PORTUGAL PASSIVE INCOME RESIDENT VISA
Leading towards Citizenship - Access to Schengen Zone
OBTAIN PORTUGAL RESIDENCY IN 4 MONTHS – NO INVESTMENT REQUIRED.
Are Your Ready to start your new life in Portugal? Let Superior Consulting help you in getting a Portuguese Passive Income Resident Visa.
This newly introduced Visa is an excellent choice for foreigners looking to permanently settle or retire in Portugal. If you have a steady constant income, or if you’re able to work remotely for an employer outside of Portugal, you could be eligible to apply.
This is a long-term residence visa based on your passive income which leads towards permanent residence and eventually citizenship.
Who should consider applying for this Residency visa?
This residence visa is ideal for salaried remote workers, freelancers, landlords, investors, and digital nomads who can meet the program requirements.
it is however best-suited to the following groupings of applicants:
Retired people receive sufficient levels of stable recurring pension income.
Remote workers, long-term digital nomads, and information industry professionals earn adequate stable recurring income outside of Portugal. If you have significant savings available, this can count in your favor.
Remote consultants, life coaches, digital entrepreneurs, affiliate marketers, and even crypto traders with sufficient stable recurring income, ideally combined with significant accessible savings.
Landlords earn sufficient long-term income from the rental of movable and/or immovable assets abroad.
Individuals earning steady constant income from investments, or those earning sufficient stable dividend income.
No IELTS or No Hugh Investment is required.
Portugal residency visa income requirements
The legislated net income levels are the minimum, and these amounts will often be rejected. Many websites quote the legislated minimum, but please understand that these are often insufficient.
Legislated minimum amounts:
The lead applicant – €7,980 a year. This amount is the current Portuguese annual minimum wage.
Dependent adults – €3,990 a year each (50% of the minimum wage).
Dependent children – €2,394 a year per child (30% of the minimum wage).
The minimum amount recommended by our experts :
The lead applicant – €10,000 to 12,000 a year.
Dependent adults – €5,000 a year each.
Dependent children – €2,500 a year each.
How long does the application process take?
The two parts are processed separately. In total, it can take up to four months to complete the process. This time excludes the gap between the issue of your visa and your move to Portugal for the SEF meeting.
How long is the Portugal PASSIVE visa valid?
Portugal recently changed the residence permit period, and many web pages still show the old information.
The residence permit is issued for two years.
After that, you can extend for three years.
After five years (2 + 3), you can qualify for a Portugal permanent residency (PR). Once you have PR, you no longer need to meet the passive income visa conditions.
After five years, you can apply for Portuguese citizenship by naturalization.
key program benefits
Your spouse and dependents under 18 years of age can accompany and your spouse can work without restrictions.
Gain access to Portugal’s world-class National Health Service (SNS) as a Portuguese resident.
Live, work or study in Portugal with visa-free access to the EU for up to 90 out of 180 days.
Free Education up to 12th Grade.
Save money on taxes with the Portuguese Non-Habitual Residency (NHR) Program.
Get Portugal Residence Permit within 3 to 4 months. We do all the paper work and make it easy for you.
Portugal Healthcare System for Expats and Foreigners
Portugal has strong public and private health care systems. The medical staff is qualified and the hospitals are equipped with the latest technology.
Portugal’s healthcare system was ranked 13th on the 2018 Euro Health Consumer Index. Compared to other European countries, life expectancy in Portugal is higher. Public healthcare is managed by the Serviço Nacional de Saúde (SNS), which is the national health service of Portugal. It is managed by the Portuguese Ministry of Health (Ministério de Saúde).
Who Can Benefit From the Portuguese Healthcare system in Portugal
Everyone who is a legal resident of Portugal can have access to healthcare and benefit from the national health system in Portugal.
This means that ex-pats can also benefit from the Portuguese healthcare services if they obtain legal residency. These groups of people include the unemployed under certain conditions, the retired, or dependent family members.
Costs in the Public Portuguese Healthcare System
Public healthcare in Portugal is mainly free for all citizens and legal residents. In some instances, such as visiting emergency rooms or family doctors, having a medical emergency, doctor’s appointments, and diagnostics exams, there may be some fees to be paid. It differs between €5-20
Education in Portugal
Education in Portugal is free and compulsory until the age of 18 when students usually complete their year 12.
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