Hey!! I have been watching your videos for a little over a year and have made the move to Portugal around two months ago and settling nicely. We did the D2 visa which is working nicely, similar to D7.
Chris, I hope you don’t mind me asking… did you have to show 4 x the income of the D7? May I ask, are you only in Portugal for a period of time or was it supposed to be a permanent move?
@@JenShea Hi Jen, don't mind oyu asking at all. I actually went with the D2 visa and have only shown past W2 and pay stubs. I will show the bank statements at the SEF meeting in 16-18 months. And this is a permanent move.
@@chrisarterbury6984 Hi Chris, thank you. I’m not from the US - what are W2s? I do t have ‘pay stubs’. My income comes from various clients and it can vary each month. I’m concerned about the income amount being 4 times what it was for the D7. If I’m hearing that right, it’s well over $4,600 CAD a month. I do OK but I have nowhere near that monthly. Under the D7 amounts I would have been perfectly fine… as my income can fluctuate. I’m very used to living on a tight budget and in general Portugal’s cost of living is significantly lower than Ottawa. You mention your SEF is isn’t until 16-18 months?
@@JenShea Hi Jen, for the 4x amount, I believe that is 4x the monthly minimum wage here ~800 euro/month, you would need that amount in your account, not monthly income. As for teh W2, that is the US tax form, you would need your tax papers to open a bank account here and proof of income
You guys delivered!!! This is the BEST, and most comprehensive breakdown of, the new digital Nomad vs D7 visa application options, I have ever seen! And I have watched almost every video regarding this info. You guys are officially the one stop RUclipsrs I would use or recommend, if I only had to choose/recommend one. You're the best. Newsworthy! Excellent job as usual! Thank you!👍🏾❤
😁 You're making us blush. It did take a while to source all of this information and package it into a tidy 5 minute video that we believe people can understand. If it was me (Josh), it would have been a 7 minute video because I speak slower than Kalie. 🤣 We couldn't have done this video without help and guidance from one of our relocation partners either. Thank you for the support as always, Mo. And what's this about you cheating on us by watching others? 😅 Just kidding. - Josh & Kalie
@@ExpatsEverywhere I only speak truth. You guys seriously rock this platform! I only watch others to evaluate YOUR work 😁. Now you know you're truly the best! Way to go, speed talking, Kalie! Appreciate you both really!❤
@@moward301 😁 Good save, Mo! For real, thank you. We appreciate the encouragement and fun messages we get from you. Kalie's on 1.25x speed and I'm on .85x 🤣 - Josh & Kalie
I just got approved for my D7 visa through DC, and thank God I did! I don't meet the financial requirements for the remote worker visa. And I just heard that DC just stopped taking mail-ins. So I don't know how I got this lucky, but I'm definitely playing the lottery tonight. :)
@@KatieRaeRae It is really awful news, isn’t it Katie Rae. I couldn’t apply before this coming year, for a few personal reasons, and now that I’ve been ready to get the D7 application going this happened. I’m not trying to go for a year. I want to move and I don’t want to wait to retire so I simply have retirement income. I am self-employed. North America (Canada) is so expensive now… Portugal was a much better option but not only that, I love it there. I’ve no intention of moving again in a year. I don’t want to be a digital ‘nomad’ - I want to settle in to a permanent life in a town on the Silver coast. I’m a few years away from proper retirement and I don’t have investments to draw from. It’s just me and my future Canada Pension Plan and me working ‘from home’ until that day comes. I actually sat here with a glass of Vinho Verde trying to drown my sorrow. (I’m not much of a drinker, so nothing actually got drowned).
@@JenShea I'm so sorry! There's got to be another way. Things in Portugal seem pretty fluid. Maybe they'll relax the requirements after a few months. Or maybe there's another visa that would suit your situation better? Don't give up, though! It took me three years to get to this point. Where on the Silver Coast are hoping to move?
this is a great video! love the content y'all have. 👍 I have a particular question: I'm wondering about the letter I need from my employer that documents/verifies that I'm employed - is it just a generic letter with basic info & salary (like the kind you might need to apply for a loan or lease agreement)? OR does the letter specifically need to mention you have the right to work abroad? Is it like a whole process where the Portuguese consulate calls and verifies everything w my employer? Not trying to be shady but I need to know exactly how I'll explain this to HR/my supervisor before hand! 🙏
Hi, guys. Thank you for the video. But what about before the digital nomad visa? Do we still need the NIF and Portuguese bank account? Would you still recommend Bordr’s services for those who want the digital nomad visa?
Hi, you still need a NIF and bank account right now for either. Yes, we would still recommend Bordr.io to get that done in an efficient and effective way. - Josh & Kalie
Hey there. We’ve just spent the last three months in Portugal getting everything in order for our D7 appointment on 20 Jan 2023, including NIF numbers, loading up bank accounts, a two year lease on an apartment, and were actually looking at houses because our plan was to apply for citizenship when the time comes. Are you saying that when we show up at VFS that they’re going to say, “Sorry, you’re out of luck?”
Is that the appointment with SEF in Portugal you refer to? If your application for the D7 visa was already submitted and accepted and you've been given a date for your SEF appointment in Portugal, I conclude that you are being considered for he D7 visa, otherwise they'd already have rejected your application and not give you the appointment date with SEF. They are incredibly busy and don't waste time with non-starters. That''s all good so far. When you go to the SEF appointment, I'd advise you to show more docs than what they are asking. Say, they ask for proof of income for the last 3 months: show them proof of income for the last 2 or 3 years as well. Show them proof that you've paid tax on that income in your country of residence. Portugal is interested in people that will CONTRIBUTE to society when they become permanent residents. Tax dodgers will not impress them. TIP: If someone has a good income but cannot show proof they've paid any tax on it, it could kill the application. If you are a couple with children and intend to move to Portugal permanantly, they'll be more inclined to consider your application as the country needs to grow the population and reverse population ageing and decline. Good luck!
Always great information! Interesting about the ability to apply from country of residence rather than your home country. Does that apply to the D7 visa as well or only the new remote worker visa?
Thanks, Loren. This is a commonly misunderstood thing but it sounds like Chris cleared it up for you. We've known plenty of people to successfully apply from a place that's not their home country. - Josh & Kalie
@@ExpatsEverywhere Yes, I will contact the Portugal consulate here in Mexico, where I currently reside, to see what they have to say. If I were still in the USA I believe the process starts with VFS global. Not sure how the application process goes here in Mexico. Thanks again
@@lorenlinck4345 I just had a quick look and it doesn't seem that VFS Global is used for the Portuguese consulate in Mexico. VFS is used for some destinations out of Mexico but it doesn't seem Portugal is one of them. All the best! - Josh & Kalie
Thanks for the great video guys. Did you start the process of renewing your residency after 2 years? Pls post details if you did. Was it easy? What docs did you need to submit? Is online system working well and easy to operate? Thanks a lot as always.
Thank you. Yes, we're working on it now and will make a video accordingly. The online system isn't working and it looks like we have to make an appointment. - Josh & Kalie
Thank you. 🙏 It took a while to source the right information and still there are so few that have been issued this visa so far because it's so new but we needed to get it out to you all. - Josh & Kalie
Thanks for the video. It's a much needed update. I've seen that banks are changing their policies and not wanting to open accounts for foreigners who don't have passive income. Do you know if a bank account is still required for the digital nomad visa?
You’re welcome, Renee. As of now, both visas carry the same requirement when it comes to NIF and bank account. There are certain catch 22s that exist because these different organizations and companies don’t work with each other. What SEF requires and what banks are willing to do are separate. It’s frustrating, we know. Early on when banks were told, hey, SEF/consulates are requiring a funded bank account, they were like, “Really? So how is that our problem”. It’s a weird attitude to have at an organizational level. One of the issues on the banks side from what we heard is that there was a wave of people that opened an account remotely, moved over and closed the account when they arrived so it was a lot of upfront work for the bank with little reward for them. 🤷♂️- Josh & Kalie
@@ExpatsEverywhereThat makes sense as to why they are not as interested. They are in the business of making money, so banks make decisions based on that. It has been frustrating and a bit confusing. But, hopefully there will be more clarity as the visas start being issued. Thanks again!
Looking forward to your video about the Portuguese housing market and projections about it for 2023. Planning to retire and move to Portugal in 2024. Also, will your D7 course be updated, or does it need an update due to these changes?
So I earn passive income well above the required amount. Same with active income, but my active income is not from a company, but on my own. Also is there any difference based on the "1 year lease agreement" contingency? I think that 1 year apartment lease is the most annoying step to doing the D7 visa. It worries me I would lease a place I don't like the location of, or quality of the place I'm living without giving it a good look through.
I was worried about this step too. I found one in Coimbra that luckily I love. But I remember Josh and Kalie saying to remind yourself that first apartment is not your forever home. It's just to get you there. And the street view of google maps really helps. Also, if you're on Facebook, joining a group from the area you're looking at will help too. They will be able to give you the inside scoop on different areas.
Unfortunately, this is at the discretion of the consulates. Katie Rae has it right though. Great advice from her. Also, you have legal protections and there’s a rumor that the government will legislate a maximum amount of deposit that a landlord can ask for but let’s see if that happens. - Josh & Kalie
I understand one of the requirements of the D7 is staying at least six continuous months in Portugal each year. Does the new Digital Nomad visa have any stay requirements? And could I utilize the NHR if I used the Digital Nomad visa to acquire residency?
Well you’re discussing our relating to D7 visas for people who are going to work in Portugal, correct? Has anything changed as far as a D7 if you’re retiring over there with sustainable income? Would appreciate your letting me know. Thanks
D7 and remote worker aren't for people that are going to work in Portugal. They're for people that are going to live in Portugal. It's a little different. Nothing has changed for the D7 for people with passive income. - Josh & Kalie
For an early retiree too young to receive income from retirement accounts or social security, what qualifies as “passive income”? Would having a certain amount of total assets qualify?
It depends on how far away you are from traditional retirement age. But, it is my understanding that if you can show enough savings to bridge the gap from your current age to retirement age, you should be good. For example, let's say you and a spouse are planning to use the D7 visa and you are both 55, and you expect to start US social security benefits at age 65. And roughly the minimum is € 13K per year. You have a 10 year gap to bridge, so you'd need to show at least € 130K in savings, as well as the benefits letter from the SSA. These are very rough generalizations, but that's the basic concept.
Passive income is any income that you don't have to work for, such as a retirement pension, interest & dividends, rental income, investment income, etc. Rental income is passive income. If you own your current home, you could rent it to generate passive income. But you'd need to show proof that you were already receiving that income when applying for your visa. I don't think that showing a rental contract with a future date would be accepted as proof of rental income, as anyone can write a fake contract. I think that the minimum amount of passive income you need to qualify for a visa with passive income (D7 Visa) is still the equivalent to the portuguese minimum wage of 760 Euros per month for 2023. I think that if you have enough savings to cover your living costs in Portugal (and the minimum required is 760 Euros per month) you'll be able to get a visa. A residence visa is usually given for 1 year and then renewed. So the immigration service will want to make sure you have enough funds for that first year and subsequentely will check again at time of each renewal. I think you should go for it. Portugal wants to attract retirees and you are a hot candidate. 😎 Good Luck! P.S. Another route is the Golden Visa, where you'd need to buy a property for a minimum of around 300K Euros.
Your name sounds Irish. If you have Irish ancestry you may be able to get Irish citizenship leading to an EU Irish passport: EU citizens can live anywhere they choose within the EU block, including Portugal. No visa needed.
@@donnacosta5633 a couple mistakes in what you posted here. The term "passive income" has a very specific meaning in the context of a Portuguese D7 visa. In that context, it means any income coming from outside Portugal, including salary for work, as long as that work is remote, such as working for a company based in the US, or doing freelance work for Canadian clients. The new D8 digital nomad visa specifically targets people with work outside of Portugal, but people are approved every day who rely on work income from outside Portugal. You need a combination of savings and verified income to make this happen, though. Also, residence visas from the D7 are for 2 years, then renewed for another 3 years. Golden visa has tightened up a lot recently. €500K instead of €300K, and the number of areas within Portugal eligible for GV purchases has been reduced greatly. The key thing to remember is that there is a new visa, the D8 digital nomad visa, and that the term "passive income" for the D7 visa doesn't mean what we traditionally think it means. For the person who originally asked the question; there are two main options for you to look at, the D7 and D8 visas. There's a well-known Facebook group that you can join to get information on best practices and the experiences of hundreds if not thousands of other Americans who have successfully moved.
Is a year housing contract also required for the remote worker visa? I heard you can apply for it from within Portugal, so at least it might be possible to rent temporarily while getting read to apply, unless I am misinformed?
If your income will be from Air BnB in the US, does this qualify for the D7? Same question for Etsy income from the US. Thank you, looking forward to buying whichever course fits my family’s situation.
Yes, the AirBnb income should be considered passive income like rental income. The Etsy one might be a little trickier but it's probably going to be considered passive income too. Do you have fairly regular sales on it? The reason the two might be classified as different is because you have an investment property making "passive income" vs your active creations/designs on Etsy. If you email us this questions, we might be able to react out to a relocation company to get this answered on your behalf. - Josh & Kalie
Having grown up in Spain in the sixties and seventies and visiting a number of times over the years I have seen a lot of changes. The one thing that hasn’t changed is the lifestyle. The Spanish live without the sense of urgency that puts Americans into early graves. I am selling off my house and personal property and heading to Spain to live my best life. I am pretty much a native speaker with a vocabulary limited to that of a twelve year old boy.
Looking to apply for Remote Worker Visa with two year temporary residence as I am a 1099. Are the any requirements for length of time spent in Portugal for this option and if so do the days need to be consecutive?
Do you think a payout wish list is a good way to support the lifestyle? A payout wish list lets you make a wish list and when someone buys you something you receive the money. For instance, if you were to add $20 clothes to your wish list and your viewers buy you the clothes then you receive the full $20.
Thank you Josh and Kalie! My husband is retired and has passive retirement income. I am a freelancer with above the minimum requirement. Would he apply for the D7 and I would apply for the Digital Nomad? Or do they need to be together?
I'm not sure I understand. Does this mean that if you're trying for the D7 visa while still remote working outside the country, this is not allowed now?
We are currently looking into D7 with a Lawyer named Maria on RUclips. She is legitimate but 5k per family member seems pricey (family of four) Do you see this as far too much or reasonable for a company that has had 100% success rate for thousands of applicants?
That's far to expensive. I'd call it extortion... I've just heard of a family of 3 that got their D7 visa for a total cost of around 3k and that inclued an hotel stay in London for the first consulate appointment, travel to and from, plus the fees for a portuguese lawyer. Look up Savvy Cat Realty. They are professional lawyers and have good success rate, and deal with absolutely everything including rental contracts. There are a lot of "money sharks" around preying on D7 applicants.
Does your active income meet the new financial requirement? If yes, then you're good. If no, then you have to hope they'll accept you as a D7 applicant under the old system. - Josh & Kalie
Hi! Can you please explain how taxes will work with the two versions of the digital nomad visa? Can I stay as a W2 employee for my US company and not have to use an employer of record? Thanks!
@@jmsfuentes We know a few. Shoot us an email at info@expatseverywhere.com and we'll try to get you connected with someone that you like. - Josh & Kalie
It depends where you are / which consulate in which country is dealing with your submition. Some receive a lot of applications and may take longer than others. If your submition is straight forward, all docs are clear and easily verifiable, it will speed up the process.
It depends, officially, SEF has 60 business days to approve or deny (according to information given by the DC consulate). In reality, this number is ever changing. We've heard 5 days and we've heard 60 days. - Josh & Kalie
@@ExpatsEverywhere Please note that the portuguese minimum wage will be €760 euros from next month January 2023. You need to take this in mind for new visa applications.
@@nativeadviser6870 Correct. Since it's not 2023 yet. We didn't want to go based off of that information. It was a reason that we kept referencing "Portugal's minimum wage" instead of a specific number. - Josh & Kalie
@@ExpatsEverywhere I think you mean it's dead for people that have active income (remote workers). Are you aware of any D7 changes for passive income applicants (retirees, etc.)?
@@3fortheroad yes, the D7 is dead for some people. By our guess, it's 30-50% of people that were going to apply for it can no longer apply for it. So the D7 is dead for them. That was the point of the thumbnail. We're assuming you're not in that boat and therefore the change doesn't apply and you don't relate to the girl on the thumbnail. 😅 No changes to the passive income amount were announced with the new visa that we've been made aware of. - Josh & Kalie
🤣 It was kind of an accident. Ironically, we're in Morocco right now. Our timezone here is different but Google/RUclips didn't recognize where we were. - Josh & Kalie
ATTENTION : The portuguese minimum wage will be going up to €760 euros per month starting January 2023. All new applications submitted now should take that into account. If you are a young family with kids and looking for permanent residency in Portugal leading on to Portuguese citizenship, you are in LUCK! Just the kind of people Portugal is looking for right now, because the population is decreasing and the government needs to reverse that trend by attracting young families to settle here. You'll still need proof of enough income but you'll get approved. Guaranteed! And... speaking basic portuguese and paying your taxes will show further PROOF that you are serious about settling here and contributing to society. A sure thing to KILL OFF your application is when you show you have the money but cannot show proof of having paid any taxes on it where you live... (Portugal already has enough home grown tax dodgers and you won't impress SEF. You've been warned!) There are other (much easier) ways to move & settle in Portugal and get a residency visa: learn portuguese, find a job with a portuguese employer, arrive on a tourist visa and go straight to SEF with your signed employment contract to get a residency visa for the duration of your contract. Renew employment contract and residency visa. If you work & pay taxes for 5 years in Portugal, you can then apply for permanent residency or portuguese citizenship. Speaking good portuguese will definitely help...
@@ExpatsEverywhere because the income requirement is so vastly different! 4 times? That doesn’t seem remotely fair… for someone who is self-employed and on their own, that pushes them out… especially if they were making a permanent move. No plans to go back to North America.
At approx 3:05 you mention over €3000 income a month average! That’s $4,600 a month! In the D7 I qualified no problem but I do not make (nor need) $4600/month! I’ve watched twice now and I’m not hearing or reading this any differently! And, you didn’t mention which new visa (by name) you are referring to.
@@JenShea it's an example of a 3 month average for someone that doesn't earn the same amount each month. A lot of freelancers that are project based are liked this. You don't need to make a minimum each month if your monthly average of the past 3 months before applying reaches the minimum wage times 4. So as of right now in 2022, that's €705 x 4 which is €2,820. That is rumored to be changing in 2023 as the minimum wage is set to go up. - Josh & Kalie
@@JenShea hence the title and thumbnail. We knew this would impact a fair amount of people. We're not sure what the % of people it effects is but we'd guess the rule change applies to 30-50% of people and maybe rules out 10-15% of people that we know. We're not sure about people from outside of North America, UK, and Australia that are applying but there's that segment of the global population too that will be impacted. We just don't know by how much. Thanks for sharing and we're sorry to hear how it's impacted you. - Josh & Kalie
This D7 Visa its a joke its making life hard as young Portuguese cant even rent a apartment with average salary.... next elections CHEGA will put a stop to this nonsense!🤔
Hey!! I have been watching your videos for a little over a year and have made the move to Portugal around two months ago and settling nicely. We did the D2 visa which is working nicely, similar to D7.
Chris, I hope you don’t mind me asking… did you have to show 4 x the income of the D7? May I ask, are you only in Portugal for a period of time or was it supposed to be a permanent move?
Thanks for watching, Chris. Great job 👏
@@JenShea Hi Jen, don't mind oyu asking at all. I actually went with the D2 visa and have only shown past W2 and pay stubs. I will show the bank statements at the SEF meeting in 16-18 months. And this is a permanent move.
@@chrisarterbury6984 Hi Chris, thank you. I’m not from the US - what are W2s? I do t have ‘pay stubs’. My income comes from various clients and it can vary each month. I’m concerned about the income amount being 4 times what it was for the D7. If I’m hearing that right, it’s well over $4,600 CAD a month. I do OK but I have nowhere near that monthly. Under the D7 amounts I would have been perfectly fine… as my income can fluctuate. I’m very used to living on a tight budget and in general Portugal’s cost of living is significantly lower than Ottawa.
You mention your SEF is isn’t until 16-18 months?
@@JenShea Hi Jen, for the 4x amount, I believe that is 4x the monthly minimum wage here ~800 euro/month, you would need that amount in your account, not monthly income. As for teh W2, that is the US tax form, you would need your tax papers to open a bank account here and proof of income
I am glad that I purchased D7 visa course. I will review the course after Christmas. Kalie and Josh, keep up the good work!!!
You guys delivered!!! This is the BEST, and most comprehensive breakdown of, the new digital Nomad vs D7 visa application options, I have ever seen! And I have watched almost every video regarding this info. You guys are officially the one stop RUclipsrs I would use or recommend, if I only had to choose/recommend one. You're the best. Newsworthy! Excellent job as usual! Thank you!👍🏾❤
😁 You're making us blush. It did take a while to source all of this information and package it into a tidy 5 minute video that we believe people can understand. If it was me (Josh), it would have been a 7 minute video because I speak slower than Kalie. 🤣
We couldn't have done this video without help and guidance from one of our relocation partners either.
Thank you for the support as always, Mo. And what's this about you cheating on us by watching others? 😅 Just kidding. - Josh & Kalie
@@ExpatsEverywhere I only speak truth. You guys seriously rock this platform! I only watch others to evaluate YOUR work 😁. Now you know you're truly the best! Way to go, speed talking, Kalie! Appreciate you both really!❤
@@moward301 😁 Good save, Mo! For real, thank you. We appreciate the encouragement and fun messages we get from you. Kalie's on 1.25x speed and I'm on .85x 🤣 - Josh & Kalie
I just got approved for my D7 visa through DC, and thank God I did! I don't meet the financial requirements for the remote worker visa. And I just heard that DC just stopped taking mail-ins. So I don't know how I got this lucky, but I'm definitely playing the lottery tonight. :)
You are very fortunate. I'm in that boat. I'd qualify at the amounts for D7 but not 4 times that!
@@JenShea I know. I can't believe they raised it so high! I'm thinking they're trying to discourage so many from applying.
@@KatieRaeRae It is really awful news, isn’t it Katie Rae.
I couldn’t apply before this coming year, for a few personal reasons, and now that I’ve been ready to get the D7 application going this happened. I’m not trying to go for a year. I want to move and I don’t want to wait to retire so I simply have retirement income. I am self-employed. North America (Canada) is so expensive now… Portugal was a much better option but not only that, I love it there. I’ve no intention of moving again in a year. I don’t want to be a digital ‘nomad’ - I want to settle in to a permanent life in a town on the Silver coast. I’m a few years away from proper retirement and I don’t have investments to draw from. It’s just me and my future Canada Pension Plan and me working ‘from home’ until that day comes.
I actually sat here with a glass of Vinho Verde trying to drown my sorrow. (I’m not much of a drinker, so nothing actually got drowned).
@@JenShea I'm so sorry! There's got to be another way. Things in Portugal seem pretty fluid. Maybe they'll relax the requirements after a few months. Or maybe there's another visa that would suit your situation better? Don't give up, though! It took me three years to get to this point. Where on the Silver Coast are hoping to move?
@@JenShea If you are not planning on working in Portugal, you can still do the D7 that doesn’t require the 4x income.
this is a great video! love the content y'all have. 👍
I have a particular question: I'm wondering about the letter I need from my employer that documents/verifies that I'm employed - is it just a generic letter with basic info & salary (like the kind you might need to apply for a loan or lease agreement)?
OR does the letter specifically need to mention you have the right to work abroad? Is it like a whole process where the Portuguese consulate calls and verifies everything w my employer? Not trying to be shady but I need to know exactly how I'll explain this to HR/my supervisor before hand! 🙏
Thanks Kalie!!! Great info on the changes. Hope to see you guys in Portugal in the next year
Thanks, W G! We appreciate the feedback. Keen an eye out for those expat meetups in 2023. - Josh & Kalie
So glad I'm a single retired person with no children. 🤣 Thanks for the info.
Thanks for watching, Rosalind. Enjoy retirement. Please remember the grinders like us out there. 😊
Hi, guys. Thank you for the video. But what about before the digital nomad visa? Do we still need the NIF and Portuguese bank account? Would you still recommend Bordr’s services for those who want the digital nomad visa?
Hi, you still need a NIF and bank account right now for either. Yes, we would still recommend Bordr.io to get that done in an efficient and effective way. - Josh & Kalie
Whew! Thank you for your reply! Thankfully we’re over the minimums by many factors over the 4x…
😁 You're welcome. Great job being so far over the minimums. 💪 - Josh & Kalie
Hey, If I earn about 26k EURO Yearly, am I qualified? Do I need to deposit funds into Portuguese bank accounts before applying? If yes then how much?
Thanks for the clear and simple explanation!
Glad it was helpful! - Josh & Kalie
Fantastic info! Thank you Kalie!
Thank you, Robin!! - Josh & Kalie
Take the course! It helped me so much ❤
Thank you so much for the vote of confidence, Jane. 💪 - Josh & Kalie
Hey there. We’ve just spent the last three months in Portugal getting everything in order for our D7 appointment on 20 Jan 2023, including NIF numbers, loading up bank accounts, a two year lease on an apartment, and were actually looking at houses because our plan was to apply for citizenship when the time comes. Are you saying that when we show up at VFS that they’re going to say, “Sorry, you’re out of luck?”
Is that the appointment with SEF in Portugal you refer to?
If your application for the D7 visa was already submitted and accepted and you've been given a date for your SEF appointment in Portugal, I conclude that you are being considered for he D7 visa, otherwise they'd already have rejected your application and not give you the appointment date with SEF. They are incredibly busy and don't waste time with non-starters.
That''s all good so far.
When you go to the SEF appointment, I'd advise you to show more docs than what they are asking. Say, they ask for proof of income for the last 3 months: show them proof of income for the last 2 or 3 years as well. Show them proof that you've paid tax on that income in your country of residence.
Portugal is interested in people that will CONTRIBUTE to society when they become permanent residents. Tax dodgers will not impress them.
TIP: If someone has a good income but cannot show proof they've paid any tax on it, it could kill the application.
If you are a couple with children and intend to move to Portugal permanantly, they'll be more inclined to consider your application as the country needs to grow the population and reverse population ageing and decline.
Good luck!
Always great information! Interesting about the ability to apply from country of residence rather than your home country. Does that apply to the D7 visa as well or only the new remote worker visa?
You can apply for the D7 from country of residence as long as you have proof of legal residency. I did my visa from a different country.
@@chrisarterbury6984 Thank you.
Thanks, Loren. This is a commonly misunderstood thing but it sounds like Chris cleared it up for you. We've known plenty of people to successfully apply from a place that's not their home country. - Josh & Kalie
@@ExpatsEverywhere Yes, I will contact the Portugal consulate here in Mexico, where I currently reside, to see what they have to say. If I were still in the USA I believe the process starts with VFS global. Not sure how the application process goes here in Mexico.
Thanks again
@@lorenlinck4345 I just had a quick look and it doesn't seem that VFS Global is used for the Portuguese consulate in Mexico. VFS is used for some destinations out of Mexico but it doesn't seem Portugal is one of them. All the best! - Josh & Kalie
Thanks for the great video guys. Did you start the process of renewing your residency after 2 years? Pls post details if you did. Was it easy? What docs did you need to submit? Is online system working well and easy to operate? Thanks a lot as always.
Thank you. Yes, we're working on it now and will make a video accordingly. The online system isn't working and it looks like we have to make an appointment. - Josh & Kalie
Amazing job guys !
Thank you. 🙏 It took a while to source the right information and still there are so few that have been issued this visa so far because it's so new but we needed to get it out to you all. - Josh & Kalie
Good job, Kalie!
Thank you 🙏- Josh & Kalie
Thanks for the video. It's a much needed update. I've seen that banks are changing their policies and not wanting to open accounts for foreigners who don't have passive income. Do you know if a bank account is still required for the digital nomad visa?
You’re welcome, Renee. As of now, both visas carry the same requirement when it comes to NIF and bank account. There are certain catch 22s that exist because these different organizations and companies don’t work with each other. What SEF requires and what banks are willing to do are separate. It’s frustrating, we know. Early on when banks were told, hey, SEF/consulates are requiring a funded bank account, they were like, “Really? So how is that our problem”. It’s a weird attitude to have at an organizational level. One of the issues on the banks side from what we heard is that there was a wave of people that opened an account remotely, moved over and closed the account when they arrived so it was a lot of upfront work for the bank with little reward for them. 🤷♂️- Josh & Kalie
@@ExpatsEverywhereThat makes sense as to why they are not as interested. They are in the business of making money, so banks make decisions based on that. It has been frustrating and a bit confusing. But, hopefully there will be more clarity as the visas start being issued. Thanks again!
@@reneebrown908 yes, they certainly are. 😅 We hope so too. You're welcome. - Josh & Kalie
Looking forward to your video about the Portuguese housing market and projections about it for 2023. Planning to retire and move to Portugal in 2024. Also, will your D7 course be updated, or does it need an update due to these changes?
So I earn passive income well above the required amount. Same with active income, but my active income is not from a company, but on my own. Also is there any difference based on the "1 year lease agreement" contingency? I think that 1 year apartment lease is the most annoying step to doing the D7 visa. It worries me I would lease a place I don't like the location of, or quality of the place I'm living without giving it a good look through.
I was worried about this step too. I found one in Coimbra that luckily I love. But I remember Josh and Kalie saying to remind yourself that first apartment is not your forever home. It's just to get you there. And the street view of google maps really helps. Also, if you're on Facebook, joining a group from the area you're looking at will help too. They will be able to give you the inside scoop on different areas.
Unfortunately, this is at the discretion of the consulates. Katie Rae has it right though. Great advice from her. Also, you have legal protections and there’s a rumor that the government will legislate a maximum amount of deposit that a landlord can ask for but let’s see if that happens. - Josh & Kalie
I understand one of the requirements of the D7 is staying at least six continuous months in Portugal each year. Does the new Digital Nomad visa have any stay requirements? And could I utilize the NHR if I used the Digital Nomad visa to acquire residency?
Well you’re discussing our relating to D7 visas for people who are going to work in Portugal, correct? Has anything changed as far as a D7 if you’re retiring over there with sustainable income? Would appreciate your letting me know. Thanks
D7 and remote worker aren't for people that are going to work in Portugal. They're for people that are going to live in Portugal. It's a little different. Nothing has changed for the D7 for people with passive income. - Josh & Kalie
For an early retiree too young to receive income from retirement accounts or social security, what qualifies as “passive income”? Would having a certain amount of total assets qualify?
Passive income is anything you do not work for. Dividends for stocks, alimony, crypto etc.
It depends on how far away you are from traditional retirement age. But, it is my understanding that if you can show enough savings to bridge the gap from your current age to retirement age, you should be good. For example, let's say you and a spouse are planning to use the D7 visa and you are both 55, and you expect to start US social security benefits at age 65. And roughly the minimum is € 13K per year. You have a 10 year gap to bridge, so you'd need to show at least € 130K in savings, as well as the benefits letter from the SSA. These are very rough generalizations, but that's the basic concept.
Passive income is any income that you don't have to work for, such as a retirement pension, interest & dividends, rental income, investment income, etc.
Rental income is passive income. If you own your current home, you could rent it to generate passive income. But you'd need to show proof that you were already receiving that income when applying for your visa. I don't think that showing a rental contract with a future date would be accepted as proof of rental income, as anyone can write a fake contract.
I think that the minimum amount of passive income you need to qualify for a visa with passive income (D7 Visa) is still the equivalent to the portuguese minimum wage of 760 Euros per month for 2023.
I think that if you have enough savings to cover your living costs in Portugal (and the minimum required is 760 Euros per month) you'll be able to get a visa. A residence visa is usually given for 1 year and then renewed. So the immigration service will want to make sure you have enough funds for that first year and subsequentely will check again at time of each renewal.
I think you should go for it. Portugal wants to attract retirees and you are a hot candidate. 😎
Good Luck!
P.S. Another route is the Golden Visa, where you'd need to buy a property for a minimum of around 300K Euros.
Your name sounds Irish. If you have Irish ancestry you may be able to get Irish citizenship leading to an EU Irish passport: EU citizens can live anywhere they choose within the EU block, including Portugal. No visa needed.
@@donnacosta5633 a couple mistakes in what you posted here. The term "passive income" has a very specific meaning in the context of a Portuguese D7 visa. In that context, it means any income coming from outside Portugal, including salary for work, as long as that work is remote, such as working for a company based in the US, or doing freelance work for Canadian clients. The new D8 digital nomad visa specifically targets people with work outside of Portugal, but people are approved every day who rely on work income from outside Portugal. You need a combination of savings and verified income to make this happen, though.
Also, residence visas from the D7 are for 2 years, then renewed for another 3 years. Golden visa has tightened up a lot recently. €500K instead of €300K, and the number of areas within Portugal eligible for GV purchases has been reduced greatly.
The key thing to remember is that there is a new visa, the D8 digital nomad visa, and that the term "passive income" for the D7 visa doesn't mean what we traditionally think it means.
For the person who originally asked the question; there are two main options for you to look at, the D7 and D8 visas. There's a well-known Facebook group that you can join to get information on best practices and the experiences of hundreds if not thousands of other Americans who have successfully moved.
Is a year housing contract also required for the remote worker visa? I heard you can apply for it from within Portugal, so at least it might be possible to rent temporarily while getting read to apply, unless I am misinformed?
If your income will be from Air BnB in the US, does this qualify for the D7? Same question for Etsy income from the US. Thank you, looking forward to buying whichever course fits my family’s situation.
Yes, the AirBnb income should be considered passive income like rental income. The Etsy one might be a little trickier but it's probably going to be considered passive income too. Do you have fairly regular sales on it? The reason the two might be classified as different is because you have an investment property making "passive income" vs your active creations/designs on Etsy. If you email us this questions, we might be able to react out to a relocation company to get this answered on your behalf. - Josh & Kalie
Thanks so much for this video! Is the income amount considered pre-tax or post-tax?
Having grown up in Spain in the sixties and seventies and visiting a number of times over the years I have seen a lot of changes. The one thing that hasn’t changed is the lifestyle. The Spanish live without the sense of urgency that puts Americans into early graves.
I am selling off my house and personal property and heading to Spain to live my best life.
I am pretty much a native speaker with a vocabulary limited to that of a twelve year old boy.
Thanks for sharing, Jason. Enjoy Spain. - Josh & Kalie
Looking to apply for Remote Worker Visa with two year temporary residence as I am a 1099. Are the any requirements for length of time spent in Portugal for this option and if so do the days need to be consecutive?
Do you think a payout wish list is a good way to support the lifestyle? A payout wish list lets you make a wish list and when someone buys you something you receive the money. For instance, if you were to add $20 clothes to your wish list and your viewers buy you the clothes then you receive the full $20.
We're not sure that we follow what you mean. - Josh & Kalie
@@ExpatsEverywhere Have you heard of or used Amazon wish list before?
So am I right in understanding that if you are retiring you still get the D7 at the previous income requirements?
Correct. We mention that in the video. The financial requirement is different for the remote worker visa. The D7 has remained the same. - Josh & Kalie
Thank you Josh and Kalie! My husband is retired and has passive retirement income. I am a freelancer with above the minimum requirement. Would he apply for the D7 and I would apply for the Digital Nomad? Or do they need to be together?
Thanks!
Thank you very much for the public sub and the channel support! - Josh & Kalie
this throws a complete spanner in the works for my future plans -I don't make X4 the minimum wage in active income 🥺
Yes, Louise. We know others in your shoes. Sorry to hear it. It's a steep financial change. - Josh & Kalie
@@ExpatsEverywhere great video and much appreciate all the information you are giving out. Thanks guys ☺️ x
@@louisecowell3501 Thank you. We appreciate hearing that. - Josh & Kalie
I'm not sure I understand. Does this mean that if you're trying for the D7 visa while still remote working outside the country, this is not allowed now?
If your income is going to be active income, you need to go for the other visa. - Josh & Kalie
@@ExpatsEverywhere ok thank you. I appreciate the reply and your videos.
@@TheJiggsCasey You're welcome. All the best. Thanks for watching. - Josh & Kalie
Hi. Please tell me how I can make appointment in Albuferia SEF. I need to change my address
We are currently looking into D7 with a Lawyer named Maria on RUclips. She is legitimate but 5k per family member seems pricey (family of four) Do you see this as far too much or reasonable for a company that has had 100% success rate for thousands of applicants?
That's far to expensive. I'd call it extortion... I've just heard of a family of 3 that got their D7 visa for a total cost of around 3k and that inclued an hotel stay in London for the first consulate appointment, travel to and from, plus the fees for a portuguese lawyer. Look up Savvy Cat Realty. They are professional lawyers and have good success rate, and deal with absolutely everything including rental contracts. There are a lot of "money sharks" around preying on D7 applicants.
Can you qualify for the D7 with passive income - but still work (active)? I intended to partially retire...
Yes, if your passive income meets the financial requirement, you can apply for the D7 and still work if you choose - Josh & Kalie
Sorry, forgot to mention I work with active income. That’ll switch to passive when we retire, but it’s not time for that yet.
Does your active income meet the new financial requirement? If yes, then you're good. If no, then you have to hope they'll accept you as a D7 applicant under the old system. - Josh & Kalie
Hi! Can you please explain how taxes will work with the two versions of the digital nomad visa? Can I stay as a W2 employee for my US company and not have to use an employer of record? Thanks!
Hi James, we're not Portuguese tax experts at all. It's better to contact a Portuguese tax specialist with those nuanced things. - Josh & Kalie
@@ExpatsEverywhere Thanks! Do you have one you recommend?
@@jmsfuentes We know a few. Shoot us an email at info@expatseverywhere.com and we'll try to get you connected with someone that you like. - Josh & Kalie
Is there still a path to Portuguese citizenship on the Digital Nomad Visa like there was on the D7?
Yes. - Josh & Kalie
i never heard 4x portugal minimum wage for main applicant, is it something new?
It is for the D8 visa. The D7 visa had remained the same. - Josh & Kalie
Hi! From the time I submit my papers with VSF, in how many days do I come to know of acceptance or rejection? Thanks
It depends where you are / which consulate in which country is dealing with your submition. Some receive a lot of applications and may take longer than others. If your submition is straight forward, all docs are clear and easily verifiable, it will speed up the process.
It depends, officially, SEF has 60 business days to approve or deny (according to information given by the DC consulate).
In reality, this number is ever changing. We've heard 5 days and we've heard 60 days. - Josh & Kalie
Kaylie im passive most of the week except Sunday’s when I’m active. Do I apply for the D7 ? BAhahahaha
😂 You’re here already so you’re safe! - Josh & Kalie
My math isn’t the greatest, but are you saying a couple that is working needs to be making $4,230 a month?
€705 (current minimum wage) x 4 + 50% of €705
€2,820 + €352.50 = €3172.50
Current exchange rate €1 is $1.0635
$3374.11 per month on Dec 13th 2022
@@ExpatsEverywhere Thanks. Still a good little chunk of money. It'll be something we'll have to look into now.
@@ExpatsEverywhere Please note that the portuguese minimum wage will be €760 euros from next month January 2023. You need to take this in mind for new visa applications.
@@nativeadviser6870 Correct. Since it's not 2023 yet. We didn't want to go based off of that information. It was a reason that we kept referencing "Portugal's minimum wage" instead of a specific number. - Josh & Kalie
@@ExpatsEverywhere Not yet 2023... but only a few days to go. LOL
i have passive and active income which one do I choose?? help?
If you have enough to meet the minimum for the D7 (passive income), do that! - Josh & Kalie
RIP D7?? Not exactly. Kinda click-baity there, guys.
How? The D7 is dead for people that only have passive income. It's now the remote worker visa, which carry different requirements. - Josh & Kalie
@@ExpatsEverywhere I think you mean it's dead for people that have active income (remote workers). Are you aware of any D7 changes for passive income applicants (retirees, etc.)?
@@3fortheroad yes, the D7 is dead for some people. By our guess, it's 30-50% of people that were going to apply for it can no longer apply for it. So the D7 is dead for them. That was the point of the thumbnail. We're assuming you're not in that boat and therefore the change doesn't apply and you don't relate to the girl on the thumbnail. 😅
No changes to the passive income amount were announced with the new visa that we've been made aware of. - Josh & Kalie
Perfect time to upload Video to get views
lol
🤣 It was kind of an accident. Ironically, we're in Morocco right now. Our timezone here is different but Google/RUclips didn't recognize where we were. - Josh & Kalie
Great video. I think the new 2 digital nomad visas will make it easier for people to work remotely in Portugal.
@@ExpatsEverywhere Oh wow, what a day to be in Morocco! Everyone must be very happy :)
Morocco Wins! Great Video Guys!!!
ATTENTION : The portuguese minimum wage will be going up to €760 euros per month starting January 2023. All new applications submitted now should take that into account.
If you are a young family with kids and looking for permanent residency in Portugal leading on to Portuguese citizenship, you are in LUCK! Just the kind of people Portugal is looking for right now, because the population is decreasing and the government needs to reverse that trend by attracting young families to settle here. You'll still need proof of enough income but you'll get approved. Guaranteed!
And... speaking basic portuguese and paying your taxes will show further PROOF that you are serious about settling here and contributing to society.
A sure thing to KILL OFF your application is when you show you have the money but cannot show proof of having paid any taxes on it where you live... (Portugal already has enough home grown tax dodgers and you won't impress SEF. You've been warned!)
There are other (much easier) ways to move & settle in Portugal and get a residency visa: learn portuguese, find a job with a portuguese employer, arrive on a tourist visa and go straight to SEF with your signed employment contract to get a residency visa for the duration of your contract. Renew employment contract and residency visa.
If you work & pay taxes for 5 years in Portugal, you can then apply for permanent residency or portuguese citizenship. Speaking good portuguese will definitely help...
This really terrible news!
Why do you think so? - Josh & Kalie
@@ExpatsEverywhere because the income requirement is so vastly different! 4 times? That doesn’t seem remotely fair… for someone who is self-employed and on their own, that pushes them out… especially if they were making a permanent move. No plans to go back to North America.
At approx 3:05 you mention over €3000 income a month average! That’s $4,600 a month! In the D7 I qualified no problem but I do not make (nor need) $4600/month!
I’ve watched twice now and I’m not hearing or reading this any differently!
And, you didn’t mention which new visa (by name) you are referring to.
@@JenShea it's an example of a 3 month average for someone that doesn't earn the same amount each month. A lot of freelancers that are project based are liked this. You don't need to make a minimum each month if your monthly average of the past 3 months before applying reaches the minimum wage times 4. So as of right now in 2022, that's €705 x 4 which is €2,820. That is rumored to be changing in 2023 as the minimum wage is set to go up. - Josh & Kalie
@@JenShea hence the title and thumbnail. We knew this would impact a fair amount of people. We're not sure what the % of people it effects is but we'd guess the rule change applies to 30-50% of people and maybe rules out 10-15% of people that we know. We're not sure about people from outside of North America, UK, and Australia that are applying but there's that segment of the global population too that will be impacted. We just don't know by how much. Thanks for sharing and we're sorry to hear how it's impacted you. - Josh & Kalie
This D7 Visa its a joke its making life hard as young Portuguese cant even rent a apartment with average salary.... next elections CHEGA will put a stop to this nonsense!🤔