Non-EU/ EEA and Swiss citizens seeking for Portuguese residency are able to use the D7 visa as an excellent resource. This visa is an excellent option for anyone who wants to move to Portugal. However, they must also show evidence of their earnings in order to be able pay for their expenses during their stay. That means with just a little bit of planning and proof of financial security, it’s easier than ever to live abroad and enjoy the rich culture and community which is Portugal. The D7 visa allows visitors to visit Portugal and take advantage of everything it has to offer.
If you’re in search of a place to relocate and enjoy retirement or just supplement your income, Portugal is ideal with the D7 visa. Foreigners can retain their residency in Portugal without any financial investment requirement. The only requirement is proof of income from pensions overseas or other recurring income from the country they reside in is required. In addition, the applicant must be able to prove that they earn a minimum taxable income of EUR7.630 per person, and EUR15.260 per family. The absence of any compulsory investments makes this an attractive option to those who want a long term stay without committing a large sum of money in advance.
Portugal’s D7 visa is the top residence program for citizens of non-EU countries as it allows virtually anyone the chance to live in this incredible country with the most memorable memories and stunning sights. The D7 program is very simple and the criteria are reasonable given that applicants only need to show enough funds to support their own needs. This could be as a guaranteed income or a monthly transfer to another country or a bank statement for EUR6500 per year. What is what makes the Portugal visa unique is that it allows all sorts of expats the chance to visit this destination without having to accept a job offer or having to wait months to get a residence permit . As said, processing time usually will take around 15 days. D7 visa holders are eligible for a variety of benefits. D7 visa holders enjoy the right to access affordable healthcare and can apply for Portuguese citizenship after six years they have lived in Portugal. This makes it the most desirable option.
Portugal is increasingly becoming an attractive option for those who wish to move abroad. The D7 Visa is an investment-based one that offers a variety of benefits for holders. It grants the possibility of a ten-year residency without the need to be the permanent resident or citizen, as well as mobility within Schengen Zone countries. Additionally, the investments made when you get the visa can be returned after just five years and can be reapplied for elsewhere within the country. Portugal’s warm climate, social security program and open policies in relation to real estate investment from abroad will all be of benefit to those who retire and choose the D7 visa. With these aspects in mind it’s clear why the D7 visa makes Portugal an excellent choice for retirement.
For more information, click D7 Portugal