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Minimum Investment Amount:
-
Residency Timeframe:
4 - 6 Months
Visa-Free Access To:
Schengen Region
The Portugal D7 Visa Program offers a convenient and cost-effective route to Portuguese residency and eventual citizenship for those willing to spend a significant portion of the year in Portugal. Also known as the Passive Income Visa, this program is designed for financially independent individuals.
Non-EU citizens can apply for the D7 visa, which requires the purchase or rental of residential properties in Portugal and proof of a passive income of at least €760 per month. Successful applicants can obtain a residence permit with the right to work in Portugal and are required to spend a minimum of 183 days per year in the country. The D7 visa provides a flexible option for individuals looking to establish themselves and their families in Portugal, enjoying its vibrant culture, picturesque landscapes, and favourable living conditions.
Benefits of D7 Visa Portugal:
- Low cost: Obtain Portuguese residency without the need for a significant investment, only requiring housing and a monthly passive income requirements of at least €760.
- Visa-free travel: Enjoy visa-free access to the entire Schengen Area for up to 90 days within a six-month period.
- Work and business opportunities: Work legally and open businesses in Portugal with the acquired residence permit.
- Access to education and healthcare: Benefit from Portugal's quality education system and healthcare services for you and your family.
- Tax optimization: Become eligible for tax benefits, including the Non-habitual Resident (NHR) status, which offers favourable tax rates.
- Streamlined application process: Experience a convenient and potentially faster application process compared to other visa categories.
- Inclusion of family members: Extend the visa to include your spouse, children, parents, and even siblings.
- Path to Portuguese citizenship: Apply for permanent residency visa or citizenship after five years, granting access to Portuguese citizenship and the freedom to live and work in any EU country.
Portugal D7 Visa vs Golden Visa
Program
D7 Visa Program
Golden Visa Program
Key Offerings
- Quick and cost-effective route to residency and citizenship in Portugal.
- Suitable for financially independent individuals.
- Allows for work and business activities in Portugal
- Residency permit without physical presence in Portugal.
- Opportunity for eventual citizenship.
- Wide range of eligible investment options (real estate, capital transfer, job creation, etc.)
Cost
- Purchase or rental of residential properties in Portugal.
- Proof of passive income –
€760 per month
- Investment amount (minimum €280,000 in real estate or €350,000 in capital transfer)
- Variable additional costs (legal fees, due diligence, application processing fees, etc.)
Residency Maintenance Requirements
Residency maintenance requirement is a minimum of 183 days per year
Residency maintenance requirement is a minimum of 7 days in the first year and 14 days in subsequent periods
Cost of Portugal Passive Income (D7) Visa
The cost of the D7 visa varies based on the number of applicants and the type of real estate chosen (rented or purchased). If the applicant decides to purchase a property, additional expenses such as stamp duty and annual property tax may apply.
The D7 visa program allows the investor to purchase or rent a property in Portugal, with no specific limitations on cost or location, as long as it can accommodate the main applicant and their family. The minimum required passive income for the applicant is linked to the minimum salary in Portugal, which is currently €760 per month as of 2023. In case family members also apply for visas, the required income is 50% of the investor’s income for a spouse or parent, and 30% for a child. If you’re interested in alternative residency options, explore opportunities like UK residency by investment or Malta residency by investment.
| Family Member | Annual Passive Income |
|---|---|
|
Main Applicant |
€9,120 |
|
Spouse or Parent |
€4,560 |
|
Child |
€2,736 |
FAQ's about Portuguese D7 Visa
Can I apply for the Portugal D7 Visa if I am self-employed or own a business?
Yes, the D7 Visa is open to self-employed individuals and business owners who can demonstrate sufficient recurring income or savings.
Are there any specific language requirements for the D7 Visa?
There are no specific language requirements for the D7 Visa. However, having some knowledge of Portuguese can be beneficial for daily life and integration into the local community.
What documents do I need to provide as proof of passive income for the D7 Visa?
Acceptable documents to prove passive income may include bank statements, pension statements, rental income records, investment statements, or any other relevant financial documentation that demonstrates a recurring income of at least €760 per month.
Can I apply for the D7 Visa if I do not own property in Portugal?
Yes, it is possible to apply for the D7 Visa by renting a residential property in Portugal instead of owning one. Rental agreements and proof of payment may be required as part of the application process.
Is it necessary to open a bank account in Portugal for the D7 Visa application?
While it is not a strict requirement, having a Portuguese bank account can facilitate financial transactions and provide proof of financial stability during the visa application process.
Will I be eligible for Portuguese healthcare benefits with the D7 Visa?
D7 Visa holders are generally not eligible for Portuguese state healthcare benefits. However, it is advisable to obtain private health insurance to ensure adequate medical coverage during your stay in Portugal.
Can I apply for permanent residency or Portuguese citizenship through the D7 Visa Program?
Yes, the D7 Visa can lead to permanent residency in Portugal, and after five years of legal residency, it may be possible to apply for Portuguese citizenship, provided all requirements are met.
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