most attractive residency-by-investment programmes in the world. With a minimum investment of €500,000 in approved alternative investment funds, investors can secure a five-year residence permit, leading to permanent Portuguese citizenship and an EU passport.
It is crucial for prospective investors to understand that participation in the Golden Visa programme involves risks, and returns are not guaranteed. Investments in private equity funds can be illiquid and should only be made following consultation with a qualified financial advisor.
One key benefit of Portugal’s Golden Visa residency-by-investment programme is its minimal residency requirements. Investors need to spend only seven days per year in Portugal. Investors can also obtain dual citizenship after five years, allowing them to apply for Portuguese citizenship while maintaining their original nationality.
The scheme also grants freedom of movement, providing visa-free travel across the 29 European Schengen countries. Furthermore, investors may benefit from Portugal’s new Tax Incentive for Scientific Research and Innovation (IFICI), also known as the NHR 2.0 tax regime, which allows qualifying individuals to pay 0% tax on non-Portugal-related capital gains and dividends.
Portugal’s economy continues to outperform the Eurozone and the UK, with its international economic rating upgraded to A+ in February 2025. According to Ernst & Young (EY), investor confidence in Portugal is at an all-time high, making now an excellent time to invest in its alternative investment funds.
The Portugal Future Fund, with its CMVM-approved status, multi-sector focus, and structured financial incentives, presents a compelling option for investors seeking a secure and high-growth opportunity under the Golden Visa programme.
The Portugal Future Fund strategically invests in key sectors, driving growth and innovation across Portugal. Approved for Portugal’s Golden Visa residency-by-investment, it offers a unique opportunity for impactful and rewarding participation.
Disclaimer: The information on the Portugal Future Fund website and in email communications is for general informational purposes only and should not be construed as legal, tax, or financial advice. You should consult and check with a qualified professional advisor before relying on any information provided on this website or in email communications. As it relates to investments in Golden Visas or other wealth management solutions offered by regulated and professional advisors, it is important to note that past performance is no guarantee of future returns. Private equities can be highly illiquid and come with risk and should always be under professional independent advice. Portugal Future Fund operates under CMVM regulations but is not directly endorsed by the CMVM or any governmental entity.
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