If your work is ‘remote’ – i.e. your clients are outside Portugal, then the D7 passive income Visa could also be best, as remote work is classified as ‘passive income’.
What are the benefits of the Portugal D2 Visa?
There are several...
- You don’t have to demonstrate passive income
- You don’t have to make a significant investment in Portugal
- You can gain Portuguese citizenship after 5 years
How do I acquire a D2 Visa?
Your main task when you apply for a D2 Visa in Portugal is to demonstrate to the Portuguese authorities that your business plan has a reasonable chance of success. As a minimum, your business must generate enough income to support you while you live in the country. Part of this involves showing ‘proof of means of subsistence’. You should have enough savings in the bank for you to live in Portugal for at least 12 months. The authorities would be looking here at 12 months of the Portuguese minimum wage - currently €705 per month. So you’ll be looking at demonstrating savings of around €8,500.
Two stages to the D2 application process
Attending an interview at the Portuguese Embassy or Consulate in your home country. All being well, you’ll be issued with your D2 Visa, which will be initially valid for four months and enable you to travel to Portugal on the D2 status and apply for residency.
An appointment in Portugal with the SEF (Immigration authorities). It can take a long time to get an appointment. As long as the appointment is booked, you’ll be legally permitted to stay in Portugal even after the four-month visa period is over.
What else do I need for my D2 Visa in Portugal?
Proof of accommodation in Portugal
You’ll also need to show proof of accommodation. This could be in the form of...
- A rental contract
- deeds to a property
- a letter from a friend or relative who is already a legal resident of Portugal inviting you to stay with them
Criminal record check
You’ll need to show the authorities a recent (no longer than three months old) criminal record check from any country where you’ve lived for more than 12 months.
Six months Travel Insurance
You should insure yourself for at least six months to ensure you’re still protected if your residency appointment is delayed. Of course, once you’ve acquired your residence permit, you’ll be entitled to Portuguese state healthcare.
Your insurance policy should include...
- Medical emergency cover across the Schengen area
- Repatriation of the body in case of death
The D2 Visa and Portuguese citizenship
To be eligible for Portuguese (and EU) citizenship, you need to have spent at least five years as a legal resident of the country.
To do this, you must maintain your residency status for the entire five years – keeping Portugal as your primary home and country of tax residency. You must spend at least six months in the country each year.