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2 years ago

Passive income - is this true???

2 years ago
Yikes, I recently came across this - is it true you need to show the passive income has been active for THREE YEARS before applying:?
"While personal net worth and savings are typically considered during the D7 Visa application process, the Portuguese authorities are primarily concerned with your ability to accommodate and sustain yourself in Portugal without having to rely on salaried income.
As such, the key requirement for the program is having one or more sources of stable passive income – that is income derived from fixed-rate investments, royalties, monthly pension payouts, retirement annuities, company dividends (provided that you’re not active involved in the management of the company), as well as income derived from the rental of movable or immovable assets.
In addition, you will be required to prove that your passive income has been stable for up to 3 years, and will be remain stable in the medium term."

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