D7 Visa Program, also referred to as the “Non-Lucrative Residency Visa” or the “Passive Income Visa” in Portugal. This exclusive program aims to attract foreign retirees with stable pensions or individuals with stable investment income, including movable or immovable assets, financial investments, and more, to settle in Portugal. Its primary purpose is to grant applicants and their families a residence permit, allowing them to establish their residence in Portugal.
Application Requirements
1. Main Applicant: The main applicant must have a minimum passive monthly income of 1,300 euros. However, it is important to note that higher income levels are advantageous.
2. Spouse or Parents: For each additional spouse or parent to be included into the application, the minimum income requirement for the main applicant increases by 50% of their income threshold.
3. Children: For each additional children to be included into the application, the minimum income requirement for the main applicant increases by 30% of their income threshold.
Program Benefits
1. No Property Purchase or Investment Requirements
Our program stands out by not imposing any property purchase obligations or investment requirements. This lowers the initial capital required, making it an attractive option for individuals seeking affordable immigration solutions.
2. Enjoy Equal Rights and Benefits as Portuguese Residents
Applicants are granted the same rights and benefits as Portuguese residents. This includes access to high-quality free public healthcare, elite education in public schools, and social security benefits, providing a secure and comfortable living environment.
3. Freedom of Movement within the Schengen Area
Visa holders can enjoy unrestricted travel within the Schengen Area, comprising 27 European countries. This allows for convenient exploration of diverse cultures, landscapes, and business opportunities.
4. Path to Permanent Residency or Portuguese Citizenship
After a period of five years, participants are eligible to apply for permanent residency. For those seeking even greater opportunities, there is a pathway to acquiring Portuguese citizenship, providing global mobility and extensive rights.
5. Tax Benefits
Applicants can take advantage of favorable tax policies, including a 10-year period of low or no income tax. This encompasses various income streams such as retirement income and real estate earnings, ensuring financial stability and freedom.
