The D7 visa and Golden Visa are popular residency options in Portugal. The D7 visa is for those with passive income, allowing an extended stay without investment.
The D7 visa and the Golden Visa program are both popular residency options for individuals looking to live in Portugal.
The D7 visa, also known as the Passive Income Visa, is designed for individuals who can show proof of sufficient passive income to support themselves while living in Portugal. This visa allows holders to live in the country for an extended period of time, typically one year, and can be renewed annually. Holders of the D7 visa are not required to make any investments in Portugal.
On the other hand, the Golden Visa program is a residency by investment program that grants residency to individuals who invest a certain amount of money in Portugal. This investment can take the form of real estate, capital transfer, job creation, or cultural heritage contribution. The Golden Visa program offers a faster track to residency compared to the D7 visa, as it typically grants a five-year residency permit that can be renewed.
In summary, the D7 visa is ideal for individuals with sufficient passive income, while the Golden Visa program is more suited for individuals looking to make an investment in Portugal in exchange for residency. Both options have their own benefits and requirements, so individuals should carefully consider their own circumstances before choosing the right residency option for them.