No. Provided that you can meet the minimum passive income requirements of the D7 program, and that your source of passive income can be reasonably expected to remain stable over time, you can apply for this Portuguese residency visa category.

In 2024, in order to be eligible to apply, you need to earn at least €820 per month as an individual (€9,840 per year). As a married couple, your combined passive income should be at least €1,230 per month (€14,760 per year), i.e. an additional €410 per month for your spouse). For every dependent child [...]

In order to apply for the D7 Visa, you have to be at least 18 years of age at the time of application. As of November 2020, no formal guidelines have been provided in terms of the maximum acceptable age limit, however the program is exceedingly popular among wealthy retirees.