D2 Startup Visa vs D7 Passive Income Visa in Portugal

The D2 Startup Visa is called the "immigrant entrepreneur" visa for a reason. Not only do you need to prove your income to obtain this visa, but your income needs to come from a specific source.

In order to qualify for a D2 visa, your income needs to come from a business you started yourself or a business you buy. This is a rather unique set of circumstances.

For that reason, we think most people would benefit from the D7 Passive Income Visa over the D2 Visa. However, if you an entrepreneur and plan on moving to Portugal to start a business, the D2 is the way to go.

Category
D2 Startup Visa
D7 Passive Income Visa

Minimum investment and requirements

Requires you to start a new business, with an minimum investment of around 5K €
Proof of passive income:
- Main Applicant: currently €7,620 per annum
- Spouse or parents of main applicant: currently €3,810 per annum
- Dependant children: currently €2,292 per annum

Criteria to be eligible
to apply

- Have a NIF number
- Be a non-EU national
- Be a spouse, partner, child or parent of someone that is a Portuguess resident
- Have a clean criminal record
- Have a NIF number
- Be a non-EU national.
- 6 months of bank statements (proof of income)
- Have a clean criminal record

Where to apply

Portuguese consulate in country of residency
Portuguese Consulate in country of residency

Visa cost

Between €300 and €650 *
€750 approx

Turn around

Stage 1: One month
Stage 2: Interview in 90 days
6-9 months+

Issued for

Entrepreneurs
Passive Income  / Self employed / Retirees

Permanent residency

After 5 years of uninterrupted living
After 5 years of uninterrupted living

Additional benefits

- Eligibility for NHR status
- Up to five entrepreneurs can apply per project
NHR tax regime

Rights

Live, work, study, healthcare
Live, work, study, healthcare

Citizenship

After 5 years of uninterrupted living
After 5-6 years of uninterrupted living


Family members

They will have to apply with a Family Reunion Visa
Yes

Resident permit

A Residence Permit will be issued. Permanent Residence Permit after 5 years
Temporary Residence Permit issued for year 1 and 2. Extension issued for year 3, 4 and 5. Permanent Residence Permit after 5 years

Health insurance

Required
Required

Accommodation requirements

Not required
Secure long-term residential accommodation in Portugal either through a purchase or rental.

Visa free movement

Schengen and certain EU countries
Schengen and certain EU countries

Residency conditions

Requires you to live in Portugal for the majority of the year (unless your business requires you to travel).
Must live 6-8 months per year or at least 16 months in Portugal during the first 2-year period