Queer Money®: How Gay People Do Money

How This Man Scored a Portuguese Residency | Queer Money Ep. 611


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Portugal’s Golden Visa with Your IRA? David’s Path to Investing & Retiring Abroad

What happens when a regular gay man says “enough” to U.S. chaos and starts building a fabulous Plan B abroad? Meet David Govacker, a medical professional who leveraged a self-directed IRA to invest in a diversified fund, qualify for Portugal’s Golden Visa, and set up a life with sunshine, safety, and equality—without Trump-era stress or American price tags. If you’re exploring investing for residency and retiring abroad, this episode is your blueprint.

Top Takeaways:

  • Why Portugal? LGBTQ+-affirming culture, stable politics, urban lifestyle, big airports, and easy U.S. access.
  • Golden Visa 101: The €500k investment route, residency timeline, and minimal stay rules (think: ~14 days every 2 years).
  • Investing via IRA: How a self-directed IRA rollover (not a taxable distribution) can fund a qualifying investment.
  • Fund choice matters: Why a diversified, open-ended mutual fund (vs. private equity lockups) matched David’s risk profile.
  • Logistics made simple: Paperwork, biometrics, realistic timing, and avoiding tax pitfalls with clean rollovers.
  • Plan B → Peace of mind: Build optionality now so you’re not scrambling later.
  • Real talk for LGBTQ+ folks: Looking for places where equality is both law and lived.

Perfect for: LGBTQ+ professionals curious about Portugal, the Golden Visa, investing for residency, and retiring abroad—without giving up financial sanity or safety.

Loved this? Share with a friend who’s Golden-Visa-curious, and subscribe for our Netherlands retirement countdown next week.

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Mentioned in this episode:

Ready to retire where you can be yourself... fully?

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Queer Money®: How Gay People Do MoneyBy Queer Money

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