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Funds for D7 visa

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RockDoc
  11/15/2022 19:53 EST

How important is it to have the equivalent of 1.5 year's salary in our joint Portuguese bank account? Our pensions and social security equal about $6000 per month in passive income, and we will be selling our house before we move. However, at the moment we are low in cash. Will that be a strike against us in our visa application?

ksntoportugal
  12/25/2022 16:38 EST

In "Demystifying the Paper Trail for United States Citizens Moving to Portugal," by Susan Stults Korthase (this article is available on this site), the requirements are listed. In my experience, the officer at our meeting reviewed a checklist (available at https://www.vfsglobal.com/Portugal/USA/pdf/Portugal-Residency-Checklist-for-Long-Stay.pdf) identifying that we had documentation of all the criteria.

Since all materials were delivered in person, I made sure that I had all required criteria in place. I did not want to have to reschedule a visit and travel from Louisiana to DC in order to bring in missing documentation.

On a side note, there was a gentleman in the VFS office the same day as we were there who was on his second visit, updating his documentation for his file which had been previously rejected.

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