Do you know? That d7 visa Portugal is an easy pathway for residency and to the citizenship. So, you along with family can move to Portugal if you have a passive income.
This d7 residency visa allows foreigners to stay legally in the Portugal and visa free entry to 27 European countries within Schengen zone.
Undoubtedly, for prosper & quality-of-life, Portugal has been a leading destination for the foreigners seeking a permanent status within the Europe. Since 2007, when Portuguese immigration introduced the d7 visa category, it’s gaining rapid popularity worldwide.
As a result, many people name it a passive income visa or a retirement visa. Therefore, I have tailored this article to explain Portugal’s d7 requirements and its real concept.
Who can apply for d7 visa Portugal?
The passive income visa is one of Portugal’s national visas and there are many categories and sub-categories of national visas. Often, people mix it up and could not understand the concept & eligibility for the d7 residency visa to move Europe. So the below are some eligibility factors:
- You must have regular passive income or fixed income.
- Be a non-EU citizen.
- You may be a pensioner.
- Have movable/immovable asset (s) & getting a specific income.
- You may be a retired person.
- Candidate, his/her spouse & children under 18 are also eligible.
- You may have a rental income.
- Getting royalty against intellectual property.
- You may have stable income through bank/financial deposit.
- Have enough funds to manage expense in Portugal.
In short, if you are receiving a certain amount of money with no physical activity, you may be eligible for a Portuguese D-Seven visa.
Fortunately, there is no investment requirement for obtaining a Portuguese residency visa. However, the candidate has to prove that he has enough funds to cover all the expenses in Portugal at least for 1-year. Such as,
- Single Applicant
€665 per month or €7,980 per/year.
- Application’s spouse
€333 per month or €3,996 per/year.
- Applicant’s children
€2400 /year or monthly €200 per/child.
- Total cost for a family (3-members)
€1198 monthly or €14376/year.
As I pointed out earlier, the biggest advantage of a Portuguese D-Seven visa is that it gives you a way to stay permanently in Portugal. So when you get a residency, you get almost the same rights and benefits that Portuguese citizens have.
Duration of stay/Residency/Citizenship
Portugal D-Seven visas issue to successful candidates under National Visa Category for the initial 4 months period with double entry facility.
In addition, upon arrival in Portugal, you can apply for a residency permit card which allows to stay there for 2 years and then can be re-issue for 3 years. So, anyone been a Portuguese resident for 5-years, may qualify for the Portuguese citizenship.
Portuguese Residency: Advantages
Usually, the d7 visa holders and their families apply for the resident permit in Portugal to extend their legal stay there. After becoming a legal resident in Portugal, you can enjoy the benefits such as,
- May work, study or business in Portugal.
- Family reunification (bring your family to Portugal).
- National Health-care facility.
- Protection under Portuguese legal system.
- Access to Portuguese Education & schooling. Also,
Become a part of the tax program NHR (non-habitual resident), enjoy tax exemptions, or pay minimum taxes there.
Visa Free Entry
Portugal D7 visa holders also have the great advantage of being able to get visa-free entry to Schengen countries in Europe. For example, the countries you can travel to include 27 states, including France, Germany, Italy, Denmark, Norway, Greece and more.
Candidates wishing to apply for a Portuguese passive income d7 visa usually require these documents:
- National visa application form,
- 2 recent photos (passport size),
- Passport / travel document,
- Proof of legal residence,
- Travel medical insurance (original),
- Income documents,
- Bank statement (last 6 months), also
- PCC (police clearance certificate).
Further, candidates may require some extra documents depending upon their citizenship or country of residence.
Process to apply d7 visa for Portugal?
Gather all compulsory documents and fill out d7 visa application form. Next, contact to Portuguese consulate, embassy or a visa application centre in your country of resident.
Next step is to book an appointment with visa application receiving authority to submit your documents. Usually, the maximum processing time is 60-days for Portuguese D-seven visa.
Thus, if they approve your visa application, you will get a 4-month visa with 2 entries and that is enough time to apply Portuguese residence card.
Portugal’s d7 visa fee is 90 euros in many countries. However, 2-years residence permit in Portugal may cost roughly 400 euros.
What is the living expense in Portugal?
In fact, cost of living in Portugal depends on your lifestyle. Often, most of the foreigners choose Lisbon (capital city of Portugal) to live.
So, the living cost in Portugal may be 775.8 Euros per month because it is the minimum salary there. Also, the minimum wage in Portugal is 665 euros per month.
Thus, one can manage his/her living expense in a salary or any income if meeting the minimum salary criteria.
In fact, d7 visa for Portugal is a residency pathway for non-EU foreigners those having fixed income or passive income. It is also popular as residency, retiree & passive income visa.
So, anyone who have a stable income of Euros 7,980/year and meets the eligibility criteria can apply for Portuguese D7 visa.
The basic requirement for a Portugal D-Seven visa is a fixed income, meaning you should not depend on any salary. However, if you apply for a residency in Portugal after obtaining this visa, then you are eligible to work, business or study there.
When you complete the D7 visa application form and submit your application with all the required documents to the Portuguese Embassy or Visa Center, the process is usually completed within 2 months (60 days).
In addition, the embassy may call the applicant for an interview if it deems necessary. So all this process takes a lot of time.
D7 is a sub-category of Portugal’s national visa, so usually D visa fee is Euros 90 for a single applicant. So, in your local currency Portugal d7 visa may cost you around 7768 INR (Indian rupees), or 17780 PKR or 388 UAE dirhams.
Otherwise, you will need to check exchange rate of Euro in your local currency.
In fact, there are thousands of people around the world who want to settle in Europe for a better future. Despite being a Schengen country, Portugal has developed an immigration policy that provides easy ways to those who want to settle there.
The D-Seven visa is also a continuation of the Portuguese government’s positive policies that allow fixed-income people, including their families, to live in Portugal.
Therefore, in this article, I have simplified the most important elements regarding the Portugal d7 visa so that the readers can understand the process. So, you can, however, contact to the SEF (Portugal Immigration) for further details.