Chapter VI · Residence in national territory · Section II · Residence permit · Subsection II · Residence permit for investment activity

Article 90-A Residence permit for investment activity (ARI)

Artigo 90.º-A · Autorização de residência para atividade de investimento

Lei n.º 23/2007, de 4 de julho (Lei de Estrangeiros) · consolidated text, as amended by Law No. 62/2026, checked 26 October 2026

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1. A residence permit for the purpose of carrying out an investment activity shall be granted to third-country nationals who cumulatively:

1 - É concedida autorização de residência, para efeitos de exercício de uma atividade de investimento, aos nacionais de Estados terceiros que, cumulativamente:

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a) Meet the general requirements laid down in Article 77, with the exception of paragraph 1(a) thereof;

a) Preencham os requisitos gerais estabelecidos no artigo 77.º, com exceção da alínea a) do n.º 1;

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b) Hold valid Schengen visas;

b) Sejam portadores de vistos Schengen válidos;

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c) Regularise their stay in Portugal within 90 days of the date of first entry into national territory;

c) Regularizem a estada em Portugal dentro do prazo de 90 dias a contar da data da primeira entrada em território nacional;

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d) Meet the requirements laid down in Article 3(1)(d).

d) Preencham os requisitos estabelecidos na alínea d) do n.º 1 do artigo 3.º

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2. The residence permit shall be renewed for periods of two years, in accordance with this Law, provided that the applicant proves that they continue to meet any one of the requirements of Article 3(1)(d).

2 - É renovada a autorização de residência por períodos de dois anos, nos termos da presente lei, desde que o requerente comprove manter qualquer um dos requisitos da alínea d) do n.º 1 do artigo 3.º

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3. (Repealed.)

3 - (Revogado.)

What we checked in this article

Verify the cumulative conditions in paragraph 1, the exception for Article 77(1)(a), the 90-day time limit from first entry, the cross-references to Article 3(1)(d), and the two-year renewal periods in paragraph 2.

Moving to Portugal, or bringing a team or family? Article 90-A may decide what you can apply for.

We map the visa and residence route that fits your activity, prepare the company side (contracts, payroll, registrations) and coordinate with immigration lawyers for the application itself. A written answer and a fixed quote within one working day.

Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

Applying the law

Visas and residence in Portugal, planned together with the company

The permit depends on what you will do here: employment, your own company, remote work for a foreign employer or investment. Tell us the plan, and we will set out which route the Act gives you and what the company needs to have in place.

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