Passive income earners, including retirees, who intend to move to Portugal, may advantageously apply for a specific residence permit: the D7 Visa.
Non-EU/EEA/Swiss citizens who intend to relocate to Portugal and have a reasonable net regular passive income can apply for this residency option without being subject to any investment activities in Portuguese territory.
The D7 Visa must be renewed at the end of the first year and then every two years. Except for duly justified cases based on personal or professional reasons, the holder of the D7 Permit shall be out of Portugal for at most six consecutive months and eight non-consecutive months during the validity of each card.