The Portugal ARI Golden Visa legal framework launched on 8 October 2012. The programme is regulated under Law 23/2007 of 4 July and Law 29/2012 of 9 August, law 63/2015 of 30 June and Regulatory Decree 15-A/2015 of 2 September.
The programme grants approved applicants a Portuguese Residence Permit, allowing the individuals the right to reside in Portugal and to travel freely within the Schengen area. Golden Visa applicants can also benefit from a favourable tax regime on foreign income as non-domiciled residents.
Applicants have numerous investment options, with certain projects and areas commanding a lower investment amount.