02/11/2021
Portugal D-2 visa is one of the advantages for business entrepreneurs, freelancers, independent professionals who are willing to establish their future business in Portugal and the Schengen area.
Definition of D-2 visa of Portugal-: Download PDF.
In general, Portugal, having two categories of visa, thatโs all short-term and long-term visas. The D2 visa under the category of long-term visa program in Portugal. That is also known as entrepreneur visa, independent professional and start-up visa of Portugal.
Who eligible for the Portuguese D2 visa programme-:
D2 Visa for entrepreneurs
D2 Visa for independent professional
D2 Visa for start-ups
D2 Visa for investors
D2 Visa for company owner, shareholder, partner, the board of directors.
D2 Visa for branch owners and share-holder partners and directors.
How to obtain Portuguese D2 (immigrant entrepreneurs) Visa-:
Concerning obtaining Portuguese D2, the visa should have a motivated and reliable business plan and in-depth research about future business in Portugal and the country. Should demonstrate a strong relation and study with the Portuguese territory and business community of Portugal. Also, you should be registered with appropriate authorities before starting your project in Portugal. Business capital is one of the critical marks of your interest, and an investor should have sufficient budget and money to start a commercial activity/company in Portugal.
Step by step procedure to obtain D2 visa of Portugal-:
Step 1 โ research and connect with the Portuguese business community.
Step 2 โ Formation / establish a branch office in Portugal.
Step 3 โ obtain all needful licence and permits.
Step 4 โ Open a business account of the company in any financial institute of Portugal.
Step 5 โ hire an accountant/manager for the operation of the business in Portuguese territory.
Step 6 โ start paying tax and social contribution employee/shareholder partner of the company.
Step 7 โ Transfer your business capital to a Portuguese company bank account at least 50% of the investment.
Step 8 โ Fill your application form for a D2 visa, which is available on the Portuguese consulate website of your residence country (duly completed and signed).
Step 9 โ Prepare your solid business plan and cover letter along with the mention documents.
Portuguese company Certificate along with MOU
Portuguese bank account statement with a capital
Submit your tax number and company tax number
Submit your social security and company social security number.
Submit your manager and accountant business/employment contracts
Submit your and your employeeโs social contribution receipts for the last three months
Submit your accommodation proof of Portugal
Step - 10 Besides documents from your home/residence country.
Your present business/employment proof of your residence/home country
Tax and income proof of your present country
Proof of your experience and education in the present and future business
Passport along with previous travel history data.
Your personal and business bank statements of your residence country
Your fixed deposit and investment assets detail information along with proof attached
Resolution from your current employer/ business partner decides to start a new branch or a new company in Portuguese territory.
Proof of legal residence of your resident country for the appropriate authority (long-stay visa and residence or work permit).
Flight reservation of air ticket
Travel medical insurance
Applicant present residency country Criminal record certificate issued by the competent authority.
Step 11 - May the Portuguese consulate ask for additional documents or call for an interview.
Step 12 - Portuguese consulate transfer your visa application to the competent authority SEF in Portugal for your D2 visa application's final decision will take nearly 2-3 months.
Step 13 โ final visa decision made by the SEF Portuguese immigration authority delivered to the consulate at your country different consulate will grant your application a visa or judgment.
Step 14 โ after the success of the D2 visa (validity of 120 days) under article 60, on landing in Portugal, you have to book an appointment with SEF for the biometrics further receive a residence card (valid for two years) under article 89.1.
Further details call to our experts.
Frequently asked questions about D-2 Visa application Download FAQ PDF.
How is eligible for a Portuguese D-2 visa
That visa is meant for the new business start-up, independent professionals, immigrant entrepreneurs, company owners, shareholder, partner, and board of directors. They can apply for a Portuguese D-2 Visa, a so-called residence long term visa.
What is the meaning of the Portuguese D-2 Visa?
This visa falls under the residence category, which it considers as a long-term visa for more than 90 days.
Where I can apply for a D-2 visa in Portugal.
Request to Portuguese consulate at your home / resident country
What is the minimum investment for a D-2 visa?
There is no prescribed investment amount by the Portuguese authorities for a D-2 visa, and it always depends on your plan/project in Portugal.
Can I apply along with my family?
No. D-2 Visa is primary for business owners or partner shareholders. A family application is considered under family re-unification, entirely a different visa category, which is possible only after the successful residency card of the D-2 visa holder.
Is it an obligation to open a company in Portugal for applying/obtaining a D-2 visa?
It is not obligatory if you have independent professional skills like IT specialisation, doctors, plumber, carpenter, technicians, or other freelancer credibility and certifications along with substantial experience in your independent activities may request without opening a company for D-2 visa.
How I open a company without a presence in Portugal
You can open a company in Portugal basis on legal power of attorney delegated to a Portuguese representative/lawyer/consultant or any physical person residing in Portugal. A power of attorney should be an attested ministry of a foreign affair or Portuguese consulate in your home country.
I am a Danish national; if I start a business/company in Portugal, can I invite my 40-year brother basis on a D-2 visa.
Yes, under partnership in your business/company subject to the company's active shareholder can request for business / professional visa for Portugal.
Do I need to invest in Portugal before submission the D-2 visa application to the Portuguese consulate?
No, it is not an obligation to invest in Portugal before obtaining a successful visa. Still, it is also essential to demonstrate your plan and budget of investment to the embassy.
How much time do I need to wait for obtaining a D-2 visa?
After requested a D-2 visa at the Portuguese consulate expected time 60-90 days. Still depend on the duration of time confirmation by the SEF (Foreigners and Borders Service)
How much is the duration of a D-2 visa?
The validity of the D-2 visa so-called long-term visa of 120 days. Further on landing, you should present your access at SEF (Foreigners and Borders Service) for biometric concerning obtaining a residence card under article 89.1, which is valid for two years.
What are the minimum requirements of capital has shown in my bank?
The minimum requirement for the maintenance (necessary living expenses) around โฌ 665 x 12 months apart from the investment budget.
If I am holding a D-2 visa, can I explore other legal work in Portugal?
Yes, you can do multiple legal works along with the present status in Portugal.
If I open a company in Portugal, can I call my employees from another country?
The employee category is entirely different from the d-2 visa. In this case, you need to take prior permission from a competent Portuguese authority.
How much tax do I need to pay after establishing a company in Portugal?
The tax obligations based on the company activities in general VAT in Portugal are between 4% and 23%. Also, corporate tax in Portugal paid yearly, i.e., between 20%-25%
How much social security obligation for the employees or manager, shareholder partner and board of director.
The social security obligation only for the active employee, manager, shareholder partner and board of director is 11% (from employee salary) and 23.75% (from the company contribution)
Can D-2 visa holder can work in other European / Schengen countries.
After obtaining a D-2 visa/residence card from Portugal, you have free business movement in the Schengen zone for up to 90 days. Under the single tax system.
What is the minimum stay requirement inside Portuguese territory after obtaining the D-2 /residency card of Portugal?
The person must stay inside Portugal for six consecutive months or un-sequential eight months. A person has to inform SEF before leaving Portuguese territory.
Can a person avail medical, education, benefits with the state government institutes?
Yes, if you are working / business in Portugal for more than 90 days, you will gain social benefits as a Portugal's legal resident.
Can I own a 100% share of the company without any other local representative / physical person?
Yes, you can own a 100% share of the company without any local representative or physical person in Portugal.
Can I become a partner of\ existing company/business in Portugal?
Yes, you can own a share of existing business and company in Portugal.
How much time consuming to open a company/branch office in Portugal?
After establishing appropriate documents, company formation, possible on the spot or online, will take one working day.
In case my D-2 visa refused by the consulate of Portugal, what I can do?
You have appeal/review rights on your application subject to the justification of refusal on your application.
