Digital Nomad Visa Portugal
Residency By Investment
Second Passport Through Business and Real Estate Investment
Page Contents
Digital Nomad Visa Citizenship by Investment
Digital Nomad is someone who lives a nomad lifestyle and uses technology to
work remotely from outside of their home country.
Digital Nomad Visa is a visa that gives someone the right to work remotely while residing away from their home country.
Portugal Digital Nomad Program was launched on October 30, 2022. This visa can be issued as a Temporary Stay Visa allowing one to remain in Portugal for a period of 12 months, or as a residence Visa with a period of stay exceeding one year.
Digital Nomad Visa Overview
The Portugal Digital Nomad Visa is issued to foreigners who work remotely. Freelancers, employees of foreign companies, self-employed, and individual entrepreneurs can qualify.
Visa applications are accepted only from foreigners from non-EU and non-EEA countries.
Article 53 of Law No. 23/2007, dated 04.07.2007, provides the visa rules.
Digital Nomad Visa applicants confirm a monthly income of at least €3,040. They also need to buy or rent residential properties in Portugal.
The Digital Nomad Visa gives the right to get a Portugal residence permit for 2 years, subject to extension.
Residents must spend at least 183 days a year in the country to keep their permits.
Investment
Minimum investment of USD 100,000
Processing Time
Processing time of two years.
Key Benefit
Visa free travel to over 150 countries
Citizenship by Investment Digital Nomad Visa
- Economic contribution via Antigua’s Natural Development Fund (NDF)
- Real Estate investment
- A contribution to the University of West Indies Fund (UWI)
- NDF contribution (USD $100,000 or EUR €82,000 plus additional fees for a family of 4)
- Real Estate Investment (USD $400,000 or EUR €328,000 plus government fees)
- UWI Contribution (USD $150,000 or EUR €123,000 for a family of 6 or more)
- Spouse
- Children up to 30 years old
- Parents or grandparents that are a minimum of 55 years old
- Unmarried siblings without age restrictions
- 5 years upon receiving citizenship
- 10 years validity upon renewal for the residence
Get full guide about the process
Benefits of Digital Nomad Visa
Process
- You can apply for your status remotely
- Free medical insurance
- The opportunity to become a citizen of Cyprus in 5 years
Global Mobility
- You do not have to live in Cyprus all the time
- 85% of the population speaks English
- The fantastic Cypriot weather and healthy environment
- A peaceful society with low crime rates
Wealth Protection
- No taxes on foreign income
- Growing real estate market
- Free medical insurance
- Ability to start a business in Cyprus in an easy way
Country Information
Portugal Is one of the oldest countries in Europe, located in the southwest of the Iberian Peninsula.
Portugal is a relatively small country of approximately 11 million people. It is safe and stable with a low crime rate, an ideal country for raising families, conducting business, studying, or travelling.
Portugal offers many investment opportunities in the private and public sectors with its secure and fast-growing market with access to the entire Schengen area.
Portuguese Mediterranean climate is characterized by its mild winters and pleasant summers.
Portuguese is the primary official language, but English is widely spoken.
The World’s and Europe’s leading destination by World Gold Awards.
Preferred and most welcoming nation for expats.
Lisbon is the capital of Portugal Digital Nomad Visa, utilizing theEUR as its official currency, with an exchange rate of 1 USD = 0.89 EUR. The city has a population of 10,355,493 and operates under a Federal Parliamentary Democracy government system. Portuguese is the predominant languages spoken in this vibrant capital.
Get Your Second Passport
FAQs about Digital Nomad Visa Portugal
- the right to live and work from Portugal for your remote employer/customer for 12 months
- to renew the visa for up to 5 years
- to benefit from NHR (Non-Habitual resident) Tax Regime
- access to Portuguese public healthcare
- affordable cost of living
- a relaxed pace of living, never too far from the beach
Yes, Portugal started issuing special Digital Nomad Visas for non-EU remote workers and freelancers in October 2022. The requirement is to earn at least €3,040 per month. It takes about 90 days to obtain this visa.
The applicant’s costs include purchasing or renting a residential property and related taxes. In addition, the applicant gets medical insurance and pays fees for visa application and issuing residence permit cards. The total cost depends on the applicant’s family composition. To learn more, get an individual cost calculation
Yes, remote workers and freelancers in Portugal who moved there with a Digital Nomad Visa pay taxes there. They must stay in Portugal for at least 183 days a year to keep their residency. That makes them tax residents of the state.
Digital nomads can obtain the Non-habitual Resident status that will exempt them from tax on foreign income for 10 years.
€2,000 is the standard monthly expense for a single digital nomad, including renting, all the utilities, food and entertainment. However,
Portugal Digital Nomad Visa applicants prove they earn at least €3,040 per month
