How Crypto Is Making It Easy for Investors to Get Visas to Portugal 🇵🇹

Lisbon-based investment firm FundBox together with trading platform Kvarn X is launching the KvarnPortugal Fund, a first-of-its-kind crypto product based on the CoinDesk 20 index that helps people who invest at least 500,000 euros in the fund easily establish residency there.

There's this big evolution going on in Portugal around fintech and crypto and our fund also is eligible for the “Portuguese Golden Visa,” which grants residency rights to people who invest at least 500,000 euros in the country. So we thought, wouldn't it be great if somebody could actually marry the two together and be able to appeal to this new market that’s emerging? So if you want to invest in bitcoin and the CoinDesk 20 index, we combined it into a unique fund where you put in the minimum amount for a Golden Visa, and then because it's 100 percent invested through a Portuguese company, it is Golden Visa eligible.

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