Eligible applicants for the D2 Visa include foreign students, researchers, professors, and investors in Brazil. Scholarship recipients from a Brazilian government agency can also apply.
The D2 Visa, also known as the Entrepreneur Visa, allows non-EU nationals to live and work in Portugal while starting or investing in a business. Here are the key eligibility criteria for applying for a D2 Visa:
1. Business Plan and Investment
- Entrepreneurs: Individuals who wish to start a new business in Portugal. Your business idea must be viable and contribute to the Portuguese economy. This includes demonstrating a solid business plan and financial resources to support the business.
- Investors: Those who plan to invest in an existing Portuguese company or a new business venture. The investment should be significant enough to impact the business positively and support its growth.
2. Financial Resources
- Sufficient Funds: Applicants must show that they have adequate financial resources to start and sustain the business, as well as to cover their living expenses in Portugal. There is no fixed minimum amount required, but you must provide evidence of your financial capability.
3. Business Viability
- Feasibility Study: You need to provide a detailed and realistic business plan that includes market research, financial projections, and a clear strategy for how you will operate and grow the business in Portugal.
4. Legal Requirements
- Criminal Record: Applicants must not have a criminal record. A background check will be conducted to ensure that the applicant does not pose a security risk.
- Health Insurance: Proof of health insurance coverage is required to ensure that you have access to medical care while in Portugal.
5. Residency Requirements
- Intent to Reside: You must demonstrate an intention to reside in Portugal and actively engage in the business. The D2 Visa is designed for those who plan to live and work in Portugal, not for those seeking a visa purely for investment purposes without a significant presence in the country.
6. Educational and Professional Background
- Relevant Experience: While not a strict requirement, having a background in business, management, or the specific industry related to your business idea can strengthen your application. Relevant experience or qualifications can help demonstrate your capability to run a successful business.
7. Compliance with Visa Regulations
- Application Process: You must follow the application process, including submitting all required documents, attending interviews if necessary, and complying with Portuguese immigration regulations.
Summary
To be eligible for the D2 Visa, you must be an entrepreneur or investor with a viable business plan, sufficient financial resources, and an intention to live and work in Portugal. You need to demonstrate your ability to support the business and cover your living expenses, comply with legal requirements, and meet the application process guidelines. The D2 Visa is intended for those who will actively engage in their business in Portugal and contribute to the local economy.