The D7 Visa is most known as the Retirement Visa or Passive Income Visa. It allows non-EU/EEA/Swiss citizens to apply for temporary residency in Portugal, as long as the applicant is in receipt of a reasonable and regular passive income.
The Requirements For The D7:
Non-Eu/EEA/Swiss Citizen
Proof of a regular passive income, from either a pension, rentals, dividend, or financial investments
A clean criminal record
Proof of a residency address in Portugal
Spend a minimum of 16 months in Portugal within the first 2-year period of application
Benefits of The D7 Visa:
Permission to live, work and/or study in Portugal
Non-Visa dependant travel in the Schengen Area
The opportunity to establish a business or accept an employment in Portugal
After a period of 5 years in which a renewal of visa applications has been followed, the applicant is eligible to qualify for a permanent residency or Portuguese citizenship
Resident rights in Portugal, which include healthcare and education