Glossary

ARI

Published 30 October 2026, 20:39
Autorização de Residência para Atividade de Investimento

A residence permit for investment, commonly known as the “golden visa”. What sets it apart is that you hardly have to live in the country: 7 days in the first year and 14 days in each subsequent two-year period. Since October 2023, under the Mais Habitação law (Lei n.º 56/2023), buying property or simply transferring money into an account no longer qualifies; the options that remain are investing €500,000 or more in funds, creating jobs, research and contributions to culture.

Where you come across it. The ARI portal on the AIMA website for the first application, which gives a card valid for two years; since February 2026 renewals go through the general Portal de Renovações.
Articles and agencies still promise a residence permit for buying a flat: that route has been closed since 2023.