Portugal - D2 – Entrepreneur Visa

Program Overview

Minimum Investment

€10,440

Minimum Investment

N/A

Time to Residency

4-6 Months

Visa-free Access

29 Countries

Portugal D2 – Entrepreneur Visa

The Portugal D2 visa is designed for people who want to open a new business in Portugal, set up a Portuguese branch of an existing business, or move to Portugal to run a business that’s already here. The D2 visa is also known as an entrepreneur visa.

Like Portugal’s other visa pathways, the Portugal D2 visa is aimed at third country nationals from outside the EU/EEA or Switzerland.

Unlike the golden visa, the D2 visa does not require any hefty investment. The Portugal D2 visa is an interesting choice for those looking to open a business in Portugal.

Main Applicant Requirements

Eligible Dependents

Portugal D2 – Entrepreneur Visa Benefits

Freedom of movement

As a permanent resident of Portugal, you are a resident of the European Union, thus you are entitled to freedom of movement in the Schengen area.

Health & Education

You and your family will be able to study in schools or universities across Portugal and enjoy world-class healthcare.

Tax Relief

With a Portugal D2 Visa, you can become a non-habitual resident (NHR) and enjoy the incentives of this fiscal regime.

Pathway to citizenship

By fulfilling minimal requirements, you may be eligible for a Portuguese citizenship after 5 years of holding your residency.

High ranked passport

The Portuguese passport is ranked in the top 5 passports in the world for ease of travel.

Ease of travel

Citizens of Portugal can travel visa-free or with visa-on-arrival to over 185 countries and territories including the United States of America, the European Union, Singapore and Hong Kong.

PORTUGAL - D2 – ENTREPRENEUR VISA | Business Migration

Legal Basis

The Portugal D2 Visa, also known as the Entrepreneur Visa, is governed by the Portuguese immigration law under the framework established by Law No. 23/2007, of July 4, which regulates the entry, stay, exit, and removal of foreigners from Portuguese territory. The specific provisions applicable to the D2 Visa can be found under Article 60 of the said law, which outlines the conditions for residence permits for entrepreneurs, independent professionals, and immigrants with entrepreneurial projects.

Costs of Portugal D2 – Entrepreneur Visa

The applicant needs to have an existing company operating in Portuguese territory; or hold the necessary financial resources in Portugal to demonstrate that you intend to set up a company in Portuguese territory. There is no exact figure in the legislation for “necessary financial resources”, but it is recommended that you have funds in the order of €15,000. In addition, you will be required to hold personal maintenance funds to meet the minimum wage rate in Portugal to support yourself and your family members.

Minimum Wage Requirements

Main Applicant

EUR 10,440

Spouse

50% of the minimum wage

Dependent Child

30% of the minimum wage

Associated Investment Cost

In addition to the investment funds, there are additional purchase fees to be paid:

Consular Fees

EUR 90

Residence Permit Issuance Fee

EUR 160

Health Insurance (approx.)

EUR 400

Application Process For Portugal D2 – Entrepreneur Visa

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. We collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

4-6 Months

*Sample of
Residence Visa document

Step 1

We will have an initial consultation meeting with the applicant where we will check that you are able to satisfy the general eligibility requirements for the D2 visa.

Step 2

The applicant will have to make a down payment for our professional fees and sign an engagement agreement with us to provide them with assistance and advice throughout their application for the D2 visa application.

Step 3

We will help you to obtain your TIN (NIF) number, open a personal and company bank accounts, incorporate the business in Portugal and prepare a detailed business plan and thereafter the applicant will have to transfer the capital to his company and personal bank accounts.

Step 4

The applicant will have to submit their visa application with VFS, Portuguese Embassy or Consulate in their country of residence.

Step 5

The applicant will have to travel to Portugal and make an appointment with SEF for the residency permits once the visa is granted. The residency cards will be issued within 60 days (about 2 months) after the SEF appointment.

Step 6

The residency card is initially granted for two years and then renewed for 3 years after which the applicant can apply for Permanent residency or citizenship in Portugal if they meet the requirement. Pass a Portuguese language test (level A2) and demonstrate links with the national community e.g., through membership of a club or society.

Visa-free Countries for Portugal Residency

When you become a permanent resident of Portugal, you get visa-free circulation in the Schengen Area. After receiving Portugal citizenship, which has a passport ranking of being the 3rd most powerful passport according to the Passport Index 2021, citizenship holders get visa-free and visa-on-arrival to over 186 countries.

Visa-free and visa-on-arrival countries

29 Countries & Territories