Residence permits for citizens of other countries who are financially independent. D7 visa type.

It is a type of residence permit that presupposes a permanent legal passive income.

Who can receive this type of residence permit?

• Persons who intend to and are prepared to reside in Portugal for 183 days per year.
• Persons who can certify a documented, legal, stable, passive income.

Requirements:

The monthly income per applicant = EUR 725 (as of 2022). In case of a family move, there is a minimum passive income requirement of 1/2 of the subsistence minimum for the second spouse and 1/3 of the subsistence minimum for each child.

A sufficient amount of passive income to live in Portugal:

• Principal applicant: subsistence minimum = €8,700 per year,
• Adults (persons over 18 years of age): 1/2 of the subsistence minimum = €4,350 per year,
• Children under 18 and financially dependent children – 30% of the subsistence minimum = €2,610 per year.

Permitted sources of passive income for applying for a residence permit in Portugal:

• rental income from real estate,
• dividends from legal entities,
• dividends from bank deposits and securities,
• payments for copyright and royalties,
• pensions and insurance payments.

The required procedures are:

• complete the forms and declarations,
• attach the relevant documents to the D7 visa application form,
• submit the documents to the Portuguese diplomatic representation.

Following the acceptance of the application for a residence permit in Portugal, the applicant is granted a D7 Rentier’s Visa. The visa is valid for a period of 4 months. Once you have entered the territory of Portugal, you must apply for a residence permit. This type of visa enables you to stay legally in Portugal throughout the entire period of waiting for a residence permit decision, even if it exceeds the indicated 4 months.

Procedure for obtaining a D7 – Retirement Visa

Preparing all necessary documents* in order to apply for residence:

• completed visa application form,
• 2 photos (format 3×4),
• original foreign passport and copies of all pages,
• documents verifying your financial situation (the availability of the minimum necessary funds for your stay in Portugal), this can be a bank account statement,
• documents verifying the availability of accommodation in Portugal (flat or house rental contracts, documents confirming the availability of real estate property in the country),
• apostilled certificate of cleanliness (absence of criminal record),
• a signed authorization from the applicant to check the criminal status of the applicant (criminal record in Portugal),
• full medical insurance (it is essential). *All documents must be notarized and translated into Portuguese.
• for retired people, they should additionally provide the following documents: a copy of their pension certificate, with obligatory indication of the amount of their pension.

1. Apply documents to the Consulate of Portugal in your country of residence (personal presence is compulsory),
2. Once the documents are successfully submitted, the average waiting time for a decision is 60 days.
3. Take back the documents (passport) with the D7 visa stamped on it,
4. Upon arrival in Portugal, you need to contact the local SEF (Immigration Department) https://www.sef.pt regarding the issuance of the residence permit.
5. You can apply for citizenship after 5 years of residence in Portugal.