The Portugal Golden Visa program, also known as the Portugal Investment Residency Program, was launched in 2012. It allows wealthy people to obtain residency in the country by investing in its economy.
Applicants have 5 investment options : purchasing investment fund units, supporting art and restoring cultural heritage, investing in research activities, business investment and opening a company with the creation of at least 10 jobs.
The residence permit is issued for 2 years with an opportunity to extend it each 2 years for as long as the investor wants.
With a Portugal residence permit, investors obtain various benefits: the right to live, work or run a business in Portugal and travel around the Schengen Area. Permanent residency remains a separate route after 5 years of legal residence. For nationality applications filed from 19 May 2026 onward, Lei Orgânica n.º 1/2026 sets the naturalisation residence period at 7 years for CPLP and EU nationals and 10 years for other nationalities. The statute contains no transitional provision for Golden Visa holders who have not yet filed a nationality application.