Long Term Residency Visas

In an increasingly globalized world, long-stay residency visa programmes offer compelling alternatives to traditional residency by investment schemes. These visas, including digital nomad visas, retirement visas, and visas for financially independent persons, cater to individuals seeking extended stays abroad or a second residency without significant upfront investments. They provide flexible pathways to explore new cultures, benefit from favourable tax policies, or establish a long-term lifestyle in desirable locations. These can be an excellent addition to any Escape Plan or Offshore Plan. Whether you’re a remote worker, retiree, or self-funded traveller, these programmes open doors to global mobility, often with simpler requirements than investment visas.

Key Benefits of Long-Stay Residency Visas

Global Flexibility and Freedom
Long-stay visas offer the freedom to reside in desirable destinations without the need for significant investments. Whether you’re a digital nomad working remotely, a retiree seeking a relaxed lifestyle, or financially independent, these visas unlock global opportunities for extended stays.

Affordable Alternatives to Golden Visas
Unlike golden visa programs, which require substantial financial investments, long-stay residency visas often have manageable financial requirements based on income or savings, making them more accessible to a broader audience.

Diverse Options for Every Lifestyle
These visas cater to various needs, from thriving professional hubs for digital nomads to tranquil coastal retreats for retirees. Countries like Portugal, Spain, and Thailand provide tailored solutions to match your personal preferences and lifestyle goals.

Pathways to Permanent Residency and Citizenship
Many programs, such as Portugal’s D7 and Spain’s Non-Lucrative Visa, offer routes to permanent residency and citizenship. These opportunities enable you to establish long-term roots in your new home while enjoying its benefits for years to come.

Favourable Tax Policies
Certain countries offer tax incentives to long-stay residents, such as non-habitual resident status in Portugal or Thailand’s favorable tax rates for retirees. This can lead to significant savings and financial stability.

Cultural Enrichment and Networking
Residing abroad allows you to immerse yourself in a new culture, build international connections, and enjoy unique experiences that enhance personal growth and global understanding.

Access to High-Quality Living Standards
Many of the countries offering these visas, such as Spain and Thailand, boast exceptional quality of life, including world-class healthcare, affordable living costs, and safe, welcoming communities.

Ease of Process for Many Applicants
While requirements vary, many long-stay residency visas have straightforward application processes, especially for retirees and remote workers, reducing bureaucratic hurdles.

Family Inclusion
Most long-stay visa programs allow applicants to include their dependents, providing opportunities for families to relocate together. Programs like Costa Rica’s Digital Nomad Visa and Spain’s Non-Lucrative Visa extend residency benefits to family members.

Tailored Support and Expertise
By working with trusted advisors, such as Offshore Zen, applicants receive personalized guidance to navigate the complexities of these visas, ensuring a smooth and stress-free application process.

Each program offers unique advantages, and the right choice depends on your personal goals. Schedule your free consultation to find the perfect match for your global aspirations.

Different types of Long term Residency

Types of Long-Stay Visas and Who They Are Best Suited For

Long-stay visas cater to various individuals based on lifestyle, financial situation, and personal goals. Here’s a breakdown of the primary types of long-stay visas, along with examples and suggestions for who might benefit most from each.


1. Digital Nomad Visas

  • Who It’s Best For: Remote workers, freelancers, and entrepreneurs who can work from anywhere.
  • Key Features: These visas typically allow individuals to live in a country while earning an income from outside its borders. They often include tax benefits or exemptions.
  • Examples:
    • Portugal’s Digital Nomad Visa: Requires a monthly income of €3,040 and allows remote workers to stay for up to two years, with a path to permanent residency.
    • Estonia’s Digital Nomad Visa: Perfect for freelancers earning €3,504/month and seeking a base in Europe.
  • Ideal Candidate: A freelance designer earning income from international clients or a tech entrepreneur running a remote company.

2. Retirement Visas

  • Who It’s Best For: Individuals aged 50 or older who wish to spend their retirement in a foreign country with a lower cost of living or better quality of life.
  • Key Features: Most programs require proof of a stable pension or significant savings, with healthcare coverage being a priority.
  • Examples:
    • Thailand’s Retirement Visa (O-A): Suited for retirees with savings of 800,000 THB or monthly income of 65,000 THB (~$2,000).
    • Panama’s Pensionado Visa: Requires proof of $1,000/month in pension income and offers discounts on services like healthcare and entertainment.
  • Ideal Candidate: A retiree seeking warm climates, affordable healthcare, and a relaxed lifestyle in Southeast Asia or Central America.

3. Visas for Financially Independent Persons

  • Who It’s Best For: Individuals with sufficient passive income or savings who wish to live abroad without working.
  • Key Features: These visas allow self-sufficient individuals to reside in a country without engaging in employment.
  • Examples:
    • Spain’s Non-Lucrative Visa: Requires proof of €2,400/month in passive income and prohibits work in Spain.
    • Greece’s Financially Independent Person Visa: Suited for those with an annual income of €24,000 or more.
  • Ideal Candidate: A wealthy individual living off investment income or a trust fund who wants to enjoy a Mediterranean lifestyle.

4. Family Reunification or Dependent Visas

  • Who It’s Best For: Family members of individuals already residing legally in the destination country.
  • Key Features: Allows spouses, children, or parents to join a primary visa holder under specific conditions.
  • Examples:
    • Portugal’s Family Reunification Visa: Dependents of D7 or golden visa holders can join them with fewer financial requirements.
    • Germany’s Family Reunion Visa: Ideal for spouses and children of German residents.
  • Ideal Candidate: A spouse or child wanting to accompany a primary visa holder.

5. Entrepreneur or Business Visas

  • Who It’s Best For: Entrepreneurs or investors seeking to start or relocate their businesses abroad.
  • Key Features: These visas often require a business plan and proof of funds for investment.
  • Examples:
    • Netherlands’ Startup Visa: Encourages entrepreneurs to establish innovative businesses with a mentor’s support.
    • Canada’s Startup Visa: Targets entrepreneurs planning to create jobs and contribute to the economy.
  • Ideal Candidate: A startup founder with innovative ideas and access to capital.

6. Cultural, Student, or Volunteer Visas

  • Who It’s Best For: Those seeking short- to medium-term stays to study, immerse themselves in a culture, or contribute through volunteering.
  • Key Features: These visas typically allow part-time work or specific activities related to the program.
  • Examples:
    • France’s Visitor Visa (VLS-TS): A flexible option for cultural immersion with proof of €1,329/month in financial means.
    • Australia’s Volunteer Visa (Subclass 408): Allows individuals to stay while participating in approved volunteer programs.
  • Ideal Candidate: A student studying abroad or an individual interested in immersive cultural experiences.

Choosing the Right Visa

Selecting the best visa depends on your financial situation, career, and long-term goals. Digital nomads might prioritize tax advantages and vibrant coworking communities, retirees may seek affordable healthcare and scenic locations, while financially independent individuals often value flexibility and luxury.

Not sure which visa suits you best? Offshore Zen provides personalized guidance and a free consultation to match you with the ideal program. Contact us today to explore your options!

General Requirements for Long-Stay Residency Visas

While the specific requirements vary depending on the country and visa type, most long-stay residency visas share common criteria that applicants must meet. Below is an overview of typical requirements:

Financial Proof of Self-Sufficiency

Applicants must demonstrate the ability to support themselves (and their dependents, if applicable) without requiring local employment. This is usually proven through:

  • Bank statements showing savings or assets.
  • Proof of regular income (e.g., pensions, dividends, rental income, or freelance earnings).
  • Minimum income thresholds, which vary by country (e.g., €2,400/month for Spain’s Non-Lucrative Visa).

Health Insurance Coverage

Many countries require applicants to have comprehensive health insurance that is valid in the destination country. This ensures access to healthcare services without burdening the public system.

Accommodation Proof

Applicants must provide documentation showing they have secured a place to live, such as a rental agreement, property ownership deed, or a letter from a host.

Clean Criminal Record

A background check from the applicant’s home country (or any country where they have resided recently) is typically required. This confirms the absence of serious criminal convictions.

Valid Passport

Passports should have validity extending several months beyond the visa’s term, often a minimum of six months to one year.

Application Fees and Documentation

Applicants must pay visa fees and submit a complete application package, including:

  • Passport photos.
  • Application forms.
  • Translated and notarized documents (if required).

 

Specific Criteria Based on Visa Type

  • Digital Nomad Visas: Proof of remote work or business ownership, and income thresholds (e.g., €3,040/month in Portugal).
  • Retirement Visas: Age requirements (commonly 50+), pension proof, or sufficient savings (e.g., $1,000/month for Panama).
  • Visas for Financially Independent Persons: Evidence of substantial financial means, often in the form of savings or passive income.

 

Local Restrictions and Conditions

Some visas include conditions such as:

  • Prohibitions on local employment (e.g., Spain’s Non-Lucrative Visa).
  • Minimum stay requirements to maintain residency (e.g., Portugal’s D7 Visa requires spending at least 183 days annually in the country).

Tips for Applicants

Navigating the requirements can be complex, and criteria may change frequently. Working with visa experts or legal professionals ensures that all conditions are met and documents are prepared correctly. Offshore Zen provides a free consultation to guide you through the options and requirements tailored to your needs.

Popular Nomad Visas by Country (Short List)

This list highlights a range of countries to suit different priorities, from access to top-tier healthcare and education to strategic locations for business and travel. There are more than 50 programmes across the globe.

Requirements change from time to time. Contact us for a Free non-committal meeting. WhatsApp

Portugal

Visa Type: D8 Digital Nomad Visa

Requirements: Monthly income of €3,040, proof of remote work, health insurance, and tax residency proof.

Spain

Visa Type: Digital Nomad Visa

Requirements: Income of €2,334/month, proof of remote work or business ownership, and private health insurance.

Croatia

Visa Type: Digital Nomad Visa

Requirements: Monthly income of €2,300 or €27,600 in savings, proof of remote work, and no local employment.

UAE

Visa Type: Remote Work Visa

Requirements: Monthly salary of $5,000, proof of employment, and health insurance.

Georgia

Visa Type: Remote Work Visa

Requirements: Monthly salary of $5,000, proof of employment, and health insurance.

Mexico

Visa Type: Temporary Resident Visa (for nomads)

Requirements: $2,595/month or a bank balance of $43,000 over 12 months.

Costa Rica

Visa Type: Digital Nomad Visa

Requirements: Remote income of $3,000/month ($4,000 with dependents).

Germany

Visa Type: Freelance Visa

Requirements: Proof of freelance work, accommodation, health insurance, and financial means (~€800/month).

Bermuda

  • Visa Type: Work from Bermuda Certificate
  • Requirements: Proof of employment or business, valid passport, health insurance, and application fee ($263).

Italy

Visa Type: Digital Nomad Visa

Requirements: Income of €2,700/month, proof of remote work or business ownership, and private health insurance.

Hungary

Visa Type: White Card

Requirements: Remote income of $3,000/month.

Malta

Visa Type: Nomad Residence permit.

Requirements: Income of €3,500/month, proof of remote work or business ownership, and private health insurance.

Financially Independent & Retirement Visas by Country and Requirements

This is a list of the more popular options. There are many more available.

Requirements change from time to time. Contact us for a Free non-committal meeting. WhatsApp

Austria

Visa Type: Financially Independent Person Visa

Requirements: Significant savings and health insurance.

France

Visa Type: Visitor Visa (VLS-TS)

Requirements: Proof of €1,329/month income and accommodation.

Portugal

Visa Type: D7 Visa

Requirements: Passive income of €860/month, proof of accommodation, and health insurance.

Spain

Visa Type: Non-Lucrative Visa

Requirements: €2,400/month, €600 per dependent, and no employment allowed

Thailand

Visa Type: Non-Immigrant O-A Visa

Requirements: Age 50+, 800,000 THB in savings or 65,000 THB/month in income.

Equador

Visa Type: Pensionado Visa

Requirements: Retirement income of $800/month (+$100 per dependent).

 

Malta

Visa Type: Retirement Programme

Requirements: Proof of stable passive income, health insurance, and residence purchase or lease.

 

Italy

Visa Type: Elective Residency Visa

Requirements: Income of €31,000/year from passive sources.

 

Greece

Visa Type: Financially Independent Person Visa

Requirements: Annual income of €24,000 plus €6,000 per dependent.

 

Philippines

Visa Type: Special Resident Retiree’s Visa (SRRV)

Requirements: Age 50+, $20,000 deposit or pension proof.

 

Panama

Visa Type: Pensionado Visa

Requirements: Proof of monthly retirement income of $1,000 ($750 if property purchased).

 

Cyprus

Visa Type: Category F Visa

Requirements: Passive income of €10,000/year, plus €5,000 per dependent.

 

Costa Rica

Visa Type: Rentista Visa

Requirements: $2,500/month income or $60,000 in savings.

 

Mexico

 Visa Type: Temporary Resident Visa

Requirements: $2,595/month income or $43,000 in savings.

Latvia

Visa Type: Temporary Residency for Private Means

Requirements: Proof of €2,000/month income or bank deposits.

Indonesia

Visa Name: Retirement Visa

Requirements: Applicants must be over 55, have a monthly income of $1,500, and secure accommodation.

Conclusion

Summary of Global Residency Visa Options

The examples provided above represent just a fraction of the residency visas available worldwide, each tailored to specific lifestyles, professions, and financial circumstances. From digital nomad visas to retirement and financially independent person visas, these programs enable individuals to enjoy global mobility and establish temporary or long-term residency in countries with desirable climates, cultures, and tax benefits.

Top 3 Most Popular Visa Programs

  1. Portugal’s D7 Visa:
    This visa is highly sought after for its flexibility and affordability, catering to retirees, remote workers, and financially independent individuals. Its passive income requirement (~€860/month) is accessible for many, and it provides a pathway to permanent residency and citizenship after five years.
  2. Spain’s Non-Lucrative Visa:
    Ideal for retirees and financially independent individuals, this visa is popular for Spain’s lifestyle, with its beautiful cities, beaches, and affordable cost of living. Applicants must show a monthly income of €2,400, but the visa prohibits local employment.
  3. Thailand’s Retirement Visa (O-A):
    Known for its warm climate and low cost of living, Thailand’s retirement visa is a favorite among retirees aged 50 and older. With a financial requirement of 800,000 THB in savings or 65,000 THB in monthly income, it offers long-term residence in a tropical paradise.

Benefits and Downsides of Residency Visas

  • Benefits: These visas allow individuals to enjoy new lifestyles, reduced tax obligations in some countries, and the ability to explore local cultures. They are often more accessible than golden visas, which require significant investment. Many also provide pathways to permanent residency or citizenship.
  • Downsides: Restrictions may include limited work rights (e.g., Spain’s Non-Lucrative Visa) or complex financial and bureaucratic requirements. Applicants must carefully assess visa conditions, such as health insurance mandates, income thresholds, and tax obligations, before committing.

 

Our Support Services

At Offshore Zen, we understand the complexity of choosing the right visa for your circumstances. Our team offers a free consultation meeting to explore your goals, preferences, and eligibility for different programs. With so many options, our expertise ensures you make an informed decision tailored to your needs. Let us help you embark on your next global adventure.

For more detailed information on any of the programs mentioned, contact us to schedule your free session!

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