{"id":199,"date":"2026-09-10T23:10:26","date_gmt":"2026-09-10T21:10:26","guid":{"rendered":"https:\/\/migride.com\/?post_type=residency_program&p=199"},"modified":"2026-09-20T20:30:34","modified_gmt":"2026-09-20T18:30:34","slug":"portugal-golden-visa","status":"publish","type":"residency_program","link":"https:\/\/fypas.com\/zh-tw\/programs\/portugal-golden-visa\/","title":{"rendered":"Portugal Golden Visa"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":true},"country":[3],"program_category":[6],"class_list":["post-199","residency_program","type-residency_program","status-publish","hentry","country-portugal","program_category-investment"],"acf":{"short_name":"Portugal Golden Visa","official_name":"Autoriza\u00e7\u00e3o de Resid\u00eancia para Atividade de Investimento (ARI)","internal_id":"PT-GV","program_status":"active","effective_date":null,"last_reviewed":"20260920","last_verified":"20260920","verification_status":"under_review","minimum_age":"","nationality_restrictions":"For eligible third-country nationals using Portugal's ARI framework. EU\/EEA\/Swiss nationals use other residence frameworks.","criminal_record_required":true,"health_insurance_required":true,"accommodation_required":true,"local_bank_account_required":false,"local_tax_number_required":true,"proof_of_income_required":false,"proof_of_savings_required":false,"eligibility_notes":"ARI is a Portuguese residence route based on qualifying investment activity and is exempt from the conventional residence-visa requirement for entry. Applicants must satisfy the ARI legal framework, submit the route-specific investment evidence, maintain a regular tax and social-security position where applicable, provide required identity\/criminal-record\/health documentation, and comply with the minimum stay rules. Portal ARI requires a NIF during the payment flow; the main AIMA documentation also refers to a tax identification number or equivalent from the country of origin, residence or tax residence.","minimum_investment_required":"yes","minimum_investment_amount":"","investment_currency":"EUR","minimum_monthly_income":"","minimum_annual_income":"","income_currency":"EUR","income_basis":"","additional_income_per_spouse":"","additional_income_per_child":"","minimum_savings_proof_of_funds":"","government_application_fee":842.799999999999954525264911353588104248046875,"government_residence_fee":8418.899999999999636202119290828704833984375,"renewal_fee":4210.3000000000001818989403545856475830078125,"financial_cost_notes":"ARI application assessment, permit issuance and renewal fees are separate charges. A second lower-value column exists in the official table but its exact application label\/rule has not been independently confirmed.","tax_considerations_summary":"Holding an ARI residence permit does not by itself determine Portuguese tax residence. Tax residence and taxation of investment income, distributions, gains and other assets depend on the investor's facts and the tax rules in force. Immigration eligibility and investment\/tax suitability should be assessed separately.","work_allowed":"yes","local_employment_allowed":"1","self_employment_allowed":"1","remote_work_allowed":"conditional","business_ownership_allowed":"1","work_restrictions_notes":"AIMA states that ARI holders may reside and work in Portugal. Ordinary tax, social-security, licensing, employment and regulated-profession rules continue to apply.","minimum_stay_required":"yes","minimum_days_per_year":"","minimum_days_per_permit_period":"","stay_requirement_notes":"AIMA currently states at least 7 days in the first year and at least 14 days in subsequent years. The required stay varies by permit period.","initial_permit_duration":2,"initial_permit_duration_unit":"years","renewable":"yes","renewal_period":2,"renewal_period_unit":"years","renewal_conditions":"Renewable in two-year periods while the qualifying investment requirement and other applicable ARI conditions are maintained.","processing_time_minimum":"","processing_time_maximum":"","processing_time_unit":"months","processing_time_notes":"No authoritative current end-to-end ARI processing duration was verified. Processing times cannot be guaranteed.","family_inclusion_available":"yes","spouse_partner_included":"1","minor_children_included":"1","adult_dependent_children_included":"1","dependent_parents_included":"1","other_dependants_included":"1","family_application_timing":"both_possible","family_notes":"Family reunification is available subject to statutory conditions. The general two-year waiting period does not apply to family members of Art. 90-A holders.","pr_path_available":"conditional","years_to_pr":5,"pr_requires_continuous_residence":"0","pr_language_requirement":"yes","pr_language_level":"varies","pr_notes":"Permanent residence is conditional, not automatic. Art. 80 requirements include the required residence period plus means, accommodation, criminal-record conditions and basic Portuguese. ARI holders use the investment-residence treatment under Art. 65-K.","citizenship_path_available":"conditional","years_to_citizenship":"","citizenship_requires_physical_residence":"0","citizenship_language_requirement":"yes","citizenship_language_level":"varies","dual_citizenship_allowed":"yes","citizenship_notes":"For current prospective cases after 19 May 2026, ordinary naturalisation is generally after 7 years of legal residence for nationals of Portuguese-speaking countries and EU citizens, and 10 years for nationals of other countries, plus additional statutory conditions. Pending nationality procedures on 19 May 2026 follow the transitional rule.","process_introduction":"Portugal's ARI is handled through a dedicated investment-residence process. The qualifying investment activity is established and documented, the application is submitted electronically through the Portal ARI, AIMA reviews the file, and the applicant attends in person when required for document verification and biometrics before the residence title is issued.","process_steps":[{"step_number":1,"step_title":"Choose the qualifying ARI route","step_description":"Identify the current investment-activity route that fits the applicant's objectives and confirm both immigration eligibility and the separate financial or operational implications.","typical_duration":"","responsible_authority":"Applicant \/ qualified advisers \/ investment counterparties","step_documents_notes":"Do not treat a marketed investment as ARI-eligible without checking the statutory route and supporting documentation."},{"step_number":2,"step_title":"Complete due diligence and structure the investment","step_description":"Review the legal structure, route-specific conditions, investment risks, fees, holding requirements and required Portuguese counterparties before committing funds or creating employment.","typical_duration":"","responsible_authority":"Applicant \/ legal, tax and financial professionals \/ regulated counterparties","step_documents_notes":"Immigration eligibility and financial suitability are separate assessments."},{"step_number":3,"step_title":"Make and document the qualifying investment activity","step_description":"Complete the qualifying investment or employment-creation activity in the form required by the selected ARI route and obtain the prescribed evidence.","typical_duration":"","responsible_authority":"Applicant \/ Portuguese financial institution \/ fund manager \/ company \/ competent institution","step_documents_notes":"Investment evidence varies significantly by route."},{"step_number":4,"step_title":"Prepare the personal and compliance file","step_description":"Prepare identity, legal-entry, health-coverage, criminal-record, tax identification, tax\/social-security compliance and other documents required for the investor and, where applicable, family members.","typical_duration":"","responsible_authority":"Applicant \/ competent authorities","step_documents_notes":"Foreign documents may require certification\/legalisation and Portuguese translation depending on the document and issuing jurisdiction."},{"step_number":5,"step_title":"Submit through Portal ARI and pay the analysis fee","step_description":"Register the candidate, select the investment type, upload the required documents, submit the application and generate\/pay the DUC for the applicable analysis fee.","typical_duration":"","responsible_authority":"AIMA - Portal ARI","step_documents_notes":"AIMA may accept the file for scheduling or return it for correction."},{"step_number":6,"step_title":"Complete AIMA appointment and biometrics","step_description":"After the application is accepted for scheduling, attend the AIMA appointment requested for original-document checks and biometric collection.","typical_duration":"","responsible_authority":"AIMA","step_documents_notes":"Appointment availability is operational and should not be converted into a guaranteed timeline."},{"step_number":7,"step_title":"Pay the granting fee and receive the residence title","step_description":"After approval, pay the applicable granting\/title fees and complete the issuance of the ARI residence permit.","typical_duration":"Initial title: 2 years","responsible_authority":"AIMA","step_documents_notes":"Government fees are separate from investment and professional costs."},{"step_number":8,"step_title":"Maintain the ARI conditions and renew","step_description":"Maintain the qualifying activity while it remains the legal basis for the ARI, satisfy the minimum presence rule and submit renewal documents and fees through the current electronic renewal process.","typical_duration":"Renewal periods: 2 years","responsible_authority":"AIMA - Renewals Portal","step_documents_notes":"Since 16 February 2026 ARI renewals are processed electronically; AIMA may request in-person biometrics where needed."}],"required_documents":[{"document_name":"Valid passport or travel document","requirement_status":"required","applies_to":"main_applicant","document_notes":""},{"document_name":"Proof of legal entry and stay in Portugal","requirement_status":"required","applies_to":"main_applicant","document_notes":"Required under the current ARI documentation framework for Article 90-A applications."},{"document_name":"Proof of healthcare coverage","requirement_status":"required","applies_to":"main_applicant","document_notes":"May be evidenced through Portuguese SNS coverage or qualifying internationally recognised health insurance under the applicable rules."},{"document_name":"Foreign criminal-record certificate","requirement_status":"required","applies_to":"main_applicant","document_notes":"AIMA states that the certificate should be current within the applicable period and translated into Portuguese where required."},{"document_name":"Authorisation for Portuguese criminal-record consultation","requirement_status":"required","applies_to":"main_applicant","document_notes":""},{"document_name":"Tax identification number or equivalent","requirement_status":"required","applies_to":"main_applicant","document_notes":"AIMA refers to the tax identification number or equivalent from the country of origin, residence or tax residence. Portal ARI also requests a NIF in the payment workflow."},{"document_name":"Tax and social-security compliance evidence","requirement_status":"required","applies_to":"main_applicant","document_notes":"AIMA requires evidence of a regular tax and social-security position or, where applicable, a declaration that no registration exists."},{"document_name":"Declaration committing to maintain the qualifying investment activity","requirement_status":"required","applies_to":"main_applicant","document_notes":"The ARI framework uses a five-year minimum temporal requirement for the qualifying activity."},{"document_name":"Portuguese credit-institution declaration","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Used where the selected route requires evidence of the qualifying capital transfer through a credit institution authorised or registered in Portugal."},{"document_name":"Job contracts \/ employment evidence","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Relevant to the job-creation route and company-capitalisation routes with employment conditions."},{"document_name":"Research-institution declaration","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Required for the scientific-research route to evidence the qualifying capital transfer and eligible research activity."},{"document_name":"Cultural-route eligibility declaration","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Required for the arts\/cultural-heritage route through the competent cultural framework."},{"document_name":"Fund-unit ownership certificate","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Relevant to the qualifying collective-investment route and should evidence ownership of eligible units free of encumbrances where required."},{"document_name":"Fund-manager eligibility \/ capitalisation declaration","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Used to evidence the fund's qualifying maturity and investment-allocation conditions."},{"document_name":"Commercial registry \/ company-capitalisation evidence","requirement_status":"conditional","applies_to":"main_applicant","document_notes":"Relevant where the ARI activity is carried out through a qualifying company structure."},{"document_name":"Family relationship and dependency evidence","requirement_status":"conditional","applies_to":"all_applicants","document_notes":"Required for family members using the ARI family-reunification framework."},{"document_name":"Proof of accommodation and means of subsistence for renewal","requirement_status":"conditional","applies_to":"all_applicants","document_notes":"AIMA's current ARI renewal FAQ identifies accommodation and means of subsistence among the general renewal requirements."}],"official_sources":[{"is_primary_source":true,"source_type":"official_authority","source_title":"Autoriza\u00e7\u00e3o de Resid\u00eancia para Investimento - Art. 90.\u00ba-A","source_authority":"AIMA","source_url":"https:\/\/aima.gov.pt\/en\/viver\/autorizacao-de-residencia-para-investimento-art-90-o-a","source_last_checked":"2026-09-11","source_scope":"Current ARI benefits, qualifying investment routes, documents, low-density adjustments, family reunification, two-year initial title and investment restrictions.","source_notes":"AIMA's cultural-route section currently contains a numerical inconsistency in the displayed low-density reduced amount. The legal 20% reduction and the displayed amount are inconsistent; confirm the applicable amount before committing funds."},{"is_primary_source":true,"source_type":"official_authority","source_title":"Portal ARI","source_authority":"AIMA","source_url":"https:\/\/aima.gov.pt\/pt\/viver\/autorizacao-de-residencia-para-investimento-art-90-o-a\/portal-ari","source_last_checked":"2026-09-11","source_scope":"Electronic application, document upload, payment\/DUC flow, family requests, appointment workflow and electronic renewal process.","source_notes":""},{"is_primary_source":true,"source_type":"official_guidance","source_title":"ARI - Perguntas Frequentes","source_authority":"AIMA","source_url":"https:\/\/aima.gov.pt\/pt\/a-aima\/perguntas-frequentes-faqs\/autorizacao-de-residencia-para-investimento-ari","source_last_checked":"2026-09-11","source_scope":"Renewal documentation, minimum stay, investment maintenance and operational ARI guidance.","source_notes":""},{"is_primary_source":true,"source_type":"legislation","source_title":"Lei n.\u00ba 23\/2007 - Artigo 90.\u00ba-A","source_authority":"Di\u00e1rio da Rep\u00fablica","source_url":"https:\/\/diariodarepublica.pt\/dr\/legislacao-consolidada\/lei\/2007-67564445-200304180","source_last_checked":"2026-09-11","source_scope":"Legal ARI framework and two-year renewal periods.","source_notes":""},{"is_primary_source":true,"source_type":"legislation","source_title":"Decreto Regulamentar n.\u00ba 84\/2007 - ARI regulatory framework","source_authority":"Di\u00e1rio da Rep\u00fablica","source_url":"https:\/\/diariodarepublica.pt\/dr\/legislacao-consolidada\/decreto-regulamentar\/2007-116373592","source_last_checked":"2026-09-11","source_scope":"Five-year temporal requirement, minimum stay framework and route-specific proof requirements.","source_notes":""},{"is_primary_source":true,"source_type":"legislation","source_title":"Lei n.\u00ba 56\/2023 - Golden Visa transition and closure of former routes","source_authority":"Di\u00e1rio da Rep\u00fablica","source_url":"https:\/\/diariodarepublica.pt\/dr\/detalhe\/lei\/-222477692-222515924","source_last_checked":"2026-09-11","source_scope":"Closure of former property\/capital-transfer routes for new applications and transitional treatment of pending\/existing ARIs.","source_notes":""},{"is_primary_source":true,"source_type":"official_guidance","source_title":"2026 AIMA administrative fee table","source_authority":"AIMA","source_url":"https:\/\/aima.gov.pt\/media\/pages\/documents\/dc677d0005-1772305205\/tabela-de-taxas-e-demais-encargos-a-cobrar-pelos-procedimentos-administrativos.pdf","source_last_checked":"2026-09-11","source_scope":"2026 ARI analysis, granting, renewal and family-member fees, including reduced digital-channel amounts.","source_notes":"Effective from 1 March 2026."},{"is_primary_source":false,"source_type":"legislation","source_title":"Portaria n.\u00ba 307\/2023 - AIMA fee framework","source_authority":"Di\u00e1rio da Rep\u00fablica","source_url":"https:\/\/diariodarepublica.pt\/dr\/legislacao-consolidada\/portaria\/2023-223039442","source_last_checked":"2026-09-11","source_scope":"Annual fee updating mechanism and 25% digital-channel reduction framework.","source_notes":""},{"is_primary_source":false,"source_type":"official_guidance","source_title":"Autoriza\u00e7\u00e3o de Resid\u00eancia Permanente - Art. 80.\u00ba","source_authority":"AIMA","source_url":"https:\/\/aima.gov.pt\/pt\/viver\/autorizacao-de-residencia-permanente-art-80-o","source_last_checked":"2026-09-11","source_scope":"Permanent residence after five years, basic Portuguese evidence and special permanent ARI treatment.","source_notes":""},{"is_primary_source":true,"source_type":"legislation","source_title":"Lei da Nacionalidade - Lei n.\u00ba 37\/81","source_authority":"Di\u00e1rio da Rep\u00fablica","source_url":"https:\/\/diariodarepublica.pt\/dr\/legislacao-consolidada\/lei\/1981-34536975-855406278","source_last_checked":"2026-09-11","source_scope":"Naturalisation framework in force from 19 May 2026 and transitional rule for pending procedures.","source_notes":""}],"short_summary":"Portugal's investment-based residence route for eligible third-country nationals who make and maintain one of the qualifying investment activities, with a low physical-presence requirement and access to family reunification, work rights and potential long-term residence pathways.","who_this_program_is_for":"Investors and international families who can commit to a qualifying Portuguese investment activity, value a low minimum physical-presence requirement and want a Portuguese residence pathway without using a conventional residence visa route.","who_it_may_not_suit":"Applicants looking to obtain residence by buying property, people who do not want to commit substantial capital or an employment-creation activity, investors who need guaranteed liquidity or returns, or applicants better served by lower-cost genuine-residence routes such as income-, work- or business-based options.","key_benefits":[{"benefit_type":"best_for","benefit_title":"Investors who want Portuguese residence with limited physical presence","benefit_text":"Best suited to applicants who can support a qualifying investment activity and value the flexibility of the ARI minimum-stay framework."},{"benefit_type":"benefit","benefit_title":"Low minimum physical presence","benefit_text":"The ARI framework requires 7 days in Portugal during the first year and 14 days during each subsequent two-year period."},{"benefit_type":"benefit","benefit_title":"Multiple qualifying investment routes","benefit_text":"The current framework includes job creation, scientific research, culture\/heritage, qualifying non-real-estate collective investment undertakings and Portuguese-company capitalisation linked to employment."},{"benefit_type":"benefit","benefit_title":"No conventional residence visa required","benefit_text":"ARI applicants use the special investment-residence framework rather than first obtaining a conventional Portuguese residence visa."},{"benefit_type":"benefit","benefit_title":"Family reunification available","benefit_text":"Qualifying family members can use the ARI family-reunification framework, including the possibility of submitting the family request alongside the investor's application."},{"benefit_type":"benefit","benefit_title":"Right to live and work in Portugal","benefit_text":"AIMA states that ARI holders may reside and work in Portugal, subject to the ordinary rules applicable to the activity."},{"benefit_type":"benefit","benefit_title":"Schengen mobility","benefit_text":"The Portuguese residence title supports travel within the Schengen Area under the applicable rules."},{"benefit_type":"benefit","benefit_title":"Potential permanent-residence and citizenship pathways","benefit_text":"ARI holders may later apply for permanent residence or naturalisation if the separate legal requirements in force at that time are met."}],"limitations_conditions":[{"limitation_type":"limitation","limitation_title":"Real estate is not a current qualifying route","limitation_text":"New ARI applications cannot qualify through property acquisition. Current qualifying investment activities also may not be structured directly or indirectly for real-estate investment."},{"limitation_type":"condition","limitation_title":"There is no single programme-wide investment minimum","limitation_text":"The ARI is a multi-route framework: some routes have \u20ac250,000 or \u20ac500,000 capital thresholds while the job-creation route is defined by employment rather than one equivalent capital floor."},{"limitation_type":"condition","limitation_title":"The investment activity must be maintained","limitation_text":"The ARI framework contains a minimum five-year investment-activity requirement. A change or disposal can compromise renewal while the applicant still relies on that activity as the basis of the title."},{"limitation_type":"watch_out","limitation_title":"Immigration eligibility is not investment suitability","limitation_text":"A fund, company or other structure being capable of meeting ARI rules does not make it risk-free or suitable for a particular investor. Returns, liquidity, fees, strategy and manager risk require separate financial due diligence."},{"limitation_type":"watch_out","limitation_title":"Government fees are significant","limitation_text":"AIMA charges separate analysis, granting and renewal fees, and family-member applications can multiply the administrative cost."},{"limitation_type":"watch_out","limitation_title":"Processing can be difficult to predict","limitation_text":"AIMA processing, correction requests, biometrics and card issuance have not produced one dependable end-to-end timeframe that FYPAS can responsibly promise."},{"limitation_type":"watch_out","limitation_title":"Low ARI presence is not a universal residence rule","limitation_text":"The ARI minimum stay should not be confused with tax-residence tests or the separate requirements for permanent residence and naturalisation."},{"limitation_type":"limitation","limitation_title":"Citizenship is not automatic","limitation_text":"A Golden Visa is a residence permit. Naturalisation requires a separate application and satisfaction of the nationality law in force at that time."}],"important_considerations":"Portugal's Golden Visa is now a multi-route investment-activity residence framework rather than a property-based programme. The decision should begin with both immigration fit and investment suitability. Investors should verify the legal eligibility of the chosen route, understand its capital\/employment\/holding conditions, model AIMA and family fees, assess liquidity and financial risk, and distinguish ARI residence requirements from tax residence and nationality rules.","program_faq":[{"faq_question":"Does Portugal still have a Golden Visa in 2026?","faq_answer":"Yes. Portugal's Residence Permit for Investment Activity (ARI) remains in force, but the current qualifying routes are different from the property-based programme many people remember."},{"faq_question":"Can I get the Portugal Golden Visa by buying property?","faq_answer":"No, not for a new ARI application. Property acquisition is no longer a current qualifying route, and the current investment activities may not be directed, directly or indirectly, to real-estate investment."},{"faq_question":"What are the current Portugal Golden Visa routes?","faq_answer":"Current ARI routes include creation of at least 10 jobs, qualifying scientific-research investment, qualifying arts\/cultural-heritage support, qualifying non-real-estate collective investment undertakings and Portuguese-company capitalisation linked to employment requirements."},{"faq_question":"What is the minimum investment for the Portugal Golden Visa?","faq_answer":"There is no single programme-wide capital minimum. Some qualifying routes use \u20ac250,000 or \u20ac500,000 thresholds, while the job-creation route is defined by employment rather than one equivalent minimum euro investment."},{"faq_question":"Can the Golden Visa investment be reduced in a low-density area?","faq_answer":"The legal framework provides a 20% reduction for certain qualifying activities in low-density territories. The exact applicability depends on the route. FYPAS avoids treating an inconsistent arithmetic figure currently displayed on one AIMA page as a canonical threshold."},{"faq_question":"How long must I keep the Golden Visa investment?","faq_answer":"The ARI framework contains a five-year minimum temporal requirement for the qualifying investment activity. If the applicant still relies on that activity as the basis of the ARI, changing or disposing of it can affect renewal."},{"faq_question":"How much time do I need to spend in Portugal?","faq_answer":"The ARI minimum stay is 7 days during the first year and 14 days during each subsequent two-year period. The days may be consecutive or non-consecutive."},{"faq_question":"How long is the Golden Visa residence permit valid?","faq_answer":"The temporary ARI title is valid for two years. Article 90-A provides for renewal in two-year periods, subject to continued compliance with the ARI requirements."},{"faq_question":"Can I include my family?","faq_answer":"Yes. The ARI framework permits family reunification, and AIMA states that the family request can be submitted alongside the investor's ARI application, although it remains conditional on approval of the main application."},{"faq_question":"Can Golden Visa holders work in Portugal?","faq_answer":"Yes. AIMA states that ARI holders may reside and work in Portugal. Ordinary tax, employment, licensing and social-security rules still apply."},{"faq_question":"Can I invest in more than one fund?","faq_answer":"AIMA states that units may be acquired in more than one qualifying fund provided the total legally required amount and the other ARI conditions are satisfied."},{"faq_question":"Does a qualifying fund guarantee investment returns?","faq_answer":"No. Immigration eligibility and investment performance are separate questions. A qualifying investment can still involve market, manager, liquidity, fee and capital-loss risk."},{"faq_question":"Can the Golden Visa lead to permanent residence?","faq_answer":"Yes. ARI holders may apply for permanent residence after at least five years of temporary residence if the separate Article 80 requirements are met, including basic Portuguese evidence."},{"faq_question":"Does the Golden Visa give me Portuguese citizenship?","faq_answer":"No. Citizenship is not automatic. Naturalisation is a separate process. Under the rules in force from 19 May 2026, the general legal-residence period is 7 years for nationals of Portuguese-speaking countries and EU citizens and 10 years for other nationals, together with additional requirements."},{"faq_question":"How long does the Portugal Golden Visa process take?","faq_answer":"FYPAS does not publish one guaranteed end-to-end ARI timeframe. Preparation, AIMA review, correction requests, appointment availability, biometrics and card issuance can vary materially."}],"qualifying_investment_routes":[{"investment_route_name":"Qualifying non-real-estate collective investment undertaking","investment_route_type":"fund","investment_route_minimum_amount":500000,"investment_route_currency":"EUR","investment_route_holding_period":5,"investment_route_holding_period_unit":"years","investment_route_capital_recoverable":null,"investment_route_non_refundable":null,"investment_route_eligibility_conditions":"Invest at least \u20ac500,000 in units\/parts of non-real-estate collective investment undertakings constituted under Portuguese law. At the time of investment, the vehicle must have a maturity of at least five years and at least 60% of the investment value must be invested in commercial companies headquartered in Portugal. Eligible vehicles may be combined when the total and all legal conditions are met.","investment_route_exit_conditions":"Maintain the qualifying ARI position for the required period. Liquidity, redemption, valuation and exit depend on the specific vehicle documents. Capital is not government-guaranteed."},{"investment_route_name":"Scientific research investment","investment_route_type":"research","investment_route_minimum_amount":500000,"investment_route_currency":"EUR","investment_route_holding_period":"","investment_route_holding_period_unit":"years","investment_route_capital_recoverable":null,"investment_route_non_refundable":null,"investment_route_eligibility_conditions":"Transfer at least \u20ac500,000 for research activities developed by public or private scientific research institutions integrated into Portugal's national scientific and technological system. Statutory low-density reduction: \u20ac400,000 where applicable.","investment_route_exit_conditions":"General ARI investment-activity minimum period is five years. No universal repayment or recoverability promise is supported by the programme law."},{"investment_route_name":"Artistic production and national cultural heritage","investment_route_type":"arts_culture","investment_route_minimum_amount":250000,"investment_route_currency":"EUR","investment_route_holding_period":"","investment_route_holding_period_unit":"years","investment_route_capital_recoverable":null,"investment_route_non_refundable":null,"investment_route_eligibility_conditions":"Invest or support at least \u20ac250,000 in artistic production or the recovery\/maintenance of national cultural heritage through qualifying public\/cultural bodies. The law provides a 20% low-density reduction, but AIMA currently displays an internally inconsistent \u20ac220,000 figure. The discounted amount requires confirmation before an application or investment decision.","investment_route_exit_conditions":"General ARI investment-activity minimum period is five years. This route does not provide a standard financial redemption mechanism."},{"investment_route_name":"Portuguese commercial company capitalisation and employment","investment_route_type":"business_company","investment_route_minimum_amount":500000,"investment_route_currency":"EUR","investment_route_holding_period":"","investment_route_holding_period_unit":"years","investment_route_capital_recoverable":null,"investment_route_non_refundable":null,"investment_route_eligibility_conditions":"Invest at least \u20ac500,000 to establish a Portuguese commercial company with creation of five permanent jobs, or reinforce the share capital of an existing Portuguese commercial company combined with creation of at least five permanent jobs or maintenance of at least ten jobs, at least five permanent. The existing-company employment condition carries a minimum three-year period in the statutory wording.","investment_route_exit_conditions":"The general ARI investment-activity minimum remains five years. The three-year employment condition is distinct from the five-year programme requirement. Equity value and exit are structure-dependent and not government-guaranteed."},{"investment_route_name":"Create at least 10 jobs","investment_route_type":"job_creation","investment_route_minimum_amount":"","investment_route_currency":"EUR","investment_route_holding_period":"","investment_route_holding_period_unit":"years","investment_route_capital_recoverable":null,"investment_route_non_refundable":null,"investment_route_eligibility_conditions":"Create at least 10 jobs in Portugal. In qualifying low-density territory, the statutory 20% reduction may reduce the requirement to 8 jobs.","investment_route_exit_conditions":"Maintain the qualifying investment activity for the applicable ARI minimum period. This employment route is not a redeemable capital holding."}],"general_investment_restrictions":"Current ARI qualifying investment activities do not include a property-acquisition Golden Visa route. Applicable qualifying activities may not be structured directly or indirectly for real-estate investment.","investment_program_notes":"Five current statutory alternatives are accounted for. Low-density rules are variants of eligible alternatives, not extra routes. Culture\/heritage has an unresolved official display conflict: the statute provides a 20% reduction, while AIMA currently displays \u20ac220,000 alongside '20%'. Keep the uncontested \u20ac250,000 base amount and disclose the conflict rather than publishing a definitive discounted euro figure."},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/fypas.com\/zh-tw\/wp-json\/wp\/v2\/residency_program\/199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fypas.com\/zh-tw\/wp-json\/wp\/v2\/residency_program"}],"about":[{"href":"https:\/\/fypas.com\/zh-tw\/wp-json\/wp\/v2\/types\/residency_program"}],"wp:attachment":[{"href":"https:\/\/fypas.com\/zh-tw\/wp-json\/wp\/v2\/media?parent=199"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/fypas.com\/zh-tw\/wp-json\/wp\/v2\/country?post=199"},{"taxonomy":"program_category","embeddable":true,"href":"https:\/\/fypas.com\/zh-tw\/wp-json\/wp\/v2\/program_category?post=199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}