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Passive Income Visa
The D7 visa is an excellent option for foreigners looking to live in Portugal, particularly for retirees and those with passive income. This visa allows beneficiaries to reside legally in the country, provided they can demonstrate sufficient financial means to support themselves. To apply for the D7 visa, applicants must present documents proving the origin of their income, such as pensions, rental income, or other assets. Additionally, the applicant must show that they have valid health insurance in Portugal, ensuring access to medical care.
One of the significant attractions of the D7 visa is the possibility of applying for permanent residency after 5 years of residence. This provides greater stability for those looking to settle in Portugal long-term. The application process can be carried out directly at a Portuguese embassy or consulate in the applicant's home country, with costs varying depending on the location. Essential documents include a valid passport, proof of accommodation, and evidence that the applicant has adequate financial means.
Portugal is known for its quality of life, mild climate, and rich culture, making it an increasingly popular destination among expatriates. The D7 visa not only facilitates the transition to this European country but also opens doors to further opportunities, such as obtaining Portuguese citizenship after several years of residency. For those considering living in Portugal, the D7 visa represents a valuable opportunity to integrate into one of the most welcoming nations in Europe, enjoying all that the country has to offer.
One of the significant attractions of the D7 visa is the possibility of applying for permanent residency after 5 years of residence. This provides greater stability for those looking to settle in Portugal long-term. The application process can be carried out directly at a Portuguese embassy or consulate in the applicant's home country, with costs varying depending on the location. Essential documents include a valid passport, proof of accommodation, and evidence that the applicant has adequate financial means.
Portugal is known for its quality of life, mild climate, and rich culture, making it an increasingly popular destination among expatriates. The D7 visa not only facilitates the transition to this European country but also opens doors to further opportunities, such as obtaining Portuguese citizenship after several years of residency. For those considering living in Portugal, the D7 visa represents a valuable opportunity to integrate into one of the most welcoming nations in Europe, enjoying all that the country has to offer.
Main Requirements:
- Remote passive income minimum 870€ per month
- 10,440€ in savings
- Buy or rent house in Portugal
- 10,440€ in savings
- Buy or rent house in Portugal
Who is this Visa for?
- Non-EU and non-EEA citizen that can demostrate a remote passive income of at least 870€ per month
- Over 18 years
- No Criminal Record
- Foreign passive income
- Over 18 years
- No Criminal Record
- Foreign passive income
Can I work in Portugal with a D7 visa?
Yes, D7 holders receive permits in Portugal which allow them to work and run business in the country.
How does it work?
The initial D7 visa, used for entry, is valid for 4 months. During this period, the visa holder is required to arrive in Portugal and submit documents for a residence permit.
The residence card is valid for 2 years and extendable for 3 years.
Residents under this permit need not to leave Portugal for more than 6 months in a row or 8 months in total during the PR validity period.
The residence card is valid for 2 years and extendable for 3 years.
Residents under this permit need not to leave Portugal for more than 6 months in a row or 8 months in total during the PR validity period.
The Application Proceedure
1
Collection and organization of all necessary documentation; Get a NIF and open a bank account
2
Rent or buy a house
3
Application Submission
4
The Portuguese consulate will request a binding opinion from the Portuguese Immigration and Borders Entity (AIMA). In aproximately 60 days they will give a final answer.
5
The local consulate will stamp a temporary D7 visa on the applicants passport
6
The applicant travels to Portugal under the D7 temporary visa and waits for the final visit to the immigration department to convert the temporary visa to a final D8 residence visa.
7
After this appointment, the Residence Visa card is mailed to the Address of the applicant
Family Reunification
Members of the family of the holder of the residence permit obtained via a D7 visa are also entitled to a residence permit, based on family reunification statute. For this VISA are elligible spouses, children and financially dependent parents.
To add family members to the visa application you must show additional:
- 246€ montlhy income and 3132€ per child;
- 410€ montlhy income and 5220€ in savins per adult
To add family members to the visa application you must show additional:
- 246€ montlhy income and 3132€ per child;
- 410€ montlhy income and 5220€ in savins per adult
Contact us
R João Infante, 104 Rc A 2750-384
Cascais, Portugal
Cascais, Portugal