Article 58 paragraph 1 of Law no. 23/2007 of July 4 and article 24 d) of Regulatory Decree no. 84/2007 of November 5
Pensioners, retired foreign citizens or other foreigners living off of a recognized stable income, such as movable property, real estate, intellectual property or financial investments may apply for D7 Portuguese Visa.
Portuguese legislation provides for a special visa – D7 Visa – that allows foreigner citizens, who wish to reside in Portugal as retirees or live on their own income, regardless of age, the entrance in Portugal in order to obtain a residence permit, provided that they can prove to have sufficient income to provide them with means of livelihood. This income can come from pensions, real estate rentals, investments, among others.
The Portuguese consular missions and consular sections with jurisdiction within the area of the applicant’s residence hold legal power for granting have the legal power to grant the D7 visa. The deadline for the decision on the visa application is 60 days.
The consular service in charge must request a legal binding opinion from the Portuguese Immigration and Borders Police (SEF), which must issue the said opinion within 20 days.
The D7 visa is a residence visa that is intended to enable the holder to obtain a residence permit in Portugal. In this context, the visa is valid for two entries and entitles the holder to remain in Portugal for a period of 4 months.
The D7 visa enables the respective holder to obtain a residence permit in Portugal for a period of one year, which can then be renewed for successive periods of 2 years and can be converted into a permanent residence permit after 5 years.
Members of the family of the holder of the residence permit obtained via a D7 visa are also entitled to a residence permit, based on family reunification statute.
Without prejudice to the application of special provisions and other rights provided in the law or any international convention to which Portugal is a party, the holder of a residence permit shall be entitled to, without the need for a special authorization regarding his or her foreign status, the following:
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