Summary
Portugal has approved a special investment fund targeting U.S. citizens for its golden visa program. This program lets wealthy individuals obtain residency in Portugal by making financial investments. There has been a significant increase in interest from Americans seeking this opportunity.
Key Facts
- Portugal launched a golden visa fund specifically for U.S. citizens.
- The fund is for wealthy Americans wanting to invest in Portugal.
- Interest in Portugal's golden visa program from U.S. citizens has risen sharply.
- The LXL Ventures fund addresses the interest of U.S. investors during economic uncertainties.
- Previously, few Americans applied for golden visas in Portugal, but they are now the largest group.
- A golden visa offers residency in exchange for investments like real estate or business ventures.
- The Portugal Golden Residence Permit Program requires investments starting at €250,000.
- The program allows golden visa holders to travel within the European Union.
