Portugal Visas – the first thought that should be in your mind when thinking of moving to the country. Luckily, Portugal has a pretty advanced Visa program that allows qualified workers, entrepreneurs, retirees and investors from all around the world to live and work here. According to the 2021 Immigration Report (RIFA), Portugal had nearly 700k immigrants out of its population of 10.3 million. A number that has been progressively growing since 2011, amounting to a 40% increase in that year. Right now there are people from all over the world, including neighboring EU countries, Australia and the US.
If you are interested in joining them, you can find more information about the Visa programs in Portugal below.
Contact us if you have further questions!
The Portuguese government introduced a special visa type in 2007, known as the D7 Visa, the Retirement Visa, or the Passive Income Visa. This residency visa permits any non-EU/EEA or non-Swiss citizens to apply for residency in Portugal provided that they have a reasonable passive income.
Indeed, the D7 Visa is an affordable and attractive Portugal immigration visa allowing non-EU citizens to get Portuguese residency provided they have sufficient funds to sustain themselves during their stay in Portugal.
You are a non-EU citizen. You have sufficient funds to sustain yourself during your stay in Portugal. You possess a clean criminal record. You can provide a residential address in Portugal. You are able to spend a minimum of 16 months in Portugal within the initial two-year period.
The Passive Income Requirements
All applicants need to meet certain minimum income requirements.
- Single Applicant – You must earn more than €760 per month, or €9.120 per year, in passive income.
- Married Couples – If you’re applying with your partner (considered the ‘second adult’), they, and any additional adult, will need to earn at least €4.560 per year (or €380/month). This equals 50% of the minimum monthly salary. In sum, you and your partner should have at least €13.680 in total per year.
- Dependent Children – Children under the age of 18 as well as dependent adult children should have at least €2.736 per year, which equals €228 per month or 30% of the minimum monthly salary.
- Elderly Parents – If you want to bring your parents or the parents of your spouse with you, you’ll have to move first and get settled before applying for a D7 for them. They will be considered financially dependent on you, meaning you will have to fully support them and let them live with you.
Digital Nomad Visa
From 30 October 2022, under the new Portugal Digital Nomad Visa program, you can now live and work in Portugal as a remote worker. The Portuguese government announced the Digital Nomad Visa earlier this year to allow digital nomads to stay or settle for a certain period in Portugal.
The Portugal Digital Nomad Visa is for remote workers that are looking to work remotely from Portugal. The requirements are that the individual has to make four times the national minimum wage to live and work in the country, which amounts to around $3,350 (€3,040) per month.
Portugal’s Digital Nomad Visa is split into two categories. Remote workers can either
apply for a temporary stay visa (short stay visa) for up to one year or a residency
permit that can then be renewed for up to five years. The two categories
are very appealing, whether you are looking for a short-term temporary stay visa
or are looking to obtain a residency visa and perhaps live longer in the country.
Nomad Visa Process
- Phase 1: Embassy – This is when you’ll submit your application for the digital nomad visa at the Portuguese consulate in your home country. Before you must find a home (buy or rent) and meet all the conditions stated
- Phase 2: Residency Permit – Once you go to Portugal with your digital nomad visa, you’ll apply for the residency permit at the SEF.
The Portugal Golden Residence Permit Programme or Golden Visa is a fast track for investors to obtain fully valid residency permit in Portugal without having to live in Portugal. The permit allows visa-free travel throughout the 26 Schengen States and allows the holder to apply for a European Passport or permanent residency in 6th year.
The Portugal Golden Visa programme has proven very popular with our clients and investors who are looking to achieve one, or all, of the following objectives:
- Dual citizenship for you and your family
- Visa-free travel in Europe / Schengen area
- Education and work possibilities in Portugal
- Alternative residency in terms of safety,
- Security, health, education and lifestyle.
- Straightforward investment requirements Minimum stay requirements: 7 days every year
- Fully extendible to direct family members without further investment
- Can live & work in Portugal, even with residency in a different country
- Access to all Portuguese Public Services, including health and education
Under the Portugal Golden Visa programme, non-EU citizens simply need to carry out just one of the following investments:
- The purchase of real estate in Portugal worth at least EUR 500.000 EUR (reduced to 400.000 EUR if it is located in a low-density area)
- The purchase of real estate in Portuguese urban regeneration areas or that is at least 30 years old to the value of minimum 350.000 EUR (reduced to 280.000 EUR if located in a low-density area)
- Investment of at least 350.000 EUR in scientific research in Portugal
- Capital transfer of at least 1 million EUR into Portugal
Lei n.º 37/81, de 03 de Outubro (pgdlisboa.pt)
After having a residency visa for five years, you can apply for permanent residency or Portuguese citizenship, provided that you fulfill all the requirements. With citizenship, you will have the right to live, work, and study in any European Union (EU) member country