D7 VISA: Savings, income, etc. – Visas, Residency & Citizenship – Expats Portugal Community Forum
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D7 VISA: Savings, income, etc.


Posts: 2
Community Member
Topic starter
(@mac90)
New Member
Joined: 2 weeks ago

Oi como vai!

It's hard to get a clear answer on the $$ required for the D7.

I have 500,000 in savings, but my only income is from interest and dividends.
Will this qualify?  It should, but no one seems to know for sure. I heard that 2 years worth of $$ put into a Portugal bank (about 35,000) should do it. 

 

Any info appreciated, thanks!

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4 Replies




Posts: 8
Premium Member
(@smokietreats)
Active Member
Joined: 3 months ago

How much capitals gains a year do you get from the 500k?  it's not 401k or IRA right?

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2 Replies
Community Member
(@mac90)
Joined: 2 weeks ago

New Member
Posts: 2

@smokietreats 

Hi,

Not sure yet, just got the money a few months ago....it should be around 5-10%...depends partly on the stock market.

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Premium Member
(@smokietreats)
Joined: 3 months ago

Active Member
Posts: 8

@mac90 talking about dividends and realized capital gains.. I don't think you can count the change in value of the holdings towards your D7 .. only dividends and stuff you sell.

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Posts: 2
Community Member
(@galen)
New Member
Joined: 8 months ago

Believe that smokietreats is correct.  The SEF are looking for passive income, not capital gains.  The income should be from outside Portugal and it should be sent in or transferred to Portugal.  In this way it becomes external passive income. This is based on our experience.  I recommend using an immigration lawyer to be sure as things are often changing.

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