PharmaForte
First Pharma Fund LP
Private equity in Portuguese community pharmacies. A resilient and regulated healthcare segment aligned with the Portugal Golden Visa fund route.
Minimum subscription EUR 500,000 (fund route). Eligibility depends on meeting all legal requirements and approvals. No performance is guaranteed.
Golden Visa — Healthcare Fund at a glance
Residency applications submitted with partner law firms.
% approval rate on the fund route (subject to law).
Typical approval time from submission.
Golden Visa investment via qualifying fund.
Numbers are indicative and depend on individual files, authorities’ backlogs and legal requirements.
Why investors choose the First Pharma Fund
Healthcare impact with disciplined private-equity execution. Governance, operational uplift and a clear fund life cycle.
Pharmacies are regulated community healthcare hubs with stable demand.
Professional structure and oversight designed for institutional governance.
Centralised procurement, inventory, assortment and patient services.
Aligned with the Portugal Golden Visa framework subject to law.
Investment thesis
Acquire underperforming community pharmacies with improvement potential. Standardise operations, technology and reporting. Prepare assets for strategic exit within an eight-year horizon.
Portugal & the Golden Visa
Among the safest countries with high quality of life.
Schengen travel and global connectivity.
Family reunification according to applicable law.
Mild climate, education and healthcare standards.
Golden Visa eligibility requires meeting all legal criteria and approvals. Always obtain independent legal and tax advice.
How it works in 8 steps
Intro call with our team
Select legal partner · KYC · NIF · bank account
Subscribe to the fund (EUR 500,000 GV route)
Submit Golden Visa application (ARI portal)
Biometrics when scheduled
Residence card issuance
Renewals at year 2 and year 4
Year 5: eligibility to apply for PR/citizenship (subject to law)
Eligibility & stay requirements
- Non-EU/EEA/Swiss nationals seeking EU residency via the fund route.
- Proof of lawful source of funds and full KYC/AML.
- Clean background (no disqualifying criminal records).
- Year 1: at least 7 days in Portugal.
- Each subsequent 2-year period: at least 14 days.
- Confirm current rules with your legal counsel.
Your legal counsel confirms final eligibility and documentation required for the ARI process.
Document checklist (indicative)
- Passport (valid)
- Criminal record certificate (home country + residence)
- Marriage/birth certificates for family reunification (if applicable)
- Proof of address & tax number
- Source of funds & bank statements
- Subscription documents (fund)
- NIF (Portuguese tax number)
- Portuguese bank account
- ARI portal application & biometrics scheduling
Exact documents vary by jurisdiction and family composition. Your law firm will confirm the final list.
Costs & indicative timeline
€500,000 (fund route) + applicable fund fees.
Legal fees (per family), government fees & biometrics.
Onboarding/KYC/NIF/bank (weeks), application submission, approval ~6 months avg.
All fees/timelines are indicative and depend on file complexity and official backlogs.
Trusted by healthcare investors
Independent validation and real experiences to help you decide with confidence.
Institutional grade governance and oversight.
Applications handled by vetted immigration law firms.
Capital deployed into essential pharmacy infrastructure.
Standardised reporting and KPI tracking.
The process was clear and coordinated with our legal counsel.
— A. Rahman, UAE
A pragmatic route to EU residency while investing in community healthcare.
— L. Chen, Hong Kong
Professional governance and transparent reporting gave us confidence.
— M. Patel, India
Risks & compliance
Regulatory changes, competition, operator execution and liquidity risks may affect outcomes.
No guarantee of returns, residency approvals or timelines. Past performance does not predict future results.
Always consult independent legal and tax advisors. Subscriptions rely on official fund documentation.
Frequently asked questions
Is the fund eligible for the Golden Visa?
The fund is structured to meet Golden Visa fund route criteria. Minimum subscription for this path is EUR 500,000. Eligibility requires meeting all legal requirements and approvals.
Do I need to maintain the investment for five years?
Yes. Golden Visa rules require maintaining the investment for at least five years. The fund life cycle targets eight years.
Can I invest without applying for the Golden Visa?
Yes. The fund is open to qualified investors seeking exposure to Portugal’s pharmacy sector without residency.
What returns should I expect?
No guarantees. Request the brochure for strategy, risks and target outcomes.
What are the stay requirements?
Year 1: 7 days; each subsequent 2-year period: 14 days. Confirm current rules with your legal counsel.
Your plan starts now
Speak with our team or download the investment brochure.
Informational only. Not an offer or solicitation. Investments involve risk including possible loss of capital.
Services and Entities Involved
