In this case, the ARI permanent residency permit (PR) also involves the conversion into a permanent residence permit for immigrant entrepreneurs, therefore the fee to be paid is also low.
0000200050 (2).pdf (4.3 MB)
Article 42
Residence Permits for Investment Activity
1 — No new applications for residence permits for investment activity, granted under the provisions of subparagraphs i), iii) and iv) of paragraph d) of article 3(1) of Law No. 23/2007, of July 4, in the wording prior to the entry into force of this law, are admitted, under the terms provided for in article 90-A thereof, from the date of entry into force of this law.
2 — The provisions of the preceding paragraph do not prejudice the possibility of renewing residence permits for investment activity when these permits have been granted under the legal regime applicable until the date of entry into force of this law.
3 — The provisions of the preceding paragraph are also applicable to the granting or renewal of residence permits for family reunification provided for in article 98 of Law No. 23/2007, of July 4.
4 — The provisions of paragraph 2 also apply to citizens holding a residence permit for investment activity and their family members who meet the requirements set out in Article 80 of Law No. 23/2007 of July 4, and who intend to apply for a permanent residence permit for investment activity, excepting from this regime the provisions of subparagraph b) of paragraph 2 and paragraphs 3 and 4 of Article 85 of the same law.
5 — In the cases provided for in the preceding paragraphs, renewal results in the conversion of the residence permit into a residence permit for immigrant entrepreneurs, in accordance with paragraph 4 of Article 89 of Law No. 23/2007 of July 4, and its holders must comply with the minimum stay period of seven days, consecutive or intermittent, in the first year and 14 days, consecutive or intermittent, in subsequent two-year periods.
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