Bahrain and Portugal Enter Proactive Initiative to Support Startups Globally During COVID-19 Read More . StartUP Visa is a residence visa for non-EU-Schenghen entrepreneurs who, individually or with a maximum group of 5 people, intend to develop an innovative project and settle in Portugal to do so. We believe your knowledge and capacity for innovation is essential to boost the development of the Portuguese startup ecosystem. Moving to Portugal from the UK After Brexit. Temporary stay visas allow entry and stay in Portugal for less than a year. Upon arrival on Portugal, the applicant will need to file the residency authorization before Portuguese Immigration authorities. The hopes from the government are to increase local hiring, create a new means of tax revenue, and to continue to grow Portugal as the center of tech in Europe. 1. Now, the Portuguese government has launched a startup visa that specifically aimed at attracting tech talent from outside of the EU/EEA/Switzerland. It is a tool for matchmaking, networking and to further promote and nourish the startup scene in Portugal. You can apply for the StartUP Visa if: Your project/startup is focused on tech; The Startup Visa is specifically aimed at tech entrepreneurs and has much stricter requirements such as job creation and to reach a turnover of €325k within 5 years. Under this Programme, Portuguese government issues residence, visa to foreign entrepreneurs also helps to establish their business in Portugal. One reason is that the startup visa allows you to relocate 5 applicants (co-founders or co-workers) to Portugal whereas relocation on the D2 is mainly focused on family members. The Portugal Startup Visa program will fast-track entrepreneurs who wish to establish business innovation in Portugal. The D2 Visa is a general entrepreneur visa, and quite an attractive one at that. The Portuguese government has launched many incentive programs to attract foreign investments, innovative business projects & talents in the country & the StartUP visa program is one of the best schemes. Residency visas allow two entries and are valid for a period of 4 months. GrowIN Portugal Accredited as a StartUp Visa Certified Incubator Read More . There was an error while trying to send your request. Startup Visa is a residence visa for founders. Startup Visa (detailed) — Startup Portugal. Finally, there’s the possibility of matched funds such as those offered by 200m. O StartUP Visa é um programa de acolhimento de empreendedores estrangeiros que pretendam desenvolver um projeto de empreendedorismo e/ou inovação em Portugal, com vista à concessão de visto de residência ou autorização de residência para imigrantes empreendedores, o qual se rege por regulamento próprio (Despacho Normativo n.º4/2018). Startup Visa is a type of visa allowing entrepreneurs from non-EU/EEA countries to do business in Portugal, as well as to move or develop their existing startup in Portugal. Como já contamos acima, o StartUP Visa tem foco em grande em ideias inovadoras e no potencial de negócios e postos de trabalho interessantes para a economia portuguesa. Temporary stay visas are valid during the entire stay and allow for multiple entries. Portugalist will use the information you provide on this form to be in touch with you and to provide updates and marketing. If the Portuguese authorities validate the online application, the applicant may apply for the Startup Visa in the Portuguese Consulate or embassy. Applicants face strict and rigorous selection criteria before they get an authorisation for residency permit in Portugal. One reason is that the startup visa allows you to relocate 5 applicants (co-founders or co-workers) to Portugal whereas relocation on the D2 is mainly focused on family members. Submitted business plans are evaluated on multiple levels, including for their economic, social, scientific, technological, and cultural relevance. The Portugal StartUP Visa is a residence visa for non-EU-Schenghen entrepreneurs with a good idea who want to develop their idea further and settle in Portugal to do so. PORTUGAL. It’s a good question. Access the Startup Visa online platform here. Obviously, this is very appealing. You are an entrepreneur who intends to develop your startup in Portugal, even though you might not have started your business yet; You are an entrepreneur who has already launched a startup in your country and you want to set it up in Portugal; You did not have regular residence in the Schengen area in a recent past; You have enough funds in your bank account in a total amount of 5146.08€ for 12 months (per person); Your startup shows potential to the creation of jobs, besides the entrepreneurs you include initially, along with yourself, in your application; Your startup shows the potential to generate a turnover of 325,000€/ year and/or assets value over 325,000€/ year, within 5 years after the start of the contract with your chosen incubator; You have the capacity to establish a company, when applicable, during the undergoing of the program; Once you select one of the certified incubators to physically incubate your startup within the Startup Visa program your application is complete and you are ready to go! Apply for a Start-up visa if you've been endorsed for a business idea: eligibility, documents, switch to this visa, bring your family Another smaller reason is that you can apply for this visa in Portugal, whereas you normally have to apply for visas in your country of residency. Startup Visa — Startup Portugal “ Are you an entrepreneur who intends to develop your startup in Portugal, even though you might not have started your business yet? Startup visas and tech visas can be applied online. Italy: There are documents to be sent directly to the Italian Ministry of Economic Development’s Committee to receive the 1-year Italia Startup Visa. Are you from outside the European Economic Area & Switzerland? Have you already launched a startup in your country but want to set it up in Portugal? From Erasmus Student to Portuguese Language Teacher – How Liz Sharma Fell in Love with Portugal, How to get Portuguese Citizenship (+ Passport) Through Naturalisation, Amazon Spain is now available in Portuguese. Startup Visa. The Portugal StartUp Visa program aims to strengthen the innovation ecosystem and to affirm Portugal as an open country to entrepreneurship and to all those who, with their knowledge and capacity for innovation, can bring investment to the Portuguese economy, capable of strengthen and enhance national skilled human resources. The application is submitted in Portuguese or in English language, through an online form, available in the online platform of the program. The D2 Visa, also known as the Immigrant Entrepreneur Visa for Portugal, is a type of visa for those outside the EU and Schengen Area who would like to open an investing activity in Portugal. If your application is accepted, you will get approved by the incubator and get a notification on the portal informing you about it. There’s also no requirement to create jobs. The Portuguese government has launched many incentive programs to attract foreign investments, innovative business projects & talents in the country & the StartUP visa program is one of the best schemes. Olá! Os três são coisas diferentes. The residence permit should be issued and activated on the spot; Step 8. News. Show the possibility of having a turnover of €325k within 5 years of entering the startup incubator. Portugal Tech Visa Background Tech Visa is a certification program for companies in the areas of technology and innovation for hiring foreigners to the European Union to grant visas by the Consulates and authorization of residence by the SEF, provided for in the Aliens Act. As an entrepreneur, you can obtain your Portugal Startup Visa if your company qualifies for it. PORTUGAL STARTUP VISA StartUP Visa is a residence visa for non-EU-Schenghen startup founders who want to be part of one of the fastest developing startup communities in Europe. Find Portugalist on Facebook | Twitter | Instagram, You have successfully subscribed to the newsletter. Startup Visa Programme is designed for: […] As well as the benefits mentioned above, this visa – like most Portuguese residency visas – offers applicants the chance to become permanent residents and apply for Portuguese citizenship after just 5 years. The Startup Visa initiative is a program to welcome foreign entrepreneurs who wish to develop an entrepreneurship and / or innovation project in Portugal, with the ambition of granting residence visas or residence permits for entrepreneurial immigrants. A criação do novo StartUP Visa Portugal não altera a existência do visto de empreendedor (Visto D2) e do Golden Visa. STARTUP VISA PORTUGAL. 7 min read . At first glance, it appears the startup visa is much more stringent, so why choose this over the D2? Startup Visa Program For those who want to invest on a new business or expand into Portugal, in order to obtain a Residency Permit. The Startup Visa isn’t the only way you can launch a startup in Portugal (or bring an existing startup to Portugal). Within approximately 90 days of the landing visa’s issuance (i.e. Announced in October 2016 and implemented since March 2017, the StartUp Visa focuses on entrepreneurs from outside the European Union, both … while the landing visa is valid), the client will travel to Bragança, Portugal to meet with local SEF authorities to complete the residence permit application’s procedures. The startup visa is aimed at tech entrepreneurs who want to launch a tech-based startup in Portugal or open a branch of an existing startup here. Startup Visa: Apply for the Startup selection process through IAPMEI and create or transfer the business to Portugal. It isn’t as well-known as the D7 or the Golden Visa, and this is probably due to the fact that the D2 is a little bit more complicated than the other two visas. Note: As well as the D2 and the startup visa, there’s also the tech visa which is a different thing again. StartUP Visa is a residence visa for non-EU-Schenghen startup founders. Full Transparency: Portugalist may earn a commission from mentioned products or services. StartUP Visa is a residence visa for entrepreneurs, which aims to attract to Portugal investment, talent and innovation capacity. Another smaller reason is that you can apply for this visa in Portugal, whereas you normally have to apply for visas in your country of residency. If your startup is focused on tech and you can prove a prospective turnover of more than €325,000, then you could be eligible for the visa. Startup Hub allows you to identify and geolocate startups and incubators, benchmark public and private initiatives promoting entrepreneurship, and have a thorough insight of the Portuguese startup scene. The big news since we last looked at European start visa trends is that Portugal’s Tech Visa – part of the StartUP Portugal program – took effect 1 January 2019.. StartUP Visa is a residence visa for non-EU-Schenghen startup founderswho want to be part of one of the fastest developing startup communities in Europe. startup visa certified incubators InCubo The Association for Technology Incubation Center of Minho was created on March 1, 2007, establishing itself as an association of private, nonprofit, headquartered in the municipality of Arcos de Valdevez. Golden Visa: Make the investment, at least € 350,000, in operating companies in Portugal. This is at no additional cost to you and it does not affect our editorial standards in any way. Portugal Startup Visa. Portugalist.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners to earn advertising fees by advertising and linking to Amazon (.es, .co.uk, .de etc) and any other website that may be affiliated with Amazon Service LLC. The program is executed by IAPMEI and involves the National Network of Incubators throughout the whole territory which ensures that your business will be set up next to a community of entrepreneurs already hacking in the ecosystem and acquainted with all the idiosyncrasies of the Portuguese and European markets. There’s also the D2 or “entrepreneur visa.”. A motivation letter demonstrating your interest on developing an entrepreneurial and/or innovative project in Portugal; Documents necessary for the eligibility process; Identification and slide deck of the entrepreneurial project; Summed up: The evaluation of your application is based on the degree of innovation, the scalability of the business, the market potential,the capacity of the management team and the potential for creating jobs. What is the StartUp Visa Portugal? It aims to attract investment, talent and innovation into Portugal. Please try again. Over the past few years, Portugal has become an increasingly more interesting place for startup entrepreneurs due to its low to medium cost of living, it’s good weather and other lifestyle benefits, and the growth of its tech scene, which is partially thanks to the popularity of the WebSummit conference. Portugalist covers everything from things to do, eat, and drink to places to stay and advice on moving here and making Portugal your permanent home. 9. World Trust Corporate Services will manage all this process, guaranteeing that all the stages are correctly performed, so that your project will be fastly elegible. These centres allow you to set up a new business, or the branch of a foreign company, in under an hour. The incubator of your preference gets a notice of your application and revises it. It allows you to come to Portugal and start a business in any industry – including tech – and there’s no minimum investment requirement (although it’s recommended that you do invest at least €5k). The client and the incubator meet for strategic planning, incorporation in Portugal, and to meet the public … Portugal’s government has been at the forefront of attracting immigration through investment.They have worked hard to make it easy to do business with initiatives like “On the Spot Firm” centres. The D2 or “entrepreneur visa” is aimed at those from outside of the EU/EEA/Switzerland that want to start a business or startup in Portugal. The project has to be innovative and disruptive. Posted by GrowIN Portugal. Have the means to support yourself (basically this means having savings that equate to 1-2 years of the Portuguese minimum wage, depending on the visa length, which would be roughly €8k per year). Are Cryptocurrencies (like Bitcoin) Tax Free in Portugal? D2 Visa: Create a business plan and develop your company according to the guidelines of this document in Portugal. who want to be part of one of the fastest developing startup communities in Europe. September 15, 2020. 16 Jun, 2020. Entrepreneurs are eligible for the startup visa in Portugal if they wish to start a company or they have already registered their business in a non-EU/EEA country.An important condition is that the applicant has funds (in a bank account) that amount to at least 5147€ for one year (per person). You can apply through two ways for the visa: a direct startup visa application, or a visa application through a licensed incubator. Tech Visa; D7 Passive Income Visa; All these visas are issued for 1–2 years with subsequent extensions. Welcome to Portugalist, your guidebook to Portugal. Announced in October 2016 and implemented since March 2017, the StartUp Visa focuses on entrepreneurs from outside the European Union, both those already owning or simply considering launching a startup, but aiming to set it up and grow it in Portugal. For more detailed information about the Startup Visa, check the IAPMEI website here. StartUP Portugal; Guias e Manuais de Apoio; StartUP Visa; Tech Visa; StartUP Voucher 2019-2022; StartUP Voucher 2016; StartUP Voucher 2018; Candidaturas; Tipologias de apoio; Testemunhos; Guias e …

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