Startup Visa

STARTUP VISA PORTUGAL:
The Portuguese government has launched many incentive programs to attract foreign investments, innovative business projects & talents in the country, & the StartUP visa program. Under this Programme, the Portuguese government issues residence, visa to foreign entrepreneurs and establishes their business in Portugal.
This Program regulated by the Ministry of Economy and Internal Affairs of Portugal. For a startup visa scheme, an investor should have a stable financial condition & an effective business plan. An entrepreneur who has already business outside Portugal and wishes to establish a business in Portugal but doesn’t have a business outside; in this case, an investor should have a healthy business plan and generate jobs in Portugal and turns over should not less than 325,000€.
Application Process:
StartUP Visa application process started on the 15th March 2018, and it has no deadline to receive the applications. It can access to IAPMEI website (https://www.iapmei.pt/ ) and apply it through the online portal.
Therefore, the application’s final decision will take a maximum period of 30 working days from its submission and make it available on the electronic portal within three working days after the decision.

Documents required for the StartUP Visa application:
- Motivation letter to show the interest in developing an entrepreneurial and innovative project.
- Curriculum vitae.
- The entrepreneur can attach a project presentation file.
- Copy of the passport.
- In case the applicant already has a tax and social security number in Portugal, they need to attach these documents with the application.
- Police Clearance Certificate
- Bank statement with financial means of € 5,146.80,80, and the possibility of transferring these funds to a bank operating in Portugal
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