Have you ever thought about becoming a “digital nomad” and giving up your 9-to-5 job? Portugal is becoming a more popular place to live and work remotely, so it’s a great choice for freelancers and employees who work from home.
Portugal has a high standard of living, which makes it a good place for digital nomads to visit. Everything about Portugal is great for Digital Nomads, from the bright sunshine and warm oceans to the complete absence of crowds and stress that come with city life.
Digital nomads need to fill out an application for the new Portugal D7 Passive Income Visa in order to go to Portugal. Let’s find out more about it.
Types of Digital Nomad Visa in Portugal
Option 1: Temporary Stay Visa
A temporary visa that can be extended lets people who visit Portugal stay for up to a year. It’s perfect for freelancers or people who run their own online businesses and want to travel the world while still making money. With this visa, you can go into and out of Portugal whenever you want.
Option 2: Residence Visa
This is a great option for digital nomads who want to live in Portugal permanently and need a longer visa. It is also a great place to start the process of becoming a citizen of Portugal. There are two chances to enter the country with a 4-month residency visa. At that point, the person with a visa must ask the Border and Immigration Services for a residence permit (SEF).
Option 3: Portugal D7 Visa
Foreigners who don’t live in the European Union, the European Economic Area, or Switzerland can apply to live in Portugal temporarily using the D7 Visa. This visa is also known as the Retirement Visa or Passive Income Visa. It’s needed to apply for and get a green card, which is needed to apply for permanent residence and, eventually, citizenship.
Option 4: D2 Visa for Portugal
The D2 visa is another national visa that meets the requirements for a digital nomad visa in Portugal for people who don’t have a regular source of passive income. You should apply for a D2 if you want to start a business in Portugal, expand an existing business into the country, or move to Portugal to run a business here.
Option 5: Portugal Golden Visa
Portugal offers a visa called the “Golden Visa” to attract investors from other countries. If you invest at least €500,000, you could get a residence card that lets you travel in Europe like you are a Portuguese citizen. For the first year of the program, you only need to be in Portugal for 7 days, and for the years after that, you only need to be there for 14 days.
Option 6: Tourist Visa
Visitors from many countries can go to Portugal without getting a tourist visa for stays of less than 90 days. People who visit a lot can get a 5-year visa that lets them enter and stay in the Schengen area for 90 days every 180 days. These countries include the United States, Canada, Australia, New Zealand, Japan, Brazil, and the United Arab Emirates. Before going to Portugal, people from other countries must apply for a Schengen visa.
Which Visa is Suitable for Digital Nomads?
A Temporary-Stay Visa is needed for a digital nomad to stay in Portugal. This visa is for digital nomads, and if you meet the requirements for your income, you’ll be able to move freely around the Schengen Area for up to five years.
People who want to live in Portugal permanently or for a long time can apply for the D2 Visa or the D7 visa, or the Golden Visa, but they must invest a lot of money in the economy.
The D7 visa is the same as the other two in that it lets you travel freely throughout the Schengen area, bring close family members with you, and open a bank account there. So, a D7 visa is something a digital nomad should really care about.
What are the D7 Visa Eligibility Criteria?
People often call the D7 visa kind of a Retirement Visa, but anyone can apply for one. Anyone who is at least 18 and meets the program’s eligibility and visa requirements can take part, no matter where they are from. Under the terms of this residency visa, people from countries outside of the European Union and the European Economic Area who can show they have enough passive income can apply to live in Portugal.
To get a D7 visa, you must not be a citizen of the EU, show proof that you have enough money to cover your expenses in Portugal for the length of your stay and meet other requirements.
Requirements for a Portuguese D-7 Visa
- You can't be a European Union citizen
- Income requirements: Get a passive income of at least €760 per month (your pension, equity in real estate or intellectual property, or financial equity could all be sources of income.)
- A lease or rental agreement for a home in Portugal that is still valid
- Spend at least 183 days a year in Portugal, and preferably more
Benefits Of The Portugal Passive Income Visa
People from outside the European Union can get Portuguese residency through the attractive and cheap D7 Visa as long as they have enough money to support themselves while they are in Portugal.
If you get a Portuguese visa for passive income, you can take advantage of the following benefits:
- The chance of moving to Portugal. You can expect the weather to be nice and the people to be friendly. permission from Portugal to work, study, or live there
- An opportunity to go to school in Portugal. If you move to Portugal, you will go to school there
- Your kids, your spouse, and your parents might all be able to be listed as "dependents" on your tax return. You and your family can see the sights in Portugal together
- The chance to file taxes as a "non-habitual resident" (NHR). The NHR is a system that gives foreigners who work in the country a tax break or a lower tax rate of 20%
- After living in Portugal for a certain amount of time, you can apply to become a citizen. If you are accepted, you will be given a permanent residency visa
How To Apply For A Portuguese D7 Passive Income Visa?
- MoveinEU can be your fiscal agent in Portugal if you need a tax ID number
- Open a bank account in Portugal
- Find a permanent place to live in Portugal. You can do this by buying, renting, or taking out a loan
- For a D7 Visa, a person must apply to the Portuguese Consulate where they live or nearby
- Get familiar with Portugal's Immigration and Border Agency, which is called SEF (Servico de Estrangeiros e Fronteiras)
Costs of Living in Portugal
You can live comfortably in Portugal for as little as €1,500 to €2,000 per month since the country is known for having low living costs and is, therefore, a popular tourist destination.
Portugal is thought to be one of the best places to retire because the cost of living is low and the quality of life is high. One must apply for a Portuguese retirement visa to be able to retire in Portugal.
What Is The Difference Between A Passive Income Visa And a Tourist Visa?
You can’t work for a Portuguese employer with either a passive income visa or the tourist visa. You should instead try to get a long-term visitor visa. The differences between a passive income visa and a tourist visa are:
| Features | Passive Income Visa | Tourist Visa |
|---|---|---|
| Good for | Good for entrepreneurs, freelancers, and people who work from home. | This Visa is good for tourists who want to go to Portugal. |
| Time Length | This is good for two years. | Valid for up to 90 days. |
| Visa Duration | Allows for an increase in duration of stay. | It is not possible to increase any further duration with this. |
| Family | Your family can come with you. | No one from your family can come with you. |
| Permanent Residency | Capable of moving toward permanent residency. | Not qualified for permanent residence. |
Places To Visit In Portugal
When people think of Portugal, they usually only think about the two largest cities, Lisbon and Porto. However, Portugal has many more beautiful and exciting places to visit. This small Iberian country has much to offer, like golden beaches, mountain parks, and green river valleys.
Lisbon
From any of the seven hills that have grown above Lisbon over the centuries, you can see a picture-perfect view of the city’s cobblestone streets, white-domed churches, and large public squares.
In Portugal’s capital, there are a lot of art museums (like the Museu Nacional do Azulejo, which has a collection of ceramic tiles) and castles (like the Castelo de So Jorge, which is on top of a hill). In the evening, Lisbon is full of people going out to clubs, jazz clubs, and bars that stay open until dawn. It is one of the oldest cities in the world. It is known for its unique neighborhoods or bairros.
Coimbra
It has beautiful old cathedrals and narrow, winding streets that make you feel like you’ve gone back in time. People often say that Coimbra is the most romantic city in all of Portugal. The University of Coimbra is the heart of the city and the political hub.
Algarve
In the Algarve, there are both busy cities and quiet towns. Each has its own unique charms, such as old architecture and beautiful old churches. The Algarve is a popular place for tourists to visit in Portugal because of its sunny Mediterranean climate, beautiful villages, flower-covered hills, ancient buildings, great food, and affordable prices.
Conclusion
You can use the Portugal Passive Income D7 Visa instead of a digital nomad visa. The D7 visa is an exciting idea that makes it possible for digital nomads to live and work anywhere in Europe for a long time. Also, it’s the best possible choice. While in Portugal, you can look forward to doing a wide range of fun things.
Portugal is known for both its beautiful architecture and its beautiful coastline.
Follow the advice of experts if you want to move to Portugal, the newest golden spot in Europe.
