How to obtain the Portugal Golden Visa?

 

Now get to stay in Portugal for any 7 days in a year and obtain the Prized Permanent residency. Commencing from 1st Jan 2022, the new year ushers you Portugal PR with Investment as low as 500K Euros. Living in the European cultural area of Portugal for only 7 days, brings you all the advantages of a permanent resident post accomplishment of 5 years which is why you must apply for the Portugal Golden Visa.

With this Portugal golden visa program what you get is that you get an experience of a constructive tax structure also known as Non-Habitual Residents (NHR) regime, which also means that as a Portugal Golden visa getter you shall not be subject to no liability of income tax.

As a holder of Portugal golden visa program you are awarded with a Visa- free entry to Portugal or travel across Europe also known as the Schengen Area. Not to forget as an applicant of this Portugal Golden Visa you gain the Prospective to stay and work in Portugal with the aptitude to maintain residency in an additional country.

What more this visa helps you come closer to family and relatives as well as those you hold dear. Even they can get their permanent residency in Portugal in the long run. On how to get golden visa Portugal you as a potential candidate should be at least of an age of 18 years.

Not only this, you should be able to as a Portugal Golden Visa be able to make investment in a property or Real Estate €280,000 which is equivalent to Indian INR 2.6 Cr. Also, as a future businessman in Portugal, you should have the potential to generate 10 permanent jobs as well as create a capital transfer whose minimum investment comes to €250,000 which equals to Indian INR 2.2 Cr for your information. Want a much more detailed picture on how to get golden visa? Just ask our visa representatives by calling them 8595338595 or mail us at web@businessimmigriationvisas.com

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.