Portugal digital nomad visa

Visa for a Stay of a Limited Time
This visa is geared primarily at those who work in the digital nomad industry. Individuals who can provide evidence that they have a remote employment and that job produces at least €2,800 per month may apply for this visa, which will allow them to reside in Portugal while continuing to keep their distant job. The visa is valid for one year initially, with the possibility of being extended up to four more times for a total of five years. In addition, for the first four years of your stay in Portugal, you will only be subject to a tax rate of 15%, which is much lower than the usual Portuguese rate of 25%. Aside from these prerequisites and potential benefits, the application procedure for this visa is the same as that for the D7 Visa.

D7 Passive Income Visa

This visa was primarily intended for retirees who were able to support themselves with their own passive revenues. However, it is also the perfect visa for digital nomads and other remote workers. The first visa is valid for a period of 120 days, after which you will be required to show yourself at the SEF (Servico de Estrangeiros e Fronteiras) in order to get a residence permit with a validity period of two years.

You will be granted complete entry to the Schengen region as if you were a citizen of the EU if you have both the visa and the resident permit. As an extension of the visa, you are permitted to bring your partner and any children who are dependent on you.

You are need to provide evidence that you have a stable source of income from outside the nation that can support you and any members of your family. This is the same as a minimum wage, which is 8,460 euros per year in total compensation. If you are bringing a spouse, you are need to demonstrate an additional 50% on top of that ($4,230 per year). If you have a dependent kid, you are required to show an additional 30% on top of that ($2,538 per year).

D2 Entrepreneur Visa
The D2 visa was created to stimulate local investment and is primarily aimed at businesspeople from from countries that are not members of the European Union. As a result, you are required to demonstrate that you either already have a business that is active in Portugal (you may invest in an already established business) or that you have the financial means to establish a business of this kind.

You have the option of providing evidence of your own personal resources or documentation of a bank loan obtained from a Portuguese financial institution. There is no minimum requirement, although it is strongly advised that you have evidence of at least 5,000 euros. This must be followed by a comprehensive business plan that details the effects that your investment will have on the community as well as the economy of the area, as well as the reasons why you have selected Portugal as the site for your company.

You must also demonstrate that you will have sufficient funds to support yourself and any dependents you may have while you are in the nation. This amount must be at least equal to the minimum income in Portugal, which is currently set at €8,460 per year.

This visa allows you to enter the Schengen region as if you were a citizen of the EU. Additionally, you are permitted to bring your immediate family members with you. You may also establish a financial presence in Portugal by opening a bank account and transferring your tax residence there.

The first visa is valid for a period of 120 days, during which time you are required to submit an application for a resident permit that would provide you permission to remain in the nation for a duration of up to 5 years. After this amount of time has passed, you will be eligible to submit an application for permanent residence and, ultimately, citizenship.

Portugal Golden Visa
Portugal’s visa for foreign investors is known as the Golden Visa. You may get a residence card in Portugal in exchange for an investment of at least 500,000 euros, which would give you the same rights to travel within the European Union as a Portuguese citizen. You just need to be present in Portugal for a total of seven days during your first year of participation in the program, and then for a total of 14 days during each of the following years.

You will be able to establish bank accounts, and your dependant spouse and children may be granted the same privileges as an extension of your visa. Additionally, you may be granted an extension of your visa. In addition, if you want to, you may change your tax residence to Portugal, but unless you spend more than 183 days per year in the nation, you will not be required to pay taxes in Portugal even if you make the switch.

A minimum investment of €500,000 is required in order to qualify, and there are a few different methods that this investment may be made.

To begin, you have the option of purchasing real estate or participating in an investing fund. If you invest in real estate in an area that is undergoing renovation or has a low population density, you may be able to purchase property for a reduced price.

Second, you may also qualify for the visa by making a minimum financial investment of 1.5 million Euros. This is another option.

Thirdly, you’ll be able to contribute to the employment market in Portugal. Either you invest a minimum of €500,000 in a local firm and create at least five new full-time employment over the following three years, or you may create a minimum of ten new full-time roles in a business that you own. Both of these options are available to you.

Last but not least, you have the opportunity to contribute at least 250,000 Euros to the protection of Portugal’s national heritage or at least 500,000 Euros to the country’s research and development efforts.

Tourist Visa
Residents of a broad variety of countries throughout the globe may visit Portugal under the auspices of a tourist visa for a short stay that is valid for up to ninety days with no previous application required. The United States of America, Canada, Australia, New Zealand, Japan, Brazil, and the United Arab Emirates are all included in this group of nations. Before entering Portugal, citizens of other countries are required to submit an application for a Schengen visa.

Here you can find a full list of the countries that need a Schengen visa in order to travel as a tourist and those that do not.

The most frequent kind of Schengen visa gives you permission to stay in the country for a total of ninety days during a period of six months. However, frequent visitors also have the option of applying for a 5-year visa that would enable them to stay in the Schengen region for up to 90 days every 180 days.

Each individual traveler will be required to submit their own application for a visa and give an itinerary that details the countries they will be traveling through to enter and exit the Schengen region as well as the countries they will be visiting while in the area.

You are required to submit a visa application form that has been filled out in its entirety, a valid passport, two passport photos that were taken within the past six months, proof of your reservations and itinerary, proof of travel health insurance with a minimum coverage of €30,000, proof of financial means to pay for your trip, and proof that you have paid the visa fee in order to apply.

Which Type of Portugal Visa Is Most Appropriate for Digital Nomads?
The Temporary Stay Visa is a good option for digital nomads who intend to remain in Portugal for an extended period of time. If you are a digital nomad and qualify for this visa by meeting the income criteria, you will have unrestricted entry to the Schengen Area for a period of up to five years. This visa was designed exclusively for digital nomads.

You are required to invest a significant amount of money and assets into the Portuguese economy in order to qualify for either the D2 Visa or the Golden Visa, both of which are geared at those who are searching for permanent or semi-permanent residence in Portugal.

In terms of being able to bring family members with you, establish local bank accounts, and travel freely inside the Schengen region, the D7 visa provides the same advantages as the other two.

Who is Eligible to Apply for a Temporary Stay Visa in Portugal for Digital Nomads?

It is possible that your present citizenship will determine whether or not you are required to apply for the Temporary Stay Visa. The following criteria should be used to apply for these citizenships.

If you are a citizen of the United States of America, you are eligible to apply for a Portugal Temporary-Stay Visa as long as you have a monthly income of at least €2,800. If you are not a citizen of the United States of America, you are not eligible for this visa.

If you are a citizen of the European Union
To visit, reside, or work in Portugal does not need a visa for citizens of the European Union (EU), the European Economic Area (EEA), or Switzerland. You will, however, be required to register as a resident with the SEF in the same manner as those who enter the country on a Portugal Temporary-Stay Visa.

If you are a holder of a United States Green Card, you are eligible to apply for a Portugal Temporary-Stay Visa in the same manner as a citizen of the United States. The most important distinction for those who have a Green Card is that they are required to guarantee that their residence visa (Green Card) is valid for three months over the maximum amount of time permitted in Portugal, which is two years.

If you are a citizen of Canada, Australia, or New Zealand, you should apply for the Portugal Temporary-Stay Visa in the same manner as residents of the United States, provided that you have a monthly salary that is equivalent to €2,800.

Those of you who call a different nation home
If applicants can demonstrate that they have a monthly income that is equivalent to or more than €2,800, they are eligible to submit an application for a temporary stay visa in Portugal.

Requirements for Obtaining a Visa to Enter Portugal for a Short-Term Stay