Portugal Startup Visa

The Portugal Startup Visa is an excellent opportunity for entrepreneurs and their families to live, work, and thrive in one of Europe’s most welcoming and innovative environments. As an immigration agency specializing in Canadian immigration, we are excited to extend our expertise to assist clients in navigating the Portuguese immigration process through the Startup Visa program.

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Why Portugal?

Portugal is known for its vibrant culture, high quality of life, and business-friendly environment. With over 300 days of sunshine, excellent food, and a rich cultural history, it’s no surprise that Portugal is becoming a popular destination for entrepreneurs looking to establish their startups in Europe.

Beyond its lifestyle appeal, Portugal offers a cost-effective business environment, lower operational costs, and a supportive ecosystem for startups. Entrepreneurs can also benefit from the Non-Habitual Resident (NHR) tax status, making Portugal a financially advantageous location for both business and personal life.

Key Benefits of the Portugal Startup Visa

Access to the Schengen Area

The Startup Visa allows for visa-free travel to the Schengen Area for up to 90 days within a 6-month period.

Path to Citizenship

Applicants can apply for Portuguese citizenship after five years of residence.

Family Inclusion

Spouses, children, and dependent children over 18 who are unmarried and studying in Portugal can be included in the application.

Fast Processing

Obtain Portuguese residency in as little as six months.

Requirements for the Portugal Startup Visa

The Portugal Startup Visa is designed for innovative entrepreneurs who plan to develop their startup in Portugal. Here are the key requirements:

Business Activity

he startup must be connected to technology and innovation and have the potential to create employment in Portugal and enter the international market.

Incorporation in Portugal

The business must be incorporated in Portugal with the share capital deposited in its corporate bank account.

Financial Requirements

Applicants must have at least €9,840 in savings for settlement and funds to support their startup. Additionally, the startup should have the potential to reach a yearly turnover or have assets valued at €325,000 after five years.

No Criminal Record

Applicants and their accompanying family members must provide certificates of no criminal record.

Physical Residency

Applicants must reside in Portugal for at least six months in a row or eight months per year.

Application Timeline

The application process for the Portugal Startup Visa is streamlined, allowing entrepreneurs to focus on developing their businesses. The process involves:

  • Creating a business plan, incorporating the business, and capitalizing the bank account.
  • ubmitting the application in the applicant’s country and traveling to Portugal to provide biometrics and receive a residency card.
  • amily members can apply for their residence visas after the primary applicant receives their residency card.

Why Choose Us?

Our team of experienced immigration lawyers and support staff in Asia, America, and Europe are here to guide you through every step of the process. We provide comprehensive support, from helping you launch your innovative startup to navigating the legal requirements of the Portugal Startup Visa. With our expertise, you can confidently take the next step towards establishing your business and new life in Portugal.