Portugal residency for Australian citizens.

changed 2023: real estate funds excluded

Minimum

€500,000 · about $561k

What counts

€500,000+ in Portuguese non-real-estate collective investment funds, at least 5 years to maturity, 60%+ invested in Portugal-based companies

Processing

Not published

Permit

2 years, renewable (renewals of 3 years; investment must be held at least 5 years)

Time you must spend there

7 days in the first year and 14 days in each later year

Path to a passport

Citizenship possible after about 10 years, permanent residence after 5.

Family

spouse; children under 18 (or incapable) and adopted minors; dependent unmarried children 18-25 who are studying; dependent parents of the investor or spouse; minor siblings under guardianship

Tax

NHR closed to new entrants end-2023; replacement IFICI (20% flat on qualifying income for 10 years) is limited to specific professions and generally excludes passive investors and retirees

Official source · Second source · checked 2026-10-20

Minimum

€250,000 · about $280k

What counts

€250,000+ transferred to support artistic production or the recovery or maintenance of national cultural heritage through approved public or public-interest bodies (€200,000 in low-density areas)

Processing

Not published

Permit

2 years, renewable (renewals of 3 years; investment must be held at least 5 years)

Time you must spend there

7 days in the first year and 14 days in each later year

Path to a passport

Citizenship possible after about 10 years, permanent residence after 5.

Family

spouse; children under 18 (or incapable) and adopted minors; dependent unmarried children 18-25 who are studying; dependent parents of the investor or spouse; minor siblings under guardianship

Tax

NHR closed to new entrants end-2023; replacement IFICI (20% flat on qualifying income for 10 years) is limited to specific professions and generally excludes passive investors and retirees

Official source · Second source · checked 2026-10-20

Minimum

€500,000 · about $561k

What counts

€500,000+ for research by public or private scientific research institutions in the national science and technology system (€400,000 in low-density areas, per AIMA)

Processing

Not published

Permit

2 years, renewable (renewals of 3 years; investment must be held at least 5 years)

Time you must spend there

7 days in the first year and 14 days in each later year

Path to a passport

Citizenship possible after about 10 years, permanent residence after 5.

Family

spouse; children under 18 (or incapable) and adopted minors; dependent unmarried children 18-25 who are studying; dependent parents of the investor or spouse; minor siblings under guardianship

Tax

NHR closed to new entrants end-2023; replacement IFICI (20% flat on qualifying income for 10 years) is limited to specific professions and generally excludes passive investors and retirees

Official source · Second source · checked 2026-10-20

Minimum

€500,000 · about $561k

What counts

€500,000+ to set up a Portuguese company creating 5 permanent jobs, or to increase the capital of an existing one creating 5 permanent jobs or keeping 10 jobs (5 permanent) for at least 3 years; separately, creating 10 jobs with no minimum capital (8 in low-density areas)

Processing

Not published

Permit

2 years, renewable (renewals of 3 years; investment must be held at least 5 years)

Time you must spend there

7 days in the first year and 14 days in each later year

Path to a passport

Citizenship possible after about 10 years, permanent residence after 5.

Family

spouse; children under 18 (or incapable) and adopted minors; dependent unmarried children 18-25 who are studying; dependent parents of the investor or spouse; minor siblings under guardianship

Tax

NHR closed to new entrants end-2023; replacement IFICI (20% flat on qualifying income for 10 years) is limited to specific professions and generally excludes passive investors and retirees

Official source · Second source · checked 2026-10-20

Minimum

€11,040 · about $12k

What counts

Regular passive income (pension, rent, dividends, etc.) of at least the national minimum wage (€920 a month in 2026; +50% for each further adult, +30% per child); an owned or long-rented home, or a host's notarised term of responsibility, counts as accommodation

Processing

Not published

Permit

2 years, renewable (2-year first permit, then 3-year renewals under art. 75 of Law 23/2007)

Time you must spend there

no set number of days; a temporary permit can be cancelled after more than 6 consecutive months, or 8 months in total, of unjustified absence during its validity

Path to a passport

Citizenship possible after about 10 years, permanent residence after 5.

Family

spouse, children and dependent parents; family members generally join only once the holder has held the permit for 2 years (15 months for a spouse who lived with the holder for 18 months before arrival), but minor children, and a spouse who is their parent, can join straight away

Tax

NHR closed to new entrants end-2023; replacement IFICI (20% flat on qualifying income for 10 years) is limited to specific professions and generally excludes passive investors and retirees

Official source · Second source · checked 2026-10-20

closed 2023-10-07 (Law 56/2023 of 6 Oct 2023, the Mais Habitação package: residence-by-investment money may no longer go directly or indirectly into real estate)

Minimum

€280,000 · about $314k

What counts

Real estate routes (€500k, €350k refurbishment and lower-density discounts down to €280k) were abolished; no property route remains

Processing

Not published

Permit

2 years, not renewable for new applicants (legacy permits renew under ARI rules)

Time you must spend there

7 days in the first year and 14 days in each later year

Path to a passport

Citizenship possible after about 10 years, permanent residence after 5.

Family

spouse; children under 18 (or incapable) and adopted minors; dependent unmarried children 18-25 who are studying; dependent parents of the investor or spouse; minor siblings under guardianship

Tax

NHR closed to new entrants end-2023; replacement IFICI (20% flat on qualifying income for 10 years) is limited to specific professions and generally excludes passive investors and retirees

Official source · Second source · checked 2026-10-20