There are two options to get a visa in Portugal for digital nomads: if you have required amount of stable passive income or if you are officially registered as a remote employee.
There are two options to get a visa in Portugal for digital nomads: if you have required amount of stable passive income or if you are officially registered as a remote employee.
What counts as passive income:
rental income
dividends
royalties
bank deposits
bonds, securities and trade activities
pensions
Income requirements: In order to qualify for a D7 visa, potential applicants must be able to show proof of at least 10000 EUR of passive income (or pension) for the past 12 months period.
For the main applicant – 100% of annual minimum wage
for the spouse or parents – 50%
for dependant children – 30%
Required documents:
Non-EU citizen passport/id
Portuguese tax id number (NIF)
Account in Portuguese bank
Proof of sufficient funds to fully cover a planned stay in Portugal
Proof of residential address in Portugal (rental contract for 12 months)
Health insurance for 12 months
Clean criminal record
+ proof of remote employment
Benefits of Portugal as a residence for digital nomads:
Soft Climate and up to 300 sunny days per annum
Ocean! And that means great seafood, breathtaking views, beautiful beaches, surfing and other water activities.
Super-friendly locals with the majority proficient in English
One of the lowest crime rates and highest security rates in EU
Very high quality of life
One of the cheapest countries to live in the EU
Open minded, modern government that provides support for new initiatives and facilitates development programmes for start ups and commerce
High availability for loans under low annual interest rate
High quality healthcare
Flexible taxation and exemptions under NHR regime for newcomers