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.
