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2 years ago

USA to Portugal on D7 Income Question

2 years ago
Hi! Thank you in advance for your help. I am looking at the D7 visa. I am a US citizen and I work remotely for a US company, and I plan to continue this remote work when in Portugal.
I have consulted with a lawyer but am not confident in their answers. I will be able to deposit at least $15,000 in a bank account in Portugal.
I earn from my remote work far more than the minimum of approx 8,000 Euros and have tax returns, bank statements etc.
My concern is the 'passive income' part. My understanding is that this is usually from a pension, dividends, or rental. Well, as we know, most people in the US don't get a pension. I do have a significant amount in a 401k and IRA. These are 'retirement accounts' but not 'pensions', and I currently do not draw money from them.
Is this going to be a problem on the application? Or, do they just look at the whole of the paperwork holistically? thanks, AP

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