GOLDEN VISA PORTUGAL
Take advantage of the best investment
residency program in the world.
The Portugal Golden Visa is a citizenship-by-investment program that allows you and your family to obtain a European passport through a one-time investment of 500,000 euros.
Talk to our experts and find out how to
obtain dual European citizenship through
the Golden Visa.
Invest in Portugal and secure a European
passport for you and your family!

What is the Golden Visa Portugal Program?
The Golden Visa Portugal Program is one of Europe´s best residency and citizenship by investment programs.
With an investment of EUR 500,000 in a regulated fund, non-European citizens have the chance to obtain dual
citizenship, as well as being able to study, work and live in Europe.
Benefits of the Golden Visa Portugal

FREEDOM OF MOVEMENT

TAX BENEFITS

WITH NO REALOCATION
You don´t have to change your tax residency, you just have to stay a minimum of 14 days every two years.
.png?width=494&height=342&name=92d6110b-f60e-4961-9105-0054ab3e1d2b%20(1).png)
TOP QUALITY EDUCATION

EUROPEAN CITIZENSHIP

INVESTMENT OPPORTUNITY
Benefit from Portugal´s growing economy, especially in the sectors of tourism and services.

CULTURAL WEALTH

FAMILY INCLUSION

HIGH QUALITY OF LIFE
Portugal, known for its superior quality of life, offers an excellent health, education and safety system.
One of the ways to apply for the Golden
Visa is through a Portuguese regulated
investment fund.
-1.png)
Who we are
VIDA Fund stands out in the venture
capital market by offering exclusive
investment opportunities in sustainable
hotel projects in Portugal.
We are pioneers in transforming
underperforming properties into upscale
developments, generating not only a
financial return for our shareholders but
also contributing to sustainable
development.
In addition, we offer our investors the
chance to take part in the Golden Visa
Portugal Program, opening the way to
obtaining European citizenship.

Characteristics of the VIDA Fund
We are a hospitality investment fund from Portugal, focused on the management
touristic projects in Portugal.
We refurbish and operate existing hotels and condominiums which are currently
underperforming.
Our aim is to turn them into high-margin, high-quality operating assets to maximize our investors´ returns.
Investment Strategy
-
VERTICAL INTEGRATION
The Fund has substantial control over its operations, leading to superior risk management compared to asset
managers who rely on third-party operators. -
PDIRECT PROCESS
A group of experienced company builders and entrepreneurs take charge of the transformation process, implementing physical interventions and renovations as necessary.
-
EXPERIENCED OPERATIONS TEAM
We focus on optimizing margins by reducing costs, while at the same time improving non-core revenues.
OPPORTUNITY
Geographical focus: Portugal
Fundraising target: €50M
Minimum investment*: Class A shares - EUR 200,000 Class B shares - EUR 1,000,000 (minimum amount for Golden Visa investors EUR 500,000)
Fund manager: STAG Fund Management SCR S.A. TIR Target: > 10%
Fund duration: 7 years
Capital Return*: Expect a potential return of 2x at the end of the fund cycle.
Risk Awareness: Please note that all investments carry inherent risks. While we strive for high returns and capital growth, it is important to understand that market conditions can affect investment results. Values in EUR depend on the exchange rate.
OUR ASSETS
Villas d´Agua
A beachfront village in the Algarve, with state-of-the-art amenities in one of Europe´s most exclusive destinations.



With a single investment of EUR 500,000 in the VIDA Fund, in addition to obtaining dual citizenship, you will protect your wealth in a strong currency like the euro.
WE ARE A REGULATED AND AUDITED FUND
VIDA Fund is highly regulated to ensure that each investment goes through a triple verification system through Vida
Advisors, the Fund Manager and the Custodian Bank. The Fund is subject to a rigorous and thorough auditing process that complies with the Portuguese Regulator and ensures sound management of the Fund.

FUND ADVISOR
VIDA´s executive team identifies and reviews possible investments and submits recommended opportunities that
meet the strict criteria of the Investment Committee.
FUND MANAGER
Following the recommendation of the Investment Committee, the Fund Manager analyzes and decides on each investment proposal and gives final approval to each investment.
CUSTODIAN BANK
This is the final control over the investment, in addition to the necessary approval and ongoing regulatory supervision by the CMVM (Portuguese regulator).
MEET OUR TEAM
Maria Alvarez Garcia is a partner at Vida Advisors, responsible for tax, legal, structuring and fundraising issues.
Prior to Vida, Maria co-founded a €250 million funded multi-platform and worked at Macquarie Bank and Barclays Capital in London.
She began her career as a corporate and tax lawyer at Freshfields Bruckhaus Deringer in Madrid. Maria holds degrees in Economics and Finance
and Law from Universitat Pompeu Fabra,
Spain.
Alex Ohnona is a partner at Vida Advisors, responsible for overseeing strategic initiatives related to asset selection, concept development and design. Previously, he served as Managing Partner at Solis Capital, assisting real estate operators with expansion plans and capital raising.
Alex was Vice President at Selina, the fastest international hotel expansion to date, where he led product development, managed global partnerships and
contributed to a significant portfolio expansion.
He also played a key role within the Office of the President of Strategy at HCL. He holds a Bachelor of
Business Administration from Babson College.
José Covas is the CIO at Vida Advisors and oversees origination, investment and divestment. He is the founder and CEO of Iniciativability, a Portuguese Family
Office and Consultancy.
With nearly three decades of experience in the real estate industry, he has become a leading figure in the
investment advisory field, renowned for his expertise in valuation, strategic planning, risk management and business development.
Covas has managed the consulting and valuation departments in Iberia for international companies such as Colliers, Cushman and Wakefield or Knight Frank.
As founder and partner at Aura REE, he advised on real estate investments in Southern Europe. José also teaches Real Estate Valuation and Ethics in top MBA programs in Portugal and holds significant roles as President of RICS Portugal and Member of the IVSC
Standards Review Board.

Franco Capurro is a partner at Vida Advisors, responsible for sustainability strategy.
He is also the Chairman of Regenera and the Co-founder and Chairman of Banverde, Mexico´s first rooftop solar
investment fund, with a substantial financing facility of 76 million dollars.
Previously, he served as CEO of OneKey Ventures, managing and project finance for Larrain Vial´s $4.2 billion portfolio of mining and energy assets in China.
Franco has received accolades including being on the “40 under 40” list by Renewable Energy World and being
featured in publications such as the Financial Times, Forbes, Bloomberg and CNN. He holds a Master of Science in Management from Babson College and a
Bachelor of Science in Business and Economics from the Universidad de Chile.