Big updates this month: a new path to Portugal's Golden Visa through a Bitcoin-exposed fund, progress on IRS 2023 crypto returns, and tools we're building to make compliance easier for everyone.
Golden Visa Now Accessible Through Bitcoin Investment
€500,000
Minimum investment
Regulated fund
Vehicle
Bitcoin
Exposure
As of 2024, it's possible to obtain a Portuguese Golden Visa by indirectly investing €500,000 into a fund that holds Bitcoin. This route blends crypto exposure with a regulated investment vehicle — adding a compelling option for international investors seeking Portuguese residency and a pathway to citizenship.
IRS 2023 Filings: Where Things Stand
The first season of crypto-inclusive IRS submissions has wrapped. Here's the current picture:
Approved
The majority of filings including crypto sales and capital gains have been approved by the tax authorities.
Pending
Some clients are still awaiting the final liquidation note from Finanças. We're monitoring outstanding cases and will update affected clients as notices arrive.
Coming Soon: 24/7 Crypto Tax Advice via Telegram Bot
We're finalising a Telegram bot to provide instant tax guidance. It will launch with:
Free version
General questions on crypto taxation in Portugal — available to everyone.
Paid version
Personalised, round-the-clock support on complex situations. Launch details coming shortly.
Global Exchange Fiscal-Representation Document
We're compiling a reference list of where major crypto exchanges are fiscally represented. This matters because income from blacklisted jurisdictions is taxed differently in Portugal — exchanges domiciled in privileged/blacklisted regimes trigger specific reporting and tax treatment.
Background reading
For an overview of Portugal's privileged tax regimes and blacklisted jurisdictions, see PwC's fiscal guide:
PwC — Regimes de Tributação Privilegiada →Our compiled list will help you classify income correctly for Portuguese reporting. Watch this space or reach out to receive it when published.
Get in Touch
Exploring the Golden Visa route, need clarity on an IRS 2023 liquidation note, or want early access to the Telegram bot? Reach out.