What are the visa & residency requirements in Porches?

"In order to visit Porches, visitors must obtain a Schengen visa from the Portuguese Embassy or Consulate in their home country. The process of applying for a visa involves submitting a completed application form, a valid passport, two passport-sized photographs, proof of accommodation, proof of sufficient funds, and proof of travel insurance. In order to obtain residency in Porches, Portugal, applicants must submit a completed application form, a valid passport, two passport-sized photographs, proof of accommodation, proof of sufficient funds, and proof of travel insurance. Additionally, applicants must provide proof of employment, proof of health insurance, and proof of a clean criminal record. Once the application is approved, applicants will receive a residence permit valid for one year. This permit can be renewed annually," mentioned another expat when asked about moving to Porches, Portugal.