ARI OVERVIEW
WHAT DO I NEED TO
The residence permit regime for investment activity (ARI), in force since October 8, 2012, allows nationals of third States can obtain a temporary residence permit for investment activity with residence visa waiver to enter the country. ARI theme beneficiary the opportunity to:
- Sign in Portugal with residence visa waiver;
- Residing and working in Portugal, should at least remain in Portugal for a period not infer the seven days in the first year and not less than 14 days in subsequent years;
- Circular for the Schengen area without a visa;
- To benefit from family reunification;
- Request to grant Permanent Residence Permit under the Aliens Act (Act n.º23 / 2007 of July 4, with the current wording). Holders citizens residence permits for investment activity and families meeting the requirements of Article 80 of the REPSAE and require the granting of permanent residence permit, a residence permit will be issued to permanent investment activity, excepting this scheme as provided in Section b) of paragraph 2 and paragraphs 3 and 4 of Article 85 of the same law (cancellation right by absences of the country, cf. Article 65 of decree-K Reg. 84/07 to 5/11, in its current wording). The Residence Permit for Permanent Investment activity may be subject to specific rates of analysis and issuance, regulatory headquarters inamendments to Ordinance No. 1334-E / 2010 of 31 December.
- Possibility to request the acquisition of Portuguese nationality through naturalization, fulfilling the other requirements in the Nationality Law (Law n.º37 / 81, 3 October, with the current wording).
WHO CAN APPLY?
All nationals of third States exercising the activity of the investment in person or through a company incorporated in Portugal or in another EU State and a permanent establishment in Portugal, who meet one of the quantitative requirements and the time requirement under applicable law may apply for residence permit for investment Activity by investment via one of the following options:
- The transfer of capital in the amount not less than 1 million euros;
- Creating at least 10 jobs;
- The acquisition of property value equal to or greater than 500,000 euros;
- Acquisition of real estate whose construction has been completed for at least 30 years old and located in urban regeneration area and carrying out rehabilitation works of real estate acquired in the total amount equal to or greater than 350,000 euros;
- Transfer of capital in the amount not less than 350,000 euros, which is applied in research activities carried out by public or private institutions of scientific research, built on scientific and technological system;
- Capital transfer in the amount not less than 250,000 euros, which is applied to investment or supporting artistic production, recovery or national cultural heritage maintenance, through the central and peripheral direct administration, public institutions, entities that comprise the public business sector, public foundations, private foundations with public utility status, inter-municipal entities, entities that are part of the local business sector, municipal associations organizations and cultural public associations, pursuing assignments in the field of artistic production, recovery or maintenance of cultural heritage national;
- Capital transfer in the amount not less than € 350 000 for the purchase of units in mutual funds or venture capital funds geared to the capitalization companies, which are constituted under Portuguese law, whose maturity at the time the investment is at least five years and at least 60% ofthe value of investments to be achieved in commercial companies based in the country;
- Capital transfer in the amount not less than € 350,000 for the establishment of a trading company based in Portugal, together with the creation of five permanent jobs, or to streng then the capital of atrading company headquarters in the country, already constituted, with the creation or maintenance of jobs, with a minimum of five permanent, and for a minimum period of three years.
ARI regime does not apply to citizens who have Portuguese nationality and nationals of EU and EEA.
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