Portugal Startup Visa

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Portugal
About
Requirements
Cost of Living
Expats
Talent Migration

About

Portugal Startup Visa is a temporary residence visa for Non-EU startup founders who want to be establish a startup in Portugal.

The process is managed by IAPMEI and involves the National Network of Incubators spread out throughout the whole territory which ensures your business will kick off next to a community of entrepreneurs already present in the market.


Application Process


  • Access the Startup Visa online platform here

  • The application is submitted in Portuguese or in English language, through an online form, available in the online platform of the program.

  • The incubator of your preference gets a notice of your application and revises it.

  • If your application is accepted, you will get approved by the incubator and get a notification on the portal informing you about it.



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Duration

12 month(s)

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Citizenship

72 Month(s)

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Fees

80

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P. Residency

60 Month(s)

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Processing time

2 to 3 week(s)

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COMPLEXITY

Medium

What are eligibility requirements for the Portugal Startup Visa?

10 Eligibility 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

Which documents do I need to apply for the Portugal Startup Visa?

7 Document Required

  • 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.

Talent Migration data for Portugal

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

Disclaimer: Visadb.io is a FREE visa database and Immigration Expert Marketplace. The information displayed in this page is not legal advice. Please speak to an Expert before applying.

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