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Portugal

Last updated on February 15th, 2022 at 03:24 pm

Portugal

Wealth Visa

Residency in Portugal is regarded by many as the best route towards European Citizenship. Under the Portugal D7 Visa and Residence Permit, also known as Retirement Visa or Passive Income Visa, you can gain residence in the country as long as you can financially support yourself without taking up employment in Portugal.

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Learn more about the Portugal Wealth Program

Capital City

Lisbon

Visa free countries

26 (Schengen Area)

Total area

92,090 km²

Languages

Portuguese

Currency

Euro €

Population

10.8 million (2017)

Time Zone

Western European (UTC)

Portugal Golden Visa

Visa-free travel in the Schengen Area

Qualify for citizenship after 5 years of permanent residency

Residency granted within 180 days

Minimal residency requirements

Download The Country Factsheet



Download the Country Factsheet

Application Process

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Consult with Global RCG

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Prepare your documents

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Submit the application

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Receive your residency

Portugal Wealth Visa
Application Process

To qualify for the Portugal D7 Resident Visa, you will need to demonstrate a stable annual income of at least:

Program Requirements

  • €7,200 for the first adult;
  • €3,600 for second or more adults;
  • €2,160 per child.
  • This income can take the form of pension, foreign salary, etc, and a 6-month bank statement must be provided.

Other Requirements

  • Provide a Police Certificate of any country you have lived in for more than 1 year.
  • Have a valid health insurance or proof that you are covered by the National Health Insurance (if you want to be a tax resident)
  • See all requirements in our factsheet
Week 1-2
Week 1-2
Verify eligibility and start client on boarding with Global RCG.

Global RCG helps you gather the required documents.
Week 1-2
Month 1
Month 1
Open a bank account in Portugal, get tax number and accommodation. Appointment is made with the Portuguese SEF.
Month 1
Month 2-3
Month 2-3
Submit document during the appointment and give your biometrics. Collect your resident permit.
Month 2-3
Year 5
Year 5
Apply for citizenship.
Year 5
Year 6
Year 6
Pass language test and oath to receive citizenship.
Year 6

Download Our Factsheet

Do you need more information about the Portugal Wealth Visa program? Download the complete factsheet below:

Required & Non-Required Visa Countries

Taxation

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