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
8 of 12 differ · marks a difference
Mercúrio Fund II, FCRPortugal Investment 1 (Saratoga POR 1)
Minimum investment
€100k
€150k
Management fee p.a.
2%
1.5%
Performance fee
20%
20%
Hurdle rate
5%
5%
Subscription fee
2%
0%
Redemption fee
0%
5%
Lock-up
8 years
6 years
Redemption
At end of term
Annual
Fund term
8 years
Not disclosed
Target return
~13–16%
8–11%
Fund size
€50M
—
Inception
Jan 2025
~Jan 2021
What the fees add up to
Mercúrio Fund II, FCRPortugal Investment 1 (Saratoga POR 1)Fees 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.
