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    PortugalGolden Visa

    What legal protections do I have if a Portugal golden visa fund manager fails or the fund underperforms?

    Answered by David Simões Fitas, In-House Portuguese Immigration Lawyer at Movingto
    Answered
    In short

    Funds have autonomous assets, a depositary and CMVM supervision, but no guarantee against loss or poor performance. Underperformance alone should not affect ARI if the units and eligibility remain; liquidation or loss of eligibility requires urgent review. In the end, it’s an investment with all the risks associated with it.

    David Simões Fitas, Ordem dos Advogados 67185P

    What legal protections do I have if a Portugal golden visa fund manager fails or the fund underperforms? The full answer

    Answered

    Funds have autonomous assets, a depositary and CMVM supervision, but no guarantee against loss or poor performance. Underperformance alone should not affect ARI if the units and eligibility remain; liquidation or loss of eligibility requires urgent review. In the end, it’s an investment with all the risks associated with it.

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    About the lawyer

    David Simões Fitas
    David Simões Fitas
    In-House Portuguese Immigration Lawyer at Movingto
    Bar
    Ordem dos Advogados (Portugal)
    Cédula no.
    67185P
    Status
    Active on the official register, checked · See the register ↗
    Admitted
    2022
    Languages
    Portuguese, English
    Answers here
    30 published answers
    View profile
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