Portugal offers two attractive residence visa options for foreigners: the D2 and D7 visas. Choosing the right one depends on your goals and circumstances. Here’s a breakdown to help you decide:

D2 Visa (Entrepreneur Visa)

Purpose

For individuals who want to start a business, invest in, or expand an existing business in Portugal.

Requirements

• A viable business plan demonstrating economic viability.
• Proof of sufficient funds to support yourself and any dependents during the initial phase (minimum €9,840 + living expenses).
• Investment in the business venture.

Residency Requirements

• Spend at least 4 months in Portugal during the first year.
• Reside in Portugal for at least 6 months per year in subsequent years.

Benefits

• Pathway to Portuguese residency and eventual citizenship.
• Freedom to travel within the Schengen Area.
• Potential access to tax benefits for Non-Habitual Residents (NHR).

D7 Visa (Passive Income Visa)

Purpose

For individuals who want to start a business, invest in, or expand an existing business in Portugal.

Requirements

• Proof of a monthly passive income exceeding the minimum amount set by the Portuguese government (currently around €1,200 for an individual and €2,400 for a couple).
• Secure accommodation in Portugal (owned or rented).

Residency Requirements

• Reside in Portugal for at least 183 days (consecutive) per year (roughly 8 months).

Benefits

• Ideal for retirees and those seeking a relaxed lifestyle in Portugal.
• Access to Portuguese public healthcare and education systems.
• Freedom to travel within the Schengen Area.
• Potential access to NHR tax benefits.

Key Differences

Focus

D2 for business ventures, D7 for passive income.

Business Involvement

D2 requires active business involvement, D7 does not.

Residency Requirement

D2 is more flexible in the first year, D7 requires a longer stay each year.

Choosing the Right Visa

Entrepreneurs

Choose the D2 visa if you aim to establish or grow a business in Portugal.

Financially Independent

Opt for the D7 visa if you have a steady passive income and seek a more relaxed lifestyle.