Why Golden Visa Funds Are Replacing Real Estate in 2025 - Risk, Returns and Regulation

Frid 21 Nov 2025 09:00:00 +0000
Golden Visa 2025, Portugal Golden Visa, Golden Visa Funds, Real Estate vs Funds, Investment Migration

For years, real estate dominated the Golden Visa market. In 2025, regulated investment funds are replacing property as the preferred route for serious investors. This article compares risk, returns, governance, liquidity and investor profiles across property-based and fund-based Golden Visa strategies, explaining why high-net-worth families now favour CMVM-like regulated funds and portfolio exposure over single apartments. It also shows how fund-based models fit inside a global wealth architecture and why they are better aligned with modern regulatory expectations and long-term residency planning.