Portugal — D9 Golden Visa (Investment Fund Residency)

Active in 2026 — but real estate no longer qualifies (removed October 2023). The main route today is a EUR 500,000 investment in an eligible Portuguese fund. Grants residency with a path to citizenship (residency period under review; may extend from 5 to 10 years). ICS consultants help determine whether this category fits your profile and manage every stage of the application on your behalf.

General requirements typically include: A qualifying investment: EUR 500,000+ in an eligible Portuguese investment fund (primary route), or EUR 200,000-250,000 donation to arts/culture/heritage projects (alternate route).; Real estate purchase no longer qualifies as of October 2023.; Pass due-diligence and source-of-funds checks.; Clean criminal record.; Minimal physical presence required (approx. 7 days in year 1, 14 days per subsequent 2-year period).. Eligibility depends on your individual circumstances — ICS offers a free assessment against the current requirements.

Commonly required documents include: Valid passport, Proof of funds / source of wealth, Fund subscription agreement, Criminal record certificate, Health insurance, Passport-size photographs. Exact document requirements can vary by case, so confirm your specific list with an ICS consultant before applying.

In general: Free consultation and fund selection with ICS; then Source-of-funds documentation and due diligence preparation; then Fund investment execution (EUR 500,000+); then Application submission to AIMA; then Processing and decision (typically 12-18 months); then Residence permit issuance — path to citizenship after the required residency period. Processing times and exact steps can change — ICS manages this process directly with clients so nothing gets missed.

As of the last update to this page, this program is active and accepting applications. Requirements and processing times can change, so always confirm current status with ICS or the relevant government authority before applying.