SEF Resumes Biometrics Appointment Bookings for Golden Visa Applicants (Except for Renewals)
“The real backlog”, says Pedro Catão Pinheiro, “is still ahead of us. It will come with the wave of applications filed on June 15th.”
For those willing to physically spend most of the year in Portugal, the D7 visa offers a relatively quick, low-cost route to residency – and eventual citizenship – in Portugal.
As an independent means visa, the D7 requires no investment but, rather, that the applicant demonstrate sufficient recurring income or savings.
Those who qualify can bring their families and will have the right to work and conduct business within Portugal as independent professionals.
Individuals who would like a residence permit in Portugal without the need to be physically present may consider the Portugal Golden Visa instead.
Program Type | Independent Means Visa |
Time to citizenship | 5-6 years |
Time to permanent residency | 5 years |
Minimum investment | None. Proof of sufficient passive income or savings (See How to Qualify) |
Physical presence requirement | 183 days per year |
Application processing time | 3-4 months |
Citizenship grants visa-free travel to | 187 destinations, including Schengen countries and US |
Contribution types available | No contribution required |
General program requirements
The three main requirements for the D7 visa are:
A. Demonstrate financial self-sufficiency
Individuals who can prove they have either a high enough recurring (and passive) income or sufficient savings to sustain themselves in Portugal for the duration of the visa.
The minimum monthly income required is EUR 705 for a single applicant, EUR 1,057.5 for a married couple, and EUR 211.5 per additional dependent.
For savings-based applications, the minimums are EUR 16,920 savings for a single applicant, EUR 25,380 for a married couple, and EUR 5,076 per additional dependent.
B. Show proof of accommodation in Portugal
This can be in the form of a long-term lease, a property the applicant has purchased, or a residence placed at the applicant’s disposition by a third-party.
C. Proof of EU-wide health insurance for all family members
All parties to the application must have EU-wide medical insurance with a coverage of no less than EUR 30,000 per person. This must be pre-paid for 12 months.
Program benefits
Requirements to qualify for citizenship
After the completion of the fifth year of residency an investor may apply for permanent residency. After the investor receives permanent residency, he can immediately apply for citizenship. To obtain citizenship, the applicant must pass a language test.
Applications for this program may be directed to:
Borders and Immigration Service (SEF)
Legislation upon which this program is based:
Article 58, paragraph 1, of Law number a23/2007, of 4 July, and Article 24 (d) of Regulatory Decree No. 84/2007 of 5 November
No statistics available yet for this program.
As the hub for investment migration professionals, IMI is regularly in touch with program specialists in every corner of the globe.
Tell us a little about your situation and what you need so that we may put you in touch with the right advisors.
“The real backlog”, says Pedro Catão Pinheiro, “is still ahead of us. It will come with the wave of applications filed on June 15th.”
Portugal’s ruling Socialist Party, which controls Parliament, has made its position clear: The golden visa program is not going anywhere.
After six months of stagnation, the SEF has begun accepting new golden visa applications once more.
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After 16 months of attempting to engage a Kafkaesque bureaucracy on the golden visa crisis, the founders of PAIIR are ringing the alarm bells.
How soon could crypto-tax become a reality in Portugal? And could Portugal remain a relative crypto tax haven even with taxes?
Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.
Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.
Bulgaria Investor Program (discontinued)
Malta MEIN
Programs that offer residence permits within months in exchange for passive investments, with limited physical presence requirements.
Andorra Residence Without Lucrative Activity
Anguilla Permanent Residency Program
Australia BIIP Investor Streams
Bahamas Economic Permanent Residence
Brazil Investor Visa (VIPER)
Cayman Islands Investor Visa
Costa Rica Investor Visa
Curaçao Investor Permit Program
Cyprus Golden Visa
Greece Golden Visa
Guernsey Investor & Entrepreneur Residency
Ireland Immigrant Investor Program
Italy Investor Visa
Latvia Investor Visa
Luxembourg Investor Visa
Malaysia M2H Visa
Malta Permanent Residence Program
Mauritius Permanent Residency Program
Monaco Carte de Séjour
Netherlands Investor Visa
New Zealand Investor Visa
Nicaragua Investor Permanent Residency Program
Panama Qualified Investor Visa
Philippines Special Investor Residence Permit
Portugal Golden Visa
South Korea Investor Visa
Spain Golden Visa
Thailand Elite Residence Program
UK Investor Visa (discontinued)
United States EB-5
Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.
Argentina Rentista and Pensionado Residency
Greece FIP Visa
Indonesia Retirement Visa (KITAS)
Italy Elective Residency Visa
Jersey High Value Residency
Mexico Legal Residency Visa
Nicaragua Pensionado and Rentista Visas
Panama Rentista Retirado Visa
Paraguay Permanent Residency Program
Portugal D7 Visa
Spain Non-Lucrative Visa
Uruguay Independent Means Visa
Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.
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