Can You Use a U.S. Self-Directed IRA to Invest in a Portuguese Golden Visa? ABSOLUTELY NOT.

Using SDIRA for Portugal Golden Visa poses legal and tax risks under U.S. and Portuguese laws. Avoid compliance issues with clean investments.

By Zeev Fisher
Why People Want to use a retirement account to invest in a Golden Visa Fund? Let’s start with the logic. A Self-Directed IRA (SDIRA) gives U.S. investors the ability to invest their retirement savings into alternative assets like real estate, private equity, or offshore funds — while maintaining tax-deferred growth. And the Portugal Golden Visa? It looks like the perfect match: - You already have funds in your retirement account. - You wouldn’t need to use cash or liquidate taxable investments. - You’d get EU residency, diversified exposure, and potential long-term returns — all in a tax-advantaged wrapper. Sounds like a brilliant hack. But it’s not. It’s a legal and tax disaster waiting to happen. How is it done? SDIRA > LLC > LDA > GV FUND Recently, various promoters started offering a structure whereby the Self-Directed IRA invests in a U.S. LLC, that than goes on to fund a Portuguese Limited Company (Lda.) that is owned by the beneficial owner who then goes on to make a Gold...