A new investment fund, Unbound Fund, has launched an innovative approach for Bitcoin holders to obtain European Union citizenship through Portugal's Golden Visa program. This fund allows investors to gain eligibility for the Golden Residence Permit Program by indirectly holding over €500,000 (approximately $542,000) in Bitcoin.
Investment Structure: The Unbound Fund focuses on passive Bitcoin holdings and will also invest in BlackRock exchange-traded funds (ETFs) to enhance security and simplicity.
Citizenship Pathway: By investing in this regulated fund, non-EU nationals can secure a pathway to Portuguese residency and citizenship, which is particularly appealing given the growing interest in crypto investments.
Governance and Transparency: The fund is managed by Green One Capital and includes a three-member Investment Committee to ensure balanced decision-making. It undergoes rigorous audits by BDO, ensuring transparency for investors.
Bitcoin has shown remarkable performance over the past decade, often outperforming traditional asset classes. Its decentralized nature, scarcity, and growing institutional adoption make it an attractive investment option. The fund aims to leverage these characteristics while providing a secure route to European residency.
This initiative represents a significant shift in how cryptocurrency investments can intersect with global mobility and citizenship opportunities, marking a pioneering step in the investment landscape.