WHAT IS THE STARTUP VISA?
StartUP Visa is a residence visa for entrepreneurs, which aims to attract to Portugal investment, talent and innovation capacity.
By investing and creating qualified employment, entrepreneurs can integrate a startup incubator in Portugal and benefit from all the incentives and support of the StartUP Portugal Program. This program aims to strengthen the innovation ecosystem and to affirm Portugal as an open country to entrepreneurship and to all those who, with their knowledge and capacity for innovation, can bring investment to the portuguese economy, capable of strengthen and enhance national skilled human resources.
Beginning 15th March, entrepreneurs from around the world can apply through the online platform.
This is one of the most innovative entrepreneurship programs across Europe, by attracting international talent.
WHO CAN APPLY?
Young entrepreneurs from all over the world who want to open an innovative company will have quick access to a residence visa that gives them the possibility to create or move a their startup enterprise to Portugal.
HOW TO APPLY?
Entrepreneurs can apply through this online platform.
International entrepreneurs wishing to access the StartUP Visa and obtain a residence and work visa must accomplish the following criteria:
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€ per year, and/or assets value over 325.000€ per year.
The evaluation of the economic and innovative potential is made based on the degree of innovation, the scalability of the business, the market potential, the capacity of the management team, the potential for creating qualified employment in Portugal and the relevance of the applicant in the team.
Check here the StartUP Visa Certified Incubators.