However, this does not apply to corporate tax. benefits and requirements Contents What is a Portugal D2 Visa? This includes your partner, children under 18, dependent children over 18 who are studying, parents, your partner's parents, and minor siblings. The Portuguese government will allow you to bring all those who depend on you, as you as you prove means of provide for them here in Portugal. Another option is toestablish anew company inthecountry and provide adetailed business plan describing theprospects forits development. Even if the only available dates exceed your visa duration, as long as you have secured an appointment, your legal status in Portugal remains intact beyond the four-month visa period. Official D2 Visa form. I wanna apply the D2 for Portugal. If your services are delivered remotely to clients outside Portugal, the D7 Passive Income Visa or the Digital Nomad Visa could also be viable options. We use cookies to ensure that we give you the best experience on our website. Building a strong business plan and gathering all the necessary documentation to support your application is crucial. The D2 allows them to open any kind of business in Portugal or to open an arm of an existing business, which may be an easy route for those with established businesses. From getting permanent residence to tax incentives, family reunification grants all the same rights to your family. Spouses and children under18 participate intheinvestment program without restrictions. Immigration to Portugal, a developed European country with a high level of safety, is one of the key aims of foreigners applying for a D2 Visa. The plan should clearly show how your business will not only thrive but contribute to the growth of the Portuguese economy. The D2 Visa offers the chance to establish and run a business in Portugal, a country with a stable economy and a high standard of living. You are required to provide evidence of having established a company operating within Portuguese territory or possessing sufficient financial resources in Portugal and submit documents that demonstrate your capability to establish a company in the country. Not only does it offer a straightforward pathway to Portuguese and EU citizenship, but it also provides several tax benefits under the NHR regime. I recommend contacting an immigration lawyer to help you out. Simply apply online, and well connect you with a Portuguese bank account. Aforeigner confirms housing availability inPortugal throughalease or sale agreement toobtain aresidence permit. I hope youll help me in D2 visa. ThePortugal D2 visa processing time is up to60 days. For yourself as the main applicant, you must have 100% of the minimum salary which is 8,460 per year. Some of the requirements for independent service providers include: In the past, many independent service providers were able to apply for the D7 instead and were advised by their lawyers to do so. This process takes place in your country of residence. So if you have plans to open a shop, cafe, or modelling agency, or work as an independent contractor, this could be your ticket to a great new life in Portugal. But we can take some of the hassle. Finally, to strengthen your application, you should explain why you have chosen Portugal as the location for your business. Interested in getting a D2 Visa? You will also need to pay the social security tax (TSU) for your employees when you pay their salary. In case you already own a company in Portugal and now you are interested in living in Portugal and making Portugal your primary residence, you can do so. So, there you have it. The Portugal D2 Visa: A Residency Visa for Entrepreneurs With our expertise and personalized approach, we can ensure a stress-free experience from start to finish. To be eligible for the D2 Visa, you must show proof of having established a company operating within Portuguese territory or that you have the financial means to set up a business in Portugal. Opening a bank account in Portugal is necessary to manage your financial affairs while residing in the country. The second stage occurs in Portugal, specifically with the immigration authorities, known as SEF. At first glance the process of obtaining a Portugal D2 Visa can seem overwhelming, but with the right guidance, it can be a smooth and simple experience. Bring your family: D2 Visa Portugal | D2 Visa Requirements - Pelican Migration If you are an entrepreneur, freelancer, or independent service provider from outside the EU/EEA/Switzerland looking to reside in Portugal, you might be eligible for a Portugal D2 Visa. ThePortugal D7 Visa requires passive income and real estate tolive inPortugal. Small businesses famously have a very low success rate: according to one study, 49.7% of small businesses fail within five years[1]https://www.lendingtree.com/business/small/failure-rate/ jQuery('#footnote_plugin_tooltip_18632_1_1').tooltip({ tip: '#footnote_plugin_tooltip_text_18632_1_1', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top center', relative: true, offset: [-7, 0], });. The D2 visa offers fantastic benefits, which is why many people apply for it. Portugal D2 Visa: a Detailed Guide IMMIGRANT INVEST To be eligible for NHR status, you need to be a tax resident in Portugal. This is perfect for entrepreneurs who want to travel through Europe to network and build corporate connections. Theres no need, for example, to register a company or to get an accountant, although getting an accountant is always recommended in Portugal. Sometimes the guide is automatically placed into the spam folder instead of your inbox. The share capital represents the initial minimum investment amount required to ensure the functioning of the company, even in situations where it may not be generating profits. Temporary stay visas allow entry and stay in Portugal for less than a year. Cloudflare Ray ID: 7d1a93bc0b35efa8 Portugal Residential Visa D2 - Imigrata Your IP: Moving to Portugal signified maximizing your crypto gains with 0 percent taxation. And, its not: as part of your application, youll be required to submit a business plan or a work services contract and your approval will be based on whether its likely your business will succeed. Forexample, acivil union, "pareja de hecho", is registered inSpain. - Employment contract Sorry, you have Javascript Disabled! Business visa or Passive Income visa? Choosing D2 or D7 visa to Portugal Access to an ecosystem of startups and competitive companies; Highly qualified employees (for an affordable cost); Long waiting time until you get your residency (and become 100% legal). Still, you will pay the same income tax as ordinary tax residents for other types of domestic income. You can circulate freely without a visa. Lal Muhammad. NHR status, valid for ten years, offers benefits like a tax exemption on almost all foreign source income and a 20 percent flat rate for certain Portuguese source incomes (from specific professions and self-employment). Please fill out the form, including your email address, to get the guide. Try being a bit different and think outside the box in order to guarantee your success and be able to convince the government that you should really get the D2 Visa. Visa D2 Portugal: The ultimate guide for the Immigrant Entrepreneur Visa Property prices inPortugal: how tobuy or rent housing as aforeigner, Portugal D2 Visa: how toopen acompany and get aresidence permit forentrepreneurs. Is there documents should I bring to the SEF appointment besides visa and passport? Unlike the startup visa, there are no limitations on the type of business: you could launch something in the hospitality or tech sector, for example. Thank you so much Lara for this article , it s so clear qnd really helpfull.. Hi Laura, I got my D2 visa and waiting for my SEF appointment which is already booked. 2. Good Day! Therefore, for a couple with one child, you would need around 15,300 a year to be eligible for the D2 visa. Instead, you must get a NIF, open a bank account in Portugal, provide proof of relevant experience or qualifications, and demonstrate that you have a contract with one or more clients. Tax Benefits through Non-Habitual Tax Regime: Corporate & Social Security Tax in Portugal, Portugal D2 Visa - Application Process Guide, At first glance the process of obtaining a. jobs available for foreigners in Portugal. Visa-Free Travel: It is required foropening abank account. But in our point of view, the D2 Visa is one of the best ways to get yourself in Portugal and pursue your dream. Lawyers specialized in Immigration Law. TheD2 visa leads toaresidence permit inPortugal. Therefore, for a 2,000 monthly salary, your company will pay 475 a month for social security, while the employee will pay 220. Ease ofstarting abusiness. Save my name, email, and website in this browser for the next time I comment. Portugal D2 Visa: Portugal's Entrepreneur Visa The guide is sent to you by email within 5 minutes after submitting the completed form. This means that we have passed the strict Due Diligence checks carried out by the governments involved and received licenses from the governments of countries offering investment programs. Information technology, IT is one ofthemost popular industries among investors. What are the benefits of the Portugal D2 visa? 5. It allows you topay income tax inPortugal ataflat rate of20%. Companies enjoy benefits if they operate inthefree economic zone inMadeira. Submitting the application online via the. The Portugal D2 Visa is segmented into two distinct categories, each catering to different types of entrepreneurs. About Us The Law Firm The Partners Areas of Practice Sports Law Immigration Law Portugal Golden Visa - Residency By Investment D2 Visa D7 Visa Portuguese Citizenship Application REAL ESTATE LAW Corporate Law TAX LAW Labor Law FAMILY LAW 22 Jul D2 visa or Immigrant Entrepreneur visa for Portugal is becoming famous day by day in non-EU countries. Can I get to the USA or the EU with a third-country passport? An entrepreneur's spouse, children and parents can obtain Portugal temporary residence permits based onfamily reunification. Tomaintain residency, theentrepreneur must spend 6 months continuously duringtheyear, or 8 months intotal inPortugal. This means you have to find the Portuguese embassy or consulate in your country, make an appointment and then make your case. Thats enough in order for you to be considered a legal citizen in Portugal. Receive the latest news, travel information, stories, offers and more! Preparing a Business Plan Visa-free EU travel: As a Portuguese resident, you can travel visa-free to 26 other EU countries for business or pleasure. The following courses all cover A2-level Portuguese: Read a full list of courses that cover A2 European Portuguese. The whole process of obtaining Portugal citizenship after acquiring a residence permit by investment, a D7 or D2 visa, takes about 6 years and either a minimum initial contribution of 250,000 or 8,460 of minimum annual permanent income for the main applicant. Foreigners also invest inthemanufacturing sector. It has improved massively in the last decade, making the 13th spot for the best healthcare in Europe in 2018 under the Euro Health Consumer Index.
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