D7 PASSIVE INCOME VISA

Legal Assistance in Portugal

 

D7 VISA – PORTUGAL RESIDENCE PERMIT

 

Embark on your Portuguese residency journey with confidence, supported by the comprehensive legal assistance our law firm provides. Specializing in the D7 Visa, we ensure a personalized and informed approach, guiding you through each step of the application process.

 

WHAT IS THE PORTUGAL D7 VISA?

The D7 Visa is the Portuguese Residence program aimed at those who can live off their income. Initially, it was created thinking mostly on those who are retired and live of their pensions (designated as passive income). However, the concept of “passive income”, for this Visa, was extended and, nowadays, the D7 Visa is granted to those who have pensions, rents, dividends, interests, or income for their intellectual property.

The D7 Visa has attracted for the past years, many foreign retirees, investors, and digital nomads (however, digital nomads, since November 2022, follow a different type of Visa: the D8 Digital Nomad Visa - if your current occupation is remote worker or self-employed, please click on the digital nomad separator on the top right corner option), living off of their monthly income foreign-sourced. This is why it is now generally called of Passive Income Visa

At the end of the 5th year of residence in Portugal, you have the right to the Portuguese Passport and/or you can renew your residence permit again, this time for 10 years, becoming a permanent resident.

 

BENEFITS OF THE D7 VISA/RESIDENCE PERMIT

  • The right to bring your entire family (dependents) with you;
  • All D7 Residence Permit Holders are allowed to work, both remotely or locally in Portugal;
  • Enjoy Portugal’s acclaimed free and universal national healthcare system, for being a resident of the country;
  • Access to preferential tax rates;
  • Gain the right to work and do business within Portugal as an independent professional;
  • Portuguese Citizenship (EU passport) after 5 years.

 

Why Choose Us?

 

  • Expert Legal Team: Our lawyers offer In-depth expertise in Portuguese immigration law, offering targeted solutions for the D7 Visa.
  • Personalized Approach:
    Understanding that each case is unique, we tailor our services to meet your specific needs - for instance, West Coast and East Coast applicants demand different approaches and solutions: VFS or DC? What VFS delegation will be the best for your case?
  • Successful Track Record: A history of hundreds and hundreds successful applications, showcasing our commitment to helping clients achieve their residency goals.

CONTACT US FOR MORE INFORMATION

 

 

REQUIREMENTS FOR THE D7 VISA

 

1. Portuguese Fiscal Number (NIF): Required to apply for a D7 Visa, open a bank account, sign a lease contract, buy a property or even start your new or existing business in Portugal. With a Power of Attorney issued for this purpose, we can obtain your NIF in a few days (it is recommended to have a Portuguese Lawyer or Solicitor as your tax representative, due to the responsibility of such position and to the strict rules of professional behavior that are not assured by any other professional association or NIF online providers).

2. Booking a Visa appointment: As soon as you are hire us, we will immediately start looking for the best timeslot for your visa appointment. That task will be on our side, meaning you will not have to worry about the limited availability of the Consular Services/Visa Center. One of our Attorneys will be also available remotely (by phone or video call) to assist you during the appointment, so that everything goes well.

3. Portuguese Bank Account: You will be opening a bank account remotely. Therefore, any bank will impose stricter rules for this procedure (along with FATCA compliance, in case you are a US citizen). It is very usual to assist our clients in this procedure, assuring that the bank account is open and activated in a matter of days. Single applicants must fund the account with a minimum amount of EUR 9.840€. Married couples are required to have a minimum amount of EUR 14,760€ deposited into their joint bank account.

4. Proof of Passive Income: a stable, PASSIVE  income that can sustain the applicants' living in Portugal. The minimum required amount is generally around EUR EUR 9.840€ per year, for the main applicant, with an additional 50% of that amount for a spouse and 30% for each child under 18 years old. This income can come from pensions, real estate rentals, investments, dividends, or other sources of passive income. We will assist you selecting the suitable proof of your income, following the procedures/criteria adopted in the Consular Serices/Visa Center that will receive your application.

5. Accommodation in Portugal: Proof of accomodation for one year: this can be a lease agreement or proof of purchase of property. We can provide you with assistance before you arrive in Portugal. If you are considering buying or renting a property, we can advise you regarding the property’s due diligence/conveyance and even help you on choosing the best location according to your preferences, helping you with neighborhood choices, choosing the best location in terms of doctors and hospitals, and whatever is necessary to make your relocation as smooth as possible

6. Health Insurance: Applicants must have health insurance coverage that is valid in Portugal. This can be private health insurance or, if applicable, proof of entitlement to healthcare in Portugal through international agreements. After you get your resident permit card, you and your family can get the famous Portuguese Public Health Care card, and the insurance will no longer be mandatory.

7. Clean Criminal Record: The certificate, that should be issued within three months of the visa application, must not show any conviction for a felony punishable, under the Portuguese Law, with imprisionment for more than one year.

8. Application Form: A completed D7 Visa application form must be submitted, along with the required documents at the moment of your appointment. Our experienced team will assist you with the form, ensuring everything is correctly filled, according to the specific requirements/criteria of that Consular Services/Visa Center.

9. Motivation letter: Applicants shall explain to the Portuguese Authorities why they are applying for a Visa/Residence Permit. Our team will assist you with this, making sure that your motivation is correctly sent to the deciding Portuguese Authority.

10. Bureaucracy, bureaucracy, bureaucracy: Any doubt or particular requirement you may have will be covered by us, working closely with the Consular Services/Visa Center, to ensure a stress-free relocation.

11. AIMA interview: After arriving in Portugal with the D7 Visa, applicants must have an interview with AIMA (Agency for Integration, Migration and Asylum) to apply and collect your residence permit. Last-minute AIMA office changes? "System is down" and similar  problems? One of our experienced attorneys will attend the interview with you and will assure everything goes well.

 

 

D7 PASSIVE INCOME

Ammount of Passive Income Monthly Yearly
Individual Application
820,00€
9.840,00€
Application for one couple
1.230,00€
14.760,00€
Extra per Additional Dependent
246,00€
2.952,00€
Application for a family of 4 (2 minor children)
1.722,00€
20.664,00€

 

 

D7 VISA PASSIVE INCOME EXAMPLES

Pensions
Real Estate rents
Royalties
Intellectual property
Earnings from financial investments
Dividends (yes, LLC dividends are eligible)
Interest from savings

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PORTUGAL D7 VISA

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