Long-stay visas (Type D)
Portuguese Golden Visa (Residence Permit for Investment / ARI)
A residence-by-investment programme granting residence in return for a qualifying investment. Real estate is no longer an eligible route for this permit.
Under review — check current rules
Important information
- Issued by
- AIMA (Portal ARI)
- Type
- Residence permit for investment (residence-by-investment)
- Real estate
- No longer an eligible investment route
- Common route
- Subscription to an eligible investment fund
- Minimum amounts change - confirm current thresholds on the official ARI channel
- Stay requirement
- Low minimum physical-presence requirement per year
Who it's for
Non-EU/EEA/Swiss nationals with capital to invest who want Portuguese residence with minimal physical-stay obligations and a path to permanent residence and citizenship, without relying on local employment.
Requirements
- A qualifying investment maintained for the required period (e.g. eligible investment fund, research, cultural support, job creation, or business investment)
- Proof of the lawful source and transfer of the investment funds
- Portuguese tax number (NIF) and a Portuguese bank account
- Valid passport, health insurance and clean criminal record certificate
- Compliance with the minimum-stay requirement to renew
What you can do
- Obtain and renew a residence permit while meeting only a low annual stay requirement
- Include family members in the application
- Travel within the Schengen area as a resident
- Build eligibility toward permanent residence and citizenship over time
How to apply
Choose and complete a qualifying investment, then submit the ARI application through AIMA's official channel with proof of the investment, source of funds and personal documents.
After approval, collect the residence permit and maintain both the investment and the minimum-stay requirement through each renewal.
Documents
- Proof of the qualifying investment and its maintenance
- Evidence of the source and transfer of funds
- Valid passport and photos
- Portuguese NIF and bank account confirmation
- Health insurance and criminal record certificate
Frequently asked questions
No. Real-estate investment, and funds that invest in Portuguese real estate, are no longer eligible; qualifying routes now include eligible investment funds, research, cultural support, job creation and business investment.
Official sources
For the most accurate and up-to-date information, always refer to the official government sources.
Verified against official gov.uk sources · last reviewed 2026-08-21. Information only — not legal advice.
Related Portuguese visas
- WORKJOB OFFERNON-EUD1 Residence Visa for Subordinate WorkA residence visa for non-EU nationals who hold an employment contract or job offer from a Portuguese employer, allowing them to live and work in the country.View visa details
- BUSINESSSELF-EMPLOYEDENTREPRENEURSD2 Residence Visa for Independent Work / EntrepreneursA residence visa for self-employed professionals, freelancers and entrepreneurs who are establishing a business or an independent activity in Portugal.View visa details
- WORKHIGHLY QUALIFIEDJOB OFFERD3 Residence Visa for Highly Qualified ActivityA residence visa for highly qualified professionals with a Portuguese job offer requiring advanced skills or higher education to live and work in the country.View visa details
