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Portugal D2 Visa (Entrepreneur Visa)

The Portugal D2 Visa (Entrepreneur Visa)

The Portugal D2 Visa, also known as the Entrepreneur Visa, is designed for individuals who wish to establish a business or invest in Portugal. It allows non-EU/EEA nationals to legally reside and conduct entrepreneurial activities in the country. 

How it works

Portugal D2 Visa (Entrepreneur Visa) Application Essentials

01

Benefits

  • Legal authorization to reside in Portugal for the purpose of entrepreneurship or investment
  • Access to the Portuguese business environment and market opportunities
  • Opportunity to establish and operate your own business in Portugal
  • Possibility to apply for residency and, eventually, citizenship
  • Experience the rich culture, lifestyle, and opportunities in Portugal

02

Requirements

  • Valid passport with a minimum validity of six months
  • Proof of sufficient funds to invest in Portugal
  • A detailed business plan outlining the proposed investment and its viability
  • Clean criminal record
  • Health insurance coverage
  • Proof of accommodation in Portugal

03

Cost

The cost of the Portugal D2 Visa can vary depending on several factors, including nationality, embassy fees, document authentication, and any additional services required.

04

Process

  • Develop a detailed business plan outlining your investment intentions and its viability.
  • Gather all the required documents, including the completed visa application form.
  • Submit the application to the nearest Portuguese embassy or consulate in your home country.
  • Attend an interview, if required.
  • Pay the applicable visa fees.

05

How to apply

  • Start by gathering the necessary documents.
  • Complete the application form.
  • Pay the study permit application fee (CAD 150).
  • Submit the application online or through a Visa Application Center.
  • Provide biometric information (if required).
  • Wait for the application to be processed and receive the study permit.

FAQs

What is the minimum investment required for a Portugal D2 Visa?

  • The minimum investment amount can vary and depends on the type of investment and business plan. It is advisable to consult with relevant authorities for specific requirements.

Can I bring my family with me on a Portugal D2 Visa?

  • Yes, your spouse and dependent children may be eligible to accompany you and obtain dependent visas.

How long is the Portugal D2 Visa valid for?

  • The initial D2 Visa is typically issued for a period of one year, and it can be renewed for subsequent two-year periods.

Can I work for another employer while holding a Portugal D2 Visa?

  • The D2 Visa is primarily for entrepreneurial activities. Working for another employer may require additional authorization or a different type of work permit.

Can I change my business idea after obtaining the Portugal D2 Visa?

  • It is generally allowed to modify your business plan, but significant changes may require notification to the relevant authorities.

Can I apply for permanent residency or citizenship with a Portugal D2 Visa?

  • Yes, the Portugal D2 Visa can eventually lead to permanent residency and, after a specified period, eligibility for Portuguese citizenship.

What happens if my business fails while on a Portugal D2 Visa?

  • If your business fails, it may impact the renewal of your D2 Visa. It is advisable to seek legal advice and explore alternative options.

Is there a limit on the number of D2 Visas issued each year?

  • There is no specific limit on the number of D2 Visas issued each year, but the application process and approval are subject to assessment and evaluation.

Can I travel within the Schengen area with a Portugal D2 Visa?

  • Yes, a Portugal D2 Visa allows you to travel freely within the Schengen area for a maximum of 90 days within any 180-day period.

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