D7 Visas<\/strong> gained new prominence after the closure of the Gold Visa program<\/strong> . This alternative has been attracting attention, both from foreigners who want to live in Portugal, as well as from retirees and investors in the real estate sector<\/strong> .<\/p>\n\n\n\n In this article, you will find out all the information about D7 Visas, including who they are for, how they are obtained, the conditions and associated costs.<\/p>\n\n\n\n D7 Visas are residence visas<\/strong> granted by the Portuguese State that allow foreign citizens (who are not residents of the European Union (EU), the European Economic Area (EEA) or Switzerland) to reside in Portugal.<\/p>\n\n\n\n In 2007, the Portuguese Government created the D7 Visas<\/strong> to attract retirees and people who live on a fixed passive income. The objective is for these citizens to be able to enjoy the advantages of living in our country while contributing to the growth of the economy.<\/p>\n\n\n\n This possibility quickly aroused the interest of retired foreign citizens, but also of other people with the desire to live in Portugal and invest in luxury real estate<\/a> , for example.<\/p>\n\n\n\n D7 Visas are not just restricted to a specific group, they are available to all people who meet certain requirements. Although they appeal more to retired citizens, they are not limited in terms of age group.<\/p>\n\n\n\n Therefore, D7 Visas attract a huge diversity of people, with their own income<\/strong> , who are interested in living and investing in Portugal. They can be elderly citizens who receive a fixed <\/strong>pension<\/strong> , or younger people, who have their own income, from renting property or financial investments, for example.<\/strong><\/p>\n\n\n\n Suggested reading: Living in Portugal: The ideal option for your retirement<\/a><\/p>\n\n\n\n Requests for D7 Visas are always made in the citizens’ country of origin (outside the EU, EEA or Switzerland). The documents required to apply for these visas are:<\/p>\n\n\n\n The application fee is \u20ac90 and the process is generally completed in less than 2 months. Later, issuing a permanent residence permit<\/strong> costs \u20ac222.<\/p>\n\n\n\n This value varies depending on the number of people in the household. The income obtained by an adult must correspond to at least 100% of the minimum wage in Portugal. A second adult will add 50% of this amount. Each child, up to 18 years of age, represents an increase of 30% of the same value.<\/p>\n\n\n\n For example, for a family of 2 adults and 1 child, it would be necessary to earn a minimum fixed monthly income of around \u20ac1,400.<\/p>\n\n\n\n It is also mandatory to have, in a Portuguese bank account<\/strong> , the entire amount of funds sufficient for 1 year. In other words, in the example given above, it would be necessary to have a total of approximately \u20ac17,000 in this account to be able to apply for D7 Visas.<\/p>\n\n\n\n In addition to allowing you to live, work and study in Portugal<\/strong> , D7 Visas offer many advantages:<\/p>\n\n\n\nWhat are D7 Visas?<\/strong><\/h2>\n\n\n\n
Who are D7 Visas for?<\/strong><\/h2>\n\n\n\n
What is needed to access D7 Visas and where can they be applied for?<\/strong><\/h2>\n\n\n\n
What is the cost of obtaining D7 Visas and how long does the process take?<\/strong><\/h2>\n\n\n\n
What is the minimum income required to obtain this visa?<\/strong><\/h2>\n\n\n\n
What are the main advantages of D7 Visas?<\/strong><\/h2>\n\n\n\n