In 2007, the Portuguese government introduced the D7 visa, commonly known as the retirement visa or Passive Income Visa. Madeira’s D7 Visa is available to any non-EU/EAA/Swiss citizen who has a regular passive income or pension, to apply for temporary or permanent residency in Portugal and Madeira.
Since the United Kingdom of Great Britain and Northern Ireland voted in a referendum to leave the European Union in 2016, Portugal has seen a dramatic rise in applications for the D7 Visa, with young professionals capable of working remotely seeking to remain in Europe longer than the 90 days, short-stay Schengen Visa allows.
Whilst Madeira’s D7 Visa is primarily intended to attract retirees and those living on passive income to reside in Portugal and contribute to the economy, there is no barrier against having professional activity in Portugal or earning a salary abroad. This allows young professionals to take advantage of the D7 and choose Portugal and Madeira as a place to live and work.
The minimum annual income required to be eligible for the D7 Visa is €8,460 – 50% of this amount is then required for a spouse and a further 30% for each dependent child. The relatively low-income requirement allows families to obtain legal residency in Portugal and Madeira, and benefit from all the resident’s rights under Portuguese law.
The D7 gives you the same rights as other EU citizens, including;
- Allowing you visa-free entry and circulation through the Schengen Area.
Permanent Residency and Eventual Citizenship
- Once you have the D7 visa you are allowed to obtain a residence permit in Portugal for one year. After that, you can renew for two years successively.
- After five years of legal residency, you may apply for permanent residency. You can also apply to become a Portuguese National through naturalisation. However, to be naturalised in Portugal you’ll have to pass a Portuguese A2 language test.
Resident’s Rights in Portugal
Once you become a resident in Portugal you become entitled to certain benefits offered by the state. These benefits include:
- Access to the National Health Service Care
- Access to the National Education Service and schools in Portugal
- Conducting any professional activity as an independent professional
- Access and protection from the Portuguese Law and Legal System
- Access to Vocational Schooling in Portugal
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