Portugal D7 Visa - Fixed residency for retirement purposes or people living out from individual revenues
Retirement Visa
Portugal is a popular retirement and vacation destination for Europeans because it is a safe country with wonderful weather. Therefore, the Portugal D7 Retirement Visa is an ideal immigration program for those planning to retire in Europe. The application requirements for this program is very simple and do not require making any investment.
Benefits
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Can include spouse, minor children, dependent parents, grandparents and dependent major children
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Pathway to permanent residence and citizenship
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No investment required
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Simple and speedy application procedures
Requirements
To be eligible, you must be a third-country national who:
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Has a clean criminal record from your country of residence and from Portugal
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Has demonstrated one of the following:
- A proof of retirement and declaration issued by the Department of Human Resources and Social Security mentioning your monthly pension amount
- A proof of stable passive income meaning a monthly income equivalent to Portugal’s minimum monthly wage through real estate revenues, financial investments or bank deposits
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Has proof of accommodation in Portugal
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Has demonstrated sufficient liquid funds equivalent to 1 year of expenses in Portugal
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Has a valid and suitable travel medical insurance for at least one year including medical expenses such as urgent medical care
Procedures
Step 1 : Retain Anlex Consultants to assess and prepare your application
Step 2 : Portuguese Taxpayer Identification Number (NIF
Step 3：Obtain an individual Portuguese Bank Account
Step 4：Prepare and submit the application to the Consulate/VFS Global Centre
Step 5：Issuance of Temporary Resident Visa [if application is approved]