Remote work model is already a reality all over the world. With the last pandemic, this work model grew and the digital nomads that were once rare, grew in number of adepts. According to website survey FlexJobs, 76% of North American workers said they prefer to perform their tasks outside the office. In addition, 86% of workers interviewed by the SurePayRoll said they achieve "maximum productivity" when working alone. Most of the managers ensure that their employees who are working remotely increase their productivity.

Digital nomads can choose the place they want to live because working remotely also brings territorial freedom. At the time to decide where to live, Portugal can be a great attraction for the digital nomads. The warm climate and an average low cost of living make Portugal a hot spot for a change. But to have the right to work, which type of visa could the digital nomad choose?

Best visa for Digital Nomads:

A good visa choice for digital nomads in Portugal is the Passive Income Visa, or also known as the D7 visa. This type of visa is traditionally used by people who are retired, but it can also be applied for who have guaranteed monthly income (such as real estate rental or financial investments).

To apply for this visa, you must present documents that prove the origin and the continuity of the income. The monthly amount to be proven is, by law, 1 minimum wage in force at the time of the request, but this amount will vary according to your family structure (addition of 50% per adult and 30% for each child).

The main document to be presented when applying for this visa is proof of the monthly passive income required according to your case. In case of digital nomads, if the choice is the D7 visa, it's also required a letter of the company ensuring the continuity of the work regardless the location of the worker.

Are the D7 visa the only option for Digital Nomads?

Other option for the Digital Nomads is the Entrepreneur Visa and this type of visa will request you to have a company, or at least an idea of a company in Portugal. At the first moment the idea of opening a new company might be scary, however, open a company in Portugal is not so complicated (if you have a good advisor) and not so expensive if compared to other countries. Moreover, Portugal has a constantly growing consumer market (given the number of immigrants and visitants arriving in the country every day) and can be also a good entry opportunity for others EU countries. You can learn more regarding the Entrepreneur Visa on this link.

Regardless of the choice, Portugal is a great option for digital nomads. To learn more about the types of visa available for Digital Nomads, to know which type of visa is the most suitable for your investor profile and to make your visa process smoothly, Change Consulting's experts can help you and your family in this journey. You can contact us here.