Hello, I have a question. Are earnings from stock trading and Bitcoin transactions recognized as proof of income? In other words, if I can earn the equivalent of Portugal’s annual minimum wage through stock trading and have substantial savings, would that be considered? Or do I need to convert it into dividend income or similar to meet the bureaucratic requirement of a stable income? If D7 does not meet these conditions, is there a visa available for stock traders without a job in Europe?
Thank you @El_Ekis for the question. There is currently no evidence to suggest this. All public positions taken by the Portuguese Government regarding migration have been focused on resolving existing issues and improving integration processes.
Please can you do a much more indepth video telling us what taxes and social security payments we would need to make for the D7 visa. I've had so much conflicting information from three different consultants that I just don't know who to believe, and the amount of mandatory expenses for taxes and healthcare etc can make a huge dent in that passive income we expect as pensioners.
Hi @DebyColes , thanks a lot for your message. Firstly, the video we released is up to date and you can trust the information provided. If you need a more in dept analysis and want to check how the Visa and other elements effectively work in your specific case, I suggest you to send a message to our specialist team with your queries, so we can adress them and help you in the best way possible. Here you have our contact page: beglobal.link/BYtAO
Very impressive video, my question is I have a rental property, transport company and a farm in Nigeria, wherever I am my money keeps coming into my account which is about 17 million Naira every year , which is about 9600 euros single am I qualified to apply for the D7 visa? thank you.
Hey @LuckyAmi-kl5ci, thanks for the question! To check eligibility for a D7 visa, a detailed analysis of incomes must be carried out by one of our legal experts. You can reach out to us and schedule a frist touch here: beglobal.link/Contact-us-youtube
Hello @birddog5. The distribution of passive income can be annual as long as the monthly average corresponds to the minimum required for this type of visa, which will depend on how manny family members will be inclued in the application.
Team, I do job in USA company from UAE, it not online job, its physical job. I earn salary that qualify that amount required per month. As this job is outside of Portugal, will it be counted as passive income? If i keep my family there and keep supporting them from UAE salary?
Hi @User00571 , thanks for the question. Amounts received under an employment contract are not considered passive income, but active income. Because they are not passive, they cannot be used to obtain the D7. For a more detailed analysis of the situation, please contact our experts. beglobal.link/Contact-us-youtube
You will need to present the supporting documentation. What you own in cryptocurrencies, the amounts you've earned over the last few months, etc. A legal consultation is usually held with one of our experts to analyze the documentation before confirming eligibility to apply for D7. Please feel free to get in touch: beglobal.link/Contact-us-youtube
Hello, I have a question. Are earnings from stock trading and Bitcoin transactions recognized as proof of income? In other words, if I can earn the equivalent of Portugal’s annual minimum wage through stock trading and have substantial savings, would that be considered?
Or do I need to convert it into dividend income or similar to meet the bureaucratic requirement of a stable income? If D7 does not meet these conditions, is there a visa available for stock traders without a job in Europe?
Thank you for the video. I've heard that Portugal will discontinue the D7 visa by the end of 2024. Is this true?
Thank you @El_Ekis for the question. There is currently no evidence to suggest this. All public positions taken by the Portuguese Government regarding migration have been focused on resolving existing issues and improving integration processes.
Please can you do a much more indepth video telling us what taxes and social security payments we would need to make for the D7 visa. I've had so much conflicting information from three different consultants that I just don't know who to believe, and the amount of mandatory expenses for taxes and healthcare etc can make a huge dent in that passive income we expect as pensioners.
Hi @DebyColes , thanks a lot for your message. Firstly, the video we released is up to date and you can trust the information provided. If you need a more in dept analysis and want to check how the Visa and other elements effectively work in your specific case, I suggest you to send a message to our specialist team with your queries, so we can adress them and help you in the best way possible. Here you have our contact page: beglobal.link/BYtAO
Very impressive video, my question is I have a rental property, transport company and a farm in Nigeria, wherever I am my money keeps coming into my account which is about 17 million Naira every year , which is about 9600 euros single am I qualified to apply for the D7 visa? thank you.
Hey @LuckyAmi-kl5ci, thanks for the question! To check eligibility for a D7 visa, a detailed analysis of incomes must be carried out by one of our legal experts. You can reach out to us and schedule a frist touch here: beglobal.link/Contact-us-youtube
Does qualifying passive income need to be distributed monthly or can an annual distribution qualify?
Hello @birddog5. The distribution of passive income can be annual as long as the monthly average corresponds to the minimum required for this type of visa, which will depend on how manny family members will be inclued in the application.
Team, I do job in USA company from UAE, it not online job, its physical job. I earn salary that qualify that amount required per month.
As this job is outside of Portugal, will it be counted as passive income? If i keep my family there and keep supporting them from UAE salary?
Hi @User00571 , thanks for the question. Amounts received under an employment contract are not considered passive income, but active income. Because they are not passive, they cannot be used to obtain the D7. For a more detailed analysis of the situation, please contact our experts.
beglobal.link/Contact-us-youtube
That’s impressive and a great video also, but please, How can I provide proof of income if i am a trader of cryptocurrency? Thank you a lot
You will need to present the supporting documentation. What you own in cryptocurrencies, the amounts you've earned over the last few months, etc. A legal consultation is usually held with one of our experts to analyze the documentation before confirming eligibility to apply for D7. Please feel free to get in touch: beglobal.link/Contact-us-youtube