• The Portuguese D2 Visa, commonly referred to as the Migrant Entrepreneur Visa, is tailored for non-EU/EEA/Swiss nationals who aim to establish, expand, or invest in a business venture in Portugal. This visa is ideal for entrepreneurs, freelancers, and independent service providers seeking to tap into Portugal’s vibrant and growing economy.
  
  

General Qualifications and Requirements

To be eligible for the Portuguese D2 Visa, you must fulfill the following criteria:

• Nationality: You must be a national of a country outside the European Union (EU), European Economic Area (EEA), or Switzerland.

• Business Plan: A comprehensive and detailed business plan is essential. It should outline your business goals, market analysis, revenue model, potential job creation, and projected economic impact in Portugal.

• Financial Stability: You need to prove financial self-sufficiency to sustain your living expenses for at least one year. The recommended minimum is €10,440, though more may be required depending on family size.

• Investment Requirements: While there is no legally defined minimum investment, the investment must be adequate to launch and operate the business successfully. It should reflect your business needs such as office space, equipment, staff, and initial operational costs.

Application Process

The application process involves several key steps:

1. Obtain a Portuguese Tax Number (NIF): Required for all financial and legal transactions in Portugal.

2. Open a Portuguese Business Bank Account: Essential for managing company finances and receiving funds.

3. Company Incorporation: Register a limited liability company (LDA) or alternatively acquire/invest in an existing business.

4. Prepare Supporting Documents: These include proof of personal income, valid accommodation in Portugal, and comprehensive travel/health insurance.

5. Complete the Visa Application: Fill out the official D2 visa application form with accurate and complete information.

6. Book an Appointment: Schedule an appointment with your nearest Portuguese consulate or a VFS Global service center.

7. Apply for Residency: Upon arrival in Portugal, you must apply for a temporary residence permit through the Agency for Integration, Migration, and Asylum (AIMA) within four months of your visa issuance.

Benefits of the D2 Visa

The D2 Visa provides a wide range of benefits for entrepreneurs and their families:

• Residency: You and your immediate family members become eligible for legal residence in Portugal.

• Schengen Travel: Enjoy visa-free travel across the Schengen Area for up to 90 days within a 180-day period.

• Business Opportunities: Benefit from Portugal’s pro-business environment, supportive government initiatives, efficient banking system, and access to European markets.

• Path to Citizenship: After five years of continuous legal residence, you may apply for permanent residency or Portuguese citizenship, provided you pass a basic Portuguese language test (A2 level) and meet other integration requirements.

The D2 Visa is a strategic gateway for aspiring entrepreneurs to build their business in Europe while enjoying the high quality of life Portugal offers. Given the complexity of requirements and documentation, it is advisable to consult with a legal or immigration professional to guide you through the process.