startup for Portugal
Start-ups abroad are innovative ventures established in foreign countries
Portugal
Portugal’s start-up visa, also known as the “Tech Visa,” allows non-EU/EEA entrepreneurs to create and develop innovative start-ups in the country. Applicants need a qualifying business idea, potential for scalability, and private investment or incubator support. Successful candidates receive a one-year visa, renewable, and access to the Portuguese entrepreneurial ecosystem.
The Portuguese Government has issued a Job Seeker visa for the year 2023. This Visa does not require any Job offer from the Portuguese Government. You can apply for this Visa from anywhere in the world. The Portuguese Job Seeker Visa grants individuals the opportunity to reside in Portugal for a duration of 120 days.
Eligibility Criteria
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International entrepreneurs wishing to access the Startup Visa and obtain a residence and work visa must accomplish the following criteria:
- You should not be a European citizen
- You must not have a criminal record
- You must be older than 18 years
- You must have 5200 euros in your bank account
- Intend to develop business activities to produce innovative goods and services
- Open or relocate companies and/or projects focused on technology and knowledge, with a perspective of developing innovative products
- Have the potential to create qualified employment
- Have the potential to attain, 5 years after the incubation period, a turnover over €325,000 (2,94,84,650 INR) per year and/or assets value over €325,000 (2,94,84,650 INR) per year