Is it your lifelong dream to spend your Golden Years in a charming European country? If so, your dream retirement may be closer than you ever thought possible.
Portugal, which recently was named one of the top 3 safest places in the world, has launched a new visa program that allows residents of the US, South Africa, UK, China, and elsewhere to establish permanent residency and eventual citizenship with a minimal investment of time and money.
The D7 Portugal 2021 Visa is an easy, affordable way for you, your spouse, and even your family to retire in comfort and luxury as a permanent resident of Europe in as little as 3 to 6 months. And don’t be fooled by the name: You don’t have to wait until you are retirement age to take advantage of this incredible opportunity for European citizenship!
How the D7 Visa Works
Portugal has begun taking applications for its innovative D7 visa program, which grants a temporary residency permit while creating a clear path to permanent residency and, eventually, Portuguese citizenship.
This exciting new program –which is also known as the Portugal Retirement Visa or the D7 Passive Income Visa — can finally open the door to European citizenship to you and your loved ones both quickly and affordably. Once your application is approved, you will be issued a two-year D7 visa (previously one-year) which can then be renewed for three additional years as long as you continue to qualify for the program.
And unlike visa programs in Italy, Spain, and other European countries, you can continue to work and conduct business from Day One while living in Portugal.
Some conditions apply. For example, you must spend a minimum of 183 uninterrupted days in Portugal in order to qualify for visa renewal. Or you can live in-country for eight months of the year with various absences in between.
Why the Portugal D7 Visa?
Many European countries have started to offer visas to outsiders. But most have cumbersome rules, require a hefty investment, and force you to wait years or even decades before you actually are granted citizenship.
The D7 Passive Income Visa is fast and easy. Plus, it requires minimal investment of time and money. And from the day you send in your application, you can enjoy Portuguese residency in as little as four to six months.
You don’t need to buy a home or commercial property in Portugal, invest hundreds of thousands of Euros, or be involved in the day-to-day operations of a local business. You also don’t have to be separated from your family. Thanks to the European Union reunification law, you can include your spouse, your dependent children, and even your elderly parents in your single application.
Affordable, Easy Requirements
In order to attract the best applicants from around the world, Portugal has made the requirements super simple.
Single applicants only need to show proof of a stable passively derived income of just €635 per month, or €7,620 per year. Combined passive income for married couples is just €1,271 per month or €15,252 per year. And for children under the age of 18, the minimum passive income required per child is just €190.50 per month or €2,286 per year.
And if you or your spouse have elderly parents that are financially dependent on you, they can be included too, provided you have the financial means to house and support them in your home.
Defining Passive Income
So what does passive income include? It’s simple: Things like pension payouts, royalties, rental incomes from real estate or intellectual property, company dividends (as long as you aren’t active in the management of the business), and earnings from long-term, fixed-rate financial investments.
The Portugal D7 Retirement Visa is one of the fastest, easiest, and most affordable ways for you and your family to realize your dream of living in Europe. To learn more and to get the process started, click here to contact BRINT Portugal, the Portugal D7 Visa experts.