Portugal is a prominent member of the European Union. A semi-presidential republic, Portugal has a long and illustrious history of trade and commerce across the world. The wholesale, retail and food services are the key business sectors in Portugal. More than 76% of its trade happens with other EU member states. Portugal offers an excellent opportunity for those desire a European way of life and supportive infrastructure to thrive and flourish. Being a Mediterranean nation, Portugal climate is moderate and pleasant throughout the year. The friendly and amicable nature of Portuguese people resonates with their long-standing heritage and rich culture.
Portugal is often referred to as the most upcoming manufacturing hub of European Union. Its proximity, strategic location and low cost of labour yet high standard of living makes it a perfect destination for families who wish to re-locate and start a new life. Whether it’s medical insurance for your entire family or the children who can attend free of cost high standard of public education or businesses, which can enjoy of the lowest cop rate interest rates in the EU, Portugal has something to offer to everyone..
The D2 visa, also called the Visa for Immigrant Entrepreneurs, gives resident status to immigrants who plan to involve themselves investment activities in Portugal. The legal basis for this type of visa can be found in article 60(2) of Law No.2. 23/2007 from July Four, and regulated by article 31(2)(3)of Regulation Decree No. 2. 84/2007 from November 5 and Paragraph Two of this article Eighty nine was amended by Law No. 2. 59/2017, pf07/21 and fourth amendment to the Aliens act in force since First August' 2017. For more information visit www.sef.pt
In basic terms, the investment must be made by way of a company that one wishes to establish in Portugal, in the scope of a well defined business plan, which will be judged above all, on an investment level, for its prospective economic, social, scientific, technological, or cultural relevancy.
Target: Small business owners who wish to establish themselves in Portugal.
Simple Requirements to open a company in Portugal
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