Portugal Golden Visa Fund Returns
August 21, 2023
William Callahan
Software engineer and founder with a background in finance and tech. Currently building aVenture.vc, a platform for researching private companies. Based in San Francisco.

I found return data hard to come by for private funds in Portugal's Golden Visa investment program, so I began aggregating it here. If you're an investor in a private fund in Portugal, feel free to share your NAV (net asset value, or price per share) updates and I can calculate performance updates for you here. Just send me a message and I can add it here and let you know once calculated.
Fund Performance Data
Portugal Ventures Portugal Gateway Fund (PGF)
As of June 30, 2023
Value of investment today€45,341.58
Value of initial investment€50,000.00
Distributions to date€0.00
Cumulative return-9.32%
IRR-5.75% a year
Iberis Capital Greytech II Fund
As of June 30, 2023
Value of investment today€255,380.00
Value of initial investment€257,500.00
Distributions to date€29,395.00
Cumulative return+10.59%
IRR+5.44% a year
Other Known Golden Visa Funds
- 7x Portugal
- ActiveCap Opportunities
- Atlanticorp
- Aretha Portugal Vision
- Aspect Fund I
- BlueCrow Growth
- CGA
- EQTY Global Growth
- Gaia
- Golden Caravel
- Growth Iberia
- Iberian Student Living
- Iberis Bluetech
- impACT NOW
- Impacto
- MedCapital
- Navigator II
- NEXT
- Odeon Private
- Pela Terra
- Portugal Gateway
- Portugal Growth Ventures
- Portugal Strategic Growth
- Portugal Yield II
- Prima Europe
- Saratoga POR 1
- Self-Storage I
- Sustainable Innovation
- TerraNova
- Vesta Fund
- Indico Blue
- Planeur
- Portugal 88 FCR