D7 Visa Portugal is one of the residency programs that Portugal has been providing for foreigners since 2007. Citizens from outside the EU, EEA, and Switzerland can apply for D7.
You can benefit from the program if you have a regular passive income. Thus, it’s also called Passive Income Visa, or Retirement Visa.
Your D7 Visa provides you with the benefit of legal residence in Portugal with your family.
Let’s get to know about the program in detail.
D7 Visa Portugal in a Nutshell
Although it’s suitable for passive income holders, D7 Visa Portugal doesn’t restrict applicants from professional activity in Portugal.
To be eligible for the program, your yearly income must be €8,460. In addition, 50 percent of this is required for your spouse. An additional 30 percent is required for each of your dependent kids.
You may be getting passive income from
- Real estate
- Intellectual property, or
- Financial investment.
In all cases, you can be eligible to apply for the program.
It’s possible to apply for Portugal D7 Visa at the Portuguese consulate.
Besides all these benefits, you can travel in the Schengen zone without a visa requirement.
Portugal D7 Visa: Benefits
The program offers various advantages including family inclusion, mobility, and the potential of permanent residency.
Visiting Schengen Area Without Any Restriction
Holding a D7 Visa means you can visit Schengen countries without an additional visa requirement.
You Can Become a Tax Resident If You Want
The NHR (non-habitual residency) Program can benefit you in terms of taxes. It’s applicable for applicants who have not been tax residents in Portugal in the last five years. Thanks to NHR, your foreign income will be exempt from many taxes for 10 years.
You May Conduct Business in Portugal
You can start a professional activity in Portugal, and there’s no restriction to this.
Family Members Can Join
Eligible family members to get D7 Visa Portugal are:
- Spouses or partners
- Children under the age of 18. If single and student, children over the age of 18 can join as well. Disabled children can also be included. These can be your, your spouse’s/your partner’s children
- You minor siblings
- Your/your spouse’s/your partner’s dependent parents.
Opportunities For Healthcare and Education
Once you get a D7 Visa Portugal, you become a resident in Portugal. This means that you have access to the following:
- National Health Service
- National Education Service
- Vocational Schooling, and the
- Portuguese Law and Legal System.
Permanent Residency is Available
At the first step, you get a one-year residency right through D7. Then, you renew it every two years. At the end of five years residency, it’s possible to apply for permanent residency in Portugal.
If you want to become a Portuguese citizen, you can do this through naturalization. This means that you’ll need to pass a language test.
How To Become Eligible For D7 Visa
Portugal D7 Visa requirements are listed as follows:
- Having a clean criminal record
- Being a non-EU/EEA/Swiss citizen
- Proof of residence address in Portugal
- Holding sufficient funds to maintain your life in Portugal
- Spending at least 16 months in Portugal in the first two-year period. In addition, spending 28 months in the next three years is a must.
How To Apply For D7 Visa Portugal
- The first step is to get a Portuguese tax number, which is the NIF number
- Create a bank account in Portugal
- Prove your accommodation. You can do this by buying or renting a property in Portugal
- Prepare the necessary documents, then apply for an appointment with the Portuguese consulate
- Finally, you can enter Portugal through your Portugal D7 Visa. A four-months-residency will be available as the first step. You must apply for a residence permit during this time.
Usually, it takes around a month to get all your documents.
Costs of D7 Visa
The required fees coming with D7 Visa are:
- Application fee that differs between €50 and €300 for each applicant
- Additional fees like getting help from a professional
- Property costs like renting or purchase.
So, D7 Visa Portugal offers you and your family extended mobility and second residency rights. Apply today and don’t miss this opportunity anymore!