March 16, 2024

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Everything You Need to Know About the D7 Visa in 2023. Complete guide on Residency

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Everything You Need to Know About the D7 Visa in 2023. Complete guide on Residency

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If you wish to move to a European country with a high quality of life, warm climate, and affordable living, Portugal should be at the top of your list. Portugal is a popular destination for digital nomads, retirees, and expats looking to enjoy a laid-back lifestyle, stunning beaches, and rich culture. If you're considering moving to Portugal, the D7 visa is an excellent option. In this article, we'll explore everything you need to know about the Portugal D7 visa.

Why Portugal ?

Portugal is one of the countries in Western Europe where foreigners immigrate with great pleasure. This is not surprising. Portugal is an adorable distance due to its characteristics: a comfortable climate, mountains and the Atlantic Ocean, a decent standard of living, developed areas of education and medicine, and a relatively low cost of living.

With residency privileges and a fantastic culture, moving abroad to live in Portugal is a no-brainer. For modern immigrants, Portugal has a lot to offer - from thousands of years of history to incredible sights, architecture, cuisine and climate. For the time being. Portugal is becoming a hotspot for international travel and immigration. 

Introduction to the Portugal D7 Visa

The Portugal D7 visa is a long-term residency visa for non-EU citizens who wish to live in Portugal. The visa is designed for those who want to retire in Portugal, work remotely, or start a business. The D7 visa allows you to live in Portugal for up to 2 years, with the option to renew every 3 years. The visa also allows you to bring your family members with you, including your spouse, children, and parents who are financially independent. 

Benefits of the Portugal D7 Visa

The Portugal D7 visa offers a number of benefits for those looking to move to Portugal:

  • The visa allows you to live in Portugal for up to 2 years, with the option to renew every 3 years;
  • You can bring your family members with you;
  • Possibility to work remotely or start a business in Portugal;
  • Visa-free access to the Schengen area;
  • Tax exemption schemes;
  • Portugal citizenship after 5 years of living in the country;
  • Portugal offers a high quality of life, with excellent healthcare, affordable living, and a warm climate.

Eligibility Criteria for the Portugal D7 Visa

To be eligible for the Portugal D7 visa, you must meet the following criteria:

  • Having a steady income or sufficient savings to support yourself and your family members ( at least 1,000 EUR per month);
  • Not having a criminal record;
  • Having health insurance that is valid in Portugal;
  • Not being in Portugal on a tourist visa or visa waiver;
  • Being able to provide proof of accommodation in Portugal;
  • Being  in good health.
If you are not sure that you can satisfy all the requirements, please contact us and we advise you accordingly on the best-fit solution. 

The Application Process for the Portugal D7 Visa

The application process for the Portugal D7 visa is straightforward. You must submit your application at the Portuguese embassy or consulate in your home country. The application must include the following documents:

  • A valid passport;
  • Proof of income or savings;
  • Health insurance;
  • Criminal record certificate;
  • Accommodation proof;
  • Application fee. 

Once you've submitted your application, it will be reviewed by the Portuguese authorities. If your application is approved, you'll receive a visa that allows you to enter Portugal. Once you arrive in Portugal, you must apply for a residence permit at the local immigration office.

The Portugal D7 Visa Timeline

The Portugal D7 visa timeline can vary depending on the embassy or consulate where you submit your application.

In general, it takes 2-3 months for the Portuguese authorities to process your application. Once your application is approved, you'll receive a visa that allows you to enter Portugal. You must then apply for a residence permit at the local immigration office within 4 months of your arrival in Portugal.

Citizenship Requirements in Portugal

If you're interested in obtaining Portuguese citizenship by naturalization, you must meet the following requirements:

  • Having a valid residence permit in Portugal;
  • Having lived in Portugal for at least 5 years;
  • Having basic knowledge of the Portuguese language;
  • Passing a citizenship test;
  • Not having a criminal record.

Please note that there is no need to obtain a permanent residence permit before applying for Portugal citizenship by naturalization. 

FINAL NOTE 

Who needs a D7 visa for Portugal? This immigration product is only available to non-EU/EEA citizens and non-Swiss citizens. The target audience is representatives of the following groups:

  • Retirees: This program is a first-class option for foreign retirees who want to spend their "golden years" in a resort country, receiving a reasonable and regular passive income from abroad.
  • Digital Nomads: Remote work enthusiasts are welcome - as long as you have sufficient and stable income.
  • Other passive income holders and financially independent persons: For example, rentiers secured by investments in securities, or homeowners who rent out real estate. Evidence of stable income and/or adequate savings is sufficient.
Portugal is an ideal destination for digital nomads and retirees looking for a high quality of life, affordable living, and a warm climate. The D7 visa offers an excellent opportunity to live and work in Portugal, while enjoying all the benefits of this beautiful country. If you're interested in applying for the Portugal D7 visa, contact Golden Harbors today to learn more about our visa services. 

Portugal

Residence Benefits

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Visa-free entry to

The E.U. and the Schengen Area countries

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Global mobility and freedom

8-9 months.

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An opportunity to live in any EU country

No residence limits in Portugal, and up to 90 days per year in other EU countries

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Global mobility and freedom

No tax on global income for 10 years, and a 20% exemption in income tax for NHR holders

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Return on investment

Partaking in investment funds, purchasing hotel shares or rental property with an annual return of up to 7%, and a return on initial investment in 5 years

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Global mobility and freedom

Expansion and entry to the international market

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The prospect of acquiring EU citizenship in 5 years

For investors who retain assets and extend their residence permit under the Golden Visa program terms

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Global mobility and freedom

No need to renounce your existing citizenship in the future when obtaining a Portuguese passport

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US E-2 visa

After obtaining Portuguese citizenship, you have access to a US E-2 investor visa

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Global mobility and freedom

Portugal

Residence Permit

Processing Time and Terms

Enter your estimated application start date for Portugal golden Visa and receive a clear timetable for the entire procedure.

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Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

1

We sign a cooperation agreement with you and conduct preliminary due diligence.

7

We apply for a Portuguese tax ID (NIF), open a bank account and finalise the sale.

14

We prepare the document package and submit your application to the Migration Service (SEF).

90

Review of the documents and receipt of positive preliminary decision.

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You visit Portugal and submit your biometric data.

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We receive the final positive decision and we dispatch your residence permit card by the DHL courier service.

There are Always Options to EXPAND YOUR BOUNDARIES! Let's Discuss Yours

Every client is unique

Every case requires an individual approach and solution. Our years of experience in the industry allow us to provide both.

We will answer all your questions and provide detailed information about the available second passport and residency programs to help you make the right choice.

Victoria

Lead Attorney at Golden Harbors

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Victoria

Lead Attorney at Golden Harbors

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