Portugal D7 Passive Income Visa
Portugal PRT
Last verified 2024-09-01Official source
The Portugal D7 visa is designed for financially independent individuals and retirees who can demonstrate sufficient passive income to support themselves without working in Portugal. It offers a straightforward path to permanent residency and citizenship after five years.
Program Details
- Category
- Passive Income
- Processing Time
- 2 months
- Application Fee
- $540
- Minimum Income
- $820/yr
- Minimum Investment
- N/A
- Family Included
- 50% of main applicant's required income per additional adult dependent; 30% per minor child
- Path to PR
- Yes — 5 years
- Path to Citizenship
- Yes — 5 years
- Physical Presence
- Must stay in Portugal for at least 183 days per year, or maintain a habitual residence
- Dual Citizenship
- Allowed
- Tax Impact
- Qualifying applicants may apply for Portugal's NHR (Non-Habitual Resident) tax regime, offering a 10% flat tax on foreign pension income and tax exemptions on certain foreign-sourced income for 10 years
- Renewal Cost
- $320
Approximately €760/month (the Portuguese minimum wage); €1,140/month for couples. Income must be from passive sources such as pensions, dividends, rental income, or royalties.
Key Requirements
- ✓Proof of passive income of at least €760/month (pension, dividends, rental income, royalties, etc.)
- ✓Proof of accommodation in Portugal (rental contract or property deed)
- ✓Criminal background check from home country
- ✓Valid health insurance covering Portugal
- ✓Bank statement showing at least 3 months of qualifying income
- ✓NIF (Portuguese tax identification number)
Nationality Restrictions
This program restricts applications from nationals of: EU/EEA and Swiss nationals do not require this visa
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