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D7 VISA APPLICATION

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ziegelaa2001

HI:


If I apply for a D7 visa, and show enough savings for the first year ,does that suffice?


I have enough and over and also retirement accounts?


Can people work with this visa?



Thoughts

Sharon

JohnnyPT

Hi Sharon, Welcome.


Some info here:


Experience sharing about Visas to Portugal (D7 & others)

https://www.expat.com/forum/viewtopic.php?id=971460


(D7 visa & others) - Minimum Resources

UPDATING for 2024

https://www.expat.com/forum/viewtopic.p … =2#5775987

(Post #56)


Regards

Nia Queiroz

@ziegelaa2001

Savings are not considered for D7. You need to show proof of monthly passive income. Thia can be from pensions or investments. ***

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Lea M27

I have investment accounts that exceed the passive income requirements if we took a more conservative strategy.  Would this be sufficient?

JohnNAnya

@ziegelaa2001 no you need permanent passive income at least equal to the Portuguese minimum wage per year. That's either a pension or annuity only.

sarazindarci

@ziegelaa2001

With a D7 you can not work. That is a retirement visa. We only had to show enough savings for a year and our monthly income as well as health insurance.

Perpetual_traveler

@sarazindarci - you should make absolutely certain before advising like this. You are categorically wrong.


@ziegelaa2001 You are 100% allowed to work, start a business or do any other form of commercial activity. The D7 Titulo de Residencia card has the words "Permite o exercicio de activ. profissional" on the back, granting you those rights.

JohnnyPT

@sarazindarci,


The D7 visa is a passive income visa, i.e. income that does not come from work. But with this visa you can have a residence permit and then do whatever you want: dependent/independent work, remote work, doing nothing, open a business, etc...

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