If you want to settle in Portugal with your funds and start a new life as a non-EU citizen, the Portugal D7 Visa (also known as the Portugal passive income Visa) is an excellent option.
The D7 Visa was introduced in 2007 by the Portuguese government as a retirement Visa or passive income Visa to attract wealthy foreigners to revive the country's economy. This type of Visa allows non-EU/non-EEA/non-Swiss citizens to apply for residency in Portugal. Portugal's D7 Visa ultimately leads to permanent residency and citizenship.
The Portugal D7 Visa is an affordable and attractive immigrant Visa that allows non-EU citizens and their family members to reside legally in Portugal, provided they have sufficient funds to cover living expenses during their stay in Portugal.
Retired foreign citizens, entrepreneurs, and immigrants with a known fixed income, such as movable assets, real estate, and financial investments, can apply for a D7 Portugal Visa. To apply for this Visa, you must apply at the Portuguese embassy or consulate in your current country of residence. This request is not possible within Portugal.
D7 Portugal Visa is valid for two years, and after you can renew it for another three years. After five years, you can apply for permanent residency in Portugal.
Successful D7 Visa applicants must reside in Portugal for at least 183 consecutive days per year. They can also stay in Portugal for eight months with different breaks throughout the year.
v Itugal Investment Group will get the Portuguese tax number in the shortest possible time with a power of attorney and without needing your presence in Portugal, and will open your bank account.
Itugal Group has more than 10 years of experience in investing, creating, and advising businesses and residents in Europe. It started its professional activity in 2010 in entrepreneurship and is currently engaged in professional activities in various fields, such as new and cutting-edge technologies, science (such as artificial intelligence, health, agriculture, blockchain, and fintech), construction and renovation, import and export, tourism and immigration.
Itugal's multilingual team, with offices in Portugal and Iran, guides you from the beginning to the end by providing advice from experts.
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