D – 7 VISA

The D7 visa is a Residence Visa for retirees or passive income holders who want to live in Portugal. One of the requirements is to prove that the applicant has the minimum passive /pension income set by the immigration law that allows him to reside in Portugal, for a period of not less than 12 months.

BENEFITS

• Moving to Portugal at the lowest cost.
• Visa-free travel across the Schengen Area
• Tax Optimization.
• If NHR registered tax bracket will come between 10% – 20 %
• Portugal Citizenship in Five years.

REQUIREMENTS

• Portuguese NIF (Tax number).
• Bank Statement (3 months)
   ✓ 1st adult (applicant): 100% of the current minimum salary (€ 705) = € 8,460/year.
   ✓ 2nd or more adults: 50% of the current minimum salary (€ 353) = € 4,236/year.
   ✓ Children and young people under 18 years and children over the age of 18 → 30% of the current minimum salary (€ 212) = €2,544/year.
• Proof of Accommodation (Rental Agreement).
• Health Insurance.
• Clean Criminal Record.
• Living 16 months in 2 years (Consecutively).
• Processing time 4-6 months (Depending on Nationality).

D – 2 VISA

The D2 visa is intended for entrepreneurs and business owners. It allows entrepreneurs, freelancers, and independent service providers to reside in Portugal. This visa only applies to non-EU/EEA/Swiss citizens who wish to start a business or relocate their existing business to Portugal. You can also choose to invest in an existing business in Portugal.

BENEFITS

• Moving to Portugal at the lowest cost.
• Visa-free travel across the Schengen Area.
• Tax Optimization.
• Portugal Citizenship in Five years.

REQUIREMENTS

• Portuguese NIF (Tax number)
• Prove Financial Self-Sufficiency
    ✓ Minimum £5000 Paid up Capital.
    ✓ Company Formation.
    ✓ Well- Structured Business Plan.
    ✓ Bank Account Opening.
    ✓ Minimum £8500 Bank Statement.
• Proof of Accommodation.
• Health Insurance.
• Clean Criminal Record
• Living 8 months in 2 years (Consecutively)
• Processing time 6-9 months (Depending on Nationality)

Portugal has launched a new one-year digital nomad visa. Under the new scheme, remote workers will be able to live and work in the country for up to 12 months. To qualify, applicants must earn at least €2,800 per month – four times Portugal’s minimum wage. “Portugal is a country for immigration”.

Timeline for Applying for a Portugal Digital Nomad Visa

Processing periods depend on the country you are applying from, but you can usually expect your initial visa application to take 3-4 months to be processed and approved. Once you are in Portugal, you need to visit the SEF to get your residence permit.