Aretha Portugal Vision

Aretha Portugal Vision Fund FCR was launched in mid-2021 by Aretha Capital Partners, a UK-based advisory firm, as its second European residency-investment vehicle, with Lisbon private-equity house Cedrus Capital acting as the CMVM-licensed fund manager. Aggregator data records a mixed investment profile, an accessible €50,000 minimum ticket, a 10-year maturity — and a subscription deadline of May 2024, so the fund is closed to new investors.

Public information has largely evaporated since. Aretha Capital's own website (arethacapital.com) now returns a 404, the archived version was a general advisory brochure without fund terms, and Cedrus Capital's site does not list the fund individually. Launch-era press named Banco Carregosa as custodian and KPMG as auditor and described a sale-and-leaseback/opportunistic-development strategy, but that coverage could not be fetched for verification, so those details are recorded only as unconfirmed context.

The real-estate-linked launch strategy would not qualify under the post-October 2023 Golden Visa rules; investors who subscribed under the old regime retain grandfathered rights. This entry stays in the database for reference — anyone holding units should deal directly with Cedrus Capital, the surviving regulated entity.