StartUp Visa for starting a startup in Portugal
The procedures for obtaining a StartUp Visa and a temporary residence permit are subject to change and updates. It is recommended that you contact the relevant authorities in a timely manner and receive up-to-date information and instructions on the StartUp Visa process in Portugal.
To get the StartUp Visa to start a startup in Portugal, follow the plan:
1. Prepare a business plan: Develop a detailed business plan for your startup, including a description of the business idea, market potential, marketing plan, financial projections, and other relevant information.
2. Find support: Look for incubators, gas pedals or investment funds in Portugal that can support your startup. Getting support from such organizations can help you in the StartUp Visa process.
3. Register with the Nacional de Incubação de Empresas (Sistema Nacional de Incubação de Empresas - SNIACE): Registering with SNIACE allows you to get "startup" status, which gives you access to special programs and benefits to grow your business.
4. Prepare the necessary documents: Prepare the following documents:
- A copy of your passport or other identification document.
- A detailed business plan describing your business idea and development plans.
- Letter of support or agreement with an incubator, gas pedal, or investment fund.
- Proof of financial solvency to support your business intentions.
- Other necessary documents required by the StartUp Visa program.
5. Apply: Apply for the StartUp Visa to the appropriate authority in Portugal, such as the Serviço de Estrangeiros e Fronteiras (SEF - Foreigners and Borders Service) or the Portuguese Consulate in your country of residence.
6. Application process: Your application will be examined by the competent authorities in Portugal. The examination may take some time and you may have to provide additional information or undergo an interview.
7. Obtaining a StartUp Visa: If your application is approved, you will be issued a StartUp Visa. With this visa you will be able to enter Portugal to continue the procedure.
8. Startup registration: When you arrive in Portugal, you need to register your startup with local bodies such as the National Entrepreneurship Agency (Instituto Nacional de Propriedade Industrial) and the National Bureau of Statistics (Instituto Nacional de Estatística). This is an important step for the official recognition of your business.
9. Obtaining a temporary residence permit: After registering your startup you need to apply for a temporary residence permit in Portugal. Contact the Serviço de Estrangeiros e Fronteiras (SEF) and provide the necessary documents, such as a copy of your StartUp Visa, business plan, proof of financial solvency and other required documents.
10. Develop your startup: Once you have received your residence permit, you can start developing your startup in Portugal. Use the startup resources and programs available, such as funding, mentoring and a network of contacts, to help you succeed.
It is important to note that StartUp Visa and temporary residence permit procedures are subject to change and updates. It is advisable to contact the relevant authorities in a timely manner and receive up-to-date information and instructions on the StartUp Visa process in Portugal.