This popular residency program includes the option to become a non-habitual resident (and reap the aforementioned tax benefit), as well as the ability to actually work while there, whether it’s living life as a digital nomad or being employed at a Portuguese-run business. It even allows access to the country’s extensive healthcare system. The visa is valid for two years, and then can be renewed for three more. Five years in, you can apply for permanent citizenship.
Another great option for both retirees and semi-retirees is Portugal’s D7 Passive Income Visa
What is it ?
D7 visa can be requested by foreigners living of a recognized stable income, such as movable property, real estate, intellectual property or financial investments, this includes freelance work as long as you can prove you have stable income.
Portuguese legislation provides for a special visa, that allows foreigner citizens, who wish to reside in Portugal, the entrance to the country in order to obtain a residence permit, provided that they can prove to have sufficient income to provide them with means of livelihood.
How to Obtain It
This visa must be required at the Portuguese consulate for your place of residency, as they hold the legal power to grant the D7 visa. The deadline for the decision on the visa application is 60 days.
Said consular service must request a legal binding opinion from the Portuguese Immigration and Borders Police (SEF), which must issue it within 20 days.
What it grants
The D7 visa is a residence visa initially enables the holder to obtain a residence permit in Portugal. In this context, the visa is valid for two entries and entitles the holder to remain in Portugal for a period of 4 months.
Subsequently the D7 visa enables the respective holder to obtain a residence permit in Portugal for a period of one year, which can then be renewed for successive periods of 2 years and can be converted into a permanent residence permit after 5 years.
What about family’s members ?
Members of the family of the holder of the residence permit obtained via a D7 visa are also entitled to a residence permit, based on family reunification statute, this includes
- Legal Spouse
- Children with less than 18 years of age
- Or under 26, single with no income and undergoing higher education.
- Parents of either spouse over 66 years of age
- Siblings of either spouse if under 18 and you our your spouse are the legal guardians
Whith this Visa you are entitled to:
- Access to the National Health Service care;
- Acess to the Portuguese National Education Service and schools;
- Exercise of any work activity as an independent professional;
- Acess to Portuguese Vocational schooling, initial and further professional training and retraining;
- Access and protection from the Portuguese Law and legal system.
If you want to become a resident of EU member state contact your programe advisor for Portugal