D2 Entrepreneur from Portugal

It should be noted that the Portuguese D2 Visa, also known as the Migrant Entrepreneur Visa, is designed for non-EU/EEA/Swiss citizens who wish to start or expand a business in Portugal. Details and requirements are as follows:

General Qualifications

• Nationality: In order to qualify, you must not be a citizen of the EU, EEA, or Switzerland.
• Business Plan: A solid business plan outlines your company’s activities and demonstrates its potential for economic impact in Portugal.
• Financial Stability: It is essential you show proof that you have sufficient financial resources to support yourself and your business in Portugal. One year’s living expenses must be at least €10,440.
• Investment: There is no minimum investment amount, but you must demonstrate that the investment you make is sufficient to establish the business and to run it successfully.

Application Process

• NIF Number: Get a Portuguese tax identification number (NIF).
• Business Bank Account: Open a Portuguese bank account.
• Company Registration: Form a Portuguese limited company (LDA) or buy/invest in one.
• Document Preparation: Obtain proof of income, accommodation, and travel insurance.
• Application Form: Fill out the D2 visa application form accurately.
• Appointment: Contact your nearest Portuguese consulate or VFS Global office.
• Residence Permit: Once in Portugal, apply for a temporary residence permit from the Agency for Integration, Migration, and Asylum (AIMA) within four months of visa issuance.

Benefits

• Residency: You and your family members must obtain a temporary residence permit.
• Travel: You will be able to travel to 90 out of 180 countries in the Schengen Area without a visa.
• Business Environment: Take advantage of Portugal’s favorable business environment, stable economy, and efficient banking system by investing in the country.
• Permanent Residency and Citizenship: If you have lived in Portugal for five years continuously, you may be eligible to apply for permanent residency or citizenship, provided that you meet the language requirement (A2 level in Portuguese).