6 Key Benefits of Portugal Digital Nomad Visa
There are different types of permits for visiting the state. They vary in requirements for the applicant, duration of validity, and, of course, privileges. Previously, remote workers had the opportunity to apply for a D7 visa. But since last year, the government launched a new program for freelance workers with a permanent contract. Let’s familiarize ourselves with the features of this paper below.
What is Portugal Digital Nomad Visa?
Digital Nomad is a special permit that allows foreigners to live in the region longer than usual and, without interruption, to enter and leave the country an unlimited number of times. Holders of this paper have the right to request a residence permit. The applicant must meet the criteria for the Portugal Digital Nomad Visa application form to be approved:
- Age of 18 years or older.
- Citizenship of a non-Schengen country.
- Remote cooperation by contract.
- The income per month exceeds the four minimum wages of the host region.
- Tenancy agreement of 12 months duration.
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Relocation, except for the lead applicant, can be carried out by his relatives: Wife or husband, children under 30 years of age, and parents. In general, additional applicants must be dependents of the applicant. In this case, the income of the lead candidate must be greater than the minimum amount under the conditions for individual applications. The procedure takes about six months on average.
Requirements and conditions may change, so clarifying them before submitting the application form is necessary. As the Immigrant Invest Vladlena Baranova expert notes, it is best to contact the embassy for information. So, let’s see what are the portugal digital nomad visa benefits.
Living conditions
The region is famous for its rich cultural heritage and safe environment. Family freelancers often consider the state for a relocation because the mild and warm climate positively affects children’s bodies. With stunning landscapes, the ocean shore is an ideal place for work and rest. According to statistics, the capital city is especially popular: it has a convenient infrastructure and more than 7 thousand free Internet points.
Travel
Advantages of digital nomad visa in portugal is also that the holders can not be limited to staying in one country. The document allows them to visit other Schengen states. Foreigners can stay there for up to 90 days every six months.
Tax obligations
Staying on the state’s territory for 183 days allows for obtaining a special tax status. It is an exemption from taxation on foreign income. The term of validity of the status is 10 years.
Bank accounts
Foreigners wishing to open an account in a local bank must collect a considerable list of papers and prove their need. But owners of a special visa for freelancers can do it without problems.
Obtaining citizenship
Freelancers living in the region for more than five years have the right to apply for permanent residence or participate in the program of citizenship in exchange for investment.
Permit costs
The costs of obtaining a permit are relatively low in the context of the minimum income stipulated in the scheme. The applicant pays insurance in Portugal, rent, and just under 300 euros for government fees. Family applications are more expensive, of course. However, many permits do not allow the inclusion of relatives on the application form at all.
Conclusion
Today, employees working remotely is nothing new. Therefore, many regions provide various permits for freelancers. Benefits of digital nomad visa is that it allows them to be on the territory of the region legally if the candidate meets the necessary criteria.
The central part of the requirements is relatively standard: age, no criminal record, and legal income. A foreigner must have an official contract with the employer, where the salary is specified, to obtain a Digital Nomad. The monthly income of remote workers must exceed four minimum wages in Portugal. With these requirements in mind, the cost of the permit cannot be called high.
It is possible to indicate a close family circle in the application form together with the lead applicant. The primary condition for approval of such an application is financial dependence on the freelancer. The permit provides ample opportunities for its holders, so, unsurprisingly, the sunny and warm country often becomes a haven for digital nomads.
If you want to resolve the issue as quickly as possible, seek help from professionals. They will help to cope with any problem that may arise along the way of paperwork.
