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www.global-migrate.com
PASSIVE INCOME
PENSION VISA
www.global-migrate.com
Passive Income – Pension Visa
This visa is an alternative route to obtain Portuguese residence at lower governmental fees,
with a quicker approval rate, for those who intend to live in Portugal.
The application starts at the Portuguese Consulate of the country where the applicant has
his/her habitual residence.
Applicants are entitled to:
➢ Reunify their family members in Portugal
➢ Live in Portugal > Study in Portugal
➢ Access to public schools and universities (such as citizens)
➢ Access to social security system
➢ Access to the National Health System
➢ Access to the court of laws and to the Portuguese law
➢ Benefit from the tax status of non-habitual residents in which specific activities,
pensions and dividends are exempt of taxation.
www.global-migrate.com
Who can apply?
Non-EU/EEA/Swiss citizens who desire to relocate to Portugal and who receive pensions or passive
income.
Requirements
➢ Creation of a Portuguese Tax number
➢ Opening a Portuguese Bank account
➢ On-line submission of a visa application and scheduling of an appointment at the Portuguese
Consulate of the country where the applicant has his/her residence (applicable to all applicants
regardless their nationalities)
➢ Travel and Health insurance or a declaration stating that said insurance will be contracted in
Portugal up to 90 days after his/her arrival
➢ Clear Criminal record
➢ A signed declaration specifying:
1. the purpose of the Visa’ request
2. the period the applicant intends to live in Portugal
3. the address where the applicant is going to reside, and, if applicable, indication of the name, address,
phone number of friends and/or family residing in Portugal
➢ Proof of income that allows the applicant to reside in Portugal for at least 12 months. Said proof
can be provided as follows:
a) retired applicants: by providing a document proving the retirement status, the income received, or other
income obtained in Portugal
b) passive income applicants: providing the annual tax return, indication of the real estate and financial
assets owned by the applicant, availability of said resources in Portugal
➢ Proof of having a domicile in Portugal by:
a) Acquiring, renting or borrowing a property
b) Invitation letter written by a citizen with a legal residence in Portugal, stating that he/she will provide
accommodation for the applicant
www.global-migrate.com
Renewals
The Passive Income Visa is a temporary Residence permit valid for a period of 1 year renewed twice for a
period of 2 years.
Minimum stay In Portugal
After the approval of the temporary residence through the passive income visa applicants cannot be away
Portuguese territory more than 6 months in a row or 8 non-consecutive months. The minimum stay can
be waived if the applicant justify is absence by personal or professional reason.
Permanent Residence Permit
After the minimum period of 5 years, the applicant may apply for a Permanent Residence Permit. It will be
necessary to have a basic knowledge of Portuguese, a domicile in Portugal, and a clean criminal record.
Portuguese Nationality
After 5 years, the applicant may also apply for Portuguese citizenship. The requirements are basically the
same as for the permanent residence, plus a demonstration of existence of connections and ties within the
Portuguese community
Government Fees
➢ Analysis fee - € 83,10
➢ Issuance of the temporary permit card - € 72,00
➢ Renewals - € 33,50
Global-Migrate Fee
SINGLE APPLICANT MARRIED COUPLE COUPLE+1 KIDS
(UNDER 21)
COUPLE + 2 KIDS
(UNDER 21)
ADDITIONAL
DEPENDANTS
EUR 6300 EUR 10500 EURO 12,600 EUR 14,700 EUR 2,100
50% initially, 50% after first visa approval (which is usually from the country of residence)

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Global migrate portuguese passive income visa

  • 2. www.global-migrate.com Passive Income – Pension Visa This visa is an alternative route to obtain Portuguese residence at lower governmental fees, with a quicker approval rate, for those who intend to live in Portugal. The application starts at the Portuguese Consulate of the country where the applicant has his/her habitual residence. Applicants are entitled to: ➢ Reunify their family members in Portugal ➢ Live in Portugal > Study in Portugal ➢ Access to public schools and universities (such as citizens) ➢ Access to social security system ➢ Access to the National Health System ➢ Access to the court of laws and to the Portuguese law ➢ Benefit from the tax status of non-habitual residents in which specific activities, pensions and dividends are exempt of taxation.
  • 3. www.global-migrate.com Who can apply? Non-EU/EEA/Swiss citizens who desire to relocate to Portugal and who receive pensions or passive income. Requirements ➢ Creation of a Portuguese Tax number ➢ Opening a Portuguese Bank account ➢ On-line submission of a visa application and scheduling of an appointment at the Portuguese Consulate of the country where the applicant has his/her residence (applicable to all applicants regardless their nationalities) ➢ Travel and Health insurance or a declaration stating that said insurance will be contracted in Portugal up to 90 days after his/her arrival ➢ Clear Criminal record ➢ A signed declaration specifying: 1. the purpose of the Visa’ request 2. the period the applicant intends to live in Portugal 3. the address where the applicant is going to reside, and, if applicable, indication of the name, address, phone number of friends and/or family residing in Portugal ➢ Proof of income that allows the applicant to reside in Portugal for at least 12 months. Said proof can be provided as follows: a) retired applicants: by providing a document proving the retirement status, the income received, or other income obtained in Portugal b) passive income applicants: providing the annual tax return, indication of the real estate and financial assets owned by the applicant, availability of said resources in Portugal ➢ Proof of having a domicile in Portugal by: a) Acquiring, renting or borrowing a property b) Invitation letter written by a citizen with a legal residence in Portugal, stating that he/she will provide accommodation for the applicant
  • 4. www.global-migrate.com Renewals The Passive Income Visa is a temporary Residence permit valid for a period of 1 year renewed twice for a period of 2 years. Minimum stay In Portugal After the approval of the temporary residence through the passive income visa applicants cannot be away Portuguese territory more than 6 months in a row or 8 non-consecutive months. The minimum stay can be waived if the applicant justify is absence by personal or professional reason. Permanent Residence Permit After the minimum period of 5 years, the applicant may apply for a Permanent Residence Permit. It will be necessary to have a basic knowledge of Portuguese, a domicile in Portugal, and a clean criminal record. Portuguese Nationality After 5 years, the applicant may also apply for Portuguese citizenship. The requirements are basically the same as for the permanent residence, plus a demonstration of existence of connections and ties within the Portuguese community Government Fees ➢ Analysis fee - € 83,10 ➢ Issuance of the temporary permit card - € 72,00 ➢ Renewals - € 33,50 Global-Migrate Fee SINGLE APPLICANT MARRIED COUPLE COUPLE+1 KIDS (UNDER 21) COUPLE + 2 KIDS (UNDER 21) ADDITIONAL DEPENDANTS EUR 6300 EUR 10500 EURO 12,600 EUR 14,700 EUR 2,100 50% initially, 50% after first visa approval (which is usually from the country of residence)