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. As of 1 January 2022, the minimum required amount is going up to €705 per month (€8,460 per year).
It is, however, highly advisable to treat this as the absolute minimum requirement. The higher your passive or recurring income earnings, the more likely the chances that your visa will be approved.
As of May 2021, the minimum stable, recurring income requirements for the D7 program are as follows:
|MINIMUM RECURRING INCOME REQUIREMENT (2022)
||PER 2 YEARS (MINIMUM AMOUNT FOR SAVINGS BASED APPLICATION)
|Per Additional Adult Dependent
|Per Additional Minor Dependent
|Per Family of 4 (2 minor children)
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 €8,460 x 2 (€16,920) for the primary applicant, and an additional €8,460 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 €5,076 (30% of the minimum wage for 2022 x 24 months).