What is the Passive Income Visa in Portugal?
The Passive Income Visa, also known as the D7 Visa, is a residency program in Portugal designed for non-EU citizens who can prove a stable income from pensions, investments, or rental properties. The Portuguese passive income visa (D7) has become one of the most attractive pathways for retirees, digital nomads, and investors seeking to live in Europe.
Who Can Apply?
To qualify for the Passive Income Visa, applicants must:
- Show proof of regular passive income (such as pensions, dividends, or rental income).
- Be a non-EU, EEA or Swiss citizen.
- Earn at least €870 per month (2025 reference: the Portuguese minimum wage), plus 50% for a spouse and 30% for each dependent child.
- Provide accommodation proof in Portugal, which can be either rental or property ownership.
Summary of eligibility requirements for the Portuguese passive income visa (D7):
To apply for Portugal’s Passive Income Visa, you must show at least €820 monthly income, have accommodation in Portugal, and prove financial stability for yourself and dependents.
How to Apply?
- Firstly, make sure you are prepared with:
- Proof of regular passive income: Bank statements, tax declarations, contracts, etc.
- Passport: A validpassport for at least 6 months beyond your intended stay.
- Photos: Two recent passport sized photos.
- Proof of accommodation: Property deed, rental agreement, letter from resident saying that you will be living with them.
- Recently issued criminal record check: From any country you´ve lived in over the last 5 years.
- Proof of health insurance: Covering health expenses
- Other Documents: Depending on your situation, you might need marriage certificates, birth certificates, etc.
- NIF Number: NIF is the Portuguese tax identification number.
- Portuguese Bank Account: A valid Portuguese bank account that can be opened after receiving your NIF number
- After preparing these documents, the next step will be to book an appointment and ask for the D7 visa in your nearest Portuguese consulate.
For more information on types of visa, or to better understand how the Portuguese passive income visa (D7), visit the ministry of foreign affaird website: https://vistos.mne.gov.pt/en/national-visas/general-information/type-of-visa
Why Choose Portugal for Passive Income Residency?
- Low cost of living compared to other EU countries.
- Access to the Schengen Area, which covers most of Europe, for travel.
- A safe country with a high quality of life and excellent, inexpensive healthcare.
- Attractive for investors who want to combine residency with property ownership.
- Full access to permanent citizenship after 5 years of residence.
Why Choose Ocean Terrace
Owning property in developments like Ocean Terrace in Portugal can significantly strengthen your visa application by providing proof of accommodation and showing your long-term ties to Portugal.
With resort like amenities, close proximity to the Porto city center, large terraces with ocean views and the highest quality of finishings, Ocean Terrace is the ideal place to make the dream of living in Portugal a reality.
Find out more using the following link: https://oceanterrace.pt/
