Portugal D2 Entrepreneur Visa | Sarıoğlu & Avcı Law Firm

The Portugal D2 Entrepreneur Visa is a residency program designed for non-EU, non-EEA, and non-Swiss entrepreneurs, self-employed individuals, and small business owners who wish to establish a business and reside in Portugal. This visa is specifically tailored for individuals seeking to contribute to the Portuguese economy by starting a new company, acquiring an existing business, or operating as a self-employed professional.

What is the Portugal D2 Visa and Who is Eligible?

The Portugal D2 Visa allows entrepreneurs to obtain a residence permit in Portugal by establishing or managing a business. The following categories of individuals are eligible to apply:

Entrepreneurs Starting a New Business: Individuals planning to launch a new company in Portugal.
Business Owners Acquiring an Existing Company: Those who wish to purchase and manage an established business in Portugal.
Self-Employed Professionals: Individuals seeking to work as independent professionals within Portugal.
Investors: Those who can present a viable business plan that contributes to the Portuguese economy.

Advantages of the D2 Visa

Grants the right to establish and manage a business in Portugal.
Allows free movement within the Schengen Area.
Provides the right to live and work in Portugal.
Offers access to Portugal's healthcare and education systems.
Provides tax benefits and financial advantages.
Enables eligibility for Portuguese citizenship after five years.

Eligibility Requirements for the D2 Visa

To qualify for the Portugal D2 Entrepreneur Visa, applicants must meet the following conditions:

Be at least 18 years old.
Have a clean criminal record (apostilled and translated into Portuguese).
Provide proof of a residential address in Portugal (a six-month rental contract or property ownership).
Submit a valid and feasible business plan.
Open a bank account in Portugal and deposit the necessary capital for the business.

Minimum Investment Requirement for the D2 Visa

The Portugal D2 Visa does not have a fixed minimum investment amount. However, to enhance the likelihood of approval, the investment should be economically viable and demonstrate financial sustainability.

In general, a strong application includes a well-structured business plan, financial projections, and an investment amount ranging between €5,000 and €50,000. However, this range may vary depending on the industry and business model.

D2 Visa Application Process

Preparation of Required Documents
Submission of the National Visa Application
Entry into Portugal and Residence Permit Application
Residence Permit and Citizenship Process
- The initial residence permit is valid for two years, followed by a three-year residence permit renewal.
- After five years of residency, and proof of A2-level Portuguese proficiency, applicants may qualify for permanent residency or citizenship.

Minimum Stay Requirements in Portugal

To maintain their residence permit, D2 visa holders must meet the following minimum stay requirements:

During the initial two-year residence period: A minimum of 16 months in Portugal.
During the subsequent three-year renewal period: A minimum of 28 months in Portugal.
To qualify for permanent residency: At least 30 months in Portugal within five years.

Work Authorization under the D2 Visa

Since the D2 Visa is designed for entrepreneurs and business owners, visa holders have the right to work full-time and manage their business operations in Portugal.

D2 visa holders may establish a company, operate a business, or work as self-employed professionals.

Conclusion

The Portugal D2 Entrepreneur Visa is an excellent residency program for individuals seeking to invest, start a business, or expand their operations in Europe. It offers a strong legal framework and economic opportunities for self-employed professionals, entrepreneurs, and investors looking to establish a presence in Portugal.

At Sarıoğlu & Avcı, we provide comprehensive legal support for clients throughout the entire Portugal D2 Visa process. Our services include obtaining a tax identification number, opening a bank account, preparing the application file, and handling SEF applications, ensuring a smooth and successful application process.