D2 Visa – Your Gateway to Business in Portugal
Entrepreneurs are a unique breed! They’re full of ideas, energy, and drive to create businesses that bring profit, provide jobs, benefit society, and contribute to the economy. Always thinking ahead, they aim to grow their business and often feel constrained by the limits of one city or country. This ambition leads them to explore international opportunities and new challenges.
At some point, many entrepreneurs feel the pull to expand beyond borders, seeking new markets and bigger opportunities. European countries, especially Portugal, understand the value of attracting foreign entrepreneurs. That’s why they’ve created the D2 Visa – a perfect solution for those who want to live, work, and build a business in Europe.
Why Choose the D2 Visa?
The D2 Visa is tailored for non-EU entrepreneurs, freelancers, and investors who want to live and work in Portugal. With this visa, you can move to Portugal, run your business, and travel freely across the Schengen Zone, whether for business or pleasure. Even better, your family can join you, enjoying the same rights and privileges as residents!
So, if you’re thinking about launching your business in Europe and enjoying the benefits of living there, the D2 Visa is the ideal option.
Where to Start?
The first question is – which country is right for your business? You need a place with the right business environment, competitive market, and reasonable startup costs. You might wonder whether to buy an existing business or start a new one, or perhaps even expand your current business with a branch office.
Next, quality of life is crucial. You want a place with a high standard of living – good housing, a comfortable climate, affordable prices, reliable infrastructure, and a safe environment.
And let’s not forget your family. Relocation should be smooth for everyone, especially children. High-quality schools and healthcare are non-negotiable.
Once you start considering all these factors, it becomes clear that handling everything on your own can be overwhelming. That’s where finding the right relocation partner comes in.
Why RelyOn Relocation?
RelyOn Relocation is the leading expert in securing D2 Visas for entrepreneurs. From your very first free consultation, our dedicated team will guide you step-by-step through the entire process, taking care of all the paperwork and legal procedures, ensuring your relocation and business setup are as smooth as possible.
With years of experience, we’ve chosen to specialize in Portugal, consistently recommending the D2 Visa for entrepreneurs.
Why Portugal?
Portugal offers a perfect environment for families and entrepreneurs alike. It’s a welcoming country, no matter your age, nationality, or profession. Here’s why we recommend Portugal for your business and family relocation:
● High quality of life comparable to leading countries
● Welcoming atmosphere for newcomers
● Business-friendly environment with government incentives for startups and job creation
● Competitive tax rates for businesses
● Wide selection of ready-made businesses for sale
● Affordable and high-quality housing
● English is widely spoken – no need to learn Portuguese right away
● Fresh, healthy food at affordable prices
● World-class healthcare
● Excellent education and safe schools for children
● Low crime rate – safe and secure neighborhoods
● Rich cultural history and beautiful landscapes
● Ideal climate with the entire country bordered by the Atlantic Ocean
● Opportunities tailored for both emerging professionals and retirees
If you’re ready to take the next step, RelyOn Relocation can help you navigate every part of the journey, from securing your D2 Visa to finding the best opportunities for your business and family in Portugal.
D2 Visa requirements
In the first case, the applicant must appoint himself as a director and pay a salary and social security, making it a more expensive option. Alternatively, being self-employed is more economical since social security contributions are waived during the first year. However, the client still needs to demonstrate the value of their business to Portugal by securing contracts or agreements with local companies. This is not a formal requirement, but drawn from the experience of their consultants. Unofficially, the most significant number of refusals are due to “not having enough reasons to do business and to be in Portugal”.
Self-employment
● The applicant needs to have a VAT representative in Portugal to become self-employed. This person is usually a lawyer
● No need to pay social security for the first year (starting from the second year, pay only 21.4% of profit per month)
● The client don’t have to have an accountant, but it’s advisable to have a contract without VAT (IVA here is 23%), if their annual income does not exceed 14 000 euros
● During registration, you can provide any bank account with a European IBAN, but it’s advisable to switch to a Portuguese account afterward
● If there is no profit, the mandatory payment to the social fund is 20 euros per month
A company:
● The applicant needs to have a VAT representative in Portugal to start a company
● The client needs to pay all taxes and social security (33.74% of monthly income per person, including themself)
● The applicant will hire a certified Portuguese accountant (costs around 150 euros per month)
● The client will open a corporate bank account in addition to a personal account
● NHR is not applicable
Portugal – the fastest-growing economy in the European Union, offers a world of opportunity for entrepreneurs looking to expand their horizons. With the D2 Visa, you not only get the chance to grow your business in a dynamic European market, but also to enjoy the exceptional quality of life that Portugal is famous for. Let RelyOn Relocation guide you through every step of the process, helping you turn your business dreams into reality in one of the most welcoming countries in Europe.