A new generation of Golden Visa investors: innovation, community and integration
Lisbon is one of the friendliest cities in Europe, and it has quickly stepped up its game on the tech and financial scene. And why do so many people think about getting a Golden Visa? We spoke with Nikhil Divecha, Financial Advisor to moviinn, and Alex Spann, Founder of Offchain City – two Golden Visa investors who are working to make more room for innovation in this country.
Alex was captivated from the start “because of the openness of the lifestyle, you meet fascinating people – wonderful Portuguese people, but also remarkable expats who have chosen to build a new life in Portugal. Over time, these relationships turn into communities. I found myself working in London, but with my friend base, the people I identified with the most, here.
Other than that, Portugal is consistently rated as one of the best places to live, with great food, great weather and beautiful landscapes. It’s easy for expats to get into and it’s a reasonably priced country (especially compared to other Western European countries). But that’s just the tip of the iceberg.
For Nikhil and Alex, community is key. Alex had worked in London for a few years and was craving a quality of life he couldn’t find in the UK, but what drew him to Portugal was the network of people he had. discovered, because “people who move to Portugal are generally open-minded. agents of change. Besides “nature and culture”, this is what we find in Portugal and not elsewhere. “Of course, there are other hotspots for the crypto community that rival Portugal, like the UAE or the United States – and they’re hard to beat – but what really stands out is the sentiment. that you can really connect with other like-minded people,” notes Spann.
He also wanted more time with his family and a better balance between work and leisure, and that is precisely what he discovered in Lisbon. “In London it’s all about work – you have less time for yourself, your health, your relationships. My business is my priority, but my health and my relationships are also essential to my success, so I really don’t want to sacrifice those things. Having more time to be with people and being in nature is a great life, and that’s what we’re here for. It’s more balanced,” says Alex.
After all, what is it in Portugal that attracts so many bright and talented people? According to Nikhil, it’s a combination of its people – who are kind, capable and humble – and the country’s untapped potential: hospitality and tourism attract investors, but there is also potential in agriculture and technology, with the latter booming as the country becomes a hotspot for techpreneurs around the world.
Foster innovation at all levels
Alex reports that in Portugal, he found a lot of willingness to embrace changes at the policy-making level, which resulted in Offchain becoming the first crypto fund to be approved by the country’s financial market regulator. , the CMVM (Portuguese Securities Market Commission).
When asked if he would still move to Portugal if he hadn’t made connections within this community, he had an interesting response: “If we talked about how things worked there five years, I probably wouldn’t have chosen Portugal. But everything is going so fast now with a lot of innovation and a community that contributes a lot to the revival of the Portuguese economy.
Over the past five years, this has all taken shape and there is a soft infrastructure in the country that keeps things going, allowing people to do whatever they want.
This is Portugal’s reputation abroad today: a place of creation, innovation and collaboration, a country where your ideas can take shape and where you can get things done.
Offchain’s Crypto Investment Fund; combining crypto and real estate to buy a Golden Visa
Offchain is all about innovation, and they have successfully launched a Golden Visa program that allows investors to combine crypto and real estate investments, allowing them to diversify their portfolios and reduce risk. “Investors interested in the Golden Visa can invest 400,000 in real estate because it’s safe, but they might still be willing to invest 100,000 in crypto and expose themselves to risk,” Alex explained.
The option to include crypto offering is new, however, and Alex has not come across any other fund that offers crypto and can provide access to citizenship programs. Sure, there are plenty of crypto funds out there, but not in the jurisdiction that focuses on citizenship programs – Offchain and Portugal are clearly innovators here.
Partnership with movienn
Alex found it easy to collaborate with moviinn. “One of our main founders had a fantastic experience working with moviinn, and we desperately needed a partner who was expert in all the ins and outs of the Golden Visa application process – moviinn was exactly what we needed need,” he explains.
With Offchain’s breakthrough crypto offering and moviinn’s excellence and expertise in handling the Golden Visa process and application, this partnership has everything it needs to succeed and reach customers who want to invest in the country for the long term.
“What really matters to us is that we find investors who want to get involved in the country and contribute to its economic growth – and we are also very careful in how we select our clients,” says Alex.
It is safe to say that there is a new wave of Golden Visa investors arriving in Portugal, nurtured by unique projects such as Offchain and moviinn, supporting them throughout their journey.
End-to-end support: what sets moviinn apart
When choosing to invest in a Golden Visa, it is important to know the client’s needs and, as much as possible, to know their investment portfolio. Nik’s goal is to find the right person for each person he advises.
“My goal as moviinn’s financial advisor is to help our clients make decisions, guiding them through the various market options.” He adds: “We want them to feel confident in their decision; this is a 6-7 year investment, and it is essential that they select an investment area that matches their profile and investment portfolio.
Nikhil Divecha, moviinn financial advisor
To do this, moviinn analyzes the needs of each of its clients and helps them determine the best investment option. Their commitment to transparency and the fact that they have no connection to a specific fund, sets moviinn apart from other Golden Visa investment agencies: “As a result, we are completely independent and primarily focused on finding the right solution for each person who comes. asking for our support,” says Nik.
And moviinn is there from start to finish. From the discovery phase, during which a client discovers the country and determines if it matches their profile, to the relocation phase, where they help each person to familiarize themselves with the administrative and bureaucratic aspects of moving to Portugal: choosing the right visa, opening a bank account, learning how to navigate the healthcare system, etc.
The moviinn community has really become an essential part of the process. For example, building strong connections with like-minded people is key to successful onboarding and one of the main reasons people continue to choose moviinn over other Golden Visa agencies.
Alex and Nikhil had already applied for golden visas on their own in the past, and although they were ultimately successful, the process was not easy for either of them. It was certainly a difficult journey. Not everyone may be up to the task of navigating the bureaucracy and complexity involved in the process, and that’s why they think it’s so important to have a service like moviinn for guide consumers through the maze of options.
A new generation of Golden Visa investment
“We’ve reached a tipping point now,” says Alex, reflecting on how much has changed in the past five years since he took the steps to invest in a Golden Visa. “People stay in Portugal, and they stay to build things and give something back.”
Smiling, he adds: “The new generation of Golden Visa investors is completely different from anything we’ve seen before: it’s a community of people who want to collaborate with each other, create roots in this country and, ultimately, contribute to its growth and innovation.”