The D2 visa suits foreign entrepreneurs who plan to do business in Portugal. They must buy a local company or its shares or create a branch of an existing legal entity. Another option is to establish a new company in the country and provide a detailed business plan describing the prospects for its development.
With a Portugal D2 business visa, the applicant obtains a residence permit for themselves and their family members. Within four months after the visa issuance, the entrepreneur applies for a residence permit from the Portuguese Migration Service, SEF. After five years of living in the country, they can apply for permanent residence or citizenship.
The D2 visa minimum investment in a business is not set. To maintain residency, the entrepreneur must spend 6 months continuously during the year, or 8 months in total in Portugal.
A foreigner confirms housing availability in Portugal through a lease or sale agreement to obtain a residence permit. Additional costs for a D2 visa include health insurance costing at least €400.
An entrepreneur’s spouse, children and parents can obtain Portugal temporary residence permits based on family reunification. At the same time, children over 18 and parents confirm financial dependence on the main applicant.
The spouses must be officially married or in a civil partnership recognised by the state. For example, a civil union, “pareja de hecho”, is registered in Spain. It’s a contractual relationship between two people living together.
If the entrepreneur moves to Portugal with a family, the requirements for a bank account balance will be higher: in addition to €9,120, the applicant adds €4,560 for each adult relative and €2,736 for a child.
Portugal D2 visa documents
The main applicant over 18 years of age provides a certificate of no criminal record and documents for the company and confirms the availability of €9,120.
The standard set of documents for a D2 visa to Portugal includes the following:
A visa application.
2 colour photographs of 3×4 cm.
A passport and its copy.
A bank statement.
A contract for the lease or sale of an apartment in Portugal.
A certificate of no criminal records with an apostille.
Permission to check criminal records in Portugal.
Health insurance.
A business plan.
If the company is already open, founding documents and financial statements.
If the company has not yet been opened, a statement from the Bank of Portugal on the availability of money to open a company.
How to apply for the Portugal entrepreneur visa
1. Pass preliminary Due Diligence. Every Portugal D2 visa applicant who contacts Immigrant Invest undergoes a pre-verification to anticipate potential difficulties and reduce the rejection risk. The check takes a day and is carried out by a certified Anti Money Laundering Officer.
2. Collect documents. An entrepreneur draws up a business plan or buys a company in Portugal. Immigrant Invest lawyers prepare a list of documents based on the specific case, help open a bank account and register with the Portuguese tax office.
3. Get a NIF and open a bank account. Número de Identificação Fiscal, or NIF, is an individual tax number in Portugal. It is required for opening a bank account. All transactions go through a current account in a Portuguese bank, including payment for the purchase of the residential real estate, making rental payments.
4. Rent or buy an apartment. The applicant rents or buys housing in any region of Portugal, and the property’s value is not essential.
5. Submit documents and get a D2 visa. Lawyers register the applicant at the consulate of Portugal, where they have citizenship or residency. On the appointed day, the applicant submits documents for a visa and pays a consular fee of €90.
The Portugal D2 visa processing time is up to 60 days. After approval, the applicant receives the passport with a pasted visa.
6. Get a residence permit in Portugal. The D2 visa is valid for four months. During this time, its holder arrives in Portugal and submits documents for a residence permit to SEF. The fees for accepting the application and issuing the card are €156 per person.
After approval, the entrepreneur receives a Portugal residence permit card valid for two years with the possibility of an extension.
Other types of non-investment visas
A Portugal Startup Visa is issued for opening an innovative startup based on a business incubator. It’s a way to move to Portugal with the whole team, even if the applicant only has a business idea.
The Portugal D3/HQA Visa is obtained by highly qualified foreigners who enter into a contract with companies in Portugal. Applicants confirm compliance with the position with a diploma of vocational education.
The Portugal D7 Visa requires passive income and real estate to live in Portugal. Income is considered rent, dividends or payment from an employment contract outside Portugal.
All three types of visas allow the addition of family members: a spouse, children and parents.
D2 -Migrant Entrepreneur
The D2 visa suits foreign entrepreneurs who plan to do business in Portugal. They must buy a local company or its shares or create a branch of an existing legal entity. Another option is to establish a new company in the country and provide a detailed business plan describing the prospects for its development.
With a Portugal D2 business visa, the applicant obtains a residence permit for themselves and their family members. Within four months after the visa issuance, the entrepreneur applies for a residence permit from the Portuguese Migration Service, SEF. After five years of living in the country, they can apply for permanent residence or citizenship.
The D2 visa minimum investment in a business is not set. To maintain residency, the entrepreneur must spend 6 months continuously during the year, or 8 months in total in Portugal.
A foreigner confirms housing availability in Portugal through a lease or sale agreement to obtain a residence permit. Additional costs for a D2 visa include health insurance costing at least €400.
An entrepreneur’s spouse, children and parents can obtain Portugal temporary residence permits based on family reunification. At the same time, children over 18 and parents confirm financial dependence on the main applicant.
The spouses must be officially married or in a civil partnership recognised by the state. For example, a civil union, “pareja de hecho”, is registered in Spain. It’s a contractual relationship between two people living together.
If the entrepreneur moves to Portugal with a family, the requirements for a bank account balance will be higher: in addition to €9,120, the applicant adds €4,560 for each adult relative and €2,736 for a child.
Portugal D2 visa documents
The main applicant over 18 years of age provides a certificate of no criminal record and documents for the company and confirms the availability of €9,120.
The standard set of documents for a D2 visa to Portugal includes the following:
How to apply for the Portugal entrepreneur visa
1. Pass preliminary Due Diligence. Every Portugal D2 visa applicant who contacts Immigrant Invest undergoes a pre-verification to anticipate potential difficulties and reduce the rejection risk. The check takes a day and is carried out by a certified Anti Money Laundering Officer.
2. Collect documents. An entrepreneur draws up a business plan or buys a company in Portugal. Immigrant Invest lawyers prepare a list of documents based on the specific case, help open a bank account and register with the Portuguese tax office.
3. Get a NIF and open a bank account. Número de Identificação Fiscal, or NIF, is an individual tax number in Portugal. It is required for opening a bank account. All transactions go through a current account in a Portuguese bank, including payment for the purchase of the residential real estate, making rental payments.
4. Rent or buy an apartment. The applicant rents or buys housing in any region of Portugal, and the property’s value is not essential.
5. Submit documents and get a D2 visa. Lawyers register the applicant at the consulate of Portugal, where they have citizenship or residency. On the appointed day, the applicant submits documents for a visa and pays a consular fee of €90.
The Portugal D2 visa processing time is up to 60 days. After approval, the applicant receives the passport with a pasted visa.
6. Get a residence permit in Portugal. The D2 visa is valid for four months. During this time, its holder arrives in Portugal and submits documents for a residence permit to SEF. The fees for accepting the application and issuing the card are €156 per person.
After approval, the entrepreneur receives a Portugal residence permit card valid for two years with the possibility of an extension.
Other types of non-investment visas
A Portugal Startup Visa is issued for opening an innovative startup based on a business incubator. It’s a way to move to Portugal with the whole team, even if the applicant only has a business idea.
The Portugal D3/HQA Visa is obtained by highly qualified foreigners who enter into a contract with companies in Portugal. Applicants confirm compliance with the position with a diploma of vocational education.
The Portugal D7 Visa requires passive income and real estate to live in Portugal. Income is considered rent, dividends or payment from an employment contract outside Portugal.
All three types of visas allow the addition of family members: a spouse, children and parents.