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D7 Visa - Portugal

What makes Portugal special?

Whether it's the climate, safety, infrastructure, beaches, low cost of living, or all of the above, Portugal continues to be chosen as the best country in the world to retire. In other words, this country tends to be associated with a tranquil life, pleasant weather, and friendly people without being intrusive. Coincidentally, it offers flexible opportunities and visas for individuals aiming to reside in this country.

¿What is the D7 visa?

Also known as a passive income or retirement visa, this type of visa allows individuals from other countries - outside the European Union - with high incomes to temporarily reside in Portugal. This visa is intended for individuals with passive incomes who can financially sustain themselves during their stay in Portugal.

¿Why does the D7 visa exist?

This type of visa was introduced in 2007, and is known by some as the "retirement visa" because its target audience is individuals with passive incomes or incomes that require little or no effort to maintain. The Portuguese government, which approved the enactment of this law allowing living in Portugal, aimed at several objectives, such as: (i) providing a backdrop for foreigners to obtain residency in Portugal; (ii) attracting talent and globally-minded professionals; (iii) boosting investments and capital flow within the country; among others.

¿What are the advantages of obtaining the D7 visa?

This visa is special because it grants Portuguese residency rights to foreigners, such as: (i) access to Portuguese healthcare services; (ii) access to local educational services and schools; (iii) access to professional and occupational training, as well as retraining; (iv) legal protection and access to Portuguese legislation; (v) the opportunity to work as a self-employed professional; among others. Moreover, it allows for the computation of time in order to qualify for permanent residency and/or Portuguese nationality, which in turn implies obtaining the status of a European Union citizen.

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You can check if you meet any of the requirements and schedule an appointment with our lawyers to clarify all your doubts.

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