Portugal has made a groundbreaking move by introducing the Unbound Golden Visa Fund, the first-ever Bitcoin-focused Golden Visa fund. This innovative fund allows investors to gain residency in Portugal while investing in digital assets, particularly Bitcoin, marking a significant shift in the investment landscape.
Overview Of The Unbound Golden Visa Fund
The Unbound Golden Visa Fund is designed to attract foreign investors looking for a pathway to Portuguese residency through cryptocurrency investments. With a fund size of €100 million, it primarily invests in local Portuguese companies that hold and stake in digital assets, especially Bitcoin.
Fund Characteristics
- Fund Manager: Green One Capital
- Depository Bank: Bison Bank
- Auditor: BDO
- Management Fee: 1.5% per annum
- Performance Fee: 10% of profits
- Fund Term: 8 years
Investment Strategy
The fund’s strategy is to provide investors with a passive exposure to digital assets while ensuring a secure investment environment. It utilizes institutional-grade ETFs to minimize risks associated with cryptocurrency investments.
The launch of the Unbound Golden Visa Fund represents a significant innovation in the investment migration sector, combining the benefits of the Portuguese Golden Visa program with the lucrative potential of Bitcoin investments.
This unique offering not only opens doors for investors seeking residency in Portugal but also aligns with the growing trend of digital asset investments. As the cryptocurrency market continues to evolve, the Unbound Golden Visa Fund positions itself as a pioneering option for forward-thinking investors..