Introduced in 2007 by the Portuguese government, the Steady Revenue (D7) Visa, alternatively known as Retirement or Passive Income Visa, invites non-EU/EEA/Swiss nationals with a reliable, regular net passive income to settle in Portugal. This income could stem from pensions, movable equity, real estate, intellectual property, or financial investments.

The eligibility threshold is a yearly income of €8,460, with an additional 50% for the spouse and 30% for each dependent child. This visa opens the door to you and your family for legal residency in Portugal, targeting retirees and individuals with passive income, aiming to contribute to the economy. Although primarily for retirees, this visa doesn’t restrict professional activities in Portugal.

Application for the D7 visa is through the Portuguese consulate, and upon approval, your family also becomes eligible for residency under family reunification regulations. This visa also grants access to visa-free travel within the Schengen zone.