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Do you dream of a peaceful life in a beautiful country filled with rich culture and friendly people? Portugal might be your ideal destination!
This picturesque European country 🇵🇹 is a popular choice among retirees, especially those with a steady stream of passive income. It's easy to understand why its charm attracts so many!
With the Portuguese D7 Visa, passive incomers (aka retirees, property managers, investors) can enjoy a comfortable and stylish lifestyle. Let’s explore why Portugal is an excellent place to retire, what the D7 Visa offers, and how you can turn this dream into reality. 🌟
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Time for Application:
Financial Requirements:
🏠 Individuals with Real Estate Investments
The Portugal D7 Visa, also referred to as the Portugal Passive Income Visa or the Portugal Retirement Visa, offers legal Portuguese residency to non-EU/EEA/Swiss citizens seeking to relocate to Portugal. 😊
The Portugal D7 Visa is specifically designed for individuals who can demonstrate a stable passive income equivalent to at least the annual value of Portugal's minimum wage. This ensures that visa holders can sustain themselves financially without the need to seek employment in Portugal. 💼📈
Acceptable sources of passive income for this visa include pensions, rental incomes, dividends, and interest earnings. These sources allow for a comfortable lifestyle without active employment, making the D7 Visa an ideal option for retirees or those seeking a relaxed lifestyle in Portugal. 💰
The D7 visa allows you to enter Portugal and travel within the Schengen Area without the need for extra visas or duration limits as a tourist. This visa also allows you to bring family members with you, making the procedure smoother and faster. ✅
Another significant benefit of living in Portugal with a D7 visa is access to cheap Portuguese healthcare and education. Additionally, you will be eligible for Portuguese nationality after five years (together with any family members who joined you when you applied) or a permanent residency.
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Besides being a non-EU/EEA/Swiss citizen and a clean criminal record, you must prove a passive income and savings that fits the following sources ✅:
It depends on your application!
You must prove that you have savings according to your threshold (it can be more), and this value must be available in your Portuguese bank account, before your visa appointment. You'll also need to prove an annual income with this minimum threshold.
It also depends on your application!
You must prove that your annual income is at least equal to the minimum required. You must also prove that you have savings of the required amount.
You can bring:
Several documents will be required for a successful grant of your Portugal D7 visa. Some of these documents, such as the NIF Portugal, are Portuguese and required by the authorities before your arrival in Portugal.
Preparation is key to a successful D7 Visa application:
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What are the other steps for my D7 Visa?
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Follow these steps to apply for the D7 Visa 🫡:
⚠️ If you have any doubt regarding your documentation, you can hire our service for Visa Dossier Review with a hired lawyer that'll approve and indicate corrections to be made.
Ensure you have all necessary documents ✅:
At the moment, the fee is 90 euros per person, plus any administrative fee from local offices (it changes from office to office!) 💸.
Wait time varies from office to office. Some areas will have a short waiting time, only four weeks, others will take months. Check the estimated time at the office and plan accordingly. 😬
After submitting your application, there’s typically a wait time, which can extend for months. Use this period to prepare for your move, gather documents you'll need to present at your AIMA appointment, when you arrive in Portugal.
You'll need to present updated documents at your appointment 😬. Proof of income will need to cover the months prior to your appointment (therefore, at least one month after your visa); your criminal record may be outside of AIMA's required timeline (same as the visa - no more than 3 months old).
Add to that the fact that some offices may keep the documents provided at your visa interview, so be ready to re-issue some of them again before you head to Portugal.
⚠️ Make sure you cover your bases in your home country: leave a power of attorney in the name of a trusted person; bring copies of the main documents you may leave at home: birth and marriage certificates, house-owning titles, an extra copy of your POA, copies of vaccination cards, or anything else you may need at hand.
There are several reasons for that 😬. Most common are:
⚠️ If you need any clarification regarding the D7 visa application process, AnchorLess is here for you! We have a free-consultation service where you can clear up any doubt.
Once your visa is approved, it’s time to make the move 😊:
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Your D7 Visa will have a 120-day duration period, during which you'll have time to establish yourself in Portugal. Confirm you'll stay at your new home, register yourself with a Portuguese health insurance, establish finances, and become a tax resident (move your NIF address to your new home in Portugal). 😬
You must schedule your AIMA appointment during this 120-day period to convert your D7 visa into a residence authorization and provide the necessary documentation proving your settlement in Portugal and your ability to support yourself here in accordance with your visa requirements (values explained at the beginning of this article). 😊
Formerly known as 'SEF - Serviços de Estrangeiros e Fronteiras' (Immigration and Borders Service), AIMA, 'Agência para a Integração, Migrações e Asilo' (or Agency for Integration, Migration, and Asylum) is the office responsible for handling matters related to foreigners in Portugal, including their entrance, exit, and legalization. 😊
AIMA is a bit crowded. As a result, reaching them and scheduling your appointments may pose some difficulties. 😬
⚠️ Be prepared! You may need to make extensive calls, visit the AIMA website frequently, and pay close attention to any information about AIMA from various sources, especially their Facebook official page. Also join facebook groups, you'll find shared experience and tips to achieve success scheduling your appointment.
Prepare for and attend your AIMA appointment 🫡:
⚠️ For the criminal record, you'll need to translate and notarize it (even if it's in your mother tongue).
All set? Just wait for your residence permit to arrive at home! 😊
The AIMA fee for a residency card for a D7 visa is around 159 euros 💸.
Your first residency card will last two years 😊. Subsequent ones will have a longer expiration period.
Follow the same process of your first residency card in AIMA, with updated documentation, and check the table below to understand the duration period.
Duration since issue | Maximum time you can be outside of Portugal | Renewal period | Renovation qualification |
---|---|---|---|
2 years |
6 consecutive months, or; 8 non-consecutive months. |
End of 2nd Year | Residency card with 3 years duration |
3 years |
6 consecutive months, or; 8 non-consecutive months. |
End of 3rd Year (or 5th year in total) | Residency card with 3 years duration, Permanent residency card, or Portuguese Citizenship |
Only five years after your arrival in Portugal, with a D7 visa in Portugal, you can request Portuguese citizenship, allowing you to freely move between the EEA area, and live in any country within EU, EEA or Switzerland. 🇵🇹
Five consecutive years living in Portugal (or five non-consecutive in the past 15 years), A2 level in Portuguese, clean criminal record (in Portugal and previous countries that you may have lived).
Portugal’s D7 Visa offers foreigners a fantastic opportunity to enjoy a high quality of life in a beautiful and welcoming country. By understanding the requirements and preparing thoroughly, you can make the transition smoothly and start your new adventure in Portugal.
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AnchorLess is not a bank, accounting, tax, investment, or legal advisor. We serve as an intermediary, streamlining your access to accredited financial and legal professionals for your relocation in Europe.
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