Beginning  the enterprise  in Portugal as the means  of obtaining  residency  through the golden visa  program  is the feasible  and  appealing choice   for the overseas   investors. Portugal’s   golden visa  provides a   way to residency for the non European Union who make the  financial  investment   in the nation  and one of the   eligible   investment   kinds   involves the beginning of the enterprises. The procedure include  establishing the business that meet particular   criteria like generating the employment jobs and  participating to the economy  and provide   different  advantages  involve  approach  to the european realm , visa free  travel  within schengen area and chance  to apply for the PR and   citizenship  

Business Conditions

Qualifying for the  portugal  residency investment by beginning the enterprises, the business must meet  terms.   Most common demand  is that enterprises  should generate 10  new jobs  for the portugal  citizens  or  residents. This makes  good not only  for the  investor   but also the local economy, as  employment  creation  is the important emphasis of Portugal’s  golden visa  program.

If generating the  10 employment  challenges, an investor  can select   for  investing  in the  enterprises that generate  the $500,000 in  property investment.  Enterprise   must  participate   in scientific, technological  and cultural  development in Portugal to  make it  attractive  to  businessmen in sectors  for example   research, technology and  innovation.

Application Procedure

Applying  for the golden  visa by  beginning  enterprise, investors  must   first generate a full detailed  enterprise  plan  outline enterprise nature,  investment  needed and how it will  participate in the portuguese  economy.  Enterprise plans  must   involve  projection for employment  creation and economic influence. This is the important part, as the Portuguese  migration  authorities  will review  the plan to find  if it connects  with  aims  of the golden visa  program.

Next stage is to present  the golden  visa application  through  Portuguese immigration and border service.  Application   must involve   evidence of    business investment, enterprise plan and supporting documents like reliable passport, evidence of financial sources, health insurance  and   offender examination. After presenting  the application, the proceeding time  ranges  from 4 to 6 months.

Considerations

Begging the business for the portugal residency  provides a   number of leverage , there are   challenges  to focus.  Business people  require   to make sure   that their  enterprise  venture  is  feasible and  supportable  specially when it comes to meeting employment creation demand. Moreover, browsing the  Portuguese  bureaucracy  and legal procedure   can be difficult, so it is  susceptible  to  work with  legal   and financial  advisors who are the same with the golden visa program  and  enterprise zone in portugal. Visit citizenship by investment 

Conclusion

Beginning enterprises in Portugal provide different ways to reside,  focusing the chance to participate   in the local  economy  with  leverage  of living  in a stable,  safe  and  rich  European  nation.   Employment  creation  and  investment, business people   can take   advantage of Portugal’s  golden visa  program  to protect residency  for themselves  and  their families.   Building the   enterprise  in one  of the  European  markets.  The   feasibility of the program coupled with the enterprise  of  Portugal make it a good choice for the investor  looking for both development chances and  residency.