Portugal
Processing Time
Artistic Production
Venture Capital
12 Months
€250,000
€500,000
income or Source of Income
- Agreement of income if Rent or Agricultural income
- Evidence of income (owner of Land, Agriculture land or Any other source)
- Receipt of Payment confirming source of income.
- If landlord, then Documents of property and Lease/Rent Agreements etc.
- €8500 should be in applicant’s account before application submitted for Visa
- Highly advisable to deposit in Portugal Bank account (as applicant’s Bank Account will be open Prior to submission of Visa Application) Applicant will have online access (Online Banking). Can draw any time if visa application refused etc.
- Bank Letter
- Maintenance Funds €8500 euro. Bank Letter of available funds (from Pakistan or can transfer to Portugal Bank)
- If fixed deposit, then letter from Bank that interest is being paid on the deposited amount.
Types
Fee
income
Self-sufficient
Entrepreneur Visa
€15000 included €500
€1000E / Month
Visa And PR Process
- Apply for Visa to Embassy with appropriate fee in Pakistan
- 4 months’ visa will be issued by Embassy which is for 2 entries.
- Client will arrive to Portugal
- Appointment will be arranged with Home office together with Lawyer for Resident Visa application
- Applicant will attend Home office (Visa Office) with Lawyer and get residence permit for 2 years.
- Minimum Time to Spend 6 months (out of 12 months) in Portugal.
- After 2 years Applicant can get visa Extension for 3 years.
- After 5 years of completion Applicant can apply for Permanent residence and then Nationality.
Without Investment
The Portugal residency without investment program offers a visa option without requiring financial investment. Instead, applicants are required to demonstrate sufficient recurring income or savings. There are two main programs, the Portugal D7 and D2 programs, each with rules and requirements.
Without investment, the D7 Portugal residency program is solely based on independent criteria, providing a pathway for residency. On the other hand, the D2 Portugal residency program without investment is an entrepreneurial visa that requires a substantial investment to be eligible for citizenship.
Please continue reading for more detailed information on the D2 and D7 Portugal visa programs.
Protugal D2
The Portugal D2 program often called the fixed residency visa, is specifically tailored for entrepreneurs aspiring to invest in business ventures or individuals with innovative startup ideas. Freelancers offering services relevant to Portugal can also apply for the D2 Visa. This unique visa grants individuals the same rights as residents, providing the opportunity to live and travel freely within Portugal. Unlike other investment visas, there is no set amount for D2 investments. Applicants are primarily required to showcase financial capability and adequate housing arrangements.
It enables them to establish and operate their businesses seamlessly. Saad Ahsan Law Firm is a reliable partner for individuals and entrepreneurs aiming to embark on this transformative journey. Our team of experienced professionals is dedicated to providing comprehensive support, ensuring a smooth application process and successful outcomes.
Portugal D2 Visa
Benefits
- > Opportunity to establish your business independently
- > Favourable conditions for doing business
- > Visa-free travel to the Schengen zone
- > Possibility to bring your family to Portugal
- > Eligibility for permanent citizenship after 5 years
- > Access to excellent education and healthcare
Eligibility Criteria for D2
- > Declaration of Investment
- > Company establishment
- > Business plan
- > Personal financial resources
- > Sufficient funds to support yourself in Portugal for a year
- > Age of 18 years or older
- > Health insurance coverage
- > Proof of rented or owned housing in Portugal
- > Financial capacity
- > Health insurance
- > Contract or proposal
Protugal D7
Eligibility Criteria for D7
- > Non-EU citizens
- > Applicants who can provide a police clearance certificate
- > Main applicants who are over 18 years old
- > Parents who are financially dependent on the investor
- > Children aged 18 to 21
- > Hold a bank account.
- > Secure long-term accommodation through renting, buying, or borrowing
- > Submit a visa application at the Portuguese consulate
- > Possess a healthcare insurance policy
Portugal D7 Visa
Benefits
- > Visa-free travel throughout the Schengen zone
- > Freedom to reside in Portugal
- > Opportunities to work or establish a business
- > Little to no income tax for 10 years
- > Access to excellent healthcare, education, and social security services
