How Long Can D7 Visa Holders Stay in Portugal?

The Portugal D7 visa or Portugal Passive Income Visa allows non-EU nationals to relocate to Portugal permanently. To be eligible, potential immigrants must show that they have sufficient funds to support them in Portugal. The D7 visa is also known as a Portugal retirement visa.

 

Portugal D7 visa- Key Features

 

ü  The D7 visa is a long-term residency visa in Portugal for non-EU/EEE/and Swiss nationals.

ü  As a Passive Income Visa, the pathway requires applicants to demonstrate that they have the financial resources to cover their expenses in Portugal.

ü  The visa allows the holder to live, work, and study in Portugal.

ü  It's an excellent choice for pensioners and entrepreneurs, retired foreigners, and other ex-pats with stable Income in the form of movable property, real estate, financial investments, intellectual property, etc. The D7 visa leads to a residency permit.

ü  The visa holders may also apply for Portugal's Non-Habitual Resident Tax system.

 

What are the benefits of a Portugal D7 visa?

 

ü  Visa-free access to the entire Schengen area.

ü  Freedom to live, work, and study anywhere in Portugal.

ü  Tax benefits under NHR

ü  Quick visa processing

ü  Include family members in the application

ü  Access to a high-quality Portuguese healthcare system

 

Unlike the Portugal Goldenvisa, the D7 visa has a much lower fee, and it is cheaper to bring a spouse/partner than the golden visa pathway.

 

D7 Visa and residence permit requirements

 

To qualify for the D7 visa, you must:

 

·        Be a non-EU/EEE/or Swiss citizen

·        Have sufficient funds to support yourself during your stay in Portugal

·        Have good character and health

·        Be able to live for more than 183 consecutive days in Portugal

·        Show proof of accommodation in Portugal

·        Be willing to become a fiscal resident in Portugal.

 

What are the income requirements of a D7 visa?

Effective from December 2, 2022, all D7 applicants must show a minimum wage of €705 (earlier, it was €665), an increase of €40 per month.

 

The latest D7 Passive Income visa requirements for 2022 are:

 

·        Primary applicant – €8,460 a year.

·        Dependent adults – €4,230 a year each

·        Dependent children – €2,358 a year per child

 

What are the acceptable sources of Income for the Portugal D7 visa?

 

·        A retiree pension (as a Portugal retirement visa).

·        Annuity.

·        Rental property income.

·        Trust fund disbursement.

·        Dividends from shares.

·        Dividends from a business (that you don't actively manage).

·        Royalties.

·        Interest from savings.

·        Other regular investment income.

 

Are you planning to get a D7 visa? Are you wondering how to apply for a golden visa? If yes, we have got you covered. Our experienced migration consultants have years of experience handling and managing successful applications. Contact us today for your free counseling.