Mercan Private Equity Fund II

Portugal Golden Visa
Investment Program

Secure EU residency through a CMVM-regulated hospitality investment fund. The next chapter in Golden Visa fund investment.

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Mercan Private Equity Fund II (MPEF II)

Hospitality Investment Fund

Eligible for the Portuguese Golden Visa Program, the Mercan Private Equity Fund II is a CMVM-regulated closed-end private equity fund focused on hospitality investments across Portugal and Greece. With over 35 years of expertise and €1.3 billion invested, Mercan Group is the world’s most trusted Golden Visa partner.

CMVM Regulated

Registered under no. 2331, issued by the Portuguese Regulator

Upto 30% Annual Return

Projected annual return, tax-free for non-tax residents

34 Hotels & Projects

Across Portugal and Greece with €1.3B total investment

100% Buybacks Fulfilled

All buybacks due under agreements have been fulfilled

+4,100

Golden Visa Investors

The process

How the application worksPermit

Mercan manages every step, from fund subscription to final card delivery. Typical end-to-end timeline: 12-25 months.

Bank setup and tax identification

Open a Portuguese bank account (often remotely via a legal representative) and obtain your NIF tax number. Mercan's legal team handles both from the Montreal office.

Document compilation

Gather police clearance certificates, passport copies, proof of health insurance, and supporting application documents. Mercan provides a detailed checklist and assists with notarization and translations.

Fund subscription

Subscribe to the Mercan Hospitality Fund, review subscription documents, and transfer EUR 500,000 to the fund's designated account. Receive your official subscription certificate as proof of investment.

AIMA submission and biometrics

Mercan files your Golden Visa application via AIMA's ARI portal. AIMA pre-approves in principle, schedules your biometric appointment in Portugal (a 3–5 day trip), then issues final approval and the residence card.

Citizenship application

After a 10-year residency period (counted from the date your residence permit is issued, per the May 2026 Nationality Law update), apply for Portuguese citizenship. Requires A2 Portuguese language certificate, clean record, and good standing. Dual citizenship is permitted. Permanent residency remains available after 5 years of legal residence.

Bank setup and tax identification

Open a Portuguese bank account (often remotely via a legal representative) and obtain your NIF tax number. Mercan's legal team handles both from the Montreal office.

Document compilation

Gather police clearance certificates, passport copies, proof of health insurance, and supporting application documents. Mercan provides a detailed checklist and assists with notarization and translations.

Fund subscription

Subscribe to the Mercan Hospitality Fund, review subscription documents, and transfer EUR 500,000 to the fund's designated account. Receive your official subscription certificate as proof of investment.

AIMA submission and biometrics

Mercan files your Golden Visa application via AIMA's ARI portal. AIMA pre-approves in principle, schedules your biometric appointment in Portugal (a 3–5 day trip), then issues final approval and the residence card.

Citizenship application

After a 10-year residency period (counted from the date your residence permit is issued, per the May 2026 Nationality Law update), apply for Portuguese citizenship. Requires A2 Portuguese language certificate, clean record, and good standing. Dual citizenship is permitted. Permanent residency remains available after 5 years of legal residence.

Compare

Portugal vs. other golden visa programs

Feature

Portugal

Greece

Panama

Minimum investment

EUR 500K

EUR 250K

USD 300K

Path to citizenship

10 years

7 years

5 years

Residency required

7 days/year

None

1 week / 2 years

EU residency

Yes

Yes

No

Family included

Yes

Yes

Yes

Processing time

12-25 months

4-8 months

30 days

Growth Together

Frequency Ask Questions

We understand that the visa and immigration process can be complex. To help you get started, we’ve answered some of the most common questions our clients ask.

EUR 500,000 for the fund investment route, EUR 500,000 for business creation (with 5 new jobs), EUR 500,000 for research donations, or EUR 250,000 for cultural heritage donations. The fund route is the most popular and the one Mercan offers directly.

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