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D2 Visa Portugal: A Detailed Guide

Friday, August 19th, 2022

This article will describe the criteria and application procedure for the D2 Visa Portugal – the so-called “immigrant entrepreneur” visa for non-EU persons intending to undertake investment activities in the country. The D2 is an incredibly sought-after European visa, but what’s the lure of this warm area on the Iberian Peninsula for international entrepreneurs?

When applying for a D2 visa to Portugal, what are the most important factors to consider?

To qualify for a D2 Visa from the Portuguese government, you must demonstrate that you plan to establish a permanent presence for your firm in Portugal, that your operation is financially viable, and that you have the resources to see it through. The D2 Visa is for small- to medium-sized firms broadly tied to social, scientific, technical, cultural, or economic domains. This has, however, been defined into a set of necessary needs. It includes:

  • Proving the Efficacy of a Business Concept

Here, it would help if you emphasized the uniqueness of your firm and its goal (which you may do by connecting it to one of the above businesses). There is no need to reinvent the wheel when there are already so many successful Portuguese companies to learn from.

  • Business Strategy

This has to be understandable, brief, and comprehensive. It’s crucial to lay down the fundamental procedures that will form the basis of your company.

  • Finances of Society

The government has not placed any explicit criteria on social capital for immigrant entrepreneurs, but this cannot be overlooked in the competitive atmosphere of getting clearance for your venture. Your goal should be to provide evidence of the social cohesion inside your company and the community in which you want to create it.

  • Reasons You Have Chosen Portugal

Tax advantages aside. To satisfy this need, you’ll need to provide evidence of the relevance of your proposed enterprise to the host nation. The primary criterion for social capital is closely tied to this. Still, it would be best if you also defined what it is about Portugal that is especially suited to your company – and how your firm is doing in Portugal.

  • A Guide to Obtaining a D2 Visa and Permanent Residency

Having defined how you would persuade the Portuguese government to embrace your firm, it’s time to begin the formal progress. A Portuguese consulate or embassy is where you should start if you want to apply for a visa to Portugal. To learn more, visit the Portuguese Ministry of Foreign Affairs online. You will need the following formal papers before your consultation if you have a solid pitch and business plan:

The official form (obtainable from the respective embassy or consulate).

Documentation proving identity and eligibility to travel (and two up-to-date passport photos)

  • Appropriate travel insurance

Documentation showing that your present living condition is typical for your country of residence

A request for a criminal record inquiry by Portugal’s Immigration and Border Services (the SEF) (the SEF)

  • A Criminal record certificate from your country of residence

Documentation of financial stability (this varies depending on where you live, but you will also need to provide a statement of responsibility and have it signed by a Portuguese national or someone resident in Portugal).

Final Thoughts on the Residence Permit and Beyond

Four months after your Portugal D2 visa application issuer, you must enter Portugal and apply for a residence permit. When applying for Portuguese citizenship, expect to wait at least four months. However, all you need to do within that time range is to get an appointment. Even if your position is months away and your visa has already expired, showing documentation of an upcoming appointment will make you a legal resident and allow you to conduct business as usual.

Why are entrepreneurs migrating to Portugal?

Monday, March 14th, 2022

There is no doubt that Portugal is the best in terms of safety, career opportunities, English proficiency, and much more. These factors attract many people to this country, especially entrepreneurs and self-employed people. Seeing this, many people apply for a D7 Portugal visa, permitting any non-EU or Swiss citizen to have a good passive income. Know that entrepreneurship visa Portugal is an affordable and attractive Portugal visa allowing people to settle in the country if having a stable financial situation.

Pensioners, retired foreign citizens or entrepreneurs with a stable income, having real estate, some financial investments, etc., can go for this visa. You have to fulfill the minimum wage set by the Portugal government. Know that you can renew your first after two years and the after three years. After living for five years, you will be eligible to apply for Portugal nationality. In order to get the D7 visa, you have to undergo some Portugal visa requirements. Apply from your home country for a temporary visa. Then you have to get an appointment from SEF, who will approve your D7 visa.

To know the reasons why entrepreneurs, prefer Portugal, check out here:

  • Quality of life- There is no doubt that Portugal will offer you a good quality of life. You will enjoy a comfortable life as the political and economic factors are also gaining some importance. Also, this country is very welcoming for the ex-pats, making sure they easily settle down.
  • Good network– Portugal has never been into conflicts which means it has good contacts with other nations. This will give the opportunity to the entrepreneur to expand their business globally.
  • Visa options– Portugal offers many visa options for the people to migrate to their country. They also support innovations and technical advancements, which cater many entrepreneurs to shift to Portugal.
  • Reasonable cost of living– It is true that many do not have to struggle financially while migrating to Portugal because the cost of living in Portugal is not too high. It has good quality of life, personal finance, cost of living, working life, and good family life. One will get amazing career opportunities to expand globally.
  • Visa process– The best thing is that if you have a good and stable passive income, you can easily complete the visa process without any hassle. Seek help from the immigration consultants as they will help you out with the documents. Just make sure to show all your financial documents like proof of income, bank statements, savings, if any, etc.
  • Family– Know that your whole family will be eligible for this visa, so you can easily migrate without leaving your family behind.

So, above are some of the reasons why entrepreneurs should relocate to Portugal. If you are looking for some help to get a Portugal visa for immigrant entrepreneurs, you can contact ‘Gazette Immigration Consultant’. They have the right professionals for you who have the expertise to assist you in everything. They will help you out with the documents and other related things.

Things to Know about the Portugal D7 Visa for Entrepreneurs and Self-Employed

Sunday, March 6th, 2022

If you are a non-EU citizen, whether an entrepreneur or self-employed, seeking to migrate to Portugal, the D7 visa for entrepreneurs is the right option to go for. Also, Portugal is an amazing place to settle down because of the good job opportunities and investment opportunities. Even if you are a retiree, this will turn out to be a great place for you if you have a good source of income and savings.

Though the process is a bit lengthy for the D7 visa, it is always advised to seek help from immigration consultants. Know that the visa can be renewed first after two years and then after 3 years. Once you live there for five years, you will be eligible for Portugal nationality. Make sure to comply with all the necessities. Many documents are required, and some important ones are a personal statement, proof of accommodation, and means of financial subsistence. It is important to convey the right financial situation with all the valid proof required.

So, as an entrepreneur or a self-employed, if you are interested in getting the D7 Portugal visa, follow the following points:

  • Eligibility- Know that it is important to have a good source of income because the state will accept those who won’t become a burden on the state. They will look for high income, which means high-income reliability. Your income should be from your pension, rental properties, salary from your job, dividends, etc. Also, one should have the ability to buy or rent accommodation in Portugal. You have to pass a basic language test. You have to be in Portugal for 16 months for the first two years, 28 months for three years, and make sure you live in Portugal for 6 consecutive months to get the residence permit.
  • Documents- A passport with more than 6 months validity, few passport size photos, a valid reason for obtaining Portugal residency, criminal record certificate, travel insurance, health insurance covered in Portugal, proof of financial statement (passive income), etc.
  • Cost- Know that the cost of getting the D7 Portugal visa is relatively low in comparison to other programs like Portugal golden visa. For a D7 visa application, you have to pay €75, and for your residence permit, you have to pay nearly €90. Know that this fee will include health insurance, flight tickets, accommodation, etc.
  • Processing time- To get the temporary visa, will take nearly 60 days, whereas to get the D7 Portugal visa will depend upon where you are applying for it. An appointment from SEF will take nearly 120 days, and once your documentation is done, it will take nearly 3 weeks to get the residence permit.

So, above are some of the points the entrepreneurs and self-employers should know while applying for a D7 residency visa. In case of any doubt, feel free to contact to ‘Gazette Immigration Consultant’ in UAE. They are the best immigration consultants making sure to help you in this process.

Reasons Why Entrepreneurs Are Investing In Portugal Golden Visa

Tuesday, March 1st, 2022

Portugal residency as an investing program, also known as Portugal golden visa, is one of the most popular ways to get permanent residency in the European Union. People with good net value prefer this way to get EU residency to safeguard their wealth. Seeing this, many entrepreneurs are coming forward for a Portugal entrepreneur visa to get the benefits of investment opportunities that this country has to offer.

Know that Portugal’s golden visa, launched in October 2012, is a legal naturalization process that invites the non-European Union countries to get fully permanent residency. To get the Portugal golden visa, it is important for the participant to be more than 18 years with no criminal record and good financial stability. Also, the applicant can apply for both individual and family. The eligible family will include a spouse and children under 18 years of age. As this includes some lengthy documentation procedures, it is always advised to seek help from any well-known immigration consultant. On average, it will take nearly 6 months for the applicant to get the right to live, work, travel, or study in Portugal.

Below are some of the reasons reflecting the reasons why entrepreneurs are investing in Portugal golden visa:

  • Pathway to citizenship- This is one of the legal paths to citizenship in Portugal. After meeting all the documents and getting the visa, you will be eligible to apply for Portuguese citizenship after 5 years. PR in Portugal will give you the same privileges and rights as a citizen- without a passport.
  • Good salaries- Investment opportunities are great in countries in the European Union. Countries in the EU are economically strong. Also, there are many labor jobs as well in Portugal, making sure that you are easily able to cover all your necessary costs. The labor is quite affordable in these countries, which will give you a competitive edge.
  • Standard of living- The main reason while shifting to this country, the entrepreneurs, businessmen, and investors are attracted to Portugal’s golden visa is the country’s high standard of living. In comparison to other European countries, this country’s living cost is way too less which makes it easy for them to settle down. In terms of education, living, food, etc, this is one of the best places to settle in.
  • Good relations- We all know that Portugal has good relations with other nations, which brings in good opportunities. This offers to open more businesses in this place as it has consistently good relations with other nations, which allows them to expand globally.

So above are some reasons why entrepreneurs are investing in Portugal’s golden visa. For your Portugal entrepreneur visa requirements, you can contact ‘Gazette immigration consultant’. They will help you with their assistance and will make sure to arrange all the required documents to get the Portugal golden visa. If you live in Dubai and are planning to settle in Portugal, you can contact them for professional guidance.

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