Portuguese immigration to the old government
On 6 October 2023, the new Law 56/2023, previously known as the More Housing Programme, was officially published on the website of the Parliament of the Portuguese Republic, with no buffer period and entered into force on 7 October.
Portugal Golden Visa Sustainable Investment! The following investment classes were withdrawn:
- Closure of €1.5 million deposits;
- 500,000 euros to buy a house;
- Closure of 280,000/€350,000 renovated properties.
Adjusted investments are only eligible for the following investment categories (historical approvals are based on data from October 2012 to September 2023):
- 10 job creations (historical approvals: 23)
- Invest no less than €500,000 in public or private scientific research institutions and integrate them into the national scientific and technological system; (Number of approvals in history: 9)
- Invest €250,000 to support artistic creation, restoration or protection of national historical and cultural heritage through central or local management services, public institutions, public foundations or private foundations with public utility status, as well as public cultural associations; (Number of historical approvals: 8)
- Invest at least €500,000 to create a business in Portugal, creating 5 permanent jobs; or invest in a domestic commercial company, create 5 new jobs or maintain at least 10 jobs (5 of which are permanent jobs) for a period of 3 years; (Number of approvals in history: 16)
- €500,000 is invested in a local Portuguese fund with an investment horizon of at least 5 years and at least 60% of the investment is realized through commercial companies headquartered in Portugal. (Number of approvals in history: 723)
Fund investment is significantly ahead of the other four investment methods, the immigration channel for house purchases is closed, the era of fund investment is open, and the future fund applicants will be greatly improved!
As an established fund, JWP Portugal Fund deserves to be the largest immigration fund in Portugal!
The new law is not retroactive, and the Golden Visa processing of previous applicants will continue, and the rights to family reunification and transfer to permanent residence will continue to be renewed.
Portugal's Golden Residency New Deal
Fund investment requirements: Invest not less than €500,000 in a fund established in Portugal for the acquisition of part of non-real estate collective investment enterprises (i.e. non-real estate funds), and require that the fund invest at least 60% in commercial companies headquartered in Portugal for a period of at least 5 years!
『Basic Information』
Residence permit: 2 years + 2 years + 2 years
Residency requirements: 14 days in every two years
Permanent residence or naturalization requirements: Hold a golden residence status for 5 years, of which the residence requirements + basic Portuguese A2 are met
『Applicant Requirements』
- Main Applicant:
a. Be at least 18 years of age;
b. non-EU citizens;
c. No criminal record;
d. Purchase private health insurance (SEF requirements vary in different regions, subject to the requirements at the time of submission);
- Affiliated Applicants:
a. The main application for legal spouse;
b. Children under 18 years of age;
c. Unmarried children over the age of 18 who are not financially independent;
d. Parents of the main applicant and parents of the legal spouse.
Portugal Golden Status of Residence advantages
Cost-effective quasi-EU status
- Free access to 27 European Schengen countries;
- No business background, no academic background requirements, no financial resource requirements, no language requirements;
- Very low residency requirements (14+14+14, an average of 7 days per year);
- Can work and do business freely in Portugal;
- Free public medical benefits, public education benefits;
- Newborns are "born on the ground" – newborns born in Portugal who have held legal status for one year and are born in Portugal directly acquire Portuguese status;
- One person can apply, three generations of immigrants, children and both parents can apply at the same time.
Basic introduction of fund projects
1.JWP Golden Fund IV Portugal Fund IV:
Nature of fund: Portuguese private equity fund
Legal structure: FCR Fundos de Capital de Risco, Venture Capital Funds
Investment strategy under the new policy: interest-bearing commercial operating company
Minimum investment: €500,000
Minimum holding period: 5+1 years (subject to the time when customer funds enter the fund custody account)
Exit method: Redemption of investment at maturity after 6 years
Window period: One window period per quarter
Debit method: Debit upon arrival
2. Official qualification of JWP Golden Fund
- Phase 1 query path:
- Phase II query path:
- Phase 3 query path:
- The fund is activated after the fourth phase of CMVM submission
3. Fund investment strategy – fully in line with the New Deal
Under the old policy, the definition of JWP's investment strategy in Portugal was Yield Asset, which is a model of holding only assets and signing leases with operating companies.
Under the new policy, JWP's strategy was adjusted to an interest-bearing commercial operating company, and JWP's investment team has many years of operating experience and this investment model is one of the mature models in Europe.
The common denominator of the old and new policies is that mature projects are also selected as acquisition targets. The difference is that the Old Deal Fund only holds assets, while the New Deal Fund holds mature interest-bearing operating companies.
4. The risk is controllable and the exit is clear
✪ Risk diversification, adhere to diversified allocation: control the investment amount of a single project, select medium-scale projects, diversify types and regions, reduce the risk of sale at the time of exit, and improve risk resistance.
✪Strong asset liquidity: Compared with individual investors, the fund mainly chooses popular areas popular with institutional investors, and has limited supply of just-needed projects to invest in to ensure liquidity at the time of exit.
✪ Clear exit path: The team has begun to plan the exit path at the early stage of investment, establish a database of potential buyers, and individual projects have finalized future buyers to lock in benefits in advance.
✪Clear exit time: Fund products have a fixed cycle, and there is no uncertainty in the return of funds, which is convenient for the team to plan reasonably in advance to ensure that the cash flow of the fund is sufficient at the end of the closed period, and investors do not need to worry about not being able to get their investment back.
5. Advantages of JWP Golden Fund Project:
1) The investment cost is clear and transparent; Product standardization, the investment amount can meet the fund share, and the fund has no taxes and additional maintenance costs;
2) Safety and worry-free, strong supervision; The fund is regulated by the Portuguese Securities Commission, the Central Bank of Portugal and the Central Bank of the European Union, and the funds are supervised by professional depository banks to ensure the safety of funds;
3) Diversified investment allocation and effective risk diversification;
4) The investment research system is sound and the professional team takes care of it; Through in-depth research on relevant policies and local market research, we can make more professional judgments for investment;
5) Do not use leverage to maximize the safety of principal; All investment activities of the fund only use its own funds, and the investor is the sole holder of the asset;
6) An established fund with 600+ successful cases, deserving the largest Portuguese investment immigration fund.
JWP Portugal Fund IV, the best investment choice for the EU path, the era of European immigration funds is officially here!