Portugal D2 Entrepreneur Visa 2025

A guide to Portugal D2 visa program opening doors for global entrepreneurs to build invest and thrive in the European Union

Program Quick Facts

Investment Amount

€0

Fees and Expenses

From €1,146

Income Requirement

€10,440/year

Residency (Visa) Length

2 years

Time to Obtain

4-7 months

Complexity

Simple

The Portugal D2 Entrepreneur Visa offers a structured pathway to temporary residency for non-EU entrepreneurs, investors, and business owners seeking to establish or expand a business in Portugal.

This visa does not require an investment amount, but applicants must demonstrate sufficient financial means, including an annual income of at least €10,440 held in a Portuguese bank account.

Applicants must reside in Portugal for a minimum of six consecutive months or eight non-consecutive months per year to maintain residency status. After five years, they become eligible for permanent residency, and after ten years, they may apply for Portuguese citizenship.

The total processing time for residency approval is approximately 3-4 months, though this varies depending on the consular workload and SEF appointment availability. The application process is not fully remote and requires multiple steps before and after arrival in Portugal, including an in-person visit to the immigration office.

This visa allows dependents to be included in the application. It is best suited for entrepreneurs and investors seeking to establish long-term business operations within Portugal and the EU.

Who can apply for Portugal D2 visa?

Eligibility and requirements for the main applicant and family members.

Main Applicant Requirements

  • Must show at least €10,440 in personal savings (equivalent to Portugal’s annual minimum wage) in a Portuguese bank account.
  • Must register a new business, expand an existing one, or invest in a Portuguese company.
  • Business must be registered in Portugal with a valid NIPC (tax ID for companies).
  • Must provide a detailed business plan demonstrating economic viability, investment amount, and job creation potential.
  • Must obtain a Portuguese NIF (Número de Identificação Fiscal) before applying.
  • Must have private health insurance covering Portugal until eligible for public healthcare (starting at €400 per year per person).
  • Must provide proof of accommodation, such as a rental contract, hotel reservation, or property ownership.
  • Must submit a completed official D2 Visa application form.
  • Passport must be valid for at least 6 months beyond the intended stay.
  • Must provide a clean criminal record certificate from the home country, translated, notarized, and apostilled if issued outside Portugal.
  • Upon arrival in Portugal, must attend a SEF (Immigration Office) appointment to apply for a 2-year residence permit.

Program Options, Fees and Requirements

Option 1: Portugal D2 Entrepreneur Visa

A long-term residency visa designed for non-EU entrepreneurs, business owners, and investors who want to establish or expand a business in Portugal. It provides a pathway to temporary residency, with the possibility of permanent residency and citizenship after five years.

Requirements:

Proof of Economic Means

Proof of financial means equivalent to €10,440 annually for the main applicant (Portuguese minimum wage), €5,220 for a spouse (50%), and €3,120 for each dependent (30%).

Amount: 10,440

Health Insurance

Private health insurance for the main applicant and dependents, starting at €400 per person annually.

Amount: 400

Accommodation

Proof of housing arrangements in Portugal, such as a rental contract, hotel reservation, or property ownership.

Amount: 0

Business Registration

Cost of registering a business in Portugal, including legal and administrative fees, starting at €500.

Amount: 500

Business Plan

A detailed business plan demonstrating the viability and economic contribution of the business.

Amount: 0

Portuguese NIF (Tax ID)

Obtaining a Portuguese tax identification number (NIF).

Amount: 20

Fees:

Visa Application Fee

Standard application fee for the Portugal D2 Entrepreneur Visa.

Amount: €90

Residence Permit Fee

Fee for issuing the residence permit, €156 per person.

Amount: €156

Legal Services

Legal fees for assistance with the application process, starting at €2,000 for the main applicant and €1,000 per dependent.

Amount: €2,000

Bank Account Setup

Fees for opening a Portuguese bank account, starting at €50.

Amount: €50

Translation and Notarization

Costs for translating and notarizing required documents, starting at €100.

Amount: €100

A long-term residency visa designed for non-EU entrepreneurs, business owners, and investors who want to establish or expand a business in Portugal. It provides a pathway to temporary residency, with the possibility of permanent residency and citizenship after five years.

Main Applicant
Spouse
(additional)
Child
(additional)
Requirements
Proof of Economic Means*
10,440 (not included in total)5,220 (not included in total)3,120 (not included in total)
Fees and Expenses
Visa Application Fee
90
90
90
Residence Permit Fee
156
156
156
Legal Services
2,000
1,000
1,000
Total Cost
3,316
for main applicant
4,562
for married couple
5,808
for family of 3
* Items marked with an asterisk are not included in the total cost calculation

Benefits & Restrictions

Benefits

Restrictions and Drawbacks

High Quality of Life

Portugal offers a warm climate, a low cost of living compared to other Western European countries, and a strong focus on work-life balance. Expats benefit from excellent healthcare, safety, and a welcoming environment for families and entrepreneurs.

Not Available to EU Citizens

EU, EEA, and Swiss citizens do not need this visa to reside or start a business in Portugal. They can move freely under EU freedom of movement laws and must instead register as residents after 90 days of stay.

EU Schengen Access

D2 Visa holders gain visa-free travel across the Schengen Zone, allowing movement within 26 European countries for up to 90 days in any 180-day period. This benefit is particularly valuable for business owners and investors looking to expand their networks across Europe.

Requires Physical Presence for Application

The D2 Visa process cannot be completed remotely. Applicants must visit a Portuguese consulate to submit their visa application and attend an in-person SEF (Immigration Office) appointment in Portugal to finalize their residence permit.

Path to Permanent Residency

The visa provides a clear pathway to permanent residency after five years of legal residence, provided the applicant meets the required stay duration. After ten years, holders may qualify for Portuguese citizenship, granting full EU rights.

Minimal Residency Requirement

To maintain residency, applicants must spend at least six consecutive months or eight non-consecutive months per year in Portugal. This flexible residency requirement allows entrepreneurs to manage their business while traveling when needed.

Tax Incentives for Residents

Portugal offers significant tax benefits under the Non-Habitual Resident (NHR) regime, which provides a flat 20% income tax on eligible Portuguese-sourced income and potential exemptions on foreign-sourced income for up to 10 years.

D2 visa vs other programs in Portugal

CriteriaD2 - Entrepreneur VisaD1 - Highly Skilled Worker Visa>Golden Visa>D7 - Passive Income Visa>D8 - Digital Nomad Visa>
Investment Amount€0€0€500,000€0€0
Residency TypeTemporary ResidencyTemporary ResidencyPermanent ResidencyTemporary ResidencyTemporary Residency
Application Fees€1,146€1,650€34,000€2,500€320
Annual Income Requirement€10,440€10,440€0€9,800€41,760
Annual Presence Requirement183 days183 days7 days183 daysNaN days
Key Perks
EU Schengen AccessSimple Setup
EU Schengen AccessSimple Setup
EU Schengen AccessInstant Permanent ResidencyNo Presence Required
Simple SetupEU Schengen AccessLow Cost Program
Simple SetupEU Schengen Access
Ideal For
EntrepreneursInvestorsDigital Nomads
Digital Nomads
Investors
Person of independent means
Digital NomadsPerson of independent means

How to apply for D2 visa - Timeline

14-30 days

Business Setup & Financial Preparation

Register a new business in Portugal or invest in an existing one. Obtain a Portuguese NIF (Tax ID), open a bank account, and deposit the required financial proof (€10,440). Prepare the business plan, rental contract, and supporting documents needed for the visa application.

60-120 days

Visa Application Submission & Processing

Submit the D2 Visa application at a Portuguese consulate or embassy in your country of residence. Processing times vary depending on consulate workload and nationality. Upon approval, a 4-month visa is issued, allowing the applicant to enter Portugal and complete the residency permit process.

Within 120 days

Travel to Portugal & SEF Appointment Booking

The applicant must enter Portugal before the 4-month visa expires. After arrival, they must schedule an SEF (Serviço de Estrangeiros e Fronteiras) appointment to submit biometric data and complete the residence permit application. Appointment availability varies by location, affecting waiting times.

30-90 days

SEF Appointment & Biometric Submission

Attend the in-person SEF appointment to provide biometric data (fingerprints, photograph, and signature). Additional supporting documents may be requested. The processing time for residency approval depends on SEF workload and appointment availability.

14-30 days

Residence Permit Issuance

After approval, the initial residence permit is issued within 2 to 4 weeks. The permit is valid for 2 years, during which the applicant must meet the minimum stay requirements to maintain residency status.

118-270 days

Total Estimated Processing Time

The full process, from business setup to residence permit issuance, takes approximately 4 to 9 months, depending on consulate processing times and SEF appointment availability.

Portugal Taxation at a glance

Key Information

Taxation Type: Residence based

Special Regime: Non-Habitual Residence

Normal Tax Residency: 183 days

Special Residency: Permanent home

Income Tax Rate: 48

Dividend Tax
Yes
28 - Dividends and interest are liable to taxation at a flat rate of 28%. However, the taxpayer may opt to be liable to tax on dividends and interest received at the marginal rates varying between 13.25% and 48%, plus the solidarity tax rate, if applicable (in 2024).
Capital Gains Tax
Yes
28 - Capital gains in Portugal are subject to 28% tax.
Property Rental Income Tax
Yes
28 - For non residents the property rental income is taxed at 28% while for residents it's taxed as ordinary income up to 48%
Property Tax
Yes
Inheritance Tax
Yes
Wealth Tax
Yes
CFC Laws
Yes

Frequently Asked Questions

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