Portugal - Lisbon
Residence Permit for Investment Activity (ARI)

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.
Cost structure
Eligibility and restrictions
- Third-country nationality
- Eligible investment activity under the current statute
- Documented lawful source and transfer of funds
- Immigration and compliance documentation
- Nationality and sanctions screening may affect practical availability
- Naturalisation is a separate process with separate statutory requirements
- Tax residence is assessed independently
Process
- Applicability and route review
- Investment and source-of-funds documentation
- ARI portal submission
- Fee payment and appointment
- Biometrics and authority review
- 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
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.
Before we define the scope
Sensitive documents are not required at the first public contact.
- Objective and preferred geography
- Applicant composition and citizenships
- Relevant timing or transaction deadline
- High-level source and form of qualifying funds
- Connected company, banking or asset tasks


