€500,000 Bitcoin Investment Qualifies for Portuguese Golden Visa Program via Unbound Fund


€500,000 Bitcoin Investment Qualifies for Portuguese Golden Visa Program via Unbound Fund

  cryptonewsland.com 24 July 2024 09:18, UTC

  • Unbound Fund offers Portuguese and EU citizenship by holding Bitcoin worth €500,000.
  • The fund ensures 100% passive Bitcoin holding with BlackRock ETFs.
  • Unbound Fund provides full transparency with BDO audits and a secure governance structure.

Investors can now obtain Portuguese and EU citizenship by indirectly holding Bitcoin worth €500,000. This opportunity is facilitated by Unbound Fund, the first Golden Visa-eligible fund offering exposure to Bitcoin. The fund aims to leverage Bitcoin’s potential while aligning with the benefits of Portugal’s Golden Visa program.

Hold #Bitcoin and acquire Portuguese/EU Citizenship

It is now possible to acquire Portuguese/EU citizenship by indirectly holding #Bitcoin worth €500K.

I am excited to introduce https://t.co/DgqCyGTfgv

Unbound Fund is the first Golden Visa eligible fund that gives you… pic.twitter.com/SVJjjg8x70

— Alessandro Palombo (@0x_ale) July 23, 2024

Unbound Fund stands out for three reasons. It ensures 100% passive Bitcoin holding without market timing. It also partners with BlackRock ETFs, known for security and simplicity. It also offers complete transparency with BDO audits, ensuring investors are well-informed about costs and operations.

The fund operates by allowing individuals to deposit fiat currency, receiving fund units in return. This capital is then invested into a local research company, Unbound Research Lda., which gains Bitcoin exposure via BlackRock ETFs. The involvement of BlackRock, a leading asset manager, adds a layer of security and reliability to the Bitcoin investment.

Unbound Fund’s structure includes a three-member Investment Committee advising Green One Capital, the fund manager. This committee ensures balanced decision-making, including an independent industry expert, a chair appointed by Green One Capital, and a member suggested by the Fund Advisor.

Additionally, BDO conducts rigorous audits, providing full transparency. Investors can access audit reports, enhancing trust and security in the investment process. The fund’s depository bank, known for cryptocurrency custody solutions, and the Portuguese financial authority also play crucial roles in maintaining the fund’s integrity.

Unbound Fund offers an original approach to incorporating Bitcoin investing with the Portugal Golden Visa program. Investors in this regulated fund will have the opportunity to learn about Bitcoin while also opening their way to citizenship and residency in Europe. This option is especially appealing for those looking to diversify their portfolios, hedge against inflation, and provide a better future for their children.

Unbound Fund offers a unique, transparent, and secure way to invest in Bitcoin while accessing the benefits of Portuguese and EU citizenship. With trusted partners and a strong governance structure, it provides a reliable pathway for global investors.

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