Portugal · Passive income
D7 Residence Visa (Passive Income / Retirement Visa)
Open
Last verified July 2026
Open. Thresholds are indexed to the national minimum wage, which rose to EUR 920/month from January 2026.
The D7's income bar is trivially low for a UHNW family. The real bar is that it demands you actually live in Portugal. That means Portuguese worldwide taxation at up to 53%, with no IFICI shelter for passive income. It is a lifestyle decision that carries a large tax bill, not a structuring tool.
Qualifying routes
€11k
Passive income (pension, dividends, rent, royalties)
EUR 920/month for the main applicant, which works out to EUR 11,040 over 12 months. Add 50% (EUR 460/month) for a spouse, and 30% (EUR 276/month) for each dependent child.
The facts
- Minimum
- €11k
- Total landed cost
- Expect EUR 3–8k in consular, AIMA and legal fees for a family. On top of that, you will need proof of accommodation in Portugal and roughly 12 months of income held in a Portuguese account.
- Route type
- Income requirement
- Timeline
- 4–14 months (The consular visa typically takes 2–6 months. The AIMA residence appointment adds significant time on top, and it is hard to predict how much.)
- Physical presence
- This one is substantive. You can be absent no more than 6 consecutive months, or 8 non-consecutive months, in each residence period. In practice this means a genuine move, not a paper residency.
- Family
- Spouse or de facto partnerChildren under 18Dependent children under 26 in educationDependent parents
- Permanent residency
- 5 years
- Citizenship
- 10 years for non-EU/non-CPLP nationals, or 7 years for EU/CPLP nationals, counted from the first residence permit issuance.
- Language test
- A Portuguese language and culture test. Historically this has meant A2 CIPLE, though the required level is pending re-regulation.
- Dual citizenship
- Permitted
- Requirements
- stable, regular, passive income at or above the thresholdproof of accommodation in Portugal, either a 12-month lease or titlea NIF and a Portuguese bank account with roughly 12 months of income depositeda clean criminal recordhealth insurancetax residency in Portugal is expected
What can go wrong
- IFICI does not cover pensions. Foreign pension income is taxed at Portuguese progressive rates up to 53%. This is the single biggest reversal from the old NHR regime, and the reason the D7 retirement thesis is far weaker in 2026 than it was in 2019.
- Physical presence is real here. The D7 makes you a Portuguese tax resident by design. There is no low-presence version of this visa.
- AIMA applies the minimum-wage threshold in force at the date of your appointment, not the date you filed. That means a 2025 filing can be assessed against 2026 numbers.
- The D7 is scrutinised for disguised work. Remote employment income belongs on the D8, and consulates do reject D7 applications used to smuggle in active income.