Portugal Start-Up Visa

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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

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