Learn the eligibility criteria for a Portugal D7 visa.
Any non-EU resident looking to relocate to Portugal should consider the Portugal D7 Visa, often known as the Portugal Passive Income Visa. Also, they are widely used as a retirement visa for Portugal. You must show that you have enough passive income to support yourself in order to be eligible.
What type of visa is the D7?
- Non-EU/EEA/Swiss citizens can obtain a long-term residency permit in Portugal using the D7 Visa.
- It is a Passive Income Visa, therefore you must demonstrate that you have enough resources and a minimal passive income to support yourself while you are there.
- In order to provide you permission to live, work, and study in Portugal, the Portuguese government introduced the visa in 2007. It is an excellent alternative to a Portugal retirement visa for those wishing to retire in Portugal.
- It is a means of obtaining a Portuguese passport and citizenship after five years.
- Furthermore, it presents a chance to apply for Portugal's Non-Habitual Resident (NHR) tax residency status and pay no tax.
Who is eligible for a D7 visa?
- Non-EU, EEA, or Swiss nationals may apply for a Portugal passive income visa; there are no prohibited nations. Citizens of the EU, EEA, or Switzerland may live in Portugal without a visa, although they must register.
- The primary applicant's dependent family members are eligible for legal residency as well.
- Those who can afford the required financial obligations
- Those prepared to spend at least four to six months a year residing in Portugal.
- Those with no criminal records.
- The D7 can be used by retirees as a retirement visa.
Passive Income Requirements for Single Applicants
Candidates who are single must provide documentation proving they have a yearly passive income of at least €8,460 ($705 per month for singles).
Passive Income Requirements for Married Couples
When applying jointly for a D7 Visa, a dependent adult must have a minimum of 50% in passive income. For the dependent adult, an additional contribution of €352,5 per month is required. This equals $4,230 per year for your spouse. For you, your spouse, and any individuals who are dependent on you, you will therefore require a total of €12 690 each year.
Requirements for Children's Passive Income
A minimum of €211,5 per month or €2,538 per year in passive income is required for children under the age of 18. This sum represents roughly 30% of the total passive income required for the main application.
Passive income requirements for elderly parents
If applicants' parents are financially dependent, they may apply for residency based on that dependency. Applicants must provide for and house them entirely (that is, you or your spouse's parents must live with you). You can submit an application once you've moved and established yourself.
How Pelican Migration Consultants can assist you?
A D7 Visa is the most effective way to get residency in Portugal. You and your immediate family will also be able to travel within the Schengen area of Europe without requiring any additional visas thanks to a D7 Visa. As immigration regulations and laws are always changing and difficult to comprehend and follow, it is advisable to contact Portugal Immigration Consultants who can help and guide you through the procedure. To ensure that you present yourself to the Portugal Immigration Department in the best possible light, we offer customized one-on-one guidance. We support clients by calculating their odds of receiving a visa, helping them prepare for and receive feedback from interviews, and developing a unique immigration strategy plan for each client independently.
Pelican Migration Consultants offers our prospects a high chance of success with our organized approach. Since all of our immigration cases are handled by knowledgeable and experienced immigration consultants, you can count on us. Additionally, our professionals are qualified and fully comprehend the Portuguese immigration process. So, if you're prepared to move forward, why not contact us right away to schedule a private consultation?
Meta Description: Non-EU, EEA, or Swiss nationals may apply for a Portugal passive income visa; there are no prohibited nations. The goal is to draw wealthy foreigners to Portugal to help the country's economy.
