The permit is issued for one year and then renewed for successive periods of two years.

Requirements:

  1. Maintain the investment for a minimum period of five years.
  2. Spend a minimum of seven days in Portugal during the first year, then not less than 14 days in each subsequent 2-year period.

To renew your residence permit and receive a new residence card, you need to go through a renewal process about one month before your current residence card expires.

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