With the end of the most popular aspects of the Golden Visa Program, namely in real estate investment, the search for other alternatives to this program has become more pressing.

 

Compared to other countries, the transition from resident to citizen is quite simple and the requirements are easy to meet.

 

The alternative visas, D2 (Entrepreneur), D7 (Passive Income) and D8 (Digital Nomad) only require five years to apply for Portuguese citizenship and the timeframe for obtaining citizenship is shorter than with the Golden Visa.

 

Unlike the Golden Visa, the D7 and D8 visas do not require major investments in Portugal, although the D2 may or may not require a material investment, depending on the business plan associated with the investment.

 

D2 Visa

Investors who intend to invest in Portugal by setting up companies operating in the country.

 

Main requirement of the D2 application - Presentation of a credible, solid and cohesive business plan that can convince the Portuguese authorities of the merits of the project.

 

D7 Visa

-Passive Income Visa - This is a specific type of visa for foreign citizens who wish to live in Portugal and have a stable passive income.

Passive income can be, for example, from renting property, pensions, remote work, intellectual property or self-employment.

 

The minimum passive income varies according to the number of family members in the applicant's household:

• Main applicant: minimum wage in Portugal
• Other adults in the household: 50% of the main applicant.
• Minor children and dependents over the age of 18: 30% of the main applicant.

D8 Visa

-The Digital Nomad Residence Visa is a specific type of visa intended for foreign citizens who wish to reside in Portugal.

The applicant must be employed by a company outside Portugal or self-employed.

The main applicant must earn at least 3,040 euros/month, four times the minimum wage in Portugal.

To consider other adults and children dependent on the main applicant, the income requirement is 50% of 4 minimum wages for adults and 30% for children.

Additional requirements

• A 2-entry visa for 120 days followed by a residence permit to be obtained in Portugal.
• 2-year and then 3-year residence permits.
•  Tax identification number and a Portuguese bank account.
•  The holder of a residence permit is prohibited from being absent from the country for more than 6 consecutive months or 8 interpolated months during the validity of each residence permit.

Benefits:

• Access to the Portuguese National Health System.
• Access to Portuguese National Education.
• Exercise of any work activity as an independent professional.
• Access to the Non-Habitual Tax Residence Regime with very favorable tax benefits.
• Family reunification, allowing spouses, dependents and parents to reside in Portugal.
• Apply for permanent residence or citizenship after 5 years of residence.
• Visa-free entry to Schengen countries.

With the end of the most popular aspects of the Golden Visa Program, namely in real estate investment, the search for other alternatives to this program has become more pressing.

 

Compared to other countries, the transition from resident to citizen is quite simple and the requirements are easy to meet.

 

The alternative visas, D2 (Entrepreneur), D7 (Passive Income) and D8 (Digital Nomad) only require five years to apply for Portuguese citizenship and the timeframe for obtaining citizenship is shorter than with the Golden Visa.

 

Unlike the Golden Visa, the D7 and D8 visas do not require major investments in Portugal, although the D2 may or may not require a material investment, depending on the business plan associated with the investment.

 

D2 Visa

Investors who intend to invest in Portugal by setting up companies operating in the country.

 

Main requirement of the D2 application - Presentation of a credible, solid and cohesive business plan that can convince the Portuguese authorities of the merits of the project.

 

D7 Visa

-Passive Income Visa - This is a specific type of visa for foreign citizens who wish to live in Portugal and have a stable passive income.

Passive income can be, for example, from renting property, pensions, remote work, intellectual property or self-employment.

 

The minimum passive income varies according to the number of family members in the applicant's household:

• Main applicant: minimum wage in Portugal
• Other adults in the household: 50% of the main applicant.
• Minor children and dependents over the age of 18: 30% of the main applicant.

D8 Visa

-The Digital Nomad Residence Visa is a specific type of visa intended for foreign citizens who wish to reside in Portugal.

The applicant must be employed by a company outside Portugal or self-employed.

The main applicant must earn at least 3,040 euros/month, four times the minimum wage in Portugal.

To consider other adults and children dependent on the main applicant, the income requirement is 50% of 4 minimum wages for adults and 30% for children.

Additional requirements

• A 2-entry visa for 120 days followed by a residence permit to be obtained in Portugal.
• 2-year and then 3-year residence permits.
•  Tax identification number and a Portuguese bank account.
•  The holder of a residence permit is prohibited from being absent from the country for more than 6 consecutive months or 8 interpolated months during the validity of each residence permit.

Benefits:

• Access to the Portuguese National Health System.
• Access to Portuguese National Education.
• Exercise of any work activity as an independent professional.
• Access to the Non-Habitual Tax Residence Regime with very favorable tax benefits.
• Family reunification, allowing spouses, dependents and parents to reside in Portugal.
• Apply for permanent residence or citizenship after 5 years of residence.
• Visa-free entry to Schengen countries.