Golden Visa applicants must keep the qualifying €500,000 invested while the residency is active; naturalization timelines vary by case. Not legal advice.
Key facts, side by side
6 of 12 differ · marks a difference
Alpha FundFortitude Portugal Special Situations II
Minimum investment
€100k
€100k
Management fee p.a.
2%
2%
Performance fee
20%
20%
Hurdle rate
8%
7%
Subscription fee
2%
5%
Redemption fee
0%
0%
Lock-up
10 years
4 years
Redemption
At end of term
At end of term
Fund term
10 years
4 years
Target return
20–25%
15–20%
Fund size
—
€150M
Inception
Jan 2025
~Jul 24, 2025
What the fees add up to
Alpha FundFortitude Portugal Special Situations IIFees on €500k over 8 years — subscription + management only
Constant-balance illustration on a €500,000 Golden Visa subscription. Performance fees, redemption fees and fund-level costs are excluded — verify the full stack in each fund's prospectus.
This comparison restates researched data side by side — it is not a recommendation of either fund. Facts marked with a dash or "not disclosed" were not published; how much weight any difference deserves depends on your situation.
