# Portugal: Permanent Residence Permit for Investment Purposes

**URL:** <https://community.nomadgate.com/t/portugal-permanent-residence-permit-for-investment-purposes/25438>\
**Category:** Portugal Golden Visa\
**Tags:** portugal, golden-visa\
**Created:** [July 21, 2020, 9:59am UTC](https://community.nomadgate.com/t/portugal-permanent-residence-permit-for-investment-purposes/25438 "2020-07-21T09:59:17Z")\
**Posts on this page:** 1\
**Showing post:** 54

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**Author:** ![PTbound](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/p/dbc845/32.png) [@PTbound](https://community.nomadgate.com/u/PTbound)\
**Post date:** [November 23, 2025, 9:34am UTC](https://community.nomadgate.com/t/portugal-permanent-residence-permit-for-investment-purposes/25438/54 "2025-11-23T09:34:09Z")

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Thought I would compile the excellent advice in this PR thread (and others, plus my own research) into a table so it’s easier to compare. At some point this should probably become a Wiki, but it’s still early days.

In particular I wanted to sanity check [GV Promoter claims](https://community.nomadgate.com/t/pgv-ari-rage-tragedy-general-madness/66450/656) that _“Permanent Residence is almost as good as Citizenship,”_ now that PT Citizenship may get much harder to attain.

⚠ **table below is still in draft,** especially items in [_square brackets_]. Helpful corrections/additions are welcome!

| | | | | |
| --- | --- | --- | --- | --- |
| **_Aspect_** | **_Temporary Residence ARI (‘Golden Visa TR’)_** | **_Permanent Residence ARI (‘Golden Visa PR’)_** | **_Permanent Residence (regular, non-ARI)_** | **_Citizenship (Nationality)_** |
| **Minimum time required in PT** | 7 days/year (average) | 7 days/year (average) | [_6+ mo./rolling 3y period?_] (@tkrunning) | No |
| **Proof of available PT accommodation required** | No (other than for above 7d/year) | **Yes** | Yes | No |
| **Maximum time allowed in Schengen (_other than PT_)** | 90 days in past 180 (not counting days in PT) | **90 days in past 180 (not counting days in PT)** | 90 days in past 180 (not counting days in PT) | Freedom to work, reside in other EU countries. (If \>3 mo, need to be employed, self-sufficient or enrolled student. After 5y can get PR in 2nd country.) |
| **Protection from _future_ PT Nationality requirement changes** | No (e.g. 2025 Foreigners Law, and Nationality Law proposals) | **No (e.g. 2025 Foreigners Law, and Nationality Law proposals)** | No (e.g. 2025 Foreigners Law, and Nationality Law proposals) | Lifetime, but  
  
**2026 Nationality Law (tbd):** revoked if commit major crime in 1st 10y? |
| **Eligibility for EU Long-Term Residency** | No | No: need 6+ mo./year in that non-PT EU country, but can’t due to Schengen (above) (@anonymous69).  
  
Must _apply for_ and be _granted_ LTR (i.e. new residency application) in other country, no automatic right to it. (@lala) | No: need 6+ mo./year in that non-PT EU country, but can’t due to Schengen (above) (@anonymous69).  
  
Must _apply for_ and be _granted_ LTR (i.e. new residency application) in other country, no automatic right to it. (@lala) | Yes |
| **Visa-free access to many other countries** | No | No | No | Yes – in 2026, 121 other countries visa-free, 43 visa-on-arrival, 9 with e-Travel Auth |
| **Application to granting – estimated time** | In 2025: anywhere from 1 to 5 years | **Unknown so far.**  
  
**Jan. ’26: AIMA launches ‘Long-Term Residence Permit’ appointment request form** | Unknown so far.  
  
Jan. ’26: AIMA launches ‘Long-Term Residence Permit’ appointment request form | In 2025: anywhere from 1.5 to 5 years |
| **Permit/card duration** | **Initial:** 2 years  
  
**Renewals:** 2 years (ex. old Real Estate ARI, which becomes 3-year D2 on renewal, see Lei 56/2023 42.º) | 5 years | 5 years | Lifetime  
  
**2026 Nationality Law (tbd):** revoked if commit major crime in 1st 10y? |
| **1st permit/card cost (2025)** | €605.10 application +  
  
€6045.20 permit | **€5643.00** | €350.00  
  
(@lala) | €250 |
| **Renewal costs (2025)** | €3090.40  
  
(ex. old Real Estate ARI D2 conversion = €181.70 for renewal) | **€4326.30** | €150.70 [_?_] | N/A (ex. ~€65 passport renewal every 5-10y) |
| **Renewal requirements** | Maintain ARI investment, 7d/year average in PT, no PT tax/NISS debts, criminal checks, etc. | Proof of available PT accommodation, 7d/year average in PT, no PT tax/NISS debts.  
  
Administrative act only (@tkrunning) | [_same as ARI PR?_] | N/A |
| **Renewal delays (at AIMA, etc.)** | In 2025: 5+ month waits for in-person AIMA renewal appointments. As of Oct. ‘25: 3-6+ month _additional_ delay from _renewal fee payment_ to receiving new card. | [_supposedly simple Administrative act, but no empirical evidence how quick/slow in reality_] | [_supposedly simple Administrative act, but no empirical evidence how quick/slow in reality_] | N/A |
| **Risks of travelling on expired permit/card (due to renewal delays)** | If ‘caught’ ex-PT, _may_ risk record of being irregular in Schengen Area. | [_same as ARI TR_] | [_same as ARI TR_] | N/A |
| **Other risks of expired permit/card (due to renewal delays)** | No visibility on renewal status, or where new cards are.  
  
PT Banks may have issues w/expired visa. | [_same as ARI TR_] | [_same as ARI TR_] | N/A |
| **_Aspect_** | **_Temporary Residence ARI (‘Golden Visa TR’)_** | **_Permanent Residence ARI (‘Golden Visa PR’)_** | **_Permanent Residence (regular, non-ARI)_** | **_Citizenship (Nationality)_** |
| **Years PT residency required before eligible to apply** | N/A | 5 years | 5 years | **In 2025:** 5 years  
  
**2026 Nationality Law (tbd):** 7 years for CPLP/EU, 10 years for all others |
| **Start date for counting years to eligibility** | N/A | 1st (Temp.) _resident card_ date (never application date) | 1st (Temp.) _resident card_ date (never application date) | **In 2025:** 1st _application_ date (but applied inconsistently!).  
  
**2026 Nationality Law (tbd):** 1st _resident card_ date |
| **Gaps allowed between permits/cards (i.e. renewal delays) in counting years to eligibility** | N/A | [_presumably same as Citizenship, but no empirical evidence_] | [_presumably same as Citizenship, but no empirical evidence_] | **Up to 15 Oct ‘25,** gaps count as legal residence, assuming other criteria, such as minimum time in Portugal etc, were met (@Lala).  
  
**Post 15 Oct ’25 Foreigners Law,** gaps \<6 mo. covered in regs (@tommigun). |
| **Ability to dispose of ARI investment during permit term** | Must hold investment during entire Temp. residency (i.e. until granted PR or Citizenship) | Can sell _investment_ upon PR, but still need proof of PT _accommodation_ for PR appl’n/renewal (@tkrunning). | N/A | N/A (not bound by ARI terms) |
| **_Aspect_** | **_Temporary Residence ARI (‘Golden Visa TR’)_** | **_Permanent Residence ARI (‘Golden Visa PR’)_** | **_Permanent Residence (regular, non-ARI)_** | **_Citizenship (Nationality)_** |
| **Dependent implications – permits/visas** | Spouse and children (\<18 or enrolled in study **and supported** by Primary).  
  
Parents/in-laws **supported** by Primary.  
  
All must meet same criteria upon every _renewal_ (child ‘aging-out’ risk here). | Can continue on Temp. ARI while Primary has Perm. ARI (@tkrunning).  
  
Can apply for Perm. ARI after 5y on Temp, thus becoming independent of Primary (@anonymous69). | Can continue on Temp. ARI while Primary has Perm. ARI (@tkrunning).  
  
Can apply for Perm. ARI after 5y on Temp, thus becoming independent of Primary (@lala). | [_Spouse (Art.º 3) and minor/incapacitated children (Art.º 2) can live in PT or other EU countries with Primary (Art.º 6.1 for PT Naturalisation), even if they are not EU citizens?_] |
| **Dependent implications – eligibility** | [_todo_] | [_todo_] | [_todo_] | Their own _Nationality_ (not just _residence_) requires “connection to PT community” (e.g. married 6+ years, children attend PT school for 5+ years) (@anonymous69) |
| **Dependent implications –renewal costs** | Same as Primary (e.g. €3090.40) for _each_ Dependent | Same as Primary (e.g. **€4326.30** ) for _each_ Dependent | Same as Primary (e.g. €150.70) for _each_ Dependent | N/A |
| **Dependent implications – education** | [_todo_] | Equal treatment w/nationals w.r.t. education & vocational training (@lala) | Equal treatment w/nationals w.r.t. education & vocational training (@lala) | [_todo_]  
  
[_children’s access to Uni in other EU countries?_] |
| **Healthcare – PT Serviço Nacional de Saúde (SNS)** | [_Yes?_] | Yes | Yes | Yes |
| **Healthcare – EHIC access across all 27 EU states (90 day limit)** | No | Need to reside in PT. Also need NISS which is now harder to get if no PT income (@tkrunning). | Need to reside in PT. Also need NISS which is now harder to get if no PT income (@tkrunning). | Yes [_same residency req’s as PR?_] |

Last updated: 25-Jan 2026

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_[View the full topic](https://community.nomadgate.com/t/portugal-permanent-residence-permit-for-investment-purposes/25438)._