The permit is issued for one year and then renewed for successive periods of two years.
Requirements:
- Maintain the investment for a minimum period of five years.
- 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.
