Lecture Notes: Portuguese Entrepreneur Visa (D2 Visa)

Introduction

• Speaker: Lucian Olera Olivera, Lawyers
• Location: Lisbon, Portugal
• Topic: Portuguese Entrepreneur Visa (D2 Visa)
  • Ideal for entrepreneurs with business experience
  • Does not require a massive investment like the Golden Visa (500,000 EUR)
  • Offers residency and potential citizenship in Portugal

Key Points of the D2 Visa

• Eligibility:
  • For individuals with a business background
  • Requires a business plan and history of business success
• Investment:
  • No minimum investment required, unlike the Golden Visa
  • Application must be realistic and compelling

Advantages of Choosing Portugal

• Strategic Location:
  • Entry point to the European Union (EU)
  • Access to markets in 27 EU countries
• Living Conditions:
  • Stable, safe, and open to other cultures
  • Competitive cost of living compared to France and the UK

Application Requirements

Specific to D2 Visa

• Business Plan:
  • Critical component of the application
  • Should show solid financials and investment readiness
  • Inclusion of business references and personal credentials
  • Proof of funds in a Portuguese bank account

General Portuguese Visa Requirements

• Financial Stability:
  • Proof of sufficient funds to support oneself and family for a year
  • Funds should be in a Portuguese bank account
• Tax ID and Accommodation:
  • Obtain Portuguese tax ID (NIF)
  • Secure accommodation for at least one year
• Health Insurance and Background Check:
  • Full-year health insurance
  • Criminal background check and Apostille for documents

Application Process

• Timeline:
  • 2-3 months for immigration review
  • 60-90 days to prepare the application
• Visa Conversion:
  • Temporary visa for 120 days
  • In-person appointment in Portugal for residency issuance

Residency and Citizenship

• Residency Requirement:
  • Must stay 6 months per year in Portugal
  • Different from Golden Visa (7 days/year requirement)
• Long-Term Benefits:
  • After 5 years, eligibility for permanent residency or citizenship
  • Option to stop or sell the business after gaining citizenship

Conclusion

• Opinion and Feedback:
  • Encouragement to comment and ask questions in the comment section
  • Teaser for the next video