The D7 Visa is a long-term domicile visa made available in 2007. It is also known as the Retirement or Passive Income Visa. Unlike the Portugal Golden Visa, it does not require an investment. This visa is good for remote workers, digital nomads, and retirees. This visa is for a public not from the EU, EEA, or Switzerland but who wants to live in Portugal and have a good passive income.
This money can come from a pension, a financial investment, or rental property. The main applicant must have at least €8,460 in passive income yearly. Add 50% to this (€4,230) for a spouse and 30% to this (€2,538) for a child who lives with you. To get the D7 Visa, a couple with one child would need to make about €15,300 a year.
Portugal D7 Visa Requirements
In Portugal, getting a D7 Visa is easy if you meet the simple requirements. Here are the main things you must be able to do to get a Portugal D7 Visa.
- Non-EU, EEA, or Swiss citizen
- A minimum passive revenue of €8,460 per year is needed, plus 50% for a spouse and 30% for a child who depends on you.
- Clean criminal record
- Proof that you have a home in Portugal (rental or purchase)
- You must consume at least 16 months in Portugal within the first two years.
What are the advantages of a D7 visa for Portugal?
You can go to Portugal and the Schengen area with the Portugal D7 Visa (26 EU countries). You don’t require a visa to carry around. The D7 visa gives you the same rights to travel as every other European Union citizen.
Once you have your Portugal D7 Visa, you can ask to be reunited with your family. This is where your family gets the same right to live there as you do. If you want to include family members in the program, you must show that you are related to them.
Partner, kids under 18, dependent children over 18 who are still in school, your parents, your partner’s parents, and minor siblings are all eligible for family reunification. All these people can live and work in Portugal, travel freely in the Schengen area, and take advantage of all the benefits of their visas.
Permanent Residency: Does the Portugal D7 Visa grant permanent residency?
With the Portugal D7 Visa, you can eventually become a permanent resident. In the first year, you can become a legal resident. Then, you can keep your residency for another two years. You can apply for stable residency after legally living in the country for five years.
Citizenship: Can I get my citizenship with a Portugal D7 visa?
The D7 Visa for Portugal can lead to becoming a citizen. You can utilize this to become a Portuguese citizen after legally living in the country for six years. To become a citizen, you must get an A2 certificate in Portuguese, show proof of a Portuguese bank account, and not have a criminal record.
Non-Habitual Tax Regime Incentives
You become a non-habitual resident (NHR) and take advantage of the benefits of this tax system. This tax system allows you to move your tax home to a different country. Here are some good things about this tax system:
- If your nation has a Double Taxation Agreement with Portugal, you may not have to pay ANY tax on pensions, rental income, real estate gains, and income from sources other than Portugal. Instead, you would pay taxes in the country where you were born. When this is the case, the UK, the USA, and many other countries have a DTA with Portugal.
- If your pension profit is taxed in Portugal, it will be taxed at a flat rate of 10%. This includes savings and insurance for your retirement.
- In Portugal, people pay a 20% tax on income from “high value-added activities.” This includes income from jobs and self-employment from Portugal’s scientific, artistic, or technical activities. Still, you will pay a similar income tax to other tax residents regarding other types of domestic income.
- After 10 years of living there, you will only be taxed on your income, no matter where it comes from.
- Foreign interest, dividend income, rents, and capital gains from a property can sometimes be tax-free.
- You won’t have to pay an estate tax or a tax on your wealth.
Here are the requirements for participation in the non-habitual residence program:
- You can’t have been taxed in Portugal five years before the application.
- You must ask for a tax residence certificate, which means you’ve lived in Portugal for more than 183 days (they don’t have to be consecutive) in the past 12 months, lived there for less than 183 days but bought property during that time, or worked for the Portuguese government.
- To be able to stay in Portugal, you must have a work visa, Portugal D7 Visa, Portugal Golden Visa, or be a citizen of the EU, EEA, or Switzerland.
Who is eligible for a D7 Visa in Portugal?
A Portugal D7 Visa can be requested by non-EU/EEA/Swiss citizens with a passive income. This visa is also called a retirement visa, but you can get it if you work from home for a company outside of Portugal. So, digital nomads and freelancers who meet the criteria can still apply for the D7 Visa.
Important Steps for Applying for a D7 Visa
- Step 1: Fill out the form below to contact us.
- Step 2: Meet your case manager, get a free quote and sign a contract.
- Step 3: Make an appointment with the consulate.
- Step 4: Put together your application file with the help of your case manager.
- Step 5: Go to the consular meeting.
- Step 6: Send in your full visa application, and you’ll hear back about the result of your application in about 60 days.
- Step 7: Get your short-term visa (valid for 4 months).
- Step 8: Make an appointment for the SEF at the bureau branch closest to where you rent or own a home. If you use a service provider like us, we can help you with this, or the Portuguese embassy in your area can help.
- On SEF’s website, you can also book it yourself. Here you can also see a list of the different SEF services.
- Step 9: Have your marriage and birth certificates translated into Portuguese if they are important to your application.
- Step 10: Fill out the form for a Portuguese residency permit. This is NOT the form for your D7 visa.
- Step 11: Go to Portugal for your interview with SEF. Most of the time, the interview takes about 20 minutes to finish. You’ll have to give the Portuguese government permission to check your criminal record to ensure you haven’t done anything wrong since you got there. You’ll have to show proof of your tax residency or situation, like a tax clearance certificate from the country where you’re tax domiciled.
- Step 12: Get your Portuguese temporary residency permit, which is usually good for 1 to 2 years and will be sent to your address in Portugal or the local post office in about 2 weeks.
Step 13: Renew your residence permit every 2 years, and apply for permanent resident status or Portuguese citizenship after 5 years. You’ll need to show that you have real ties to Portugal and speak intermediate-level Portuguese. Also, for the first 5 years that you were a Portuguese resident, you had to stay in the country for a certain amount of time every year.