Portugal
Portugal D7 Visa
The Portugal D7 Visa is designed for retirees and individuals with a stable passive income, allowing them to reside in Portugal. This visa is ideal for those who can support themselves financially without working in the country.
Portugal D7 Visa
The Portugal D7 Visa is designed for retirees and individuals with a stable passive income, allowing them to reside in Portugal. This visa is ideal for those who can support themselves financially without working in the country.
- Population: Approximately 10.3 million
- Languages: Portuguese
- Economy: Diverse, with strong sectors in tourism, agriculture, and services
- Currency: Euro (EUR)
- Visa-Free Travel: Schengen Area countries
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Advantage
- Residency in Portugal: Obtain legal residency in Portugal for retirees or individuals with a stable income.
- High Quality of Life: Enjoy Portugal’s pleasant climate, rich culture, and excellent healthcare system.
- Schengen Area Access: Visa-free travel within the 26 Schengen countries.
- Family Reunification: Immediate family members, including spouse and dependent children, can be included in the application.
- Pathway to Permanent Residency and Citizenship: Potential to apply for permanent residency and eventually citizenship after five years.
- Tax Benefits: Access to Portugal’s Non-Habitual Resident (NHR) tax regime.
Requirements
- Stable Income: Proof of regular passive income such as pension, rental income, or investments, that meets the minimum required amount (approximately EUR 9,120 per person, though it is recommended to show no less than EUR 15,000 at any time).
- Accommodation: Evidence of accommodation in Portugal, such as a rental agreement or property deed.
- Clean Criminal Record: Provide a criminal record certificate from the country of residence.
- Health Insurance: Valid health insurance covering the applicant and family members(minimum coverage requirement of EUR 30,000 for all Schengen member states).
- Proof of Funds: Bank statements showing sufficient savings to support yourself and your family during your stay in Portugal.
- Portuguese Bank Account: Required to receive funds in Portugal.
Investment
- Income Requirements: The primary requirement is demonstrating stable passive income that meets the minimum threshold, rather than making a significant investment.
- Accommodation: Securing accommodation in Portugal is necessary, either through purchasing property or signing a rental agreement.
Process
- Prepare Documentation: Gather required documents, including proof of income, accommodation, clean criminal record, health insurance, and proof of funds.
- Submit Application: Apply for the D7 visa at the Portuguese consulate in your country of residence. Submit all necessary documentation.
- Approval and Visa Issuance: Once the application is approved, receive the D7 visa, which allows you to enter Portugal.
- Apply for Residence Permit: Upon arrival in Portugal, apply for a residence permit at the local Serviço de Estrangeiros e Fronteiras (SEF) office.
- Residence Permit Issuance: Receive an initial residence permit, typically valid for one year.
- Renewal: The residence permit can be renewed for two subsequent periods of two years each.
- Permanent Residency/Citizenship: After five years of continuous residency, apply for permanent residency or citizenship.