Golden VisaVISA

Residence Permit for Investment (Golden Visa / ARI)

Non-EU investors making a qualifying investment in Portugal in exchange for residence rights with minimal stay.

InvestorOnline via AIMA from inside or outside Portugal
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The Residence Permit for Investment (Golden Visa / ARI) is a Portuguese business, talent & investor visa. This guide covers who it's for, the key eligibility criteria, the indicative 2025 cost (Investment from €250k-€500k + ~€6,000 AIMA processing/issuance fees per applicant) and processing time (~12-24 months (current backlog)), the route to permanent residence, common pitfalls and FAQs.

Who the Residence Permit for Investment (Golden Visa / ARI) is for

Non-EU investors making a qualifying investment in Portugal in exchange for residence rights with minimal stay.

After 5 years you can apply for permanent residence or citizenship, with very low physical-stay requirements.

Residence Permit for Investment (Golden Visa / ARI) - eligibility criteria

  • €500,000 in qualifying investment funds (most common route)
  • Or €500,000 in research, or €250,000 cultural/heritage donation
  • Or job creation (10 jobs) or capital transfer options
  • Investment held for at least 5 years
  • Clean criminal record

Residence Permit for Investment (Golden Visa / ARI) cost & processing time (2025)

The indicative government fee for the Residence Permit for Investment (Golden Visa / ARI) (Portugal) is Investment from €250k-€500k + ~€6,000 AIMA processing/issuance fees per applicant, with an indicative processing time of ~12-24 months (current backlog). Figures are for 2025 and may change - confirm at AIMA (Portugal).

TypeInvestor
Where you applyOnline via AIMA from inside or outside Portugal
Length of stay2-year residence permit, renewable; only 7 days/year stay required
Work rightsWork permitted
Study rightsStudy permitted
Government feeInvestment from €250k-€500k + ~€6,000 AIMA processing/issuance fees per applicant
Processing time~12-24 months (current backlog)
Route to PRAfter 5 years you can apply for permanent residence or citizenship, with very low physical-stay requirements.

Pathway & next steps

After 5 years you can apply for permanent residence or citizenship, with very low physical-stay requirements.

Many applicants also compare Golden Visa (RE) · Golden Visa Real Estate Route (Closed), D2 · D2 Residence Visa for Entrepreneurs and Independent Workers, PR · Permanent Residence Permit. Run a free VisaChief check to see which Portuguese route best fits your profile, then prepare an application reviewed by a registered migration agency in our partner network.

Common Residence Permit for Investment (Golden Visa / ARI) pitfalls we fix

Real estate and capital-transfer-only routes were removed in 2023
Long AIMA processing backlogs delay approvals
Funds must be genuinely Portuguese-regulated and compliant

Residence Permit for Investment (Golden Visa / ARI) - frequently asked questions

How much does the Residence Permit for Investment (Golden Visa / ARI) cost?

The Residence Permit for Investment (Golden Visa / ARI) government fee is Investment from €250k-€500k + ~€6,000 AIMA processing/issuance fees per applicant. Figures are indicative for 2025; always confirm current fees at AIMA (Portugal) before applying.

How long does the Residence Permit for Investment (Golden Visa / ARI) take to process?

Indicative processing time is ~12-24 months (current backlog). Actual timeframes vary with caseload, completeness and your circumstances.

Does the Residence Permit for Investment (Golden Visa / ARI) lead to permanent residence?

After 5 years you can apply for permanent residence or citizenship, with very low physical-stay requirements.

Can I work on the Residence Permit for Investment (Golden Visa / ARI)?

Work rights: Work permitted.

Who can apply for the Residence Permit for Investment (Golden Visa / ARI)?

Non-EU investors making a qualifying investment in Portugal in exchange for residence rights with minimal stay.

Sources & official references

This guide is compiled from official Portugal government sources and is updated periodically. Eligibility, fees and processing times change - always confirm the current rules with the issuing authority before you apply:

Figures are indicative for 2025 and government fees and rules change. Confirm current details at AIMA (Portugal) before applying. General information only - not immigration advice.