Portugal’s D7 Visa provides residency status to non-EU citizens, including retirees, who intend to relocate to Portugal and are in receipt of a reasonable and regular passive income. Sovereign offers a concierge service to assist with applications.
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Portugal is located at the confluence of Europe, Africa and the Americas, at the southwestern end of the European continent. It borders with Spain and the Atlantic Ocean. The country is divided into 18 regions and two islands. The capital of Portugal is Lisbon. There are about 10.8 million people in the country, 97% of whom are Portuguese, and 85% are Catholic. Portugal has a pleasant climate and long hours of sunshine, with 300 sunny days a year. The average temperature is 17-28℃, and 8-14℃ in winter.
Portugal’s investment in education accounts for 5.8% of GDP, which is higher than Canada’s 5.2% and the United States’ 5.7%. Portugal implements free and compulsory education until the age of 18. The country has ample public and private universities. Some private colleges and universities cooperate with the United States, Britain, Germany, France and Switzerland to provide dual degree programs.
Portugal places great importance in medical care and has an extremely mature medical system. National public medical insurance accounts for 10% of the country’s total GDP. The average life expectancy of the Portuguese is 81.1. In addition to its good natural environment, a sound medical system is also one of its most attractive factors.
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Portugal is the leading destination for individuals and families seeking residence within the European Union. It offers a stable political and social environment, clear and transparent tax rules, good infrastructure, a favourable investment climate and an excellent quality of life. Most foreigners consider the cost of living to be low. The Portugal Passive Income Visa – also known as a D7 Visa – provides residency status to non-EU / EEA / Swiss citizens, including retirees, who intend to relocate to Portugal and are in receipt of a reasonable and regular passive income. In addition to the popular D7 Passive Income Visa, we also offer investment-based programmes like the Portugal Golden Visa. This option is ideal for those seeking a path through investment.
The key requirement for making a successful application is to be able to demonstrate that you are in receipt of regular ‘passive’ income, which may be derived from a pension, rental, dividends or certain categories of investment income. The minimum income requirements vary according to the number of dependants that the main the applicant wishes to include, as follows:
Appoint AT Express as your Fiscal Representative and open a personal bank account in Portugal.
Secure long-term housing in Portugal through purchase, rental, or loan agreement.
Submit the D7 Visa and attend an interview at the Portuguese Consulate.
Meet with AIMA to complete procedures and obtain your residence card.
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