Financial independence visa
financial independence visa is one of the most popular visas in the world, which allows elderly people to spend their retirement in a suitable country in Europe. The main condition for receiving a Eu retirement visa or financial independence visa is sufficient financial ability to spend life’s affairs and support yourself. Currently, various countries in the world offer retirement visas to the elderly and provide them with the opportunity to spend a happy and peaceful time without worrying about the economic situation or future problems.
The eligibles can get EU retirement or financial independence visas
All people who are on the verge of or after retirement can get a retirement visa. This visa is a suitable option for obtaining residency through financial means. In general, people who meet the following conditions can receive this visa:
- Being at least 55 or 65 years old
- Having a minimum monthly income about 15000-2000€ to cover living expenses and financial support for yourself and your family
- The country of origin and the country of destination must have a retirement visa agreement.
Documents required to obtain an EU retirement/financial independence visa
To receive a financial independence visa or retirement, various documents are required; Among the most important documents that are necessary to obtain this visa in all countries, we can mention the following:
- Application letter for retirement visa
- Passport photo
- Clearances
- Valid passport
- Birth certificate
- Health insurance documents
- Copy of national card
- Official marriage certificate
- Residence documents
- Proof of financial ability and recognition of the amount of monthly salary or account turnover
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The best countries to get a financial independece visa
Financial Independence visa is not available in all countries and limited countries in the world offer this visa; In the following, we will introduce you to the most important countries through which you can apply for residence through financial means after retirement.
Spain
Italy
Retirement residence visa in Italy is also one of the most popular ways to stay in this country. To receive an Italian pension visa, a minimum capital of 31,000 euros is required for a single person and 38,000 euros for married people. If Iranians want to apply for this visa, they must be able to prove that they have income through dividends, property rental, bank interest, etc. By receiving this visa, people can apply for permanent residence alone or with their spouse and children.
Portugal
Portugal offers two popular visas, one of the most popular of which is the retirement visa for the elderly. Persons who wish to receive this visa must have a cash capital of nearly 500,000 euros to purchase a property in this country. In addition, based on the population of the city and the number of family members, it is necessary to spend at least 700 euros per month to cover living expenses and provide personal well-being. Therefore, we can introduce Portugal as one of the best European countries to receive residency through financial resources and retirement.
Cyprus
To obtain Cyprus retirement visas, each person must have at least 9570 euros in his account, in this case, the person can receive his visa within 5 to 12 months. Of course, if a person can buy a property worth 300,000 euros, the duration of obtaining a retirement visa will be reduced and the person’s visa will be issued in less than 2 months. Foreigners who want to immigrate to this country and stay in it, must have pension rights and acceptable income such as bonds, bank deposits, high bank interest, etc., so that they can cover their living expenses in this country. do
Denmark
Denmark is one of the best countries in the world in terms of having a health system and health care for the elderly, people who want to apply for a Danish pension visa, in addition to providing various documents, must have a high and regular income. The minimum monthly income required for seniors and retirees to stay in this country is 1,500 euros per month, and these people must be able to pay well for all the expenses of this country, including taxes. In addition, the applicant must have about 140,000 Danish kroner as financial resources in his account.
Greece
In order to receive an financial independece visa for retirees in Greece, first of all, a person must prove that he has a fixed income and can afford his expenses. For example, people who want to immigrate to Greece and live there, their monthly income must be at least 2000 euros; In addition, some money must be available in this person’s bank account to cover initial expenses or purchase property and pay taxes.
Free advice on obtaining a retirement visa in Europe
If you want to get a retirement visa, our institution can help you in this way. Due to having years of experience and handling several successful immigration cases, this group can help applicants to get their retirement visa from the country in question and to immigrate to the destination country alone or with their family.
Frequently Asked Questions about financial independence visa
- Is it possible to work with a retirement visa?
No; There is no possibility of employment and work for people who receive a pensioner visa.
- By obtaining a retirement visa, is it possible to get permanent residence in the destination country?
Yes; One of the best and easiest ways to get permanent residence in the destination country is to get a retirement visa.
- What are the benefits of receiving a retirement visa?
By receiving a retirement visa, you can live a peaceful and worry-free life in the destination country until the end of your life. In addition, you can use all the amenities of the destination country, including the possibility of free education for your children.
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