Portugal Horizon Fund for Golden Visa

Horizon is the first golden visa and digital asset fund with funds invested in Fixed Income and Digital Assets (BTC, ETH) with access to Golden residency in Portugal. In recent years Portugal funds have outperformed the S&P and US stock market, given some Portuguese funds, went on to achieve 25-30% this year, as a result of crypto rally post Trump election.

Investors joining Horizon Fund will enjoy superior Risk Adjusted IRR, but also access to a Golden Visa in Portugal with a path to Citizenship. The fund seeks a diversified, low risk & transparent exposure to yielding generating assets, whilst being managed by experienced team and investment managers with over 20 years of market experience in both Traditional and Digital Assets.

Octanova SCR Team has over 20 years of experience in Financial Markets including Digital Assets trading. This is the first Regulated Fund to offer Fixed Income with exposure to Digital Assets in Regulated, Safe, and Flexible manner

Fund Highlights

• Superior Risk Adjusted IRR: 15-20% projected
• Open Ended Flexible, with monthly Subscriptions and Redemptions (fee applies before 5 years)
• Safe Excellent diversification – 65% of the fund is allocated to corporate bonds across 16-20 PSI-20 names, with a maximum of 10% per issuer
• Top Tier partners including large European Bank and large US Broker-Dealer
  World class team with over 20 years of experience in Traditional and Digital Assets

Golden Visa Benefits

• Residency in Portugal – The investor and his/her immediate family, spouse and children. parents.
• Gain Residency Visa in Portugal after 6 to 12 months, allowing travel within 26 Schengen Area countries
• Path to EU Citizenship – After 5 years the Investor is allowed to apply for a Portuguese Passport, one week per year in Portugal is the only requirement.
• Low Tax Regime – Portugal has and attractive Non-Habitual Resident regime with low tax rate for 10 years for Investors moving Fiscal Residency to Portugal. Non Habitual Residency (NHR 2.0) will be available until end March 2025, will offer attractive tax benefits, such as a reduced 20% income tax rate for qualified professionals in strategic areas for the national economy.
• Supporting Investor Application – We partner with the best law firms in Portugal specialized in applying for the Portuguese Visa, holding the Investor hand every step of the way.
• Allocation – The Fund target allocation is 65% Portuguese Fixed Income and 35% Crypto Assets (BTC, ETH) allowing a stable return to investors while benefitting from the upside on Digital Assets.

Horizon Alternative Investment Fund

• HORIZON Fund Fund – Fundo de Investimento Alternativo Aberto Flexivel
• Fund Structure: OIA – Organismo de Investimento Alternativo
• Risk – Moderate
• Regulatory Approval – CMVM Approved
• Octanova SCR, S.A. (fund manager registered with the Portuguese Securities Market Commission- CMVM)
• Fund Size: € 100.000.000
• Management fee 2%, Subscription fee 2% and Performance fee 20%;
• Custodian – MILLENNIUM BCP, S.A. (licensed and supervised by the Portuguese Central Bank) Interactive Brokers, Gemini Trust Company
• Minimum Investor Commitment Amount: Category A: € 100.000
• Monthly, early redemption fee before 5 years Daily
• Fully complies with the Portuguese Golden Visa eligibility

After the investment made, the investor become the owner of the participation units of the fund, which will be held in the investor’s bank account. The Fund is Regulated by CMVM, Audited by EY with legal accountability by the fund manager and controlled by the custodian bank.

Brochure

Golden Visa Application

1. Obtain a Portuguese Fiscal number
2. Open a bank account
3. Transfer the amount € 500,000 to the new account
4. Subscribe the Participation Units

Horizon Fund Subscription

1. Declaration from Bank attesting transfer of funds to Portugal
2. Declaration from fund manager attesting fund compliance with Golden Visa
3. Document attesting ownership of Participation Units

Golden Visa Application

1. Compile all the required documentation
2. Submit application to Immigration Authorities
3. Attend interview at Emigration Authorities for Biometrics (in person)
4. Notification of Golden Visa approval
5. Renewal on Year 1 and 3 (The residence permit for investment funds are issued for 2 years with renewals.)

Completion of Cycle

1. Investor must remain invested for the duration of the Golden Visa
2. Term life of 6 years to assure eligibility
3. Redemption of the fund, and payback the capital and returns to investor
4. Permanent residency in 5 years. Eligible to apply for Citizenship.

Taxation

In terms of taxation for the fund participants, the applicable tax regime is based on an ‘exit taxation’ logic

• Individuals, Non-Residents: The income obtained is exempt from IRS (Income Tax) (1)
• Corporate Entities, Non-Residents: The income obtained from Participation Units is exempt from IRC (Corporate Income Tax) (2)

(1) Except when the holders, individuals,are residents in a country, territory, or region subject to a clearly more favorable tax regime

(2) Except in the case of corporate holders resident ina country, territory,or region subject to a clearly more favorable tax regime, or when it comes to corporate holders who are non-residents and are directly or indirectly held by more than 25% by entities or individuals resident in the national territory, except when this entity is resident in another member state of the European Union

(3) The description provided above of the tax regime concerning the FUND and its participants does not replace consulting the current legislation on the subject, nor does it guarantee that such information remains unchanged.

Please contact us for more information.