Perfect for Brits keen to regain #EUcitizenship. πͺπΊ
Here's what you need to get it.π§΅
πππ
1. Passive income
β At least β¬705 per month (I recommend at least β¬1K) for a single applicant (more if spouse & kids)
β Sources: rental income, dividends from an online business, investment income, pension income, or remote work.
β At least 6 months income history
2. Savings
β at least β¬705Γ12 (ideally β¬1K)
β must be in a Portuguese bank account when you apply for visa
3. Criminal record check
β no more than 3 months old
β ACRO police check is the correct one
4. 12 month rental contract in Portugal
β have this ready before applying
β must be registered with Portuguese tax authorities (landlord should do this)
5. Travel insurance
β for first 12 months in Portugal
β must cover the whole Schengen area
β must include emergency hospitalisation and repatriation
6. Portuguese NIF (tax number)
β needed to open the bank account
β you can apply via online providers
β necessary for everything in Portugal
β does not make you tax resident
7. Bank account in Portugal
β can open remotely via online provider
β or in person with proof of UK address
β Millennium or ActivoBank best for foreigners
I hope this was helpful!
As you can see, income requirements are quite modest and should be manageable for many.