Non-EU / EEA or Swiss citizens who are looking for Portuguese residency are able to use the D7 visa as a useful source. This visa is a great option for anyone wanting to immigrate to Portugal. However, they must also show proof of their income in order to be able provide for themselves during their stay. With some planning and financial stability, it is possible to live and enjoy the Portuguese culture and community. The D7 visa permits tourists to visit Portugal and experience everything it can offer.
If you’re in search of the perfect place to relocate to have a relaxing retirement, or to just increase your earnings, Portugal is ideal with the D7 visa. The D7 visa permits foreigners to retain their residency status in Portugal without any investment restrictions. All they need for them to remain in Portugal is proof the applicant has received pension benefits from abroad, or proof of any other legitimate income, and proof that they have the capacity to demonstrate that the annual minimum tax amount for them is EUR7,630 for an individual or EUR15.260 for a household. The fact that there is no requirement for investments makes this an attractive option to those who want an extended stay, but without the need to invest a significant amount of money up front.
Portugal’s D7 visa is the top visa for residents who are not EU citizens since it provides virtually anyone the opportunity to live in this beautiful country with many memorable moments and breathtaking sights. The D7 program is very simple and the requirements are fairly reasonable when you consider that applicants must demonstrate sufficient funds to sustain themselves. This can take many forms from a guaranteed pension, monthly transfer from abroad or a valid bank statement amounting to EUR6500 per year. The distinct feature of the Portugal visa is that all kinds of expats are able to visit Portugal without having to wait for approval or an offer. The process typically takes just 15 days. The D7 visa holders have the right to enjoy affordable healthcare services and may apply for Portuguese citizenship after six years they have lived in Portugal. This is why it is the most attractive alternative.
Portugal is becoming a more appealing destination for retirees who wish to move abroad. The D7 Visa is an investment-based one with a number of benefits to holders. It permits the possibility of a ten-year residency without the need to be the permanent resident or citizen, and freedom of movement within the Schengen Zone countries. In addition, the money invested upon obtaining the visa can be recouped after only five years and reapplied elsewhere within the country. Portugal’s friendly climate, social safety programs, and relaxed policies regarding foreign real property investments are all advantages to retirees who choose the D7 visa. These factors contribute to making Portugal the top option for retirement living.
For more information, click D7 Visa Portugal
