Portugal's Golden Visa and D7 Visa: Pathways to Residency
Portugal offers two popular schemes for foreigners seeking residency: the Portugal Golden Visa and the D7 Visa, both administered by the Portuguese Agency for Integration, Migration and Asylum (AIMA).
The D7 Visa, often favoured by retirees, requires applicants to prove regular passive income and spend at least six to eight months each year in Portugal. The application process begins in the home country, with accommodation proof. Government fees range from €45 to €300, plus renewal and legal costs.
The Portugal Golden Visa, alternatively known as the Portugal Investment Visa, has a lower residency requirement, with investors needing to spend only a week on average each year. The application process starts after the investment is made. Investments range from €350,000 to €500,000 and must be kept for at least five years. The chief cost is the investment itself, with application and processing fees totalling €5,858.
Both visas offer pathways to residency in Portugal, with the D7 Visa catering to those with passive income and planning long-term stays, and the Portugal Golden Visa appealing to investors seeking shorter annual residency periods.