Portugal Golden Visa through business: residence for job creation or EUR 500,000 in company capital

It is a residence permit for investment activity (ARI) under article 90-A of Law 23/2007. Since 7 October 2023 Law 56/2023 has removed property purchase and plain capital transfer from the programme. Five routes remain: 10 jobs, EUR 500,000 in research, EUR 250,000 in culture, EUR 500,000 in an investment fund and EUR 500,000 in the capital of a Portuguese company. None of them may be directed, directly or indirectly, into real estate.

The first is the creation of at least 10 jobs (8 in low-density territories); the law sets no capital amount, the budget is the payroll. The second is a transfer of at least EUR 500,000 to incorporate a Portuguese company with 5 permanent jobs, or to increase the capital of an existing company with 5 new permanent jobs or 10 jobs maintained (5 of them permanent) for at least 3 years. The 20% reduction does not apply to the second route.

The law speaks of 'postos de trabalho permanentes' without a separate definition; in practice these are positions under open-ended employment contracts with the workers registered with social security. AIMA confirms the workforce from social security data and asks for individual employment contracts. Fixed-term or sham contracts put the renewal at risk, so we design the staffing structure before filing.

No. Article 3(5) of Law 23/2007 prohibits directing investment activity under the business routes, directly or indirectly, into real estate. A company with a development or letting business does not qualify; trade, manufacturing, tourism, IT and services do.

A minimum of 7 days in the first year and 14 days in each subsequent two-year period, consecutive or not. The general rule cancelling a residence permit after more than 6 consecutive months abroad does not apply to investors: this special regime applies instead. The company can be managed remotely.

Under the AIMA fee table (updated 26 February 2026): EUR 842.80 for analysis, EUR 8,418.90 for issuing the card and EUR 4,210.30 for renewal — per applicant and per family member. Filing through the digital channel carries a 25% reduction: EUR 632.10, EUR 6,314.20 and EUR 3,157.80. Permanent residence for an ARI holder costs EUR 11,786.70 to issue and EUR 5,894.10 to renew.

Under article 82(5) of Law 23/2007, 90 days, extendable by 30 days in exceptional cases; renewal 60 days; a family application 9 months. These are statutory periods. In practice AIMA's queue for document submission, biometrics and card issuance is considerably longer, and we do not promise a number of months: we give an estimate based on the agency's workload on the filing date.

No. The ARI application is filed while you are legally in Portugal on a Schengen visa, within 90 days of first entry. Prior registration in Portal ARI is mandatory; AIMA then schedules a visit to its office for originals and biometrics. There is no consular stage in India or the UAE.

Yes. According to AIMA, an ARI holder may live and work in Portugal, employed or self-employed, including running their own company, and travel freely in Schengen. Work is not a condition of the status: only the basis and the minimum days of stay are mandatory.

The personal status creates no tax: you become tax resident if you spend more than 183 days in Portugal in any 12 months or keep a home there that indicates an intention to live permanently (article 16 of the CIRS). The company, however, pays Portuguese taxes and social contributions for its workers from day one. We run the corporate and personal calculation before incorporation.

Renewal is filed through the Portal de Renovações for 2 years: passport, proof that the basis is maintained, days of stay, means and accommodation, no debts, the fee. AIMA states plainly that disposing of or changing the investment may compromise renewal while you rely on it as the basis. If the jobs fall below the threshold, they must be restored before filing or you switch to another route, for example a fund.

The nationality law as amended by Organic Law 1/2026 (in force since 19 May 2026) requires 10 years of legal residence for nationals of countries outside the EU and the Portuguese-speaking world; periods are added up if they fall within 12 years. The former rule counting time from the date of the residence application has been repealed; applications filed before the law came into force are examined under the old rules. A language and culture test is required. India does not allow dual citizenship, so a Portuguese passport would mean surrendering the Indian one.

Police certificates from the country of citizenship and from every country where you lived for more than a year, issued within 3 months, legalised and translated into Portuguese: Indian documents with an apostille from the Ministry of External Affairs, UAE documents legalised through the UAE Ministry of Foreign Affairs. Plus passport, NIF, insurance, Portuguese no-debt certificates, the investment declaration and the company's corporate documents. For the family: marriage and birth certificates, proof of dependency and of studies.

Yes. Article 99 of Law 23/2007 includes dependent parents of the investor or spouse (no age threshold) and adult children who are unmarried, dependent on you and studying. For ARI holders the studies are not limited to Portugal; in practice AIMA states an age of up to 25. The family is filed with the investor, and the 2-year wait of ordinary family reunification does not apply.

The investment does not change: 10 jobs or EUR 500,000 is contributed once by the main applicant. The fees grow: each family member pays EUR 842.80 for analysis, EUR 8,418.90 for the card and EUR 4,210.30 for renewal after 2 years. A couple with two children pays EUR 37,046.80 in fees before the cards are issued. You must also show means of subsistence and accommodation for everyone.

Yes. If the application is refused through the fault of our team or an error in building the case, we refund the company's service fee less a minimal retention for costs actually incurred. Refund terms, the payment schedule and the rules on retaining service costs are fixed in the contract before work begins. Before we start, we check your documents and risk history free of charge and tell you about any risks in advance.