A Quik way to Become a Permenent Resident in Europe through New Portugal Venture Capital Fund

Aretha Capital Partners, a UK-based real estate investment firm, has established its second European fund, Aretha Portugal Vision Fund FCR. The fund, which will be regulated by the CMVM (Portuguese Securities Market Commission), will begin accepting subscribers on July 1, 2021.

The new Portugal Venture Capital Fund welcomes global investors to invest solely in the acquisition of interests in this Portuguese Fund, allowing investors to earn from investment returns and capital appreciation while also taking advantage of Portugal’s Golden Visa Program.

Portugal’s Golden Visa Program, which began in 2012, is one of Europe’s most popular Golden Visa programmes. With a one-time investment of 350,000 Euros (about Rs 3.09 crore) in a regulated VCF under the local AIF legislation created by the CMVM, it provides a hassle-free means to become a permanent resident in Portugal and a path to citizenship.

The programme provides resident rights to the investor’s spouse, minor children, unmarried and dependent major children up to the age of 25 (if in full-time school), parents of the applicant, and spouse with a minimum annual stay of seven days under the family reunification statute.

Over 9700 individuals have invested over 5.8 billion euros in Portugal since the initiative began. However, in its current form, the programme will terminate on December 31, 2021.

The new legislation, which will take effect on January 1, 2022, will raise the subscription requirement for investors from 350,000 Euros to 500,000 Euros. Aretha’s Portugal Vision Fund is one of the first institutional-grade investment entities independent of any local developer.

Citizenship in the European Union provides benefits such as mobility and the ability to study, work, and settle anywhere in the EU, citizenship status, the right to vote, and even the ability to run for local office. Furthermore, when traveling outside of the EU, one can seek assistance from any EU country’s embassy or consulate, not just Portugal’s.

Photo Credit: https://theconversation.com/britons-shouldnt-get-their-hopes-up-about-keeping-eu-citizenship-after-brexit-91501