Discover the Portugal Golden Visa program - your pathway to European residency through qualifying investments with potential citizenship after five years.
The Portugal Golden Visa, officially known as the Residence Permit for Investment Activity (ARI), is a residency-by-investment program launched in 2012 to attract international capital to Portugal. It offers non-EU citizens residency in Portugal through qualifying investments, with the potential to apply for citizenship after five years.
Key benefits include EU mobility, a high quality of life, and a straightforward citizenship pathway. The program has evolved, with real estate investments removed in 2023, shifting focus to alternative options like fund subscriptions and cultural donations.
Investment Option | Minimum Amount |
---|---|
Fund Subscription | €500,000 |
Cultural Donations | €250,000 (€200,000 in low-density areas) |
Scientific Research | €500,000 |
Job Creation | No fixed amount (10 jobs, or 8 in low-density areas) |
Share Capital + Job Creation | €500,000 + 5 jobs |
Typical legal fees range from €5,000 to €8,000 for a single applicant. Additional costs for dependents vary.
For a single applicant: approximately €12,700 over five years.
For a couple: approximately €25,400.
For a family of four: approximately €50,800.
Processing times typically range from 3 to 6 months, though delays may occur due to high demand.
Compared to other programs, Portugal offers unique advantages:
Country | Requirements | Portugal's Advantage |
---|---|---|
Spain | €500,000 real estate investment | More diverse investment options |
Greece | €250,000 for real estate | Better citizenship path |
Malta | Starts at €600,000 with faster citizenship | More affordable overall |
"The process was straightforward, and the lifestyle in Portugal is unbeatable. We couldn't be happier with our decision to invest here."
"Investing in Portugal has been a game-changer for my family. The quality of life is exceptional, and we've made wonderful connections in our new community."
Key updates include the removal of real estate investment options in 2023 and ongoing efforts to address application backlogs.
The Portuguese government continues to refine the Golden Visa program to ensure it benefits both investors and the country's economy. Recent policy changes reflect a shift towards promoting investment in cultural projects, job creation, and scientific research rather than real estate.
Applicants should stay informed about these evolving requirements and work with experienced advisors to navigate the current landscape.
Consult with experts to navigate the Portugal Golden Visa process smoothly. Contact trusted firms like Global Citizen Solutions or Get Golden Visa for personalized guidance.
Book a ConsultationCommon questions about the Portugal Golden Visa program and its requirements. For complete details, visit our comprehensive guide.
The Portugal Golden Visa is a residency-by-investment program that allows non-EU citizens to obtain residency in Portugal through a qualifying investment. Launched in 2012, it provides a flexible pathway to EU residency and citizenship after five years, known for its low residency requirements and family-friendly benefits.
Costs depend on the investment option and family size. Minimum investments range from €250,000 (cultural donations) to €500,000 (funds or research). Additional expenses include government fees (~€12,700 for one applicant over five years), legal fees (€5,000–€8,000), and administrative costs. For a family of four, extra costs may total ~€50,800 over five years, excluding the investment. For a detailed breakdown, see our Portugal Golden Visa cost guide.
As of 2025, options include:
Benefits include:
The process typically takes 3–6 months, though high demand can cause delays. AIMA, Portugal's immigration authority, is working to improve processing times. For current processing statistics and timelines, check our Golden Visa statistics page.
Yes, you can include your spouse, dependent children under 18, and dependent parents. Children over 18 may qualify if financially dependent and in full-time education. Additional fees apply per family member.
You must spend 7 days in Portugal in the first year and 14 days every two years thereafter—one of the lowest requirements among similar programs, ideal for non-permanent residents.
Yes, after five years of residency, you can apply for citizenship, requiring basic Portuguese (A2 level) and a clean criminal record. The process is relatively simple compared to other countries. For guidance through the application process, consider hiring a specialized Golden Visa lawyer.
In October 2023, real estate investment options were removed to address housing concerns, shifting focus to funds, cultural projects, and job creation. Fees and processes have also been updated for efficiency.
Compared to others: