D7 Passive Income Visa
The Portugal Passive Income Visa, or D7 Visa, is part of the Portugal residence permits
program introduced by the Portuguese government in 2007.
For D7 visa purposes, passive income includes earnings from activities not actively pursued, such as rents, royalties, dividends, and interest from financial investments, among others. However, it is important to note that this visa also allows the applicant to pursue any professional activities while residing in Portugal, broadening the individuals who want to apply for this type of visa.
To qualify, applicants need a minimum yearly income of €9,840, equivalent to Portugal’s minimum wage. If a second adult is involved, such as a spouse or partner, they must have 50% of that amount (€4,920 per year), and for each dependent child, 30% (€2,952 per year). These criteria apply universally, regardless of the applicant’s country of origin.
The Portuguese Citizenship
The Portugal D7 visa, when converted into a residency permit, grants applicants access to Portuguese Citizenship or Permanent Residency after five years of legal residency, provided the applicant obtains an A2 level language certificate.
It is important to note that the initial residency card has a validity of two years, after which it can be renewed for an additional three years.
PORTUGUESE LAW
Under Portuguese law, applicants for this Residence Visa must provide evidence of having a net regular passive income – such as a pension, rental income, interest, dividends, or intellectual property income – deemed sufficient to support their family unit in Portugal. We recommend having at least €12,000.00 per year, with an additional 50% of this amount for the spouse and 30% for each dependent child, as this is generally considered sufficient. However, please be aware that Consulate officers assessing your request have discretionary power.
The applicant for the D7 Visa must satisfy the following conditions
- Attain adulthood, being 18 years or older.
- Maintain a clean criminal record, with consideration given only to offences punishable under Portuguese law.
- Possess a Portuguese Tax Identification Number (NIF). Establish a bank account in Portugal.
- Secure a rental agreement and/or specify a residential address within Portugal.
- Commit to residing in Portuguese territory for a minimum of 16 months within the initial two-year period.
NOTE:
Portugal Passive Income D7 Visa Application Process Starting a D7 Visa application is a detailed process, requiring careful attention and a good understanding of the Portuguese legal framework and requirements.