Lisbon (Brussels Morning Newspaper) – As more of us work remotely, the digital nomad visa lifestyle is becoming increasingly popular. If you have the ability to work remotely from anywhere in the globe, Portugal may be a natural choice for its fantastic climate, polite natives, low cost of living, and a range of fascinating destinations to begin exploring. Continue reading to learn more!
Does Portugal offer a Digital Nomad Visa?
Yes, Portugal provides digital nomad visas in a variety of cities, some of which are listed here. It is pretty simple to qualify for one because the geographical element of Portugal is favorable and the living cost is low. However, the specific application procedure and prerequisites have yet to be made public.
Portugal Digital Nomad Cities
If you seek a coastal escape or a frenzied city experience, Portugal has a vast range of sites to choose from. Consider the following alternatives:
1. Lisbon
Lisbon is at the forefront of the minds of digital nomads contemplating relocating to Portugal. With Websummit shifting to Lisbon in 2016, the Portuguese capital has also emerged as a collaboration hotspot and prominent digital hub. There are several coworking spaces across the city, each with a good internet connection and networking opportunities.
Regarding hotels, dining, and other leisure activities, Lisbon is much less costly than other European capitals.
- A one-bedroom apartment generally cost around €638 and €829 per month to rent.
- A three-bedroom apartment usually costs around €1,028 and €1,515 per month to rent.
- Other necessities may cost you roughly €140.
2. Porto
The city, nestled anywhere along the banks of the Douro River, has been designated the second most popular destination for expats in Portugal, behind Lisbon. In addition, it is less costly for families and students than in Lisbon.
You’ll also enjoy the globe port wine, local cuisine, lively streets, and a first-rate healthcare system.
The following are the average rent costs in Porto:
- A one-bedroom apartment costs approximately €517 and €693.
- A three-bedroom apartment costs around €870 and €1,200.
- Other utilities may cost about €140 and €150.
3. Aveiro
Aveiro, Portugal’s Venice, is a fantastic spot to reside, particularly if you want to be near to Porto. It is a true Portuguese city with canals, a great history, and a dynamic culture. Children and seniors, in general, love this place because of its laid-back attitude.
The following are the average rent costs in Aveiro:
- The cost of a one-bedroom apartment may range from €391 and €498.
- The cost of a three-bedroom apartment may range from €566 and €777.
- Other utilities may cost around €110 and €120.
4. Madeira
The proportion of digital nomads visiting this island from Portugal is growing. Funchal, the island’s major city, provides good weather all year. If you’re a digital nomad in Madeira, you’ll find a vast English-speaking population that makes it difficult to feel lonely.
That was it for the cities that are recommended. Moving on to the requirements now.
Requirements for Digital Nomad Visa in Portugal
You should think about the basic visa requirements for potential Digital Nomads. The following are the requirements:
- You’ll need a Portuguese NIF Number.
- You must obtain a Portuguese Bank Account
- You must demonstrate Financial Self-Sufficiency
- You will need Accommodation Proof
- You must have the required documents
- You will require Complete Health Insurance
- You must have a clear Criminal Record and meet the Statutory Stay Requirement
How to apply for Portugal Digital Nomad Visa?
To register for a digital nomad visa in Portugal, go to the Portuguese Consulate/Embassy in the country you are currently residing in or the nation’s Immigration and Border Service, SEF (Serviço de Estrangeiros e Fronteiras). You may work as a contractor or remotely, but not as a Portuguese employer. If you want to work in Portugal, you must first get a Portuguese work visa.
Portugal Digital Nomad Visa Tax
Taxation on income generated in Portugal is 20%, compared to ordinary Portuguese tax rates of upwards of 48%; social contributions are 10%, which is significantly lower than the usual rate. Though, there is no tax on foreign income so you are good to go if you get foreign income. The income tax rate only apply to local income.
Read More: Spain Digital Nomad Visa: Ultimate Guide (2022 Updated)
Conclusion
That’s all there is to the digital nomad visa in Portugal. This page provides updates on the digital nomad visa in Portugal. To make the best decision, read the material completely. Hopefully, this article assisted you in reaching a decision. Make sure to leave a comment if this helped!
