LISBON, PORTUGAL—A major new pathway to European residency has opened exclusively for wealthy Americans. In a first-of-its-kind move, Portugal has approved the launch of LXL Ventures, an investment fund designed specifically to give U.S. citizens a streamlined route to obtaining a “golden visa.”
The new fund is a direct response to a surge in demand from wealthy Americans seeking to diversify their assets and secure an alternative residency option—often referred to as a “Plan B”—amid growing economic and political uncertainty in the United States.
How the Golden Visa Fund Works
Portugal’s golden visa, officially known as the Golden Residence Permit Program, allows non-EU citizens to gain residency rights in the country in exchange for a qualifying financial investment. LXL Ventures is the first fund to be exclusively tailored for U.S. investors, addressing common tax and regulatory complexities that Americans face when investing abroad.
- The Investment: The fund is structured around a minimum investment of €250,000 into an approved venture capital or private equity fund.
- The Goal: The fund’s portfolio is strategically designed to be familiar to U.S. investors, with a split of 40% in the U.S. market, 35% in established Portuguese market leaders, and 25% in Portuguese innovation or technology companies.
- The Reward: In exchange for the investment, applicants receive a renewable five-year residency permit, which includes the right to live, work, and study in Portugal.
The Appeal for Americans
For many high-net-worth individuals, the LXL Ventures fund offers a highly attractive solution compared to other residency-by-investment programs.
- Minimal Stay Requirement: One of the biggest benefits is the flexibility. The program requires a minimum stay of just seven days per year in Portugal during the first two years, and a total of 21 days during the remaining three years. This makes it ideal for busy professionals who don’t want to fully relocate.
- A Path to Citizenship: After holding the golden visa for five years and meeting all legal requirements, investors are eligible to apply for permanent residency or Portuguese citizenship. Crucially, Portugal allows dual citizenship, so Americans can keep their U.S. passport.
- Access to Europe: The residency permit grants visa-free travel within Europe’s 29-country Schengen Area, providing an invaluable tool for global mobility.
According to a recent survey, Americans are the largest demographic now applying for Portugal’s golden visa, a dramatic shift from just a few years ago.
Conclusion
The launch of LXL Ventures is a watershed moment for residency-by-investment programs, demonstrating a new level of strategic focus on the unique needs of American investors. By offering a professionally managed fund with minimal residency requirements and a clear path to European citizenship, LXL Ventures has created a compelling and secure “Plan B” option. For wealthy Americans seeking to diversify their assets and expand their family’s global mobility, this is an opportunity that is generating significant interest.
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Disclaimer
The information regarding the LXL Ventures fund and Portugal’s Golden Residence Permit Program is based on official announcements and published reports. The investment of €250,000 is for a qualified fund and does not guarantee a return of capital. All investment decisions carry risk. This article is not legal or financial advice. All prospective investors should consult with a qualified, licensed immigration attorney and a financial advisor before making any investment or applying for a visa.
Official Website Link: LXL Ventures: https://www.lxl.ventures/