Portugal D7 Visa 2021: Ultimate Guide2021-10-23T14:14:58+00:00

Portugal D7 Visa 2021: Ultimate Guide

The Portugal D7 Visa offers a path to Portuguese residency - without investment.

Need Golden Visa flexibility but at a lower price point? Check out the HQA Visa Program here. Priced at 175K ALL-IN. Approvals in 30 days.

Ready to start your new life in Portugal? You’re in the exact right place…

Want residency in Portugal without making a property investment? The Portugal D7 Visa offers a path to residency in as little as 4 to 6 months.

The visa program is aimed at attracting foreign applicants with the means to support themselves through stable passive or recurring income. The D7 Visa is a relatively unknown, but highly compelling alternative to the Portugal Golden Visa.

The D7 is also an excellent visa option for remote workers and digital nomads seeking to spend more than 3 months at a time in Portugal.

LEGAL BASIS: Article 58, paragraph 1, of Law number a23/2007, of 4 July, and Article 24 (d) of Regulatory Decree No. 84/2007 of 5 November makes provision for the establishment of the Portugal D7 Visa category, which was launched in 2007.

Find out more about the benefits of the D7 Visa below, or contact us now for more information.

Can I get residency if I already own a property in Portugal?2021-04-25T15:43:32+00:00

Can you get a Portuguese Golden Visa retroactively? The answer is yes, potentially – provided that the following criteria are met:

  1. The property has to have been purchased after December 2012, when the Golden Visa Program was launched.

  2. The property must fall into one of the following pricing categories:

    • The property was worth €500,000 or more when purchased, and is situated anywhere in Portugal.

    • The property was worth €400,000 or more when purchased, and is situated in a low-density area as defined by the Portuguese authorities.

    • The property was worth €350,000 or more when purchased, was 30 years or older, and required renovation.

    • The property was worth €280,000 or more when purchased, is more than 30 years old, and is situated in a low-density area where the average GDP is 75% lower than the average GDP in Portugal.

    • The property is in the name of either a single person or one of the spouses.

If the property is jointly owned (50%:50%), neither of the spouses will be eligible for the Golden Visa as the per-person ownership value does not meet the minimum thresholds.

If the property is fully owned by one of the spouses, they are eligible to apply for the Golden Visa, whereas their spouse is not. However, the spouse is eligible to apply as a dependent to the primary applicant, as are their minor children.

If you already own a property in Portugal that was purchased after December 2012, yet the value is – for example – €250,000, and said property is not older than 30 years and didn’t require any renovations, you can invest in a “top-up” property worth another €250,000, anywhere in Portugal (and in any condition), in order to reach the €500,000 minimum investment threshold.

Once this investment requirement has been met, you can then apply for a Golden Visa.

If you own a property of €100,000, and are not able to invest an additional €400,000, you also have the option to apply for the D7 Visa, provided that you can prove sufficient recurring income, savings, and/or savings.

In order to maintain your D7 residency, however, you should plan to spend at least 6 months per year living in Portugal.

The rules for both the Spanish and Greek Golden Visa Programs are broadly the same, yet in Greece, you can apply for a Golden Visa even if your property, worth a minimum of €250,000 at the time of purchase, was bought prior to the launch of the Greece Golden Visa Program in 2013.

Contact us now for more information and to determine whether your existing property is eligible for a Golden Visa or not in 2021.

How much does the D7 Visa cost?2021-08-01T07:03:11+00:00

Compared with the Portuguese Golden Visa, the D7 Visa is dirt cheap. Whereas the Golden Visa has a minimum investment requirement of €280,000, and typically €350,000, both excluding significant transfer duties and ancillary costs, the D7 does not have an investment requirement at all.

And while your Golden Visa services fees can be as high as €30,000 for a married couple and more for a family, you can expect to pay as little as €2,500 in professional service fees for your D7 Visa application as a single applicant, and only €3,000 per married couple.

In addition, while the governmental application and processing fees for the D7 Visa does vary depending on where you’re applying from, you can expect the total cost per person for this component to come in at less than €450 per person.

Contact us now to find out more.

 

 

Does Portugal Have A Non Lucrative Visa?2021-01-09T15:31:41+00:00

Yes, the Portuguese non-lucrative residency visa is formally known as the D7 Passive Income Visa. While the residency visa requires applicants to spend a minimum of 6 consecutive months per year in Portugal (similar to the Spanish Non Lucrative Visa), it can lead to citizenship after only 5 years, whereas Spanish citizenship can typically only be obtained by non-EEA nationals after a period of 10+ years. In addition, the D7 Visa Program features some of the least onerous financial requirements of any EU residency visa currently available. Find out more here, or contact us now for more information.

Do I need to buy a property to apply for the D7 Visa?2020-10-28T06:47:11+00:00

You are not required a property in Portugal to apply for a D7 residency visa, however you will be required to submit proof of accommodation in Portugal. A rental agreement should typically suffice.

Should you wish to buy a home in Portugal, there are no minimum purchase price requirements, however it is expect that whatever property you rent in Portugal will be “fit for purpose”. In other words, you cannot rent a studio apartment in order to house a family of 5 people.

How long does it take to get a D7 Visa?2020-10-28T06:44:32+00:00

The application process for the D7 residency visa can be completed in as little as 3 to 4 months, however given the impact of Covid-19 lockdowns and international travel restrictions, you should expect the process to take approximately 6 months to complete.

Can Hong Kong nationals apply for the D7 Visa?2020-10-28T06:42:55+00:00

As of late 2020, Hong Kong citizens can apply for the D7 Visa, provided they can meet the minimum passive income requirements.

Can Americans apply for the D7 Visa?2021-05-10T12:20:35+00:00

USA citizens can apply for the D7 Visa, provided that they can meet the program’s requirements, and the passive income requirement, in particular.

Is the D7 Visa only open to retirees?2020-10-28T06:25:51+00:00

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.

What are the minimum passive income requirements for the D7 Visa?2020-10-28T06:24:24+00:00

In order to be eligible to apply, you need to earn at least €635 per month as an individual (€7,620 per year). As a married couple, your combined passive income should be at least €952.5 per month (€11,430 per year), so an additional €317.50 per month for your spouse).

For every dependent child being applied for, the minimum monthly passive income requirement increases by €190.50 (€2,286 per year) which is around 30% of the minimum national wage in Portugal.

What age do I need to be to apply for the D7 Visa?2021-05-10T12:20:55+00:00

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.



Who can apply for the D7 Visa?

As of 2020, the D7 Visa is increasingly popular among Americans, Canadians, Britons (post-Brexit), Russians, Middle Easterners as well as citizens of China and Hong Kong.

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While the D7 is frequently referred to as the Portuguese Retirement Visa, the program is in fact open to applicants of any age, from any country – as long as they are able to meet the program’s eligibility requirements. Provided that the above criteria can be met, the program is open to non-EU applicants from across the world.

As of 2020, the program has increasingly popular among long-term digital nomads, remote workers / telecommuters, affiliate marketers, crypto traders, online consultants, digital entrepreneurs and a host of other location independent professionals.

So if you’re looking to move to Portugal in 2021 or 2022, this is the residency program for you.

Feel free to get in touch if you’d like to know whether you can apply based on your specific situation.

Key benefits of the Portugal D7 Visa Program

Enjoy visa-free travel across the entire Schengen Area for up to 90 days out of every 180 days.

Bring your entire family to move to Portugal – and your spouse can work in the country as well.

Obtain Portuguese residency for your family in as little as 4-5 months thanks to a fast, simple application process.

Enjoy access to Portugal’s acclaimed national healthcare system as a resident of the country.

Enjoy a preferential tax rate with the Portuguese Non-Habitual Residency (NHR) Program.

Enjoy access to Portugal’s National Education Service, schools, and vocational training.

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Gain the right to work and do business within Portugal as an independent professional.

After you hold Portuguese residency for 1 year, your newborn children can become Portuguese citizens.

How does the D7 Visa differ from the Golden Visa?

The D7 Visa offers foreign (non-EEA) retirees and individuals with stable passive or recurring income sources the ability to obtain Portuguese residency and eventual citizenship. And what’s more, you can apply for it without the need to make a significant investment in the country.

Often referred to as the Portuguese Retirement Visa, the D7 is actually a passive income visa comparable to the Spanish Non Lucrative Visa (“residencia temporal no lucrativa” in Spanish).

Unlike with the Portugal Golden Visa Program, proof of rented accommodation can be used to meet the domicile requirement for D7 residency.

Check out some of the key differences between the Golden Visa and the D7 Visa Programs below:

CHARACTERISTIC GOLDEN VISA D7 VISA
Minimum Investment Required €350,000+ €0
Process Timeline 9 – 12 months 3 – 4 months
Family Eligible Yes Yes
Path to Permanent Residency & Citizenship Yes Yes
Minimum In-Country Stay Requirement Per Year 1 Week 6 Months
Portuguese Language Proficiency Required No No
Non-Habitual Residency Program Eligibility Yes Yes
Professional Services Fees €25,000+ From €2,495
Recurring Income Required No Yes
Medical Insurance Required Yes Yes
Portuguese Tax Number (NIF) Required Yes Yes

General program requirements

There are effectively five primary requirements:

  1. Financial self-sufficiency: In order to gain Portuguese residency under the D7 Program, you’ll have to prove to the Portuguese immigration authorities that you will be able to accommodate and support yourself while living in Portugal, without becoming a burden onto the state.

    This financial requirement can be met by proving either adequate stable, recurring income, or on the basis of significant savings, or through a combination of the two. (More on the exact financial requirements for the program below.)

  2. Proof of accommodation: While you’re not required to buy a property in Portugal, you are required to have an address; a long term rental lease (ideally for 12 months or longer), permission from a friend or family member with a property in Portugal to use their property. While long-term Airbnb bookings used to be acceptable, these are increasingly being rejected. (Be sure to confirm the exact acceptable types of accommodation with your local Portuguese consulate.)

  3. Comprehensive health insurance: The primary applicant and any dependent applicants will all have to have comprehensive EU-wide health insurance coverage. Each applicant must be covered for a minimum of €30,000.

    This medical cover must be pre-paid for 12 months, and the policy must not have any co-payments or coverage waiting periods associated with it. (In some instances, an affidavit stating that this insurance will be purchased within 90 days of arrival in Portugal may also suffice.)

  4. Minimum stay requirement: In order to keep your residency status renewable, you will be required to spend either 183+ days per year in country, or to spend a total of 8 months in the country, if you opt to split your in-country stays into shorter stints. Having said that, you should aim to spend more than 183 uninterrupted days per year in Portugal to be on the safe side – and ideally more.

    Note: There are some instances in which you may be able to spend less time in Portugal, e.g. if you have urgent work or personal obligations outside of the country, however the above should serve as a good indication of what will typically be required in order to renew your residency permit.

  5. Clean criminal record: As with most immigration procedures, a clean criminal record is a prerequisite. Feel free to contact us for more information in the case that you do have any minor felonies

  6. Portuguese NIF (tax number): In order to apply for the D7, you’ll have to obtain a Portuguese tax number, or Número de Identificação Fiscal, in Portuguese. We can assist you in applying for your NIF remotely on the basis of you granting us power of attorney. We’ll also be able to serve as your tax representatives in Portugal until such time as you move to the country.

  7. Portuguese bank account with locally deposited funds: While this requirement is not gazetted, per se, Italian consulates are increasingly requiring applicants to open a Portuguese national bank account and deposit a minimum of around €7,000 in it (if you’re a single applicant). For married couples, the required deposit amount is around €10,500+).

    While all of the above requirements are not strictly articulated in law, they serve to prove demonstrable ties with the country, and a clear intention to settle there.

D7 Recurring income requirements 2021

In order to qualify for the D7 Visa, applicants must be able to prove earning sufficient passive income to support themselves in Portugal without relying on salaried income.

Sources of income that qualify towards meeting this requirement include stable rental income from movable or immovable assets, monthly pension payouts, royalties and dividends. (Dividends can qualify, provided that you are not actively involved in the running of the company from which these payments are received.)

There is no stated minimum personal net worth requirement for the program. However, the Portuguese immigration authorities enjoy a large amount of discretion in terms of D7 Visa approvals. Consequently, you may be required to submit proof of significant available savings, in addition to the passive income requirement.

The minimum passive income thresholds for the program are discussed in more detail below. For starters, individual applicants are expected to earn at least €665 per month (€7,980 per year). It is, however, highly advisable to treat this as the absolute minimum requirement. The higher your passive income earnings, the more likely your visa is to be approved.

As of May 2021, the minimum stable, recurring income requirements for the D7 program are as follows:

MINIMUM PASSIVE INCOME REQUIREMENT (2021) PER MONTH PER 2 YEARS
Individual €665 €15,960
Married Couple €997.50 €23,940
Per Additional Adult Dependent €199.50 €4,788
Per Additional Minor Dependent €199.50 €4,788

CAN I APPLY ON THE BASIS OF SAVINGS ONLY?

The Portuguese immigration authorities may, at their sole discretion, approve your application based on accessible savings. In such instances, you will be expected to have a minimum of €23,940 in savings as a couple.

That’s €7,980 x 2 (€15,960) for the primary applicant, and an additional €7,980 for your spouse, to cover your living expenses and accommodation for the 2-year period for which the initial residency permit is authorised.

For every additional dependent, you’ll have to show €4,788 (30% of the minimum wage for 2021 x 24 months).

The visa application process

Step 1: Booking of consular appointment

Step 2: Compilation of application file with your case manager

Step 3: Attend consular appointment

Step 4: Submit full visa application and receive notification of your application outcome within approximately 60 days.

Step 5: Receive your temporary visa (valid for 4 months).

Step 6: Travel to Portugal to attend your SEF interview and obtain your Portuguese temporary residency permit (typically issued with 1 to 2 years’ validity).

Step 7: Renew your temporary residency permit every 2 years, and apply for permanent residency after 5 years.

What documents are required

As of November 2020, you’ll require the following documents to apply for the D7 Visa…

  • Documentary evidence of having predictable, regular passive income as outlined above.

  • Documentary evidence of the means to support yourself and any dependents while living in Portugal. (An example of this could be a Portuguese bank statement showing a stable balance of at least of at least €10,000 or more for a single applicant.)

  • Documentary proof of having accommodation in Portugal. (A property title deed, rental agreement or property loan agreement can be submitted to meet this criterion.)

  • Your passport, valid for at least 6 months beyond the expiry date of your D7 Visa.

  • Two recent passport size colour photos

  • A formal declaration outlining your motivations for seeking Portuguese residency

  • A comprehensive health insurance policy to the value of at least €30,000 per family member. These policies are generally pre-payable up front for a period of 12 months. However, you also have the option of submitting an affidavit stating that this insurance will be purchased in Portugal within 90 days of your arrival.

  • A clean criminal record certificate or apostilled police clearance letter.

What are the minimum stay requirements for the D7 Visa?

Time Period Minimum Stay Requirement Renewable At Subsequent Residency Renewal Period
Year 1 and Year 2 6 consecutive months, or 8 non-consecutive months per year. The end of year 2 3 years
Years 3 to 5 6 consecutive months, or 8 non-consecutive months per year. The end of year 5 Another 3-year residency, permanent residency, or citizenship.

Why choose to work with us?

✓ A track record of success – more 500 successful applications to date.

✓ A local team of seasoned Portuguese immigration experts.

✓ Highly competitive pricing – enquire now to put us to the test.

✓ Local industry leader – over 20 years’ experience.

✓ Services include application management, Portuguese bank account opening, tax numbers (NIF), obtaining proof of accommodation and a range of expat lifestyle management services.

✓ A deep understanding of application challenges – and how to overcome them.

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