Home » Visa Schemes » Portugal Startup Visa of Portugal

Description

Duration

12 month(s)

Processing time

2 to 3 week(s)

Converts to Citizenship after

72 Month(s)

PR after

60 Month(s)

Complexity

Medium

Governmental Fees

80USD

Requirements:

Applicant must be an entrepreneur who intends to develop startup in Portugal, even though might not have started business yet, OR; Applicant must be an entrepreneur who has already launched a startup in his country and wants to set it up in Portugal Applicant should not have regular residence in the Schengen area in a recent past Applicant must not have criminal records. Applicant must not be under 18 years old. Applicant must have have enough funds in bank account in a total amount of 5146.08 Euros for 12 months (per person). Applicant project/startup must be focused on technology Applicant startup must shows potential to the creation of jobs. Applicant startup must show the potential to generate a turnover of 325,000 Euros per year and/or assets value over 325,000 Euros per year, within 5 years after the start of the contract with chosen incubator Applicant must have the capacity to establish a company, when applicable, during the undergoing of the program

Documents:

Evidence that the applicant's startup is focused on technology A motivation letter demonstrating your interest on developing an entrepreneurial and/or innovative project in Portugal Evidence of enough funds in bank account in a total amount of 5146.08 Euros for 12 months (per person). Evidence of the potential to generate a turnover of 325,000 Euros per year and/or assets value over 325,000 Euros per year Declaration of interest from a Portuguese incubator. Copy of passport or any other valid travel document, with the biopages Criminal record certificate.

Cost of living

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