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Is Bitizenship legit?

Don’t take our word for it. Here is how to check.

Sunset over the Tagus, Lisbon
In short

Bitizenship’s programs rest on public, checkable structures: a Portugal fund whose manager is authorised by the CMVM (Nr. 2089), an Italian company registered as an Innovative Startup, a named founder and press coverage since 2024.

Investments are never made in Bitcoin, and in Italy capital moves only after the visa is approved.

Updated October 2026

Verify it yourself
Fund manager
CMVM (Portuguese Securities Market Commission) register, Nr. 2089, on cmvm.pt
Fund information
bitizenshipcapital.com and the fund’s official documents; fund dealings happen exclusively through Bitizenship Capital
Italian company
Bitizenship Italia S.r.l. in the special section for Innovative Startups of the Italian business register
Website operator
Bitizenship Pte. Ltd., Singapore (legal notice)
Founder
Alessandro Palombo, named publicly since 2024 (founders)
Press history
Coverage since 2024, including under the former name Unbound (press)
Safeguards

Built into the process.

01

Visa before money

In Italy, capital is transferred only after the Nulla Osta and consular visa are issued.

02

Euro rails only

Investments go through compliant euro bank transfers, never in Bitcoin.

03

No guarantees

No guaranteed returns, residency or citizenship; capital is at risk.

04

Independent review

We encourage investors to consult their own lawyer and tax advisor.

Red flags

What to watch for with any provider.

Promises of guaranteed citizenship or returns, requests to pay in crypto, pressure to transfer money before approval, and no named people or regulated entities.

Questions

Is Bitizenship a scam?

No. Bitizenship operates through identifiable entities: Bitizenship Pte. Ltd. (Singapore), a Portugal fund whose manager is authorised by the CMVM (Nr. 2089), and Bitizenship Italia S.r.l., an Italian Innovative Startup. You can verify these independently.

Is the Portugal fund regulated?

The fund is managed by an asset manager authorised by the Portuguese Securities Market Commission (CMVM), registration Nr. 2089.

Does Bitizenship guarantee a visa?

No. Visas are granted by the authorities. In Italy, investors transfer capital only after the visa is approved.

Can I pay Bitizenship in Bitcoin?

No. For legal and immigration compliance, qualifying investments are made by euro bank transfer.

Is Bitizenship the same as Unbound?

Yes. Unbound was the former name; the company rebranded to Bitizenship in 2025.

More answers