Which visas accept dividend income?
Of the 30 retiree and passive-income programs we track, official sources confirm dividend or investment income counts for 13, confirm it doesn't for 9, and don't say for the other 8 (marked “Not yet verified”).
Visas verified to accept dividend income (13)
| Country | Program | What the official source says | Primary source | Checked |
|---|---|---|---|---|
| Argentina | Temporary residence – Rentista | Yes — the official page accepts income from financial instruments and company shareholdings; funds must come in through banks authorized by the BCRA. | argentina.gob.ar | 2026-10-26 |
| Ecuador | Temporary residence – Rentista | Yes — the official page accepts income from 'títulos de inversión' and similar. | gob.ec | 2026-10-26 |
| Chile | Temporary residence – Rentista | Yes — income from financial assets is accepted. | serviciomigraciones.cl | 2026-10-26 |
| Dominican Republic | Rentista residence (Ley 171-07) | Yes — Ley 171-07 art. 1 covers income from investments in companies established abroad. | dgii.gov.do | 2026-10-26 |
| Belize | Qualified Retirement Program (QRP) | Yes — an investment account is listed as qualifying retirement income. | belizetourismboard.org | 2026-10-26 |
| Portugal | D7 passive-income visa | Yes — applicants living on income from movable or immovable property, intellectual property or financial investments (aplicações financeiras) qualify, with proof of the amount and its availability in Portugal (Portaria 1563/2007, art. 5(6)(b)). | files.diariodarepublica.pt | 2026-10-26 |
| Spain | Non-Lucrative Visa (NLV) | Yes — the consulate accepts investment income and any other periodic income; work income is not accepted. | exteriores.gob.es | 2026-10-26 |
| Italy | Elective Residence Visa (ERV) | Yes — the Paris consulate lists revenues from securities; the decree allows sources other than employment. Income from any form of employment does not count.Official text: “steady economic resources deriving from private incomes (pensions or annuities), properties, revenues from securities or stable entrepreneurial activities” (checked 2026-10-26) | consparigi.esteri.it esteri.it consnewyork.esteri.it | 2026-10-26 |
| France | Long-stay visitor visa (VLS-TS visiteur) | Yes — the Interior Ministry's document list accepts income from movable assets (biens mobiliers, which in French law include shares). This is our reading; dividends are not named word for word.Official text: “Autres justificatifs de ressources (pension, rente, revenus provenant de biens mobiliers ou immobiliers, compte bancaire, autres ressources …)” (checked 2026-10-26) | administration-etrangers-en-france.interieur.gouv.fr service-public.gouv.fr | 2026-10-26 |
| Greece | Financially Independent Person (FIP) | Yes — dividends from abroad are named as periodic income.Official text: “σε μηνιαία βάση (εφόσον αποδεικνύεται περιοδικότητα του εισοδήματος, όπως από σύνταξη ή μισθό ή μερίσματα από το εξωτερικό)” (checked 2026-10-26) | migration.gov.gr | 2026-10-26 |
| Cyprus | Category F permanent residence | Yes — dividends from shares are named.Official text: “This income may include pensions, dividends from shares, fixed deposits interest, rents a.s.o.” (checked 2026-10-26) | gov.cy | 2026-10-26 |
| Thailand | LTR – Wealthy Pensioner | Yes — passive income explicitly includes dividends. | ltr.boi.go.th | 2026-10-26 |
| El Salvador | Residency (rentista / Freedom Visa) | Yes — any lawful income from external sources counts.Official text: “recursos generados o percibidos desde el exterior o de las rentas que éstos produzcan o de cualquier otro ingreso lícito proveniente de fuentes externas” (checked 2026-10-26) | transparencia.gob.sv | 2026-10-26 |
Visas verified NOT to accept dividend income (9)
| Country | Program | What the official source says | Primary source | Checked |
|---|---|---|---|---|
| Panama | Pensionado (Jubilado) permanent residence | No, not on their own. Decreto Ejecutivo 320 of 2008 (art. 200) requires a jubilación or pensión of at least B/.1,000 a month, granted for life (vitalicia), from a foreign government, international body or private company. A lifetime pension or annuity (renta vitalicia) from a private entity may qualify. For a private-company pension, art. 201 (as amended by Decreto Ejecutivo 26 of 2009) also asks for a letter from the foreign pension, trust, mutual-fund, insurance or banking company certifying it administers the funds, a certificate that the company granting the pension exists and is in good standing, and a payment receipt or bank statement. Foreign documents must be apostilled or authenticated. | migracion.gob.pa panamadigital.gob.pa gacetaoficial.gob.pa gacetaoficial.gob.pa | 2026-10-26 |
| Panama | Rentista Retirado (retired investor) | No — the income must come exclusively from interest on a fixed-term deposit (at least 5 years) at Banco Nacional de Panamá or Caja de Ahorros. | migracion.gob.pa panamadigital.gob.pa | 2026-10-26 |
| Panama | Friendly Nations (Países Amigos) residence | No — dividend income is not one of the qualifying routes. | migracion.gob.pa | 2026-10-26 |
| Costa Rica | Pensionado residence | No — the law requires a pension. | pgrweb.go.cr | 2026-10-26 |
| Mexico | Temporary Resident (economic solvency) | No — the income route counts only employment or pension income. Investments count only through the savings/investment balance route (an average monthly balance of 11,460 UMA-days over 12 months).Official text: “1. Original o documento electrónico con certificado digital de comprobante de inversiones o cuentas bancarias con saldo promedio mensual equivalente a once mil cuatrocientos sesenta días en UMA, durante los últimos doce meses; o 2. ... empleo o pensión con ingresos mensuales libres de gravámenes ...” (checked 2026-10-26) | dof.gob.mx sidof.segob.gob.mx | 2026-10-26 |
| Colombia | Migrant (M) visa – pensioner | No — the pensioner visa requires a lifetime pension.Official text: “pago mensual de pensión vitalicia” (checked 2026-10-26) | cancilleria.gov.co | 2026-10-26 |
| Brazil | VITEM XIV – retiree | No — the visa is based on retirement or pension income. | gov.br | 2026-10-26 |
| Malaysia | MM2H Silver | No — you qualify with a deposit, not income. | mm2h.gov.my | 2026-10-26 |
| Philippines | SRRV Classic | No — the income route requires a lifetime pension. | pra.gov.ph | 2026-10-26 |
Not yet verified (8): Costa Rica Rentista residence, Colombia Visitor (V) Rentista, Uruguay Legal permanent residence, Paraguay Temporary → permanent residence, Peru Resident Rentista, Ireland Stamp 0 – person of independent means, UAE Retirement residence visa (55+), Thailand Non-Immigrant O-A (long stay, 50+). We won't publish an answer for these until an official source confirms one. Even if your income counts, that isn't approval. Consulates decide, and rules change.
Check your dividend income against these floors All visa programs and income floors →
Estimates, not legal or tax advice. Confirm with the consulate or immigration authority before you apply.
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