Golden stay in Portugal for digital currencies investors

Kvarnportugal’s Kvarnportugal Fund allows investors the opportunity to be exposed to the digital currency sector, with the possibility of obtaining Portuguese residence or citizenship.

The fund is a new investment compound that came as a result of the partnership between the Portuguese Fundbox Fundbox Company for the management of the funds and the European Kvarn x X to invest in digital currencies.

According to the Fund’s website, the subscription period ends two years from now in February 2027, and the fund is characterized by management fee of 0.05%, in addition to one subscription fees for one time by 2.5%, and moreover, investors also bear the definition fees for customers KNOW YOUR CUUR CUR COUR COUR KYC at a value of 1.25 thousand euros Or the equivalent of 1.289 thousand dollars.

The fund has a profit of 80 to 20 for investors who do not seek Portuguese residence, the minimum investment is 100,000 euros.

The fund is expected to allocate 80% of its portfolio to BTC, and 20% remaining for the Coindsk 20 “Coindsk 20” index, and this provides exposure to a wide range of digital currencies of large market value.

Kvarnportugal is compatible with “financial opportunity with practical interest” by integrating the index in a fund that facilitates residence by investing, according to Alan Campbell, the head of the Quendesk.

He added that the Coindsk 20 “CoINDESK 20” index is designed to be the most liquid indicators in the industry.

To take advantage of the fund to obtain residency in Portugal through the country’s golden visa program, investors must adhere to an amount of at least 500 thousand euros and spend at least 35 days in the country within 5 years that must be investigated through a Portuguese bank account.