white-logo-01
Praça do Comércio at Sunset, Lisbon | Savory & Partners
Crest of Portugal

program

Portugal - D2 – Entrepreneur VisaBusiness Migration

Portugal D2 – Entrepreneur Visa Program Overview

Minimum Investment

€15,000 (recommended)

Minimum Investment

N/A

Time to Residency

4-6 Months

Visa-free Access

26 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

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Confirmed solid business plan

Eligible Dependents

  • Spouse of the main applicant
  • Children (biological or adopted) under 27 years of age
  • Dependent parents over 55 years of age
  • Parents and children older than 18 must be dependent on the main applicant

Portugal D2 – Entrepreneur Visa Benefits

Freedom of movement

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.

Dual residency

Health & Education

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

Savory and Partners

Tax Relief

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

Health & Education

Pathway to citizenship

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

Savory and Partners

High ranked passport

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

Savory and Partners

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.

Legal Basis

PORTUGAL - D2 – ENTREPRENEUR VISA | Business Migration

Portugal D2 – Entrepreneur Visa 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 9,840

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. Savory and Partners 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
portugal-residency card sample.jpg
  • Step 1
    Savory and Partners 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 Savory and partners to provide them with assistance and advice throughout their application for the D2 visa application.
  • Step 3
    Savory and partners 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.
Savory and Partners

PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

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

26 Countries & Territories

With the Portugal Permanent Residency you can travel to the following countries:

  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Italy
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland

Client Success Stories

A Safe and Bright Future

The Challenge

Our Indian client was a successful business owner and single parent who found himself at a crossroads. He had built a thriving business in India, but as a single father, his top priority was ensuring a secure and promising future for his daughter. He dreamed of providing her with access to world-class education and a safe environment to grow up in, but relocating would disrupt his business. On top of that, the complexities of obtaining the necessary documents for his daughter after a recent divorce made the process even more challenging.

Our Solution

Understanding the weight of his situation, we set out to find a solution that would offer both personal and professional stability.

Portugal: The Ideal Destination

We recommended the Portugal Golden Visa program, a tailored residency-by-investment route that allowed him to maintain his business in India while fulfilling Portugal’s flexible residency requirements (just seven days per year). This program also ensured his daughter could relocate immediately, gaining access to world-class schools and a safe environment.

To meet the program’s criteria, our client chose the EUR 500,000 investment fund option, channeling his resources into a venture capital fund committed to boosting businesses in Portugal. This fund, designed with a minimum five-year maturity and a portfolio with at least 60% of investments in Portuguese companies, aligned perfectly with his vision of contributing to a growing economy.

The process required meticulous planning. Together, we navigated the legal documentation, secured a taxpayer number, and opened a local bank account. After finalizing the investment and submitting the necessary documents, his application was successfully processed by the government.

Business Growth Across Europe

To ensure his application’s long-term viability and foster local economic growth, our client created five permanent jobs within the Portuguese business landscape. This not only fulfilled a critical requirement for the program but also underscored his dedication to making a meaningful impact in his new home.

Supporting the Journey

From the start, our team at Savory & Partners took a hands-on approach to ensure everything was in place. We helped gather all the necessary documents for both him and his daughter, ensuring a smooth process from start to finish. Our experts made sure every requirement was met for a successful residency application, including due diligence and timely submission.

The Result

Today, our client and his daughter are enjoying their lives in Portugal. He has not only secured a brighter future for her, with access to top-tier education and a safe, stable environment, but he’s also expanding his business across Europe.

Why Choose Portugal Golden Visa?

Portugal’s Golden Visa program is designed to provide individuals and families with a pathway to residency while offering numerous lifestyle and business opportunities. Here’s why it’s the right choice:

  • Flexible investment options that allow you to secure residency by investing €500,000 in an eligible investment fund or venture capital fund.
  • EU citizenship after five years with minimal residency requirements (seven days per year).
  • World-class education, healthcare, and safety.
  • Strategic location and business-friendly environment to grow your ventures across Europe.
  • Ability to relocate with your family and ensure access to top-tier education and a secure environment for your loved ones.

For those considering the Golden Visa, here’s a closer look at the available investment pathways and the application process:

Investment Options

  • €500,000: Invest in private equity or venture capital funds
  • €250,000: Support arts or cultural heritage.

Application Process

Apply remotely or in person by selecting an investment, opening a bank account, and submitting documents. After a biometric visit, you’ll receive a two-year renewable residence permit. Citizenship or permanent residency can follow after five years.

Download brochure

Content

  • Portugal Country profile
  • Benefits of the program
  • Investment requirements
  • Investment process

Length

4 pages

Language

English & Arabic

size

1 mb

ABOUT PORTUGAL

Savory and Partners

CAPITAL

Lisbon

Savory and Partners

TOTAL AREA

92,212 km²

Savory and Partners

POPULATION

10.41 million

Savory and Partners

LANGUAGE(S)

Portuguese

Savory and Partners

CURRENCY

Euro (EUR)

Savory and Partners

EXCHANGE RATE

1 USD = 0.92 Euro

Savory and Partners

GDP – PER CAPITA (2022)

USD 24,515

Savory and Partners

GDP – TOTAL (2022)

USD 255.2 billion

About Portugal

Portugal boasts a rich historical and architectural heritage. Lying on the Atlantic Ocean, Portugal offers investors a lifetime opportunity to invest one of the most sought-after countries in which to reside. As a member of the European Union, the Portugal citizenship and Golden Visa Program offers open access to live, work, travel and study in Europe, and the opportunity to avail the country’s healthcare and consumer rights.

Country Background:

  • The Portugal citizenship and Golden Visa Program is a legal naturalization program based on the law inviting foreign investors from non-EU countries to obtain a fully valid residency permit in Portugal. The Program has been in effect since 2007.
  • The Portuguese Republic is a semi-presidential republic whereby the Government is headed by the presidentially appointed Prime Minister.
  • The capital Lisbon is the nation’s largest city. It is continental Europe’s westernmost capital city and its importance lies in finance, commerce, media, entertainment, arts, international trade, education and tourism.
  • Portugal has 6 international airports with flights serving all the major airports around the globe.
  • Portugal is mainly characterized by a warm temperate, Mediterranean climate with a distinct wet season in winter.
  • It is a member of the United Nations, European Union, Eurozone, OECD, NATO, WTO, and Schengen Area.
  • The Portuguese legal system is part of the civil law legal system, also called the continental family legal system.
  • The Portuguese currency is the euro (€) and the country was one of the original member states of the Eurozone.
  • The country trades mainly within the European Union, the US, Canada and Asia and above all South America and Africa where the former Portuguese colonies of Brazil and Angola are major trading partners.

Where is Portugal?

Portugal, officially The Portuguese Republic, is a country in southern Europe. The mainland is located on the southwest of the Iberian Peninsula, bordering Spain to the north and east, and the Atlantic Ocean to the west and south.

PORTUGAL - D2 – ENTREPRENEUR VISA | Business Migration

Related Blogs

Capetown-South-Africa-Wealthiest-Africa-Country
December 13, 20247 Min
Richest Country in Africa: Top African Nations By Wealth
Read More
UK-ETA-Jan-25
November 28, 20244 Min
UK ETA: A Comprehensive Guide for UK's Electronic Travel Authorisation
Read More
Business Setup in Saudi Arabia Step by Step Guide
May 8, 20248 Min
Setting Up a Business in Saudi Arabia: 2024 Comprehensive Guide
Read More
Company Formation In Hungary
February 16, 20244 Min
Setting Up a Business in Hungary | Comprehensive Guide For Entrepreneurs
Read More
Bridging International Business and Canada Intra Company Transferee Visa | Savory & Partners
October 17, 202312 Min
Bridging International Business and Canada: Intra-Company Transferee Visa
Read More
View All Blogs
Citizenship enquiry

Citizenship enquiry

© 2024 Second Citizenship by Investment, Second Passport Programs - Savory & Partners. Privacy Policy Terms & Conditions