D7 Visa for passive income holders
The procedures for obtaining a D7 visa and temporary residence permit may vary, depending on the specific requirements of the Portuguese immigration authorities and changes in the law. It is recommended to consult the Portuguese consulate or immigration authorities for accurate and up-to-date information on the procedure.
To obtain a D7 visa in Portugal for financially well-off citizens, follow the plan:
1. Prepare the necessary documents: You will need to prepare the following documents:
- A passport valid for at least six months after your planned date of entry.
- D7 visa application form, completed and signed.
- Proof of financial solvency, such as bank statements, investment portfolios, income statements, rental agreements, or letters of financial support.
- Health insurance covering the period of stay in Portugal.
- A certificate of no criminal record from your country of residence.
2. open a bank account: You will need to open a bank account in Portugal to transfer and store your finances.
3. Prove your financial solvency: You must provide documentary evidence of your financial solvency. This can be in the form of bank statements, investments, pension payments, rental agreements or letters of financial support. It is important to show that you have stable and sufficient funds to live in Portugal without having to work locally.
4. Apply for a visa: Visit a Portuguese consulate or embassy in your country and apply for a D7 visa. Contact the consular office for exact requirements and procedures.
5. Wait for application processing: Once you have submitted your application, you will have to wait for the Portuguese authorities to process it. The processing time may vary depending on your specific situation and the consular office.
6. Once you arrive in Portugal, register with the local migration authorities (SEF - Serviço de Estrangeiros e Fronteiras) within the specified period. Provide the necessary documents, such as your passport, proof of financial solvency, medical insurance and other documents that may be required.
7. Obtain your D7 visa and temporary residence permit (Autorização de Residência). Once you are registered with the migration authorities, you will be considered officially registered and will receive a temporary residence permit. This permit will have a certain period of validity, usually one year.
8. When you arrive in Portugal, register with the local tax authorities (Autoridade Tributária e Aduaneira) and obtain a tax number (Número de Identificação Fiscal - NIF). You will need your tax number in order to fulfill your tax obligations in Portugal.
9. Observe the conditions of your visa and residence permit. You should comply with Portuguese laws and residency requirements on your D7 visa. This may include tax obligations, maintaining financial solvency, and complying with residency procedures.
10. Apply for a renewal of your residency permit. Before your temporary residence permit expires, you will need to apply for an extension. The procedure for renewal may vary depending on your specific circumstances, so it is advisable to contact the migration authorities in good time for detailed information and instructions.
It is important to note that the procedures for obtaining a D7 visa and a temporary residence permit may vary depending on the specific requirements of the Portuguese immigration authorities and changes in the law. It is recommended to consult the Portuguese consulate or immigration authorities for accurate and up-to-date information on the procedure.