International Mobility

Gold Visa

“Gold visa” (visto gold, in Portuguese) is a popular name for the Golden Visa — formally the Residence Permit for Investment (ARI). It is not a different programme: it is the same residence-by-investment regime. Those searching for a “gold visa” are, in practice, looking for Portugal's Golden Visa.

“Gold visa” (visto gold, in Portuguese) is a popular name for the Golden Visa — formally the Residence Permit for Investment (ARI). It is not a different programme: it is the same residence-by-investment regime. Those searching for a “gold visa” are, in practice, looking for Portugal's Golden Visa.

How it works

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Legal framework
  • Same framework as the Golden Visa: Law no. 23/2007, Article 90.º-A (ARI).
  • Amended by Law no. 56/2023 ("Mais Habitação"), which removed real estate.
  • Fund route: reference amount of €500,000, fund regulated by the CMVM. We always confirm the rules in force.
In depth
01

Why so many names

“Gold visa”, “golden visa”, “golden passport” and “ARI” all refer to the same permit. ARI is the legal name; the others are marketing and everyday names that became popular in different markets.

This tangle of terms means much of the information online is outdated or mixes rules from different years. We always work with the text of the law in force at the time of your application.

02

What changed and what stayed

What changed: real estate investment stopped being eligible in 2023. What stayed: residence by investment continues, led by the route of funds regulated by the CMVM, with a reference amount of €500,000.

The minimal presence and the path to permanent residence and citizenship also remain, provided the legal requirements are met.

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Frequently asked questions

Is a gold visa different from the Golden Visa?

No. It is the same programme — "gold visa" is simply a popular name for the ARI / Golden Visa.

Can it still be done through property?

Not for new applications: the 2023 reform removed real estate. The fund route is one of the current alternatives.

What is the minimum amount today?

On the fund route, the reference amount is €500,000, set by law and subject to revision. We always confirm the amount in force.

Does the gold visa give access to Europe?

It grants the right to reside in Portugal and move within the Schengen Area, and opens the path to permanent residence and European citizenship.

Related topics
Golden VisaARI — Residence Permit for InvestmentInvestment Funds (Golden Visa)Portuguese Citizenship

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