Deal Done 21 | Citizenship | Skilled Immigration | Business Immigration
Entrepreneurs, freelancers, and independent service providers can live in Portugal under the Portugal D2 Program. The Portuguese government launched this program to attract external resources and investments to help the Portuguese economy expand. This Program is solely available to non-EU/EEA/Swiss persons who want to start or relocate a business to Portugal. You can also opt to invest in an established Portuguese firm. The D2 Program in Portugal is less well-known than the D7 and Golden Programs, but it can be a realistic path to permanent residency and citizenship for persons wishing to work for themselves in Portugal.
The Portugal D2 Program allows you to enter Portugal and the Schengen area (26 EU countries). You are free to go around without a Program. With a D2 Program, you typically enjoy the same travel rights as all European Union nationals. This is perfect for businesses who wish to network and develop commercial ties in Europe.
You do not have to leave your family behind with the D2 Program. You can live with your family under this program, and they will have the same residence privileges as you. This includes a spouse, younger siblings, school-age dependent children over the age of 18, and children under the age of 18. Family reunification offers your family the same rights as an individual, including the possibility to gain permanent residency and tax benefits. If you have family members who are participants in the program, you must submit confirmation of your relationship.
You can enter the nation as a non-habitual resident (NHR) and take advantage of the favorable tax regulations by obtaining a Portugal Golden Program, Portugal D7 Program, or Portugal D2 Program. Under this tax structure, you can shift your tax residency to the country. To be qualified, you must not have paid taxes in Portugal in the five years before the application. This does not apply to corporate taxes, though.
The D2 permits people to launch any type of business in Portugal or to open an arm of an existing firm, which may be an easier approach for individuals who already have a business. Unlike the Startup Program, there are no restrictions on the sort of firm you may launch: you might start something in the hotel or technology sectors, for example.
Entrepreneurs will need:
Other requirements include:
Each of those things comes with an initial cost and then there are the ongoing costs of maintaining a company, using the services of an accountant, and paying taxes (corporation and personal) as well as social security.
The independent service provider, namely someone who provides services to Portuguese or international clients, is another category of people that can apply for the D2.
Some of the requirements for independent service providers include:
Open your business or a branch office in Portugal. Obtain all the license and transfer capital to a Portuguese company bank account.
Fill out and sign the D2 Program application form.
Prepare your business plans and required documents:
Portuguese company certificate
Portuguese bank account showing capital transfer
Personal tax number and company tax number
Social security number
Employment contracts
Social contribution receipts (past 3 months)
Proof of accommodation
After receiving the D2 Program, which is valid for 120 days, the investor has to book a SEF appointment to get the residency permit, which can take up to 6 months, till then the investor needs to carry the proof of appointment.
After 5 years, the investor can become permanent resident and after 6 years, a Portuguese citizen which is a 1 year process.
To support your application, you will need the following documents:
Nobody promises that you will be able to acquire the Program. DealDone21 offers a Compliance Department that performs preliminary due diligence checks on applicants in order to identify rejection risk and best option to overcome that risk. As a result, the vast majority of our clients pass the Due Diligence and obtain citizenship.
Yes! To apply for a residency permit, you must make an appointment with the Foreigners and Borders Service (SEF) as soon as you have your D2 Program. You are okay to proceed if you have evidence showing you have arranged this appointment, even if your D2 Program is only valid for 120 days. if you want to if you want to if you want to if you want to if you want to if you want to if you want it.
You can seek to become a Portuguese citizen after six years of valid presence. To accomplish this, you must have a clean criminal record, be fluent in Portuguese, obtain an A2 Portuguese language certificate, and produce supporting evidence, such as a copy of a Portuguese bank account.
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