In response to the growing interest in the D7 Visa, which was initially designed for retirees, Portugal introduced a new Digital Nomad Visa (DNV) program to attract remote workers and freelancers.

The D7 Visa, has been in existence for several years, and was primarily aimed at pensioners seeking to relocate to Portugal. However, the program became popular among digital nomads and remote workers seeking to relocate to Portugal as well.

Despite the fact that the D7 program explicitly required passive income sources, many nomads were granted residency under the program based on freelance income, business income, and even remote salaries during the pandemic period.

Purpose and Popularity: The DNV is designed specifically for digital nomads, freelancers, and remote workers. It remains a popular choice due to Portugal’s appealing climate, culture, and cost of living.

Streams and Duration:

12-Month Visa: This option is for freelancers or self-employed individuals, offering a stay of up to 12 months with a possibility of a 6-month renewal. It facilitates visa-free travel in the Schengen Area.

2-Year Option: This pathway provides a stamp of entry for four months with two entries into Portugal and can be converted into a 2-year temporary residency permit, renewable for an additional 3 years. This option is significant for those seeking a path to Portuguese permanent residency or citizenship.

Income Requirements:

The income requirement for 2023 was set at €3,040 per month (4 x the Portuguese minimum wage of €760).

For 2024 we believe the figure to be the same but please do verify if there have been any adjustments to these figures when you come to look to use this option yourself.

Savings requirement for dependents remained at €8,460 as of 2023 and we believe this to remain the same for 2024.

Eligibility: Applicants must prove financial stability and have health insurance meeting Schengen Area standards.

Advantages:

Flexibility for freelancers and remote workers.
No requirement for a Portuguese identity number (NIF), a funded Portuguese bank account, or proof of address in Portugal.

Alternatives are the D7 Visa

D7 Visa Updates:

Focus on Passive Income: The D7 Visa is expected to return to its original focus as a passive income visa, suitable for retirees or those with income from sources like rentals, royalties, pensions, etc.

Lower Income Threshold: The income requirement for the D7 Visa is lower compared to the DNV, usually just above the Portuguese minimum wage. This makes the D7 Visa a viable option for those with lower income levels.

The D8 / DNV and D7 Visas continue to offer tailored pathways for different types of residents moving to Portugal. The DNV is more suited for active income earners like digital nomads, while the D7 caters to those with passive income.

Both visas provide opportunities to experience living in Portugal with paths towards long-term residency and potentially citizenship. It’s important to assess which visa aligns best with your financial situation and long-term goals.