With property curbs in place, the fund route has become mainstream. Your core risk isn’t just performance; it’s administration friction among fund, depository, immigration counsel, and bank.
Team map
- Immigration counsel: appointments, translations, biometrics.
- Fund manager & custodian: reporting cadence, capital calls, audit.
- Bank: receipts, statements matching program demands.
Due diligence
Read the limited partnership or subscription docs; check liquidity windows; verify the depository’s service-level commitments for residency filings.
Process
Wire sequences, SEF/SAPA equivalents (verify latest), and renewal cadence. A good team rehearses the sequence and gives a single-PDF evidence pack.
Red flags
Funds that cannot produce investor letters on deadlines; banks that won’t stamp official statements.
Fees
Legal + fund + depository + government. Demand a full-cost table for year 1 and renewal years.
CTA
Pick counsel who has worked with your specific fund and depository before.
Editor’s note: In fund-based residency, operations beat brochures.