Estimate your all-in Portugal Golden Visa cost — investment, AIMA government fees for your whole family, and the timeline to permanent residency and citizenship. Add your email for a tailored breakdown.
Since real estate was removed in 2023, the main Portugal Golden Visa (ARI) route is a €500,000 subscription to a CMVM-regulated investment fund with no real-estate exposure. Scientific research also starts at €500,000; the arts and cultural-heritage route is the lowest entry point at €250,000.
On top of the investment, AIMA government fees are charged per person and rose on 1 March 2026 (Portaria n.º 307/2023): about €842.80 for reception and analysis, plus €8,418.90 for the grant of each residence permit, with renewals around €4,210.30 per person. A large family multiplies the fees, not the investment. Budget separately for legal and due-diligence costs and the fund’s own subscription and management fees.
Physical presence is minimal — an average of about seven days a year. You can apply for permanent residency after five years; citizenship eligibility begins at seven years for EU and Portuguese-speaking (CPLP) nationals and ten years for others, counted from when the permit is issued, with an A2 Portuguese exam.
The minimum qualifying investment is €500,000 for the fund or research route, or €250,000 for arts and cultural heritage. Add AIMA government fees (in force since 1 March 2026 under Portaria n.º 307/2023): about €842.80 for analysis plus €8,418.90 for the grant per person, renewals near €4,210.30 per person, and separate legal, due-diligence and fund management fees.
No. The real-estate route was removed in 2023. The main route now is a €500,000 subscription to a CMVM-regulated investment fund with no real-estate exposure.
You can apply for permanent residency after five years. Citizenship eligibility begins at seven years for EU/CPLP nationals and ten years for others, counted from the date the permit is issued, with an A2 Portuguese exam.
Processing currently runs roughly 12 to 36 months from submission to a granted permit, owing to AIMA’s backlog.
Fund fees vary and are published in each fund’s CMVM prospectus and KID — typically a subscription/entry fee of about 0–2%, an annual management fee of about 1–2%, and a performance fee of around 20% over a hurdle. On €500,000, management alone is roughly €5,000–€10,000 per year.
