A startup visa in Portugal (Article 89.4) is an easy way to move here with a team of colleagues, even if you just have an idea for a startup.
More so, it is better to have just an idea, and not a set and functioning business – then the process of obtaining a residence permit using a start-up visa will be much faster.
Startup idea
The Founder/Founders should be over 18 years old, have no criminal record, reside outside of the Schengen countries, have no tax debts and can prove that they have more than €5,200 on their bank account.
Each member of the team (1-5 people) should have higher education.
Getting approval of one of the local business incubators.
Potential for achievememt of a turnover of more than €325,000 per year and/or value of assets of more than €325,000 per year in 5 years after the incubation period.
Postponing a free life for later is like stealing from yourself. We do not choose where we were born, but we can choose where and how we live! That kind of freedom is great, right?
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Portugal's D3 visa and Article 90.2 aim to attract educated professionals by requiring a higher education diploma with an apostille and a job in a Portuguese company paying at least 1.5 times the national average salary (€2,000 in 2024).
The D7 visa is tailored for individuals with a stable passive income of at least €1000 monthly after taxes and a minimum of €9120 in savings per person, facilitating a residence permit for 2 years, extendable for 3 more. After 5 years, it offers a path to permanent residency or citizenship.
Digital Nomad visa is issued to people who work remotely and get an income of more than €3300 per month. This is a long-term visa that leads to a residence permit. The Portuguese Consulate processes the visa application within 90 days.
A startup visa in Portugal (Article 89.4) is an easy way to move here with a team of colleagues, even if you just have an idea for a startup.