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Portugal D2

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Portugal D2 Visa A Pathway to Your Business Goals TEG Consultancy

Do you consider yourself an entrepreneur or someone who freelances and dreams of starting or growing your business within Europe? Portugal has a rich cultural tradition and a flourishing economy and is strategically located in the European Union. It offers a unique opportunity for citizens of countries outside the EU to work, live, and expand their business with the D2 Visa.

We at TEG Consulting know the process of relocating to a different location and establishing your own company can be exciting as well as overwhelming. This is why we’re here to assist you through every step of your way, from understanding the D2 Visa requirements to submitting the application with ease. We’ve compiled the information you should be aware of concerning the Portugal D2 Visa and how TEG Consultancy can make your move smooth and painless.

Investment

Minimum EUR 500,000

Processing time

06 months

Key benefit

The right to live, work and study in Portugal

What is the Portugal D2 Visa?

The D2 Visa is often called “the Portugal Entrepreneur Visa, Company Opening Visa, and the Self-Employed Visa.” It is designed specifically for citizens of non-EU countries seeking to set up businesses in Portugal, invest, or become self-employed professionals. Whether you’re a digital nomad freelancer or an already successful self-employed entrepreneur, the D2 Visa opens the door to opportunities for business growth within one of Europe’s most vibrant markets.

Who Can Apply for the D2 Visa?

This D2 Visa is perfect for those who

  1. Entrepreneurs want to start an entirely new company in Portugal or expand their existing business within their own country.
  2. Self-employed individuals (e.g., self-employed contractors, freelancers, or digital nomads) who specialize in services that meet the needs of Portugal’s markets.
  3. Investors who are planning to invest money into an enterprise or project located in Portugal by either creating a business or buying one already in existence.

If you’re willing to leap into the water and bet on Portugal’s future and its future, the D2 Visa could be your chance to build a successful company, access to the European market, and better quality of living. 

However, the procedure requires meticulous planning and precise implementation.

How to Qualify for the D2 Visa

Obtaining a D2 Visa requires more than simply filling out the forms. It’s about showing the concept of your business and proving your ability to make a difference in Portugal’s economy. With TEG Consulting, we help you gather all the required documents and make a convincing argument to ensure your proposal will stand out.

Investment Declaration

You must prove your intention to invest in Portugal - through financial or business methods. It is essential to specify the amount of your investment and the nature and length of the investment. This isn't just about the cash; the appraisers are looking at the economic impact, social and technological effects on your business, and its contribution to creating employment in Portugal.

Business Plan

A well-organized Business plan is among the application's most essential elements. The plan should define your objectives, plans, strategies, and figures and explain how your business can help Portugal's economy. If you're establishing an enterprise, you'll have to demonstrate that your business can thrive in the Portuguese market and generate new jobs or provide other services to Portugal.

Proof of Financial Means

Candidates must demonstrate that they have the financial capacity to sustain the family and themselves for a minimum of one year regardless of their work revenue. The minimum salary required of the principal candidate is currently EUR 9,870, and additional sums apply to dependents (e.g., EUR 4,935 for spouses and EUR 2,962 for each child).
We at TEG Consultancy ensure that you have all the necessary proof of your financial capabilities, such as income, savings, or other assets, to satisfy these standards.

Health Insurance

If you're not a citizen of the EU, you'll require complete health insurance coverage that covers the medical costs of your stay in Portugal. This covers medical emergencies, repatriation, and other emergencies. You'll have access to Portugal's health care system if given a residence permit.

Tax Representative

Non-EU citizens applying for a D2 Visa, rather than citizens of the EU, must appoint a tax representative in Portugal to fulfill the tax requirements. We at TEG Consultancy can guide you to a reputable representative and ensure that all of your financial affairs are up to date.

Company Set-Up and Financial Capacity

If you're planning to start an enterprise in Portugal, you'll need proof that you've set up your own company or that you have enough funds to do so. That includes having sufficient to fund the share capital, which is typically EUR5,000 for smaller businesses.

The D2 Visa Application Process

Step 1: Apply at the Portuguese Consulate

The initial step of your D2 Visa process is to submit your application to the Portuguese consulate in your country of residence. When your application is approved, the consulate will confer directly with the Portuguese Immigration and Borders Police (SEF) to assess its merits.

Step 2: Temporary Visa Issued

If your request is accepted and approved, you’ll receive a temporary visa called D2 that allows you to travel to Portugal. The applicant must arrive in Portugal to complete additional formalities through SEF.

Step 3: Final Residence Permit

When you arrive in Portugal, you’ll need to go to SEF SEF to finalize your application for residence permits. The process involves submitting your applicant’s fingerprints, photos, and original documents. After your application has been approved, you’ll receive a residency card that is valid for one year and can be renewed for two years.

Family Reunification and Resident Rights

One of the main advantages of the D2 Visa is that it lets you apply for family reunions. Your dependent children and spouse are also eligible to apply for residency permissive under the family reunion law. This will ensure that your entire family is able to live, work, and access Portugal’s services.

In addition, when you become a resident, you are granted access to health care, education, social security, and additional legal rights. You may also be qualified for tax advantages, such as the non-habitual residence program, which grants tax-free status for the first 10 years.

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Why Choose TEG Consultancy?

We at TEG Consultancy are dedicated to making your dreams of working and living in Portugal a possibility. With decades of experience and a deep understanding of how to complete the D2 Visa process, we can take the stress off your shoulders by walking you through each procedure. From preparing your application to ensuring that it is in compliance with the law’s requirements, we will make it as simple and easy as we can.

Final Thoughts

This Portugal D2 Visa can be an excellent chance for self-employed and entrepreneurial professionals who want to begin afresh with Europe. We at TEG Consulting are ready to give you personalized support and professional guidance to help you understand the intricacies of Portuguese immigration laws. If you plan to start a company that invests in one or provides expert services, Portugal will happily host you. We’re excited to join your journey.

If you want to move to a better life in Portugal, Contact us now. Let’s help you make your business dreams happen within one of Europe’s largest, most prosperous, and friendly nations.

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