Portugal has introduced a new opportunity for Bitcoin investors through its Golden Visa program, offering a unique pathway to European Union residency. Investors can now qualify by holding Bitcoin worth at least €500,000 (approximately $542,000) through the Unbound Fund. This fund invests in Bitcoin and related financial instruments, providing a passive investment strategy. This innovative approach not only opens doors for obtaining EU residency but also positions Portugal as a potential hub for crypto enthusiasts and investors looking to benefit from favorable regulations.
Portugal’s new Bitcoin Golden Visa program is a groundbreaking initiative that allows non-EU citizens to obtain a residence permit by investing in Bitcoin. To qualify, applicants must invest at least €500,000 through the Unbound Fund, which focuses on passive Bitcoin holdings and BlackRock ETFs for added stability. This program not only facilitates EU residency but also aligns with Portugal’s favorable stance on cryptocurrencies, making it an attractive destination for crypto investors. The initiative could draw significant interest from those looking to secure a foothold in the EU amidst a growing digital asset market.
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