Residency in Portugal beyond the Golden Visa
Portugal remains one of Europe’s most attractive destinations for those seeking residency by investment or professional relocation, even after the removal of the real estate option from the Golden Visa in 2024.
Despite changes to the program, the country has maintained its commitment to attracting foreign talent and capital through new legal residency options. According to the Portuguese Immigration and Borders Service (SEF), in 2024 more than 36,000 foreigners obtained residency in Portugal through alternative pathways — an 18% increase over the previous year.
This article outlines the new residency opportunities in Portugal beyond the Golden Visa and how Orience can guide you to make the most of Portugal’s tax, employment, and lifestyle advantages.
Why Portugal Remains a Key Destination for Expats
- High quality of life: mild climate, safety, and rich Mediterranean culture.
- Tax benefits: the Non-Habitual Resident (NHR) Regime offers advantages for 10 years.
- Competitive cost of living: Lisbon and Porto are more affordable than other European capitals.
- Access to the European market: residency in Portugal grants freedom of movement within the Schengen area.
Main Residency Programs in Portugal
1. D7 Visa or Passive Income Visa
Known as the “retiree or passive income visa,” the D7 Visa allows residency for those who can demonstrate stable income from pensions, rents, or investments. This visa’s popularity rose by 45% in 2024, according to the Portuguese Ministry of Foreign Affairs.
- Requirements: minimum monthly income of €820 for the main applicant.
- Duration: initial 2-year residency, renewable for 3 more years, with eligibility for citizenship after 5 years.
- Advantages: allows employment and access to Portugal’s public healthcare system.
2. D8 Visa for Digital Nomads
Portugal is a pioneer in Europe with its digital nomad visa, introduced in 2022 and refined after the pandemic. It allows remote professionals to legally reside in Portugal while working for foreign companies. According to Nomad List, Lisbon and Madeira rank among the world’s top 10 destinations for digital nomads.
- Requirements: minimum monthly income of €3,280 or proof of funds equivalent to 12 Portuguese minimum salaries.
- Duration: 1 year, renewable for 2-year periods.
- Advantages: access to high-speed internet, coworking spaces, and a global community of digital entrepreneurs.
3. Entrepreneur Visa (Startup Visa)
For those looking to start a business in Portugal, the Startup Visa program grants residency to founders of innovative companies. The country has built dynamic tech ecosystems in Lisbon, Porto, and Braga, supported by the public agency Startup Portugal.
- Requirements: a business plan approved by an accredited Portuguese incubator and a minimum investment of €5,000.
- Advantages: access to European funding, networking, and eligibility for permanent residency after 5 years.
4. Qualified Employment Residence Visa
Portugal also attracts highly qualified professionals in fields such as technology, healthcare, and renewable energy. Companies can sponsor visas for foreign employees through local employment contracts.
- Requirements: a job offer in Portugal and professional accreditation.
- Advantages: fast-track residency access and eligibility for family reunification.
Tax Benefits and Additional Advantages of Living in Portugal
The Non-Habitual Resident (NHR) Regime allows a reduced tax rate of 20% on income derived from high-value-added activities and exemptions on foreign income. Additionally, Portugal offers:
- Exemption from wealth tax.
- Possibility of dual citizenship.
- Access to top-tier education and healthcare.
Real Estate and Migration Market Data in Portugal
The country’s appeal goes beyond visas. According to the Bank of Portugal, foreign direct investment reached €6.2 billion in 2024, with a large portion directed toward real estate. Lisbon, Porto, and the Algarve lead housing demand, with annual increases of 8% in sale prices and 12% in rental rates.
How Orience Helps You Obtain Residency in Portugal
At Orience, we assist our clients throughout the entire relocation and residency acquisition process in Portugal:
- We evaluate the most suitable pathway based on your profile (D7, D8, Startup, or employment).
- We prepare the required documentation and translations.
- We coordinate appointments with consulates and SEF.
- We offer tax advisory services to optimize your residency.
Thanks to our expert team, you can settle in Portugal safely and make the most of all the opportunities this European country offers.
Frequently Asked Questions About Residency in Portugal Without the Golden Visa
What are the requirements for residency in Portugal without the Golden Visa?
They depend on the visa type, but generally, you must provide proof of stable income, medical insurance, and a clean criminal record.
What is the D7 Visa for Portugal, and how long does the process take?
It’s a visa for individuals with passive income or pensions. The process typically takes between 2 and 3 months from application submission.
Can I obtain residency in Portugal as a digital nomad?
Yes. With the D8 visa, remote professionals can live and work in Portugal while being employed by foreign companies.
What are the tax benefits of residing in Portugal?
The NHR regime offers 10 years of advantages, including reduced taxes and exemptions on foreign income.
Is Portugal still a good destination for real estate investment in 2025?
Yes. Property prices continue to rise, and foreign demand remains strong, especially in Lisbon, Porto, and the Algarve.
Conclusion
Despite the stricter requirements of the Golden Visa, Portugal continues to offer multiple opportunities for those seeking European residency with tax advantages, stability, and quality of life. With the support of Orience, you can choose the most suitable option, meet the requirements, and begin your new life in one of Europe’s most desirable destinations.