MBN Legal
Investment residence

Portugal - Lisbon

Residence Permit for Investment Activity (ARI)

ActiveEurope
Location context: Lisbon, Portugal
StatusActive
One statutory routeEUR 250,000
RelevanceJuly 2026
A typical project pathFrom initial review to keeping the result current
01Initial review
02Evidence file
03Authority stage
04Decision
05Keeping it current
Decision perspective

Four perspectives on this investment destination.

A route is useful only when the legal basis, evidence, economics and maintenance conditions fit the client’s facts.

Intended outcome

What the status or programme is expected to change for the applicant.

Evidence file

What must be proved to the competent authority and other regulated institutions.

Economic structure

Qualifying capital, public charges, professional work and third-party costs are separated.

Maintenance

Validity, presence, renewal and post-approval obligations are considered from the start.

Decision summary

A Portuguese residence route for eligible investment activity, with limited minimum presence and the possibility of family reunification.

For whomThird-country nationals considering Portuguese residence through an eligible investment activity.
Legal basisArticle 90-A investment residence regime administered by AIMA.
Status termTemporary residence; the current card term and renewal mechanics must be confirmed at filing.
RenewalSubject to the applicable immigration rules and continued compliance.
FamilyFamily reunification is available under the official ARI framework.
PresenceAt least 7 days in the first year and 14 days in subsequent years, according to AIMA's official overview.
Key limitationThe eligible investment must match a statutory category; real-estate acquisition is not presented here as an ARI route.

Cost structure

Qualifying investmentFrom EUR 250,000 for the cultural route
Government feesConfirmed separately
Professional feesConfirmed separately
Due diligenceConfirmed separately
Third-party costsConfirmed separately
Renewal costsConfirmed separately

Eligibility and restrictions

Core criteria
  • Third-country nationality
  • Eligible investment activity under the current statute
  • Documented lawful source and transfer of funds
  • Immigration and compliance documentation
Restrictions
  • Nationality and sanctions screening may affect practical availability
  • Naturalisation is a separate process with separate statutory requirements
  • Tax residence is assessed independently

Process

  1. Applicability and route review
  2. Investment and source-of-funds documentation
  3. ARI portal submission
  4. Fee payment and appointment
  5. Biometrics and authority review
  6. Decision and post-approval planning

Risks and limitations

  • Administrative rules, fees and processing practice may change
  • The authority retains discretion and may request additional documents
  • Investment and tax risks require independent assessment

Sources and review date

Last reviewed: July 2026

Connected questions

Questions beyond the programme summary

The page is a structured overview. Current applicability depends on facts, authority practice and the evidence available at the time of review.

Who needs to be included

Applicant composition, family and dependency rules.

Where activity will be managed

Corporate management and actual operations, where relevant.

How funds will be evidenced

Source of funds, payment route and banking review.

How ownership will be held

Property, investment or other asset structure, where relevant.

Scoping inputs

Before we define the scope

Sensitive documents are not required at the first public contact.

  1. Objective and preferred geography
  2. Applicant composition and citizenships
  3. Relevant timing or transaction deadline
  4. High-level source and form of qualifying funds
  5. Connected company, banking or asset tasks