The StartUP Portugal Tech Visa program in Portugal opened January 1, 2019, aimed at technological and innovative companies to attract highly skilled workers from those not from the Schengen area.
International entrepreneurs wishing to access the StartUP Visa and obtain a residence and work visa must be able to demonstrate 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.
Applications can be submitted online and are evaluated on the economic and innovative potential in Portugal.
Please note that this is general information only and not intended as advice on a specific matter. Please feel free to contact Fakhoury Global Immigration directly with questions exclusive to your situation. This news alert may have been prepared using information from Peregrine Immigration Management, which is licensed to Fakhoury Global Immigration.