Benefits of the Portugal Startup Visa Program

Work Permit

A work permit is granted to the applicant and their spouse for jobs other than the startup project.

Free Education and Healthcare

Healthcare and education services for you, your spouse, and your children (both at school and university) will be free of charge.

Immigration for the Whole Family

Your spouse and children under 18 can immigrate with you and enjoy the mentioned benefits.

No Language Requirement

There is no need to provide a language certificate for the visa application.

Access to the European Market

By starting a business in Portugal, you gain access to the European market with favorable business regulations.

Financial Requirements for the Portugal Startup Visa Program:

Financial Needs

The main applicant must have at least €6,500 in their bank account. Additionally, a minimum initial investment is required for setting up the business, which will be shared among the team members. For example, a three-person team must show not only the financial means to support one year of living but also about €6,000 for the initial business investment. However, it is recommended to have a higher amount to ensure sufficient financial resources for managing your business.

Family Visa Financial Requirements

For a family visa, the financial requirement for the spouse is at least €3,250, and for each child is at least €1,860.

  • One child and spouse = €5,200
  • Two children and spouse = €7,100

Other Costs:

  • Incubator fees
  • Address registration fees
  • Visa fees, government processes, and other direct costs

Startup Environment in Portugal:

  • Favorable Tax Incentives: Low corporate taxes and special benefits for startups.
  • Access to the EU Market: Access to a market of over 450 million consumers within the European Union.
  • Skilled Workforce: A highly educated workforce, especially in technology and engineering fields.
  • Great Weather and Quality of Life: Mild climate and high quality of life.
  • Vibrant Startup Culture: A growing startup ecosystem with government support.
  • Low Cost of Living: Reasonable cost of living, including housing and daily expenses.