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PORTUGAL

PORTUGAL

Background

 
 
  • Portugal is a country located mostly on the Iberian Peninsula, in southwestern Europe. It is the westernmost sovereign state of mainland Europe, being bordered to the west and south by the Atlantic Ocean and to the north and east by Spain.

  • The politics of Portugal takes place within a unitary semi-presidential constitutional republic. The current president of Portugal is Marcelo Rebelo De Sousa

  • The capital of Portugal is Lisbon

  • The current population of Portugal is 10.2 million people

  • Portugal experiences typical Mediterranean weather. It enjoys a warm temperate climate with wet winters and dry summers

Portugal Highly Qualified Activity (HQA) Visa

The Portugal HQA Visa allows individuals to start a research driven startup venture in Portugal in an area of the applicants choice. The applicant will own the majority of the venture and can be as passive or active in the project as they want. The venture will initially operate for a minimum of three years in conjunction with partners in Portugal who will manage the day to day operations. During the first three years, the applicant will hold a Residence Permit. After 24 months, they can renew this permit for an additional 36 months. After this, if they qualify, they can apply for citizenship. The program is a simple and straightforward way to gain citizenship to an EU country.

Benefits

Personal

  • Resident Permit gives unrestricted travel in the Schengen zone (26 countries)

  • Option to apply for citizenship available after 5 years (Portuguese passport allows travel to over 150 countries visa free or visa on arrival)

  • No residency in country required 

  • Low cost of living 

  • Culturally very accepting of foreigners

  • Good social security, healthcare and education systems

  • Clean and safe country

  • 10 yr tax moratorium on foreign income

Business related

  • You will own 95% of your own EU company

  • You will own all intellectual property of the company

  • You can be as active or passive in the operations of the company as you want

  • Business support from international partners provided for first 3 years

  • No business performance or quota requirements

  • No additional operational or maintenance fees for three years (management support, appointed offices, legal and accounting services included)

  • 0% local business tax

Requirements

  • Principal must be at least 18 years of age

  • Clean personal background with no criminal record

  • Be able to provide recent proof of income documentation

  • Be able to provide a detailed CV that shows proven business background

  • Invest 175,000 Euros towards the program (fully refundable if application refused)

Costs (in USD)

For more information on costs relating to this program, please contact us.

Next Steps

 

If you are interested in learning more about the Portugal HQA Visa programme or applying, please contact us by clicking here.

 

 

 

 

Special Notes

  • The Portugal HQA Visa usually takes three months to process before receiving a decision on your application.