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Portugal Self Supporting Visa

Portugal Self Supporting Visa

The Portugal Self-supporting Visa was introduced in 2007 by the Portuguese government, allowing individuals to achieve residency status in Portugal. It is used to obtain a permanent residency permit and eventually citizenship. It is intended to attract wealthy foreigners to boost Portugal’s economy. Anyone can apply for the Passive Income Visa as long as they meet the minimum passive income requirements. The Portugal Self-Supporting Visa – provides residency status to non-EU / EEA / Swiss citizens, including retirees, who intend to relocate to Portugal and are in receipt of a reasonable and regular passive income.

The national minimum wage of Portugal determines the minimum financial requirements for your Passive Income Visa applications. Therefore, you’ll need to have a minimum of €705 per month for 12 months – €8,460 per year. applicant will receive full UK residency for themselves and their dependents, with access to free education, free healthcare, and a pathway to citizenship.

Anyone can apply for the Portugal Passive Income Visa. As long as you are above the age of 18, eligible, and meet the visa requirements, the program is open to you no matter your country of origin.

 

Time Period

 

Minimum Stay in Portugal

Renewal Date

Available Renewal Option

Years 1 and 2

6 consecutive months or 8 non-consecutive months each year

End of Year 2

3-year Residency Permit

Years 3, 4 and 5

6 consecutive months or
8 non-consecutive months each year

End of Year 5

3-year Residency Permit, Permanent Residency

or Citizenship

children under 18 years.

• Spouse can work full time

In order to secure the Portugal Self-Supporting Visa, the process can take up to 12 weeks. We advise a 3-month time frame, however in some circumstances, if a client has a particularly strong case, we may be able to process their application within 45 days.

Application PROCESS

Initial consultation with our experts

Choose the right program and sign the agreement

Send documents to your dedicated lawyer

Receive your UE company bank account

Get your residency in 90days