In Europe, Portugal’s Golden Visa is widely recognized as one of the top residency-by-investment programs, offering flexibility, diverse investment options, and a clear pathway to citizenship for an investment of just €500,000.

Delays in processing applications

However, one of the key criticisms of the Portugal Golden Visa Program has been the delays in processing applications.

To address this issue, the Agency for Integration, Migration, and Asylum (AIMA) has recently implemented several measures to streamline the process and has set a goal to process all pending applications by July 2025, aiming to restore efficiency and confidence in the program.

As of 2025, investors can reasonably expect the entire process—from application to obtaining a passport—to take approximately six years.

Administrative process – multiple entities

That said, the administrative process includes several aspects and involves multiple entities beyond AIMA, which may also contribute to delays in application processing, namely:

Legal & Financial Requirements

  • Portuguese Tax ID (NIF) – Required for all applicants, obtained through a tax representative in Portugal.
  • Portuguese Bank Account – Needed to process investments and transactions.
  • Due Diligence & Compliance Checks – Banks conduct Know Your Customer (KYC) and anti-money laundering (AML) procedures.
  • Notary Certification – Some documents must be certified by a Portuguese notary or lawyer.

Investment Compliance & Documentation

  • Selecting a qualifying investment funds and engaging with the management company for compliance validation.
  • Ensuring all investment documentation is properly prepared and meets regulatory requirements.
  • For USA investors, to ensure the investment fund is USA - FATCA compliant and PFIC ready.

The administrative process requires coordination between lawyers, banks, investment firms, notaries, and AIMA, making it essential for applicants to work with experienced professionals to navigate the process smoothly.

With HAVEN 360° Service, investors enjoy a seamless, hassle-free Golden Visa process, ensuring maximum efficiency and full compliance.

HAVEN is a Fund eligible for the Golden Visa Portugal.

HAVEN Investment strategy

In terms of investment strategy, the HAVEN Hospitality Fund invests in premium hospitality assets, leveraging Portugal’s booming tourism industry, which has seen record-breaking growth in recent years.

Credits: Supplied Image; Author: Client;

The companies participated by the Fund HAVEN will use the hospitality concept The Editory Collection, created by SONAE Group, a concept that combines the self-curated styles with the cultural essence of each location.

The HAVEN Fund could also be called the “Capitals Fund”, due to the locations that will be the focus of investment:

· Lisbon, Capital of PORTUGAL

· Oporto, Capital of the North

· Funchal, Capital of Madeira

· Ponta Delgada, Capital of Azores

· Algarve, Capital of the Tourism

The first investment will be the acquisition of a Company with a project for the operation of a Hotel in the centre of Funchal, Capital of Madeira.

Eligibility and compliance

Finally, HAVEN eligibility and compliance are officially validated through legal opinions from EY Law and Sérvulo & Associados, one of Portugal’s most reputable administrative law firms.

Overall, the HAVEN Fund provides a secure and structured investment pathway, offering a FAST TRACK to Portugal's Golden Visa.

To learn more about Golden Visa Portugal visit our LinkedIn page https://www.linkedin.com/company/magnify-equity-operating-partners/posts/?feedView=all or visit us at www.magnifygvfunds.com

Discover the HAVEN Fund: https://magnify.partners/fund-management/haven/

João Barata

Board Member | MAGNIFY Capital Partners

jmb@magnify.partners