Get your Portuguese D7 VISA - Retire in Portugal easily

The minimum passive income for a D7 visa in Portugal is currently €9,120 per year for the main applicant. If you're applying with a spouse, you will need an additional 50% of the main applicant's amount, which is €4,560. From 2024, a single D7 applicant will need to show a monthly income of €820 and have €9,840 in savings due to an increase in the Portuguese minimum wage.

D7 visa holders are required to live in Portugal for at least 6 months per year without exiting the country. If there are gaps in your stay (like a short trip elsewhere), you should spend at least 8 months per year in Portugal. During the first year, you must spend at least 4 months in Portugal to meet the minimum stay requirement.

For a D7 visa in Portugal, the minimum bank balance requirement is not explicitly defined, but it is advisable to demonstrate financial stability through your bank statements. Some sources suggest having a balance that reflects at least 12 times the minimum monthly income level, which would be around €8,880. However, applicants are advised to maintain a higher balance to increase the likelihood of approval, with some sources suggesting a balance of €18,240 in a Portuguese bank account during the application period.

The income requirement for a retirement visa in Portugal, which often refers to the D7 visa, is a minimum passive income of €760 per month for an individual. This can come from pensions, rental income, or investments. If applying as a single person, it is also recommended to have more than the minimum savings requirement, which is suggested to be around €12,500 instead of the basic €7,500 to ensure approval.

The ease of obtaining a Portuguese visa, such as the D7, can vary based on individual circumstances. It generally requires proof of stable passive income, health insurance, and a clean criminal record. Applicants must also meet the stay requirement and maintain a Portuguese bank account with sufficient funds. If these conditions are met, the process can be straightforward, but it's not necessarily easy as it involves thorough documentation and adherence to the regulations.

Yes, Portugal allows dual citizenship. Individuals who obtain Portuguese citizenship do not have to renounce their previous nationality and are permitted to hold citizenship in more than one country. This applies to those who become Portuguese citizens through naturalization, marriage, or descent.

The D7 visa is initially issued as a temporary residency visa, which is valid for two years and is renewable for successive periods of three years. After five years of legal residency, you may apply for permanent residency or citizenship. It's important to meet the minimum stay requirements during this period to maintain the validity of the visa.

The D2 Visa, often referred to as the Entrepreneur or Startup Visa, is designed for entrepreneurs and business owners who intend to establish or expand their businesses in Portugal, as well as for self-employed professionals. In contrast, the D7 Visa, also known as the Passive Income Visa or Retirement Visa, caters to individuals with a stable passive income who wish to live in Portugal without engaging in any professional activity. Both visas can lead to permanent residency or citizenship after five years, but they serve different applicant profiles and have varying requirements.

To obtain permanent residency in Portugal, an individual must have lived in the country for five continuous years, holding a valid residence permit throughout. Applicants must also have a clean criminal record, show proof of stable income, and meet other legal requirements. After obtaining a permanent residency, individuals can apply for citizenship as long as they meet the naturalization requirements.

The Portugal Golden Visa, or ARI, requires a significant investment in the country and is available to non-EU/EEA/Swiss nationals. It generally requires a minimum investment of €250,000, which can be made through various channels like real estate, capital transfer, or creating jobs. Applicants must maintain their investment for five years and spend a minimum of 7 days in Portugal during the first year and 14 days in subsequent years to qualify for residency and eventually citizenship.

As a US citizen, to get a visa for Portugal, you would first decide on the type of visa you need, such as a D2, D7, or Golden Visa. You would then gather the necessary documents, such as proof of income, a clean criminal record, and health insurance. The application process involves submitting these documents to the Portuguese consulate or embassy in the US. The exact procedure can vary depending on the type of visa and individual circumstances, so it's advisable to consult the official Portuguese Immigration Service or an immigration lawyer for the most accurate guidance.

Holders of a D7 visa are considered tax residents in Portugal if they stay in the country for more than 183 days per year. As tax residents, they are subject to Portuguese income tax on their worldwide income. However, Portugal has a Non-Habitual Resident (NHR) tax regime that may offer reduced tax rates or exemptions on certain types of income for the first ten years of residency. It's important to consult with a tax professional to understand the full scope of tax obligations and benefits under the D7 visa.

Yes, you can purchase a house in Portugal with a D7 visa. There are no requirements for the minimum cost of the property you need to buy. What is essential is that you have a signed lease or sale agreement and documents confirming payments under the agreement to qualify for residency. Owning or renting property in Portugal is a part of the accommodation requirements for the D7 visa.

The D6 visa is primarily for family reunification and allows dependent children, spouses, and grandparents to relocate to Portugal with you. The D7 visa is for individuals with passive income wishing to reside in Portugal. For the D7, you must demonstrate sufficient income for yourself and any dependents. Both visas offer the path to permanent residency and citizenship after five years of uninterrupted living in Portugal. The D6 is often quicker to obtain, but the D7 offers the option for retirees and those with a passive income to move to Portugal.

Proof of sufficient funds in Portugal typically means showing bank statements with a steady balance. For the D7 visa, an applicant should demonstrate passive income requirements, which could also be satisfied by showing a stable bank balance. It is recommended to have a balance that reflects at least 12 times the minimum monthly income level, and in some cases, embassies may look for evidence of a higher balance to ensure that applicants have adequate support during their stay.

Holders of a D7 visa must spend at least 6 months per year in Portugal or 8 months with gaps for short trips. In terms of leaving Portugal, one should not be absent for more than 6 consecutive or 8 non-consecutive months during the validity of each temporary permit, except under justified circumstances.