The D7 Visa is a perfect opportunity for those wishing to live in Portugal and obtain European citizenship. Portugal is a highly desirable European country due to its friendly natives, beautiful weather, low cost of living, and welcoming culture.
Additionally, those with residency cards and who meet Portugal’s residency requirements can apply for Portuguese citizenship in a shorter period than most other European countries.
The D7 Visa, which is also known as the Passive Income Visa, is intended to attract individuals who can sustain themselves financially and contribute to Portugal’s economy.
The D7 Visa and subsequent D7 residency permit are the ideal solution for this.
Here Is What It Takes To Receive A D7 Visa Portugal And D7 Residency Permit:
- Meet Minimal Passive Income requirements
- No criminality
- NIF Number (Portuguese Tax Number)
- Bank Account in Portugal
- Arranged accommodation
- Full Health Coverage
1. Minimal Passive Income requirements
The D7 Visa, which is also referred to as a Passive Income Residency Visa, is suitable for retirees who have a fixed minimum pension amount or those who have a reliable and steady passive income from various sources such as:
- financial investments
- real estate rentals
- business dividends
- royalties etc.
2. No Criminality
When applying for a D7 Visa, it is mandatory for the applicant and their family members to provide proof of a clear criminal record that has been obtained within three months before submitting the visa application.
3. NIF Number (Portuguese Tax Number)
When applying for a D7 Visa, the applicant is obligated to provide their NIF (Portuguese Tax Number) at the time of submitting the visa application.
4. Bank Account in Portugal
When applying for a D7 Visa, the applicant must present evidence of their Portuguese bank account during the visa application process.
5. Arranged accommodation
One of the required documents on the checklist for a D7 Visa application is proof of arranged accommodation in Portugal, such as a lease agreement for a real estate property.
6. Full Health Coverage
The Portuguese government has a list of approved insurance companies, and D7 Visa Applicants are required to obtain medical insurance from one of these companies. The applicant must provide a copy of the insurance policy as part of the D7 Visa application.
What Will You Be Entitled To In Portugal After Receiving D7 Visa Portugal and D7 Residency Permit?
- The right to reside in Portugal
- Access to the National Health Service
- Access to the Portuguese National Education Service and schools
- Protection of the law and the Portuguese legal system
- You will be able to benefit from Non-Habitual Residents Tax Regime (NHR)
Who can you take with you to Portugal from your family members?
You can bring the following family members with you to Portugal:
- your partner and dependent children
- your parents
- your minor siblings are eligible for a joint application. Ask us for more details on this.
What will you receive together with D7 Residence Permit?
- Ability to travel the entire Schengen area as if you were a European Citizen.
- Your initial Residence Permit will be issued for 2 years.
- Provided you live in Portugal for 183 days a year, the Residence Permit will be extended continuously for a three-year period.
- Access to National Health Service.
- Access to the Portuguese National Education Service and schools.
- You will benefit from the Non-Habitual Residents Tax Regime (NHR).
- You will be on the path to Portuguese citizenship.