Order number 11820-A/2012, regulates the conditions of the granting and renewal of residence permit for investment activity in Portugal without visa requirements.

It applies to: 

• - All third country nationals that require the authorisation and perform
  in person or through a company that leads, as a rule, to the implementation of at least one of the following situations in Portugal and for a minimum period of five years: 
• i) Transfer of capital in an amount equal to or exceeding 1 million Euros;
• ii) Creation of at least thirty jobs;
• iii) Real estate acquisitions equal or exceeding 500 thousand Euros.  
• - Third country nationals with share capital on a company with head office in Portugal, or at another Member State and permanent establishment.

The Order establishes the minimum requirements for the investment activity, minimum period of permanence, forms of evidence for the granting and renewal of residence.

The Order shall enter into force on 8 October 2012.