Portugal is rapidly emerging as Europe’s potential Silicon Valley equivalent. The annual Web Summit held in Lisbon has become a major attraction for the global startup community, drawing significant attention to Portugal from innovators and entrepreneurs worldwide.
Name of visa: Startup Visa
Criteria:
● Has to be a tech startup
● Have to be over 18 years old
● Potential of creating jobs
● The startup has to generate over €325.000 revenue in 5 years
● Income over €500.000 within three years
● You have enough funds in your bank account in a total amount of 5146.08€ for 12 months (per person)
Duration of visa: 12 months then extension possibility
Average duration until acceptance: –
Cost: –
More information:
– Low loan rate
– Low cost of living
– Tax benefits
What is your backup plan? Talk to us.