What is the Portugal D7 visa?
What is the Portugal D7 Visa? Also known as the Retirement or Passive Income Visa, the D7 Visa is a long-term residency visa that was introduced in 2007 and unlike the Portugal Golden Visa requires no investment. Along with retirees, this visa is suitable for some remote workers and digital nomads.
What is the difference between a D7 and a golden visa?
Pensions aren’t the only acceptable income type and increasingly the D7 is attracting more and more remote workers and people with other forms of income. . Typically faster approval time than the golden visa and it doesn’t require you to purchase a property or make a large investment in Portugal (although you may decide to do this anyway)
Why choose D7 visa for your residency application?
Whether you’re retiring or relocating as a remote worker, the team at D7 Visa can help make your residency application a breeze.
What are the documents required to apply for the D7 visa?
Among the documents, proof of passive income is one of the most important. Check below some of the mandatory documents to apply for the D7 Visa: Passport: Copy of the passport profile page. Proof of Passive Income: Documents that prove the monthly passive income.
Who is eligible for D7 visa?
Although the D7 visa is known as a Retirement Visa, anyone can apply for it. As long as you are above the age of 18, eligible, and meet the visa requirements, the program is open to you no matter your country of origin.
How long does it take to get a D7 visa?
Portugal D7 Visa Steps & Application Process: How to Get a D7 Visa. While the application process for the Portugal Golden Visa can take 9 to 12 months, you can get a Portugal D7 Visa in less than 4 months!
Can I work on a D7 visa?
The D7 visa has no restriction on working, either remotely or in Portugal. You have freedom of movement (visa-free access) in the SCHENGEN area and the 26 European Union Countries. It is a pathway to obtaining citizenship in Portugal or a permanent residence (PR) permit.
How long does a D7 visa last?
To qualify, you'll need to earn a minimum wage as determined by the Portuguese Government. The residence permit granted through the D7 Visa can then be renewed after one year for two successive periods of two years and can be converted into a permanent residence permit after five years.
Can I get a job in Portugal with a D7 visa?
The law applies to citizens of countries that are not members of the EU who get a stable high income from any kind of property abroad. The Portugal D7 visa does not give the right to work in Portugal officially, but if the applicant later obtains a residence permit, this restriction will be lifted.
How much bank balance is required for Portugal visa?
For Indian nationals to enter Portugal, you need to show you have at least €40 per day when applying for a Portugal Visa. Each time you enter Portugal's territory you must have funds of €75.
How long do you have to stay in Portugal with a D7 visa?
30 monthsThe Minimum Stay Requirements for the D7 Visa Portugal The permanent residence that the D7 provides, requires you to stay a minimum of 30 months during each 5-year period. If you are absent for 25 consecutive months, your residence permit might be invalidated.
How much money do you need to immigrate to Portugal?
How much money do you need to immigrate to Portugal? The government usually makes it easy for Americans to obtain residency. Usually, you'll start by getting a visa for residence purposes which is valid for 120 days. For that visa, you need paperwork proving that you have at least $1,070 per month.
Can I use savings for D7 visa?
For those willing to physically spend most of the year in Portugal, the D7 visa offers a relatively quick, low-cost route to residency – and eventual citizenship – in Portugal. As an independent means visa, the D7 requires no investment but, rather, that the applicant demonstrate sufficient recurring income or savings.
Do you pay tax with a D7 visa in Portugal?
Tax Benefits with the D7 Visa You are entitled to take advantage of Portugal's Non-Habitual Resident (NHR) Tax Regime if you have a D7 Residency Visa. The NHR is a generous tax program with benefits based on your total income. It offers tax-free incentives (or reduced tax rates) for some groups for up to 10 years.
How many times can you leave Portugal on a D7 visa?
The D7 visa is a residence visa that is intended to enable the holder to obtain a residence permit in Portugal. In this context, the visa is valid for two entries and entitles the holder to remain in Portugal for a period of 4 months.
Do I need a Portuguese bank account for D7 visa?
Opening a bank account in Portugal is an essential step in your residency process. No matter whether you're applying for a Golden Visa or D7 Visa, you'll need an account at a Portuguese bank.
Is Portugal golden visa worth it?
The Portugal Golden Visa is one of the best know and most popular in the world. Portugal's residency by investment program is well managed, transparent, and offers a clear path to European citizenship by investment.
What is D7 passive income?
The D7 visa (Passive Income Visa) is an affordable temporary residence card that allows anyone who can demonstrate financial self-sufficiency, either through stable, recurring income or through having a specific amount of savings, to reside in Portugal.
What is the Portugal D7 Visa?
The D7 Visa is an immigration permit allowing you to enter Portugal in order to apply for a residence permit, provided you have enough funds to sus...
How can I apply for the Visa D7?
In order to apply for the D7 Visa, you will need to launch a D7 visa application at your home country’s Portuguese Consulate. Once you receive a te...
What are Portugal D7 visa income requirements?
In order to get the D7 visa, applicants will need to prove that they have enough funds for 12 months: €8.460 for the first adult, €4.230 for second...
Can I benefit from the Portuguese healthcare system with a Portugal D7 Visa?
Once your residence permit has been approved by SEF, you will be considered a Portuguese resident. You can therefore benefit from the Portuguese he...
What are the Portugal residency visa requirements for the Portugal D7 visa?
In order to acquire the Portugal D7 visa, you need to be a non-EU national, live off your own passive income, have sufficient funds to support your...
Is Portugal a good place for retirement?
Portugal is indeed an excellent destination for retirees. Not only is it a safe and stable country, but the climate, friendly people, and high stan...
Is Portugal expensive?
No Portugal is by no means considered an expensive country. In the more urban areas of Portugal, it’s possible to live comfortably on €1,300 a mont...
Can I become a Portuguese Citizen with a D7 visa?
While a D7 Visa doesn’t automatically grant you Portuguese citizenship, it does enable you to procure Portuguese residency. In Portugal, all Portug...
What is the D7 Visa?
The Portuguese government introduced a special visa type in 2007, known as the D7 Visa, the Retirement Visa , or Passive Income Visa. This residency visa permits any non-EU/EEA or Swiss citizen to apply for residency in Portugal, provided that they have a reasonable passive income.
How long does a D7 visa last?
Apply in your home country for a temporary D7 Visa (which lasts for four months)
How long is a D7 visa valid in Portugal?
This temporary visa is valid for a period of four months from its issuance date.
How long does it take to get a D7 visa?
Obtaining the D7 Residency Visa will depend on where you are applying from in Portugal. Getting an appointment with SEF can take up to 120 days if you reside in Lisbon or Porto.
How to get a D7 visa in Portugal?
In order to acquire the Portugal D7 visa, you need to be a non-EU national, have sufficient funds to support yourself during your stay in Portugal, and hold a clean criminal record.
How long does it take to get a residence card in Portugal?
Once the SEF has collected your documents and biometric data, it will take them about three weeks to send your residence card to your Portuguese address.
Where to apply for a D7 visa?
In order to apply for the Visa D7 you will need to launch a D7 visa application in your home country’s Portuguese embassy. Once you receive a temporary D7 visa, you will have to travel to Portugal and get an appointment with SEF who will grant you a D7 Residency Visa.
Who Can Apply For The D7 Visa?
Although the D7 visa is known as a Retirement Visa, anyone can apply for it. As long as you are above the age of 18, eligible, and meet the visa requirements, the program is open to you no matter your country of origin.
What Are The Required Documents For The D7 Visa Application Process?
For your Portugal D7 Visa, you'll need to submit the following documents (which will be explained in detail):
How To Get A Portugal D7 Visa?
The D7 Visa application process can get complicated and tedious. Like all visa applications, the Portugal D7 Visa comes with some uncertainty. "Do I have the correct documents?", "What are the next steps?".
When Should I Start My Portugal D7 Visa Application?
The earliest you can apply for a D7 visa is 6 months before your planned departure to Portugal. This is because FBI background checks required for the D7 visa are only valid for 6 months. We recommend applying as early as possible as this will leave you enough time to gather all the required visa documents and get familiar with the application process.
How Long Does It Take To Complete The Entire Portugal D7 Visa Application Process?
You'll first need to apply for your Portugal Residence Visa within your home country. The processing time for the Portugal Residence Visa is generally around 60 days depending on your application. This does not include the time it takes to gather all the required documents or correct any mistakes you may have made during the application process (incorrect information on the visa application form or missing documents).
What Are The Benefits Of A Portugal D7 Visa?
Visa-free travel to the entire Schengen area for up to 90 days out of every 180 days.
Can I Use My Savings For The Portugal D7 Visa?
Yes, you can use your savings for your Portugal D7 Visa. You can use a combination of savings, income, and investments. Keep in mind that it would be beneficial to your application if you can prove that you have monthly recurring income.
What is a D7 visa?
As mentioned, the D7 Visa is intended for citizens who have periodic passive income and, therefore, probably won’t need to perform a profession activity in Portugal (to have financial means to live in this country), precisely because they already have their source of income.
What is the first question asked when talking about D7 visa?
When talking about D7 Visa with our clients, one of the first questions that come up is related to taxation.
Where to get a visa for Portugal?
The initial procedure for obtaining a visa usually takes place at the Consulate of Portugal in your country of residence. The Consulate will make a prior analysis of the documents that you submitted. If they meet the requirements, the visa will be issued.
Where is Viv Europe located?
Since Viv Europe is headquartered in Braga (and with branches throughout the national territory), these activities can be carried out by this company.
Is a Portuguese resident permit a dream?
Due to these benefits, the Portuguese Resident Permit has become even more popular in recent years and turned into a “consumer dream” for many citizens outside Europe.
What is the D7 visa?
Portugal offers foreigners a visa called the D7 Visa. It’s also known as the passive income visa.
How long is a D7 visa valid?
As a first step, it is valid for two entries and grants you the right to stay in Portugal for a period of four months.
How long is a residence permit valid in Portugal?
When SEF approves your residency permit, you will receive a residence card which is valid for two years. After this period, you can renew it every two years. Finally, you can apply for a permanent residence permit in Portugal at the end of five years.
How to get a Portuguese visa?
First, you must go to the Portuguese consulate or embassy in your home country. You need to apply for a visa there. The related authorities will issue the initial visa. Along with proof of income and a clean criminal record, you need a Portuguese bank account, as well as proof of long-term accommodation in Portugal.
What is a residence permit in Portugal?
The holder of a residence permit is entitled to include members of his family living with them in another country. The members need to depend on or cohabit with the applicant. It is regardless of whether the family ties were before or after the resident’s entry into Portugal.
What is a golden visa in Portugal?
Portugal Golden Visa grants you the right to live, work, and study in Portugal. With a Golden Visa, you can travel visa-free across the European Schengen countries.
How long do you have to stay in Portugal for a D7 visa?
As mentioned above, the D7 Visa requires you to stay in Portugal for at least half of the year. In addition, you need to have a home, either rented or your own. So, you need to become a tax resident in Portugal.
How long does it take to get a D7 visa?
6 months of bank statements. Savings. Background checks in some countries, including the US, can take several months, however, it is possible to pay an additional fee to expedite it. Yes, you apply for your D7 Visa in your home country but the application requires you to have rented or bought a place in Portugal.
What is the difference between a D7 and a Golden Visa?
The main advantage of the D7 over the Golden Visa is cost. Although there are costs involved with the D7, it typically works out cheaper than the Golden Visa as, besides the investment cost, the Golden Visa comes with government fees of around €5,000.
What is the advantage of a golden visa?
The main advantage of the Golden Visa over the D7 is flexibility . Portugal’s Golden Visa scheme only requires you to spend an average of 7 days in Portugal per year. It also grants you a 5-year residency permit rather than having to first apply for a visa, then a residence permit, then to renew the residence permit.
How long is a Portuguese passport valid?
Normally it is valid for 1 year at a time, but it’s sometimes given in 2-year blocks. Normally, the first permit is for 1 year and the following 2 renewals are for 2 year periods. After 5 years of living in Portugal, you would be eligible to apply for permanent residency and also, should you wish, Portuguese citizenship.
What is considered passive income for D7?
Accepted forms of income. Those with a passive income (e.g. income from rental properties, a pension, or income from investments, dividends, or royalties) seem to have a slightly easier time getting approved for the D7, but many freelancers and employees with a remote job have been successful too.
Why is the D7 so attractive?
The D7 is enticing because it’s so attainable. It’s aimed at those that have an income (e.g. a pension or a salary from a remote job) that’s above the Portuguese minimum wage, which is around €665 per month or €7,980, which many people reading this will have.
Does Portugal have a visa?
Portugal has a number of attractive visas and schemes that are designed to entice people from outside of the EU, particularly affluent or self-sufficient people, to Portugal. The most famous two are probably the golden visa and the non habitual residency (NHR) tax incentive, but equally enticing for many is the D7 visa.
