Portugal D2 Visa for Entrepreneurs to Open or Expand Business in Europe

Opening a business in Europe is a dream of entrepreneurs with a global expansion. Portugal D2 visa is a key to unlock EU market and to lay down the first brick of global expansion. The ease of doing business, low cost of living, affordable real estate and welcoming nature of locals are driving reasons to start a business in Portugal. A businessperson who wants to start a new company or invest in an already operating business can apply for a Portugal D2 residency visa.

Portugal D2 Visa Investment Requirements

Business persons with a vision to start a Portuguese company or to buy a running business adds economic and cultural value to the country. The government of Portugal didn’t bound investors to contribute a specific amount for business activities. The only financial obligation is to have at least  €10,440 to support their living in Portugal for a year. You need to present a sustainable business plan and how it will grow during the coming years.

Portugal Residence with Family for Businesspersons

Portugal entrepreneur visa is your gateway to Europe where investors can live with family while operating a business in Portugal. After issuance of D2 visa of Portugal, investors have to apply for Portugal residence within four months. You need to visit AIMA to get permanent residency in Portugal. As a requirement, you need to reside in Portugal for 18 months continuously.

Benefits of Portugal D2 Visa for Entrepreneurs

The main aim of Portugal D2 visa is to welcome entrepreneurs to do business in the country. Apart from business operations, here are the top 5 benefits of entrepreneur visa:

1.     Visa Free Travel

Apart from moving to Portugal, the entrepreneur visa of Portugal is a D type visa that permits Schengen visa free travel. You can live in any Schengen country for 90 days out of 180 and thus can travel for business, leisure, health or education for children.

2.     Easy Requirements

Portugal entrepreneur visa is designed to attract foreign direct investment in the country. The easy requirements push businesspersons to invest in Portugal and set up a company. The Portugal commerce will review the business plan and you can get assistance from a Portugal D2 visa expert to get a recommendation letter.

3.     Favorable Business Environment

Good economic growth in Portugal, easy documentation, fast processing of business setup and promotion of business within the Schengen area makes business operations easy to manage. Good growth rate, better banking efficiency than EU and moving of entrepreneurs from the US and the UK makes a favorable and competitive business environment in Portugal.

4.     Portugal Residency with Family

Portugal D2 visa for entrepreneurs is a gateway to relocate to Portugal with family. The low cost of living in Portugal makes it easier for new settlers to adjust in the new country and enjoy the European lifestyle. The country is one of the safest places to live with family, while you also gain access to the best education and healthcare system.

5.     Portugal Permanent Residency and Citizenship

Entrepreneurs doing business in Portugal can apply for permanent residency with family after 5 years of living in the country. If you meet the criteria, D2 visa holders can also get Portugal citizenship. You must prove your Portuguese language skills via A2 level certificate. Portugal allows dual citizenship for foreigners; however, your home country must allow it or you have to renounce your first citizenship.

Funds Requirements to Sponsor Family in Portugal

In order to sponsor your family in Portugal, entrepreneurs must show financial stability by meeting the minimum wage criteria. Fund requirements for the main applicant is €10,440, €5,220 for main applicant and spouse and €2,610 for a couple with a dependent child. These are the minimum requirements to sponsor family members via Portugal D2 visa.

Portugal D2 Visa Process

Portugal D2 visa process involves the following steps:

• Initial due diligence by d2 visa consultant
• Documents collection
• NIF and Portugal bank account opening
• Rent a property or buy a home
• D2 visa approval
• Portugal residency permit

Conclusion

Portugal D2 Visa is designed to attract entrepreneurs seeking business expansion to the European market. Easy requirements make the D2 visa the best immigration program for business mind people to get Portugal residency and grow their brand identity. D2 entrepreneur visa is also a pathway to get a Portugal passport that permits visa free travel to over 180 countries. You can travel to Schengen countries, the UK, US, Canada, Japan and other destinations.