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Residency Cards in 4-6 Months or Less
Are you hesitant to invest €500,000 in a Golden Visa Fund for over 5 years and wait more than 3 years to get processed? Luckily, there are faster and more affordable alternatives in Portugal.
One of the standout options for 2024 is the Portugal Startup Co-Investor Visa Program, which is rapidly gaining international attention.
Investment Requirement: Only €150,000 (excluding legal fees), making it the cheapest investment-based residency option in Portugal.
Fast Processing Time: Typically, 3 to 4 months – significantly faster than other residency programs.
Program Type: Fully managed, "done-for-you" option, ensuring ease of application and compliance.
Portugal has had a Startup Visa program since 2018, but it has been challenging for foreign founders due to complex application procedures and stringent quarterly reporting through a startup incubator.
However, the Startup Co-Investor Visa Program is a more streamlined alternative. This white-glove program handles everything from startup matchmaking and application submissions to operational management and statutory reporting. The result? A hassle-free experience with an expedited processing timeline.
Portugal is eager to drive investment in local startups, particularly those based in its interior regions. This has placed the Startup Co-Investor Visa Program into a priority visa category, with applications being processed in as little as 3 months.
Unlike other programs (such as the Highly Qualified Research Residency Program), which often require non-recoverable fees, the Startup Co-Investor Visa Program involves actual capital participation in a pre-vetted Portuguese startup. This could lead to meaningful returns if the startup succeeds, although startup investments are inherently risky.
Most Affordable Residency Option
With an investment of only €150,000, the Portugal Startup Co-Investor Visa stands as the most cost-effective program in Portugal, even more affordable than the HQA Visa Program.
Fastest Route to Residency
Due to Portugal’s strategic focus on attracting foreign investment into its startups, applications for the Startup Investor Visa are typically processed within 3 months.
Potential for Meaningful Returns
Unlike options that require a non-recoverable cost, the Startup Co-Investor Visa offers the possibility of generating returns, should the chosen startup succeed.
Access to World-Class Healthcare
As a legal resident of Portugal, you and your family will have access to the country’s excellent healthcare system.
Attractive Tax Incentives
Startup Co-Investors may benefit from the Portuguese Non-Habitual Residency Program, which provides a flat 20% tax rate on qualifying “highly qualified activities.”
Growing Tech Talent Pool
Portugal is home to an expanding pool of tech talent, combined with lower-than-average labor costs, making it a competitive location for startups.
Freedom to Travel Across Europe
As a Portuguese resident, you and your family will enjoy visa-free travel across 26 Schengen countries.
Clear Pathway to Citizenship
The Startup Co-Investor Visa provides a straightforward path to both permanent residency (PR) and Portuguese citizenship.
The Ultimate Backup Plan
In today’s unpredictable world, securing residency in a stable, affordable, and politically neutral EU country offers you peace of mind and a solid Plan B.