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Overview of Portugal

The Republic of Portugal, commonly known as “Portugal”, is a republic located in South-Western Europe, bordered by Spain to the East, and the Atlantic Ocean to the West and South. In addition to the territories of the European continent, the Azores and Madeira Islands in the Atlantic are also Portuguese territories. Cape Roca, situated to the West of the Capital Lisbon, is the westernmost point of the European continent. Portugal is a highly developed capitalist country with an advanced tourism industry. It is also a member of the European Union, a founding member of the Euro and NATO, a member of the World Trade Organization, the United Nations and other international organizations.

Portugal’s social welfare is highly developed. Pensions are paid to people over the age of 65 who have contributed to 15 years of social insurance. In addition to pensions, the government also grants additional guaranteed subsidies to equal the number of pensions, which are distributed to recipients twice a year. Portuguese medical care covers doctors’ diagnosis and treatment, family medical care, health care, disease inspection, epidemic prevention and most medicines. In most cases, patients need only pay a registration fee to consult a doctor. There are public and private hospitals in Portugal. While public hospitals are large in scale, advanced in equipment, and strong in technology, the waiting times can be long. In general, private hospitals have a shorter waiting time. All Portuguese citizens and immigrants who have obtained resident status can enjoy the free public medical care, whereas foreign citizens visiting Portugal cannot enjoy this privilege.

Portugal D7 Visa

The Portugal D7 visa allows foreign citizens who want to live in Portugal for retirement and religious purposes to rely on their personal income as entrance to Portugal. As long as the applicant can prove that there is sufficient income to provide for future life expenses (which can consist of passive incomes such as pensions, real estate rent, intellectual property, financial products, shareholder dividends, etc.), no investment is required. The applicant’s entire family can obtain residence permits to Portugal.

The D7 visa is also known as Portugal’s passive income visa, the Portuguese non-profit visa, and retirement visa. Applicants can obtain Portuguese residency status by applying for a D7 visa.

D7 visa is suitable for passive income groups, monks, retirees, etc.

Portugal D7 Visa Application Procedure
  1. Application of D7 visa takes 3-5 months. After obtaining the D7 visa, the applicant can land in Portugal with this visa and obtain a 2-year residence card.
  2. The D7 visa can be renewed in a 2+3+3 year period. After 5 years, the applicant can apply for residence or naturalization to obtain European status.
Portugal D7 Visa Application Requirements

A. For Non-retirees

  1. The main applicant must be over 18 years old and accompanying children must be under 18 years old
  2. No criminal record
  3. Bank statements of the past 6 months that show a minimum saving equivalent to 30,000 euros. For each additional applicant, an extra 15,000 euros savings is required (50% extra)
  4. Income proof: 8000-10000 euros/year for the main applicant, 5000 euros/year for the spouse. 2500 euros/year for each accompanying child.

(*House rent (1 year) or shareholder dividend income is recommended)

B. For Retirees

  1. No criminal record
  2. 6-month retirement salary certificate
  3. Bank statements for the past 6 months (which must match the pension), and a minimum saving equivalent to 30,000 euros are required. For each additional applicant, an extra 15,000 euros in savings is required (50% extra).
  4. Income proof: The main applicant must provide at least 10,000 euros/year of income proof
    (*Pension, housing rent (1 year) or shareholder dividend income is recommended. For each additional applicant, an additional 50% saving is required)
  5. Retirement certificate (no age requirement)
Requirement to renew Portugal D7 visa

The applicant must land in Portugal and obtain the residence card within the validity period of the D7 visa. The applicant then needs to accumulatively live in Portugal for 16 months in the next 2 years and accumulatively live for 28 months in 3 years

(*Each departure of Portugal cannot exceed 6 months. The cumulative total time out of Portugal cannot exceed 8 months)

Requirements to obtaining Portugal Permanent Residence
  1. Hold a Portuguese residence card for five years.
  2. Live in Portugal for more than half a year each year during the five-year period.
  3. No criminal record.
  4. Obtain an A2 in Portuguese.
SIMARD & ASSOCIATES’ IMMIGRATION CONSULTANTS CAN HELP

Our team of professional immigration consultants at Simard & Associates have extensive experience in immigration consulting and immigration law; we have helped thousands of clients succeed in immigrating to their desired destination and starting a new chapter in life. If you are interested in the Portugal D7 Visa or have questions about any immigration programs, do not hesitate to get in touch with our immigration consultants.