Why the Portuguese Golden Visa is better than the D7 Visa.
A different approach to your future.
Portugal boasts an excellent reputation and is considered one of the world’s most globalized and peaceful nations, with a high quality of life and a very high Human Development Index ranking. It is among the oldest nations in Europe with a rich history, lively culture, exceptional cuisine, stunning beaches, and idyllic countryside.
The D7 visa is foreseen for someone who wishes to move to Portugal phisicaly to live there on a full-time basis.
Successful applicants benefit from the following:
The right to work, live or study in Portugal.
An applicant may include children and parents.
Visa-free travel throughout the Schengen Area for 90 out of 180 days.
Establish a business in Portugal.
Apply for Portugal’s Non-Habitual Resident (NHR).
Qualification for permanent residency or citizenship in Portugal after five years.
Portuguese residency rights, including education and healthcare.
The main applicant is entitled to include the following dependants:
A spouse or partner; aminor or incapacitated child; children older than 18, who are single and studying in an educational establishment in Portugal and economically dependent.
The process itself is more complicated for the D7 route, as you need a visa first at the portuguese consulate in the country of origin before you can fligh to Portugal for your personal interview at SEA. You will also need a Portuguese bank account and proof of legal residence before you even start the application. On the other hand, the D7 visa is a much cheaper option.
If you want to gain Portuguese residency without moving phisicaly, the Golden Visa is the solution. It’s also a better option if you plan on moving phisicaly to Portugal in the future or never actually want to move. This way you are able to secure permanent residency or citizenship after 5 years of valid residence.
To proceed with the Portuguese Golden Visa application you may acquire a property for 500.000€ in Portugal or invest in an elegible investment fund for the total amount of 350.000€.
