What one needs to know about immigrating to Portugal on a D7 visa?

There are many reasons why many people decide to move to Portugal. The first is the desire to obtain a residence permit or even citizenship of a country that is part of the European Union, because subsequently it is much easier to travel to other regions of the Schengen zone. The second is a mild and warm climate. The country is located on the ocean, so there are a lot of recreation areas. It is also worth noting attractive prices for real estate in Portugal, and the ease of processing transactions. Food, clothing and all sorts of services are also cheaper here than in most European countries.

Another important plus is that Portugal is open to foreign migrants. Visitors here are provided with very affordable conditions for obtaining a residence permit. Additionally, for the first 10 years a resident of another country does not have to pay taxes on the earnings that he receives outside of Portugal.

How can one obtain a D7 visa?

Today there are several ways to move to Portugal. Someone chooses to invest in real estate, others apply for work visas, others simply enter into long-term contracts with employers. Another option is the D7 visa. It can be received by those who have passive income - landlords, business owners, etc.

The main conditions for obtaining this type of visa:

• passive verified income should be 700-800 euros per month per person;
• the visitor must have housing - it can be purchased or rented on a long-term lease;
• it is desirable to have an account in a Portuguese bank.

The visa itself is issued for 4 months, but at the same time it allows one to obtain a residence permit for a period of 2 years. Then it can be extended for another 3 years. After that one can apply for citizenship.