One of the most common questions we are asked by new clients is “Do I need to apply for a Golden Visa, a D7 Residency Visa (Passive Income) or the D7 Digital Nomad Visa (Active Income/Long or Short Stay)?”, to which we always reply, “It depends on your end goal!” All visas give you the right to live, work or study in Portugal and grant citizenship (albeit at different times with different processes), but there are many other factors to consider when deciding what is right for you. We have created a helpful table below for you to use and quickly decide what is best for you!
Golden Visa | D7 - Passive Income | D7 - Digital Nomad Short Stay Visa | D8/DR- Digital Nomad Long Stay Visa | |
---|---|---|---|---|
Physical Requirement per year | 7 days per year | 6 months consecutively or 8 months non-consecutively | No minimum stay | 6 months consecutively or 8 months non-consecutively |
Path to Citizenship | Yes | Yes | No, unless converted to Long Stay Visa | Yes |
Type of Financials Required | 350-500K Investment | Any immovable income (rental income, investments, dividends, pensions, etc.) | Remote Work Contract, Self Employed, or Own Your Own Company | Remote Work Contract, Self Employed, or Own Your Own Company |
As you can see, the three major factors that differ between the visas are the physical amount of time you need to spend in Portugal per year to maintain the residency, the type of financials you have, and whether or not you want to pursue the path of citizenship.
We hope this table was useful in visualizing your options better, and of course, please be in touch at [email protected] for any questions or take the next step and book a consultation call.