Residency By Investment
PORTUGAL D8 VISA
Portugal – A Business Haven for Investors & Entrepreneurs.
Portugal D8 Visa- Best Opportunity for Digital Nomads.
Looking for an Upgrade in Life, D8 Nomad Visa is the Answer.
Processing Timeline: 4-6 Months
Residency Permit Duration: 1 Year but Extendable
Portugal D8 Visa- Best Opportunity for Digital Nomads
The D8 visa, officially known as the “Temporary Residence Visa for the Exercise of Professional Activity Provided Remotely Outside the National Territory,” allows non-EU/EEA citizens with remote jobs to live and work in Portugal for up to one year, with the possibility of renewal and even permanent residency after five years. Since 2022, Portugal’s new digital nomad visa enables remote workers and freelancers to establish residency by demonstrating a monthly income of at least €3,480 and maintaining savings of at least €36,480. The individuals who want to explore work possibilities in Portugal, D8 Visa is a suitable option in terms of affordability as well.
With D8 Digital Nomad Visa, you can at least get access to a country that is safe and has a growing economy. It will be easier for applicants to unlock more horizons while sustaining their remote jobs. All these immigration streams in D category including D2, D7, D8 and D10 have entirely different target audience. Some are for investors and entrepreneurs and others are for talented professionals who have skillset but cannot afford huge investments.
Eligibility Criteria:
- The applicant must be non-EU national
- Must be above 18 years of age
- Able to fulfill income requirement
- Applicant must have a clean criminal background
- Must have a health insurance that covers the stay in Portugal
Step by Step Processing – Understanding D8 Visa
Don’t miss the chance to live in Portugal, the land of opportunities for better a quality of lifestyle and favorable business environment.
Prepare and Compile Documents
1. Valid Passport
2. Proof of Income
3. Proof of Accommodation in Portugal
4. Heath Insurance
5. Police Character Certificate
Application Submission
1. Completion of Digital Nomad Form with correct information
2. The Application fee will be paid which is around EUR 800
3. Submission of form and accompanying documents to Portuguese Embassy
Visa Processing
The application review process will take 60-120 days and applicant will be informed via email on the status (Approval or Rejection) of Digital nomad visa.
Plan your Stay in Portugal
Applicants must need to show a proof of accommodation, a place where they will be living in Portugal for 1 year. The income proof is also considerable to understand if an applicant can manage cost of living in Portugal or not.
• Minimum Accommodation Cost: €600 – €1000
• Utilities & Groceries: €400 – €600
• Internet and Call plans: €30 – €50
• Public transportation pass: €40 – €60
Application Process of Portugal D8 Visa
Prepare to move to Portugal by investing in Portugal Business Immigration Programs, your ticket to successful foreign business.
01
Initial Consultation and Document Preparation
Start with a consultation and provide the necessary documents to proceed to the next stage. Guidance will be provided about the documents by our consultant.
02
Background Check
Undertake a comprehensive due diligence process, including World Checks, Interpol database verification, and in-depth background reviews.
03
Develop Business Plan
Conduct market research to offer unique product or service, and create a business model with detailed financial projections to secure a Letter of Support from designated Canadian organizations.
04
Permanent Residency
Apply for Permanent Residency using the Letter of Support, then start your business in Canada, focusing on legal setup, market entry, and customer acquisition
