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Financial Independence

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Posts: 193
VIP Member
Topic starter
(@christopherdouglas)
Estimable Member
Joined: 13 years ago

Hello all, Happy New Year.

Can anyone tell us what the amount is to quality for ' Financially Independent' as one of the choices available as a requirement for a Portuguese residency permit?

Have looked on the SEF site and its got all the forms to download, all the requirements, but no actual figures. Unless that's just me :?

Cheers,

Chris n Hellen

10 Replies




Posts: 6
VIP Member
(@malanpeter)
Active Member
Joined: 12 years ago

SEF do not stipulate, so you are correct in that they do not give you a specific amount.
We are a retired couple and had €30,000 bank balance in our Portuguese Bank Account. We offered further Bank Statements from South Africa and told it was not necessary.
This was at SEF in Coimbra. I've also heard of others submitting a statement with €3000.

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Posts: 7054
VIP Member
(@chas-linda)
Illustrious Member
Joined: 16 years ago

There are figures hidden away in SEF site but they relate to Non EU visitors or Resident applications.

When you register at Camara who act as agents for SEF, when you sign there is a statement that says you are financially independent and would not be a burden to PT, in practice this very rarely even mentioned or proof asked for, just take a bank statement that shows some reasonable balance just in case, but don't volunteer it :)

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Posts: 287
VIP Member
(@teresa)
Reputable Member
Joined: 12 years ago

I remember we took our bank statement with us when we went to SEF, but no-one asked to look at it.

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Posts: 193
VIP Member
Topic starter
(@christopherdouglas)
Estimable Member
Joined: 13 years ago

Thank you all,
That's the most straightforward, useful and pleasing answer we've ever been given :D
All I need now is to understand the meaning of life 8)
And no, it's not 42 !
Many thanks,
Chris

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