Portugal Entrepreneur Visa
At a glance
Portugal's D2 residence visa may fit you if you plan to invest in and run a business there. There is no single minimum investment or required number of jobs for this ordinary entrepreneur route. You need a realistic business plan and enough funding to carry it out.
- Business proposal
- A credible plan for customers, operations, finances, and any required licenses
- Investment amount
- No single minimum; available funds must credibly cover the proposed business
- Application order
- Residence visa first, followed by the AIMA residence permit after entry
Summary
Portugal's ordinary entrepreneur route lets eligible founders move there to establish and run a concrete business backed by sufficient funding. The plan should explain customers, operations, timing and finances, backed by investment or financing evidence and any required licensing. Incorporating a company does not establish viability.
The normal D2 process starts at the responsible Portuguese consulate, followed by the residence-permit application after entry. It differs from both the Golden Visa's specified investments and Startup Visa's certified-incubator assessment. The former visa-waived in-country mechanism is closed to new cases.
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Prepare the business case Explain the real activity, funding, investment plan, and any required licenses.
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Apply for the residence visa Submit the business and personal-support evidence to the responsible consulate.
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Complete the AIMA permit process After entry, apply for the residence permit and retain evidence of ongoing activity for renewal.
There is no single investment amount that guarantees approval. Forming a company is only part of the evidence for a viable, funded business.
Eligibility
An entrepreneur should be ready to provide:
- a clear business plan explaining the product or service, customers, operations, timetable, and realistic financial assumptions;
- a declaration identifying the nature, value, and duration of the investment already made or intended;
- proof that investment funds are available in Portugal, or reliable evidence of financing;
- documents for any Portuguese company already formed, or a practical incorporation and licensing plan;
- evidence of relevant experience and any license or professional recognition required for a regulated activity; and
- the general residence-visa evidence, including identity, criminal record, housing, health coverage, and enough money to support yourself.
There is no official promise that a particular deposit will be enough. The appropriate capital depends on what the business actually needs. Company formation alone is not proof that the project is viable or funded.
More about this route
The usual process is a residence-visa application at the Portuguese consulate responsible for the applicant's legal residence, followed by entry and an AIMA residence-permit application. A temporary permit is normally valid for two years and renewable for three-year periods.
What This Route Allows
The holder may reside in Portugal and carry on the approved entrepreneurial or independent activity. The business must also comply with ordinary company, tax, employment, licensing, and social-security rules; the immigration approval does not replace those obligations.
Family reunification is available, but the current general rule normally requires the sponsor to have held a residence permit for two years. The waiting period is 15 months for a spouse or partner who lived with the sponsor for at least 18 months immediately before the sponsor entered Portugal, and it does not apply to specified cases including minor or dependent children and a spouse or partner who is also the parent or adopter of the sponsor's minor child. AIMA must assess the particular family case.
Qualifying legal residence may count toward later long-term status or nationality under the law then in force. Short Schengen travel is allowed; the Portuguese permit does not authorize establishment or work throughout Europe.
What This Route Is Not
The D2 is not the Golden Visa: it does not require a listed investment threshold and does not offer the Golden Visa's reduced physical-stay model. It is also different from Startup Visa, which requires acceptance into the certified-incubator program.
It is not a passive investment, a guaranteed approval based on forming a company, or a way to regularize ordinary unlawful stay. The visa-exempt in-country application mechanism formerly used for independent work was revoked for new cases in June 2024.
Next Steps
- Decide whether the activity is genuinely entrepreneurial or is better documented as independent professional services.
- Check licenses, professional recognition, premises, and company requirements before committing funds.
- Prepare a conservative plan and a traceable funding record; clearly separate business capital from personal support funds.
- Confirm the current checklist and appointment procedure with the responsible Portuguese consulate.
- Apply for the residence visa, then complete the AIMA permit process after entry.
- Keep evidence that the business is active—contracts, invoices, accounts, tax filings, and social-security records—for renewal.
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Sources
- Portuguese Government: residence visa for independent professionals and entrepreneurs
- AIMA: independent-activity residence permit with a residence visa (Article 89(1))
- AIMA: general temporary-residence requirements
- AIMA: family reunification with family outside Portugal
- Diário da República: consolidated Foreigners Act