portuguese residency

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d7 visa

FOREIGNERS LIVING ON FOREIGN INCOME

D7 Visa - Foreigners Living on Foreign Income:

Pensioners who have sufficient income to remain in Portugal, freelancers working remotely, or people living on income, regardless of age. The most important requirement is regardless of age, which enables you to secure your EU residency if you can prove you won’t need to rely on the state for subsistence. The proof of income includes: retirement, pensions, rented real estate, investments, other annuity income and remote work contracts.

The D7 visa enables the respective holder to obtain a residence permit in Portugal for a period of one year, which can then be renewed for successive periods of 2 years and can be converted into a permanent residence permit after 5 years. 

The steps you need to follow are shown below:

 Bank Account and Proof of Accommodation:

  • Open a banking account in Portugal;

  • Secure long-term accommodation in Portugal (by either buying, renting or borrowing a property); and

  • Apply online for a residence visa and for an appointment for an interview at the Portuguese Consulate serving his/her current region of legal residence, even if the applicant's nationality entitles him/her to enter Portugal without a visa.

Visa Application at Portuguese Consulate:

  • Passport, valid for at least 6 months after the expiry date of the Portugal passive income visa being applied for (which will be valid for 4 months);

  • Two recent passport-size colour photos;

  • Declaration outlining reasons for obtaining Portuguese residency;

  • Health insurance policy or affidavit stating that this will be bought in Portugal within 90 days of arrival;

  • Criminal record certificate (or police clearance letter);

  • Documentary evidence of having accommodation in Portugal (property title deed, rental agreement or property loan agreement);

  • Documentary evidence of sufficient finances available to the applicant in Portugal (e.g. a Portugal bank statement showing a reasonable balance); and

  • Documentary evidence of having a reasonable net regular passive income.

Portugal Residence Permit Program Application in Portugal:

  • Passport having the special visa issued by the Portuguese Consulate;

  • The documentary evidence of having sufficient financial means and permanent accommodation in Portugal, as submitted to the Portuguese Consulate;

  • Health insurance policy in case you bought it in Portugal; and

  • Various Portuguese documents that your lawyer can obtain on your behalf.