Non-EU / EEA or Swiss citizens seeking to apply for Portuguese residency can use the D7 visa as a great source. This fantastic visa for immigration allows individuals to travel to Portugal but requires they can prove their income in order to provide for themselves. It is easy to relocate abroad and explore the rich culture and people of Portugal by merely a little of planning and the evidence of financial security. With the D7 visa in hand travelers can be confident to discover all that Portugal offers, inside and outside of its stunning borders.
Portugal is a wonderful location to retire or increase your income. Portugal has the D7 visa. It allows foreigners to keep their residency status in Portugal without any obligation to invest in the economy. All they need to keep their residence in Portugal is proof the applicant has earned pension money from abroad or evidence of any other income that is legitimately recurring and proof that they have the ability to show that the minimum annual tax-deductible amount for them is EUR7,630 per person, or EUR15,260 per household. This is a fantastic option for people who are looking to stay long-term without having to invest an enormous amount of money up front.
Portugal’s D7 visa lets anyone travel to Portugal with its stunning landscape and unforgettable experiences. The D7 program is straightforward, and applicants need to show enough funds to support themselves. This could be in the form of an income that is guaranteed or a monthly transfer to another country or simply the bank statement of EUR6500 per year. The Portugal visa is unique in that it permits all types of travelers to visit the destination without the need for a job offer or waiting for months to get an approval for a residence permit. Processing time typically takes about 15 days. A D7 visa holder is able to apply for Portuguese citizenship after six years of living in Portugal for six years.
If you are a retiree looking to move overseas, Portugal is an increasingly appealing option due to the D7 Visa. This visa that is based on investments provides holders a number of advantages: up to ten years residency with no requirement for citizenship or permanent residence, as well as the ability to travel freely throughout the Schengen Zone countries. You can also reapply elsewhere within the country for any investments you make within five years from the date you received your visa. Portugal’s friendly climate, social security program, and liberal policies regarding foreign real estate investments will all be of benefit to those who retire and choose the D7 visa. It’s easy to see the reason Portugal is the best option to retire in retirement with the D7 visa.
For more information, click D7 Visa Portugal