D2 (Entrepreneur Visa)
The Entrepreneur Visa opens a gateway to this vibrant and beautiful country, known for its rich history, diverse culture, and booming technology and innovation scene. The visa facilitates entrepreneurial spirits from all corners of the globe to take root in Portugal and leverage the nation’s business-friendly environment.
How we can help
At Portugalize, our mission is to streamline the complex relocation process, offering personalized and thorough assistance every step of the way. From understanding the requirements and intricacies of the Entrepreneur Visa, to helping you navigate the Portuguese business ecosystem, our experienced team is committed to ensuring a smooth transition into your new home country.
Benefits of the Portuguese entrepreneur visa:
- Travelling Visa free in the Schengen Area. Aditionally, you can stay in another Schengen Area country for up to 3 months.
- Affordable healthcare
- Being able to get the Portuguese Citizenship after just 5 years.
Requirements to obtain the Portuguese enterpreneur visa
- One of the following options:
- Certificate of incorporation of a company
- Service Provision Contract or Service Provision Promissory Contract.
- Proof that you have done or intend to perform an investment operation in Portugal
- Subsistency means:
- To demonstrate your financial means of subsistence, you are required to transfer to a Portuguese bank account an amount equal to or exceeding the annual minimum wage in Portugal, which is currently set at €820 per month. Additionally, an extra 50% for a spouse and 30% for each dependent should be included
- To have a NIF (Portuguese Taxpayer Number)
- To have a NISS (Portuguese Social Security Number)
- To possess a bank account in Portugal and transfer funds to that account
- Having a long term rental contract
- Having full health insurance
- Having a clean criminal record
Frequently Asked Questions
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How can Portugalize help?
We can help with everything! Among many other things, this includes:
- Handling the Business Incorporation in Portugal
- Assist you in gathering all documents and reviewing them
- Certification and translation of documents
- Assistance in scheduling appointments with the embassy and AIMA (Immigration and Borders Service).
- Getting the NIF and open a bank account.
- Assistance in finding suitable accommodation and providing legal consultancy services for both buying and renting options
- An extensive range of concierge services to cater to your needs
- Comprenhensive tax planning strategies ensuring that you can optimize your tax situation and make the most of available benefits.
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What defines as an investment operation?
- Economic Boost: Transfer capital amounting to €1.5 million or more into the Portuguese economy.
- Job Creation: Foster Real Estate Investment:the Portuguese labor market by creating at least 10 new jobs.
- Scientific Research Support: Allocate capital of €500,000 or more towards public or private scientific research institutions, bolstering the national scientific and technological scene.
- Cultural Heritage Preservation: Contribute €250,000 or more towards preserving and maintaining the national cultural heritage and supporting artistic production.
- Company Capitalization: Invest €500,000 or more in units of investment or venture capital funds geared towards company capitalization.
- Local Business Development: Transfer €500,000 or more for setting up or strengthening a commercial company in Portugal, while creating or maintaining at least five permanent jobs for a minimum period of three years.
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What documents are necessary?
- A valid passport
- Two passport-sized photographs
- One of the following:
- Certificate of incorporation of a company;
- Contract for Service Provision or Promissory Agreement for the execution of a Freelance Profession
- Proof of having carried out or intending to carry out an investment operation
- If the profession is subject to legal regulation, the candidate must provide evidence of their ability to perform the job
- Proof of accommodation
- Documentation demonstrating your legal status, if you are not a citizen of the country where you are submitting the visa application
- Criminal Record Certificate
- Request for Criminal Record Enquiry by AIMA
- Proof of valid health coverage
- A cover letter explaining the purpose of your application.
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What is the typical duration for completing the entire application process for the Portugal D2 visa?
The Portugal D2 Visa application process consists of two steps. Firstly, you will apply for a residence visa, and the maximum timeframe for a decision is 60 days as per the law. After receiving the residence visa, you will come to Portugal and apply for a residence permit. The processing time for a D2 residence permit application, according to AIMA, can take up to 120 days. It’s important to note that the actual processing time may vary based on factors such as the number of applications received by AIMA and the completeness of your application. However, even if AIMA takes longer to issue the permit, you can request to extend the duration of your Visa.
Contact us
For all your relocation and ongoing support needs in Portugal, trust Portugalize. We’re here to help you at every step. Fill out the form below to contact our team!