Portugal introduced the D7 Visa in 2007, also known as the Retirement Visa and Passive Income Visa. This Visa is for non-EU/EEA/Swiss citizens. It allows them to apply for temporary residence in Portugal. However, the applicant must be in receipt of a regular and reasonable passive income.

What benefits can applicants expect from the D7 Visa?

1 – Permission for Portugal to live, work, and/or study

2 – Parents and children can be extended by the applicant

3 – Travel in the Schengen Area that is not visa dependant

4 – Possibility to start a business in Portugal or accept a job offer

5 – Finally, take advantage of the tax advantages when applying for the Non-Habitual Residency Scheme

6 – The applicant can qualify for the visa after a period of five years, provided that a renewal has been made on all visa applications.

Permanent residency or Portuguese citizenship

7 – Portugal’s resident rights, which include education and healthcare.

What are the requirements for D7 Visa eligibility?

1 – Are a Non-Eu/EEA/Swiss Citizen

2 – Evidence of financial self-sufficiency during your stay in Portugal

3 – Clean criminal record

4 – Evidence of residency in Portugal

5 – You must spend at least 16 months in Portugal during the initial 2 year period after your application.

What are the Passive Income Requirements for D7 Visa Eligibility

1 – Evidence of regular passive income, from a pension, rental, dividend, or other financial investments

2 – Minimum income requirements exist. These are dependent on how many dependents are included in the household.

application. A minimum passive income of EUR8,460 per annum must be shown by the applicant (+50% for a spouse).

+30% (for a child).

3 – It is recommended that the applicant has a Portuguese bank account with a minimum of 12 months’ income

Could the D7 Passive Income Visa be the Answer for UK Nationals after Brexit? The D7 Visa may be the solution for British citizens who cannot afford to invest in property or don’t find the right place for their home.

 

The D7 Visa allows UK citizens to regain EU rights lost after Brexit. After 6 years, permanent residency or citizenship can be obtained. This visa allows for freedom to travel to Portugal and to travel throughout the Schengen region. It also gives the right to study, work, and live in any EU country.

We would be delighted to assist you in the purchase of your Algarve home, a luxurious and beautiful nook in Portugal, whether it is for investment purposes or to allow you to travel freely in Europe.

“In 2021, 370 Portuguese citizens were expelled/deported/removed to Portugal, of which 276 (74%) are from European countries and 94 (26%) from outside Europe”, says last year’s RASI, approved this week.

According to the report, the increase in deportations of Portuguese citizens was around 22% due to “the relief of restrictive measures adopted to mitigate effects of the pandemic crises of covid-19”, specifically the reopening airspace and the resumption immigration services worldwide.

RASI highlights expulsions from Portugal, where 95 were deported. Next came France (50), United Kingdom (42) and Luxembourg (32) and Sweden (10). Germany (9), Finland (7) and Denmark (4) followed by France (9), Finland (7) and Belgium (5). Austria, Greece, Switzerland and Switzerland were also deported (two each), and Hungary and Montenegro each.