To spend more than 90 days in Portugal, foreign citizens from non-EU countries must obtain a short-term Visa (less than 1 year) or a residence visa (more than 1 year) from their local Portuguese Embassy. A residence visa allows individuals to enter Portuguese territory and apply for a temporary residence permit from the Immigrations Authority (AIMA).

A temporary resident permit allows individuals the right to live, work, and study in Portugal, as well as the possibility of family reunification. Additionally, they enjoy visa-free travel throughout the Schengen Area, comprising 26 European countries.

After residing in Portugal for five years, individuals become eligible for permanent residence, and citizenship can be obtained after six years. This provides a long-term path to establishing a life in Portugal, including access to education and healthcare.

Portugal offers different residence permits to suit various objectives. The most popular options include the D2 Visa, Digital Nomad Visa, and D7 Visa.

D2 Visa

The D2 Visa is granted to entrepreneurs or independent workers looking to reside in Portugal. Notably, there are no strict minimum investment requirements. However, applicants must demonstrate the economic, social, scientific, technological, or cultural relevance of their business project and have the financial means to support their investment and themselves. Independent workers must also provide evidence of a service agreement with a Portuguese company. Dependent family members can be included in the D2 Visa application, and it is initially valid for two years, with the possibility of renewal for three-years.

Digital Nomads Visa

The Digital Nomads Visa is designed for individuals who can demonstrate an employment relationship or freelance activity with a non-resident entity. This means they must have valid contracts and documentation supporting their request for the visa. It caters to those who work remotely and offers an attractive option for those looking to enjoy the benefits of living in Portugal while maintaining their employment outside the country.

D7 Visa

The D7 Visa is intended for foreign citizens living off retirement or passive income. Applicants must provide evidence of a regular and steady inflow of pension or passive income, which can include dividends, real estate income, royalties, or financial investments.

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Other Residence Permits:

Portugal also offers residence permits for entrepreneurs and highly qualified workers. The Start-up Visa is ideal for foreign entrepreneurs looking to develop innovative projects in Portugal. The Tech Visa allows qualified workers from outside the EU to access jobs created by Portuguese companies, particularly those operating globally.

Permanent Residency

EU citizens who have legally resided in Portugal for five consecutive years can apply for permanent residency. They must demonstrate financial means, accommodation in Portugal, and a basic understanding of the Portuguese language. Permanent residency holders must renew their title every five years and can lose this status if they spend more than two consecutive years outside Portuguese territory.

Keep this in mind!

It's important to note that navigating the legal and bureaucratic process of obtaining a residence permit and establishing tax residency in Portugal can be challenging.

Working with a specialised local partner, like NEWCO, can provide valuable guidance and assistance throughout the process, ensuring a smooth and hassle-free relocation.

NEWCO offers services ranging from business setup and management to personal and business accounting and tax compliance, making the transition to Portugal more manageable.

In conclusion, Portugal offers a range of residence permits tailored to various objectives, making it an attractive destination for individuals looking to live and work here. Understanding the different options and requirements is crucial for a successful transition, and seeking professional assistance can simplify the process.

Contact us today to start your immigration process!