Self Employed or Entrepreneur Visa

This is is a common subject in which many people looking to move to Portugal research.  We have compiled a list of information below to help you through your journey.  Please reach out to us if you have any questions or would like additional resources. 

If you are a non-EU citizen seeking to relocate to Portugal with your own funding, the D7 visa — also known as the Portugal Passive Income Visa — is a perfect option for you. Whether you are a retiree or an entrepreneur, enjoy Portuguese residency privileges thanks to the D7 visa. This article helps you understand the Portugal D7 visa, how to apply for it, and enjoy life in Portugal.

 

The D7 visa is an affordable and attractive Portugal Immigration visa allowing non-EU citizens to get Portuguese residency provided they have sufficient funds to sustain themselves during their stay in Portugal.

This visa is ideal for retirees or entrepreneurs who want to live in Portugal without having to make a major economic investment.

The D7 visa can then be renewed after one year for two successive periods of two years and can be converted into a permanent residence permit after five years. In addition, after five years of holding the D7 visa, you’ll also be able to request Portuguese nationality, provided you fulfill the other requirements foreseen in the Portuguese nationality law.

 
Eligibility

Good for people who can be considered self-sufficient and who won’t become a burden on the state

  • high_income * income_reliability = P(acceptance)max

Eligibility criteria:

  • Have €7,200 for the applicant, €3,600 for each additional adult, and €2,160 per child, coming from passing or remote income:
    • Pension
    • Rental properties
    • Dividends
    • Salary from a remote job
      • Freelancers are a bit harder as it’s considered irregular so harder to get approved
  • Have €x for fees, costs & taxes
  • Become tax resident in Portugal
  • Secure adequate accommodation in Portugal (rent or buy)
  • Enter the country WITHIN 4 months to apply for your residency permit, else you lose it
  • Pass basic language test
  • Be in Portugal for the following schedule:
    • 16 months during the first 2-years
    • 28 months in each 3-year subsequent period
    • If you are absent for 6 consecutive months your residence permit might be invalidated

You can:

  • Complete the process through the Portuguese consulate in your current region
  • Apply for a job in Portugal (although that doesn’t affect your need to meet the above criteria)

 

Family You can include:

  • Dependents (same as GV)

 

Timeframe:

  • Collecting your documents: average 30 days (up to you)
  • Initial application from the consulate: up to 60 days
  • Application to SEF within Portugal: 10-120 days

 

Documents you need:

  • A passport valid for at least six months after the expiry date of the Portugal passive income visa. This visa will be valid for 4 months.
  • Two recent colored passport-sized photos
  • A declaration outlining reasons for obtaining Portuguese residency
  • Health insurance policy which provides coverage in Portugal
  • Alternatively, you can offer an affidavit stating that you will acquire health insurance in Portugal within 90 days of arriving there
  • Criminal record certificate
  • Travel insurance
  • Evidence of having accommodation in Portugal. This could be a title deed, rental agreement, or property loan agreement
  • Proof of sufficient finances available to the applicant in Portugal
  • Proof of having a reasonable net regular passive income