Portugal D7 Visa for retirees to have a calm life after years of hard work
After 30 years of living in different countries and moving to a new place every few years, we finally decided to settle somewhere.
We are not young anymore, so we were looking for a country with a pleasant climate, a calm lifestyle, and a high level of safety.
Portugal immediately felt like the right place as soon as we considered it. Immigrant Invest helped us choose the most suitable visa and guided us throughout the entire process.
Nayana, 68
Bio-engineer from South Korea
Clients’ names and photos have been changed
This case was provided by our expert
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Portugal D7 Visa for retirees to have a calm life after years of hard work
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How Nayana has obtained a residence permit based on the D7 Visa
The process of obtaining residence permits took Nayana and Joshua almost seven months. After getting D7 Visas, they came to Portugal and have stayed there ever since.
Their total expenses amounted to €30,850.
October 2nd, 2023
Preliminary Due Diligence
A qualified Anti-Money Laundering Officer examined data in global legal and business databases.
This check uncovers critical details that could impact the approval of a visa and residence permit and minimise the chances of rejection.
The initial Due Diligence process is confidential; Nayana provided only their passports.
A qualified Anti-Money Laundering Officer examined data in global legal and business databases.
This check uncovers critical details that could impact the approval of a visa and residence permit and minimise the chances of rejection.
The initial Due Diligence process is confidential; Nayana provided only their passports.
+ 2 weeks
Getting a taxpayer number
The applicant needs a taxpayer number — Número de Identificação Fiscal, NIF — to rent or purchase property and open a bank account in Portugal. This NIF will also be essential for future activities like scheduling medical appointments.
Non-EU citizens obtain an NIF through a tax representative in Portugal, and the process is conducted remotely. Immigrant Invest lawyers prepared a power of attorney authorising the Portuguese representative to acquire an NIF for Nayana.
The applicant needs a taxpayer number — Número de Identificação Fiscal, NIF — to rent or purchase property and open a bank account in Portugal. This NIF will also be essential for future activities like scheduling medical appointments.
Non-EU citizens obtain an NIF through a tax representative in Portugal, and the process is conducted remotely. Immigrant Invest lawyers prepared a power of attorney authorising the Portuguese representative to acquire an NIF for Nayana.
+ 1 month
Buying or renting a property, €15,600 per year
Immigrant Invest real estate specialists offered rental or purchase options. Nayana and Joshua could choose them remotely or travel to Portugal to view properties in person.
The couple decided to take a small trip to Portugal to examine real estate options. They already knew they would like to reside in Porto.
The Immigrant Invest agent accompanied the couple and helped choose the most suitable property. Nayana and Joshua selected a two-bedroom apartment in the coastal district of Foz do Douro for €1,300 per month, or €15,600 per year.
Immigrant Invest real estate specialists offered rental or purchase options. Nayana and Joshua could choose them remotely or travel to Portugal to view properties in person.
The couple decided to take a small trip to Portugal to examine real estate options. They already knew they would like to reside in Porto.
The Immigrant Invest agent accompanied the couple and helped choose the most suitable property. Nayana and Joshua selected a two-bedroom apartment in the coastal district of Foz do Douro for €1,300 per month, or €15,600 per year.
+ 3.5 months
D7 Visas application, €180
Lawyers assisted Nayana and Joshua in gathering the required documents and completing government forms. Applicants submitted their documents and biometric data at a Portuguese embassy in South Korea. They also paid a visa application fee of €90 per person.
Lawyers assisted Nayana and Joshua in gathering the required documents and completing government forms. Applicants submitted their documents and biometric data at a Portuguese embassy in South Korea. They also paid a visa application fee of €90 per person.
+ 10 days
Trip to Portugal
The D7 visa is valid for four months, during which the applicant must travel to Portugal and apply for a residence permit at an immigration office.
While holding the visa, the individual can reside but not work in Portugal. This restriction is lifted once a residence permit is granted.
Nayana and Joshua decided to stay in Portugal.
The D7 visa is valid for four months, during which the applicant must travel to Portugal and apply for a residence permit at an immigration office.
While holding the visa, the individual can reside but not work in Portugal. This restriction is lifted once a residence permit is granted.
Nayana and Joshua decided to stay in Portugal.
+ 2.5 weeks
Opening a bank account, €14,760
Opening a bank account requires the applicant to provide a taxpayer number and passport, along with documents verifying the legal source of funds if necessary.
The minimum annual sum required for Nayana was €9,840. To include Joshua, she transferred an additional 50% of the income, which is €4,920 per year.
Opening a bank account requires the applicant to provide a taxpayer number and passport, along with documents verifying the legal source of funds if necessary.
The minimum annual sum required for Nayana was €9,840. To include Joshua, she transferred an additional 50% of the income, which is €4,920 per year.
+ 1 day
Applying for residence permits, €310
Immigrant Invest lawyers arranged an appointment at AIMA, Portugal's Agency for Integration, Migrations and Asylum. Nayana then submitted the residence permit application in person, accompanied by an Immigrant Invest representative.
At this stage, she was required to pay the processing fee of €83 per person and the residence permit issuance fee of €72 per person.
Immigrant Invest lawyers arranged an appointment at AIMA, Portugal's Agency for Integration, Migrations and Asylum. Nayana then submitted the residence permit application in person, accompanied by an Immigrant Invest representative.
At this stage, she was required to pay the processing fee of €83 per person and the residence permit issuance fee of €72 per person.
April 23rd, 2024
Getting residence permit cards
Once the application was approved, residence permit cards were mailed to Nayana and Joshua’s registered address in Portugal.
The initial residence permit cards are valid for two years, after which they can be renewed for three more years.
Once the application was approved, residence permit cards were mailed to Nayana and Joshua’s registered address in Portugal.
The initial residence permit cards are valid for two years, after which they can be renewed for three more years.
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