How long do you need to maintain your investment?

Question is once an ARI holder is converted to D2 permit (automatically converted upon renewal by AIMA), can the D2 permit holder still apply for GV PR? Does anyone know?

I don’t think anyone knows. But if you can renew D2 without too much hassle for 3 years at a time, that’s almost as good as PR isn’t it?

For D2 to renew, need to operate a company, pay social security, stay 183 days or more a year (per Article 89 of Law 23/2007). Even if the main ARI investor can fulfil the requirement, it is unlike all family members (kids, parents, etc) can fulfil such stringent requirements. The whole idea of ARI in the first place is no stay requirement (only 7 days a year). Being force-converted into D2 for ARI investors is like rights restrospectively taken away.

Not to mention the complication for kids…there are certain benefits of kids getting GV (as dependent). Such benefits do not exist under D2. It is a mess…

Maybe who knows. It seems we got D2 without any of that at least the first time.

It’s possible the government will treat all ex-GV D2 basically the same as GV, otherwise they are violating the constitutional guarantee against retroactivity? But I’m not a lawyer.

Family reunification is different to each family member holding their own D2, I wouldn’t worry about that.

1 Like

Yes - hopefully - but we will see. For now I renewed for 3 years and they have that long to figure it out. My concern at the moment is that my family can not renew their visas so if anyone gets any updates on that process, please pass it along.