Portugal
Portugal offers attractive tax regimes and residence permits to people who wish to invest or simply to relocate permanently. Portugal has attractive tax policies for these who plan to live and work indefinitely, as well as attractive residence and employment permits for investors and others. Portugal ranked third among all countries worldwide with an economical health system, according to the World Health Organization, which had Portugal at number twelve with the world’s best accessibility. On average, the cost of living in Portugal is considerably less than in various other countries in Europe.
D8 Visa Program:
- 2 YEARS DIGITAL NOMAD RESIDENCY OVERVIEW
- Obtain an “entry stamp” type visa that is good for 4 months and 2 entries into the Portuguese territory.
- Convert this visa into a temporary residency permit with 24 months (2 year) validity, and which can be renewed for an additional 36 months (3 years), subject to meeting certain program requirements.
- Get on a path to potential Portuguese permanent residency and/or citizenship.
- Monthly stable income requirement: €3,040 + (along with at least €9,120,00 in a Portuguese bank account). Please note that bank account at the embassy stage is mandatory, everyone applying, even if alone, will have to show at least 9,120.00 (equal to 12 minimum salaries).
Independent Vs Employee
If you are involved in independent activity, you must provide the following documentation with your visa application:
- Proof of your tax residency (copies of tax returns).
- Pay stubs proving your earnings over the last three months at least €3,040 per month.
- A formal agreement stating your company’s terms and conditions.
- An agreement or proposal in writing stating the terms and conditions of a service contract.
- Documentation proving the provision of services to one or more organizations.
If you are an employee, you must provide the following documentation with your visa application:
- A document proving your tax residency (copies of tax returns).
- Pay stubs indicating your earnings during the last three months, at least €3,040 per month.
- A formal agreement stating your employment’s terms and circumstances.
- Your employer’s written pledge expressing their desire to recruit you.
- A statement from your employer attesting to the existence of a working connection.
Document Proving the Family Relationship:
- Family members of a digital nomad visa applicant, when all the family travels from the same country of origin, can apply for a visa for accompanying the main applicant. For that its necessary:
- Availability of specific and resources, through presentation of bank accounts, for the requested period of stay (reference of available value per month/minimum – 760 € for adult family member applicant, 353 € for dependent adult and 212 € for dependent children – 2022 values).
- This means that in an application of the partner of a digital nomad visa for a period of one year must prove, at least, the availability of 760 € x 12 = 9.120 € in bank accounts. These values needed to be proved apart of the resources for the digital nomad visa applicant.
Successful Application:
- Providing adequate financial means, having a clean criminal record, and having a legitimate cause for wishing to stay in the nation for an extended period.
- Identification proof, proof of job or self-employment, and proof of financial soundness.
- It is also essential to have all required papers translated into the official language of the nation to where you are applying.
- CapitalUK Citizenship will boost your chances of Success and provide the correct application. Navigate the complicated laws and procedures.
Overall, the eligibility conditions for the Portugal Digital Nomad Visa are intended to guarantee that candidates can sustain themselves financially, are in good health, and are eligible to work in Portugal. By completing these conditions, digital nomads may take advantage of the D8 visa’s numerous perks, including the ability to live and work in Portugal temporarily.
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