The D7 visa is an excellent source for non-EU EEA or Swiss citizens looking to get Portuguese residency. The visa is a good alternative for those looking to immigrate to Portugal. However they need to present proof of their income in order to be able pay for their expenses during their stay. With some planning and financial security, you can live and enjoy Portugal’s culture and social life. With the D7 visa, travelers will be able to discover everything Portugal offers, inside and outside of its stunning borders.
Portugal is an ideal place to retire, or even supplement your income. Portugal has the D7 visa. Foreigners can remain in Portugal with no financial investment requirement. The only requirement is proof of income from pensions abroad , or other periodic income source from the country they reside in is required. The applicant has to show that they have an annual minimum taxable earnings of EUR7.630 per person, and EUR15.260 per family. The fact that there is no requirement for investment makes this a desirable option to those who want an extended stay, but without having to pay a huge amount of cash upfront.
Portugal’s D7 Visa is the best option for non-EU citizens who want to reside in Portugal. It allows nearly all people to have a home to call home, and enjoy amazing moments and breathtaking sights. The D7 scheme is extremely straightforward and the conditions are very reasonable, considering that applicants must demonstrate sufficient funds to sustain their own needs. You can get a guaranteed pension and a monthly transfer from a foreign country or just your bank statement which indicates EUR6500 per year. This Portugal visa is unique because it permits all kinds of travelers to visit the destination without having to have a work offer or waiting months for a residence permit approval. Processing times typically take around 15 days. Furthermore, those with a D7 visa can enjoy low-cost healthcare and are able to apply for Portuguese citizenship after 6 years of living in the country – making this option the most appealing option there is!
Portugal is becoming an increasingly attractive destination for retired individuals who are looking to relocate to another country. The visa is based on investment and has many advantages. A person with a visa can stay in Portugal as long as ten years without having to acquire permanent residency or citizenship. The visa holders also are able to travel in the Schengen Zone countries. Even better, investments made after obtaining the visa may be recouped after only five years and reapplied elsewhere in the country. Portugal’s friendly climate, social security programs and relaxed rules on foreign real estate investment are all advantages for retirees who select the D7 visa. These are the factors that contribute to making Portugal an ideal choice for retirement living.
For more information, click Retirement visa portugal