Europe is still for a lot of people the promised continent. Also e.g. wealthy Australians, South-Africans, Asians…But it is tough to get a residency in Europe and in most cases as good as impossible to get citizenship on a short term.
The best strategy is to go first for a residence and then after a few years for citizenship, this is the way to go. And Portugal is a good option to reach your goal!
How? You have the Golden Visa, where you get residence when you invest in real estate. But we have a better option. Go for a Visa D in Portugal!!
What is a Visa D? The Portugal Passive Income Visa, (self-sufficient individuals), or D7 Visa, is a part of the Portugal residence permit program.
Non-EU/EEA/Swiss citizen who intends to relocate to Portugal and have a minimum net regular passive income (the minimum required is €635/month), can apply for this route to residency.
The subsequent residence permit does not preclude the holder from having a professional activity in Portugal. Therefore, this is generally one of the best alternatives to the Golden Visa for someone who actually intends to live in Portugal over an extended period of time.
Procedure? You need to follow a certain procedure, so don’t make mistakes, you only get one chance. BUT our Portuguese team is ready to help you through! We are experienced!
Benefits of the D7 Visa?
- Permanent free entry and circulation in the Schengen Space, comprising 26 European countries.
- Freedom to live in Portugal and, if so wished, to have a professional activity in this country.
- Option to become a non-habitual resident (NHR) in Portugal for tax purposes (little or no tax for 10 years on nearly all foreign-sourced income).
- Access to other Portugal residents’ rights, such as education, recognition of diplomas and qualifications, healthcare, social security, trade union protection, the law and the courts.
Citizenship? And as a cherry on the cake, you can apply after 5 years for Portuguese citizenship. Also there we can help you!