In 2007, the Portuguese government created a unique category of visas known as the D7 Visa, often the Retirement Visa or the Passive Income Visa. Any non-EU/EEA or non-Swiss national may apply for residency in Portugal with this residency visa so long as they have a respectable passive income.

The D7 Visa is a reasonably priced and alluring Portugal immigration visa that enables non-EU nationals to get Portuguese residency, provided they have enough money to support themselves in Portugal.

Apply for the D7 Passive Income Visa with Globalogy’s help. Let our experts make the process easier for you. Fill out the form to contact us.

D7 Visa Portugal 2023 eligibility criteria

The following criteria apply to D7 Visas for Portugal. You need to

 

• • Being a non-EU citizen.

• • Earn a passive income of at least €760 per month (this income can come from pensions, transferrable equity, rental income, capital gains, or financial equity).

• • A place to live in Portugal must be proven.

• • Has a spotless criminal history.

Step-by-Step Instructions on How to Apply

 

• • Step 1: Compile all of your supporting documentation and complete the application.

• • Step 2: Submit Your Visa Request

• • Step 3: Obtain a D7 visa

• • Step 4: Travel to Portugal in order to make your SEF appointment.

• • Step 5: Show up for your SEF appointment.

• • Step 6: Get a residency permit in Portugal.

Documents needed to apply for the Portugal D7 Visa

 

• • A D7 visa application form

• • A valid passport

• • Two passport-sized photographs

• • Evidence of Passive Income

• • Evidence of suitable housing (12-month lease agreement)

• • Background check for criminal history

• • Valid travel insurance that includes medical coverage

• • Bank statement for six months

Benefits of the Portuguese residency authorization issued with the D7 visa

Those who are granted a D7 Visa may benefit from the following:

 

• • The privilege of residing, working, or studying in Portugal

• • Dependent parents and children are permitted applicants.

• • Visa-free travel is available throughout the 26-country Schengen Area of Europe.

• • Possibility of working or starting a business in Portugal.

• • Application for Non-Habitual Resident (NHR) tax status in Portugal.

• • After five years, eligibility for Portugal citizenship or indefinite resident status.

• • Rights to Portuguese residency, including access to healthcare and education

Tax Benefit

You are eligible to take advantage of Portugal’s Non-Habitual Tax (NHR) Regime if you have a residence card. The NHR is a generous tax policy that offers lots of advantages for your overall income. If you register with a Portugal address, it gives tax-free advantages on specific categories for a period of up to ten years.

Income categories that are acceptable under the NHR program:

 

• • Dividends

• • Property income

• • Gains from the sale of real estate that are capitalized

• • Workplace pensions

• • Royalties

• • Individual income tax

• • Profits from businesses and self-employment that result from legally permissible jobs (but keep in mind any applicable double taxation agreements)

Conclusion

A fantastic opportunity to live in one of Europe’s most lovely nations while having financial independence is provided by the Portugal Passive Income (D7) Visa. You are ready to embark on your adventure to Portugal and start a new life with the appropriate planning and paperwork. Investigate your options, begin the application procedure, and before long, you may enjoy a glass of Portuguese wine on a sunny terrace while admiring the fantastic nation’s stunning surroundings.

More details about national visas, general information, and visa types in Portugal Visa? Visit their main link.

Fill out this form to apply for a visa in Portugal: Check the link.

Apply for the D7 Passive Income Visa with Globalogy’s help. Let our experts make the process easier for you. Fill out the form to contact us