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 with Portugal D7 retirement visa
Portugal, which recently was named one of the top 3 safest places in the world, has launched a visa program that allows residents of the US, South Africa, Russia, and elsewhere to establish permanent residency and eventual citizenship with a minimal investment of time and money.
The Portugal D7 Visa is an easy, affordable way for you, your spouse, and 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!
Passive Income Visa
The Portugal D7 Retirement Visa is a fast and affordable way for you and your family to realize your dream of living in Europe.
How the Portugal D7 Visa Works
Portugal D7 visa program grants a temporary residency permit while creating a clear path to permanent residency and, eventually, Portuguese citizenship.
This exciting 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.
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.
It’s also suitable for remote workers and digital nomads.
Despite often being referred to as the “passive income visa,” many people that apply for the D7 visa are full-time remote workers, freelancers, or entrepreneurs.
Regardless of whether they’re actively or passively earning their income, the common denominator between all of these people is that they’re bringing their own source of income to Portugal.
The Portugal D7 Retirement or Passive Income Visa is one of fast, easy, and affordable for you and your family to realize your dream of living in Europe.