D7 Visa Portugal is one of the visa types that allows foreigners to get residency in Portugal. Also called Passive Income Visa, it’s been in use since 2007.
Nationals from outside of the EU and EEA (and Switzerland) can apply for this visa. Additionally, they must have a regular income such as a pension or real estate income.
D7 Visa in Short
- Portugal introduced the D7 Visa to improve its economy
- The yearly income to be eligible for the visa is €8,460
- Family members can also get their D7 Visa Portugal
- You can freely visit the Schengen Area, and conduct business in Portugal without any restriction.
How To Apply For Portugal D7
- Obtaining a NIF number is the very first step. This is your Portuguese tax number
- After getting the NIF number, you’ll create a bank account in Portugal
- Then, you need to demonstrate an accommodation by either buying or renting a property in Portugal
- At this step, you need to collect the necessary documents and apply for an appointment with the Portuguese consulate in your region
- Finally, you can enter the country with your Portugal D7. You can stay in the country for up to four months then. During this period, you must apply for a residence permit.
Advantages of Getting Portugal D7
You can benefit from Portugal D7 in various ways. Find them below.
Becoming a Tax Resident Is an Option
The non-habitual resident program (NHR) offers residents to become tax residents. In this way, your income from abroad will be subject to little or no taxes for 10 years.
D7 Provides Permanent Residency
D7 Visa Portugal provides you with an initial one-year residency. It will be renewed every two years. After five years, you can apply for permanent residency. You can also enter a language test and apply for citizenship.
You Have Access to Healthcare and Education Rights
The following benefits apply once you become a resident in Portugal:
- National Health Service
- Vocational Schooling and the National Education Service
- Portuguese Law and Legal System
Family Members Can Join
You can request the inclusion of family members in the D7 Visa program. You can include:
- Your spouse or partner
- Your children under the age of 18. Disabled children of yours and/or your spouse/partner can also be included. If the children are over 18 but single and students, they can also join
- You minor siblings
- Both your and your spouse/partner’s dependent parents.
Portugal D7 Visa requirements are as follows:
- Holding a clean criminal record
- Being a non-EU/EEA/Swiss citizen
- Proving a residence address in Portugal
- Holding the necessary funds to maintain yourself in Portugal
- Spending at least 16 months in Portugal, in the first 2-year period. Spending 28 months in the next three years is also a must. Absence for a duration of six successive months may end up with termination of your permit.
Requirements For Permanent Visa
You must stay for a minimum of 30 months in Portugal throughout each five-year period. If you’re absent for 25 successive months, your residence permit may become invalidated.
What Is The Cost of Portugal D7 Visa?
The necessary fees while applying for D7 Visa is as follows:
- Application fee: For each applicant, from €50 to €300.
- Additional fees such as consulting a professional
- Expenses such as renting and purchasing
In short, D7 Visa Portugal is an alternative route for individuals looking for residency in Europe. Considering the quality of life and several opportunities in Portugal, you don’t need much hesitation!