By André Bandeira, Investor Relations - Explorer Investments
Real‑estate routes have been restricted. Today, the CMVM‑regulated fund route is the most disciplined pathway for the Portugal Golden Visa. Below, I explain why institutional investors - and increasingly families - are choosing this route with Explorer.
€1.8B
Assets Under Management
As of 17 Oct 2025
98+
Assets
38
Exits
3x
Target MOIC
~22% (Explorer III)
Portugal’s Golden Visa - formally the Residence Permit for Investment Activity (ARI) - grants residency to non‑EU nationals who invest under clearly defined criteria. After five years, successful applicants may seek permanent residency and subsequently citizenship, subject to language and legal requirements.
“As eligibility tightened for real‑estate routes, sophisticated investors migrated to CMVM‑regulated funds. You get disciplined governance, diversification, and a clear audit trail - exactly what regulators and families prefer.”
As an American investor (or US tax resident), verify that the fund accepts US Persons and provides appropriate FATCA and PFIC reporting. Our Investor Relations team supplies these details and coordinates with your counsel.
“My role is simple: make your cross‑border investment as clean, compliant, and predictable as possible - so you focus on strategy, not paperwork.”
Explorer Investments is Portugal’s #1 private‑equity platform by reputation and depth. Putting Golden Visa capital alongside institutions changes the conversation: same governance, same discipline, same ambition.
€1.8B
AUM
3x
Target MOIC
~22% (Explorer III)
€500,000
Minimum Investment
“Access matters. We open the same engine room that powers institutional mandates - and we invest with skin in the game.”
For illustration only; not a guarantee of future results.
Book a session with our specialists - zero cost and no obligation.
Confirm scope, documents, and timelines; align expectations.
Understand the strategy, track record, and compliance details.
Receive a customized roadmap around your family and tax profile.
This article is general information, not legal or tax advice. Always review the prospectus and seek independent counsel.
€500,000 into a qualifying CMVM‑regulated fund.
Typically 7 days/year to maintain residency. Always verify current rules.
Yes - spouse, dependent children (and, in some cases, dependent parents).
Often after 5 years of residency (with language and other legal requirements).
Institutional platform, disciplined governance, and access alongside major investors - with skin in the game.
Speak directly with me or a senior colleague. We’ll map your residency goals to a compliant, institution‑grade investment strategy.
André Bandeira
ab@explorerinvestments.com
Maria Campos Silva
mcs@explorerinvestments.comInstitutional‑grade performance with disciplined value creation.
CMVM oversight and 20+ years operating in Portugal.
Maintain residency with approximately 7 days per year.
Include spouse and dependent children under the same visa.
Permanent residency after 5 years; citizenship application thereafter.
Live, work, and travel throughout the European Union.
Get your complete, free guide to the Portuguese Golden Visa. Learn how to invest with confidence through Explorer Investments, the country's largest private equity fund.
André Bandeira
ab@explorerinvestments.comMaria Campos Silva
mcs@explorerinvestments.comCopyright © 2025 Explorer Investments
It is recommended to consult Chapter V of Decree-Law nº 162/2014, of October 31st, published in the Official Gazette, as well as its revision by Law nº 2/2020, of March 31st. The information included here is of a general nature, and therefore each potential investor should seek independent advice (e.g., legal, financial, tax, etc.)