- PH-3-2026 -
2026 update

ARI Renewal Rules and Minimum Stay

Holding a Golden Visa is not a one-off event; it depends on renewing the permit on schedule and continuing to meet the underlying legal conditions.

The ARI residence permit is issued for an initial period and must then be renewed at set intervals under Lei n.º 23/2007, as amended. Renewal is not automatic; the holder must apply within the applicable window and demonstrate that the legal conditions of the programme continue to be met.

The renewal cycle

The residence permit is granted for an initial validity period and subsequently renewed for further periods on application to AIMA. Each renewal application requires updated supporting documents, including confirmation that the qualifying investment is still held and evidence relating to the minimum stay requirement. Applicants should check the current validity periods and renewal windows on AIMA's own guidance, since these are set by the applicable legislation and administrative practice rather than fixed indefinitely.

Minimum stay obligation

A defining feature of the ARI is that it allows a lower minimum stay in Portugal than most other residence routes, but it does still impose a minimum number of days of presence in the country, averaged across each permit period, under the applicable legislation. This obligation applies to the main applicant and, in principle, to any family members holding their own residence permit through the same investment.

  • Days of physical presence in Portugal are generally what is assessed, rather than mere ownership of the investment.
  • The stay requirement is typically measured across each permit period rather than every single year, but the exact calculation should be confirmed against the current legal text and AIMA guidance.
  • Evidence of entries and exits (for example passport stamps, travel records or residence in other jurisdictions) may be requested to demonstrate compliance.

Evidence of maintained investment

Renewal also requires evidence that the qualifying investment has been maintained for the legally required holding period. Depending on the route originally used, this could include a fund statement confirming continued unit holding, or documentation confirming that a job-creation or company-incorporation route continues to satisfy its conditions. Since the property and capital-transfer routes no longer qualify for new applications, this section focuses on the routes still available, principally investment funds, job creation, research support, cultural donation and business creation/capital subscription.

Family members

Family reunification allows qualifying family members to hold residence permits linked to the main applicant's investment. On renewal, each family member's continued eligibility (for example proof of the family relationship and, where applicable, their own minimum stay) is generally assessed alongside the main applicant's file.

Consequences of non-compliance

SituationPossible consequence
Investment sold or reduced below the qualifying level during the required holding periodLoss of the basis for renewal; the permit may not be renewed
Minimum stay not met for a permit periodRenewal may be refused unless a valid justification is accepted by AIMA
Renewal application not submitted within the applicable windowRisk of the permit lapsing, with knock-on effects for family members' permits
Incomplete or inconsistent documentation submitted at renewalDelay while AIMA requests further information, or refusal if not resolved

The consequences above follow from the general structure of the programme; the precise procedural outcome in an individual case depends on AIMA's assessment and should be discussed with an independent, regulated Portuguese immigration lawyer.