D2 visa for Portugal Portugal D2 Entrepreneur Visa

D2 visa for Portugal Portugal D2 Entrepreneur Visa

The high standard of living, safety, lower cost of living, pleasant climate, well-educated workforce, lower labor costs, and lower corporate tax rate compared to many other EU countries have made Portugal an attractive destination for people who wish to launch their business or start-up or want to travel and trade more easily within the EU market. Portugal is also an ideal location for digital or technology-focused businesses due to its world-class infrastructure. The D2 or the Immigrant Entrepreneur Visa is for entrepreneurs, freelancers, and independent service providers from outside of the EU and Schengen Area who wish to start (or transfer) a business or startup, or have already invested in a business, in Portugal. If your application is approved, you will be granted residency in Portugal. This will entitle you to live and work in Portugal. It also allows you to travel (but not to relocate) within the Schengen area for work or leisure. the D2 has several advantages as compared to other European entrepreneurship visas. Unlike the Golden Visa, there are no minimum amount requirements. Although, most immigration firms would advise you to invest at least €5,000 worth of capital to demonstrate the credibility and viability of your proposed business plan. The more money you put into your company, the better your chances of getting a visa. Although this is not a free investment, it is a reasonable amount for many entrepreneurs. The D2 visa is directed at small and medium-sized businesses. Since the main objective of this visa is to raise external resources to help the Portuguese economy develop, you must have a solid business plan.