Introduction
For those considering a move to Portugal, selecting the right visa is crucial. Two popular options are the D8 Visa, often called the Nomad Visa, and the D2 Visa, also known as the Business Visa. Both visas provide the opportunity to live in Portugal, but each caters to different professional needs. Below, we outline the key differences between the D8 and D2 visas to help you determine which path best aligns with your goals.
D8 Visa: Remote Work for Established Professionals
The D8 Visa is designed for individuals with an existing work agreement or contract outside of Portugal. Often referred to as the Digital Nomad Visa, this option allows remote workers to live in Portugal while continuing to work for an employer or clients based abroad. If you have a stable remote job and want to live in Portugal without the need to establish a business or pursue self-employment, the D8 Visa may be the right choice.
To apply for the D8 Visa, you must demonstrate a steady income from remote work (at least four times the Portuguese minimum wage, which is €820 as of 2024). This income can be proven with invoices, payslips, and bank statements from your home country. The application must be completed entirely from your home country, adding flexibility to the process. A lawyer can guide you through the necessary documentation to ensure a successful application. If you’re unsure whether you meet the D8 requirements, don’t hesitate to reach out for assistance.
D2 Visa: Creating Your Own Business or Freelance Work in Portugal
The D2 Visa, or Business Visa, is tailored to entrepreneurs and freelancers looking to establish a business or become self-employed in Portugal. If you’re planning to start a business, open a branch of an existing company, or work as a freelancer, the D2 Visa provides the legal framework for these pursuits.
Unlike the D8 Visa, which focuses on remote work with foreign income, the D2 Visa requires a business plan and formal registration as a business or freelancer in Portugal to begin the application. Rest assured that the company settling or freelancer register can be done by a Lawyer. The process can be initiated from your home country, with an attorney handling the necessary paperwork for you. This visa does not necessitate a visit to Portugal during the application stage, as all relevant procedures can be managed remotely by a lawyer.
Application Process: Key Differences and Similarities
Both the D8 and D2 Visas must be applied for from your home country; applications cannot be initiated within Portugal. For the D8 Visa, proof of remote work income and an employment contract are required. In contrast, the D2 Visa application centres around your business or freelance activity. Here are a few key points to consider:
– Both visas allow you to work, establish a business, bring family members and legally reside in Portugal for at least two years (renewable inside Portugal for up to three years).
– Each visa leads to the residence permit, enabling you to apply for permanent residency and citizenship after five years of legal residency.
– For the D8 Visa, you must provide proof of a work agreement or relationship showing income above the minimum wage threshold.
– The D2 Visa does not mandate a minimum income from your business, but you must demonstrate the ability to support yourself financially.
– The NIF (Portuguese Tax Number), NISS (Social Security Number), and a Portuguese bank account are not required for the D8 Visa but are necessary for the D2 Visa.
Ultimately, the D2 Visa offers a flexible path with a lower investment requirement than the Golden Visa, as it depends on your entrepreneurial ambitions. The D8 Visa, on the other hand, suits those with an existing work relationship and a remote income of at least four times the Portuguese minimum wage.
Consulting a Legal Advisor is essential for guidance on the specific documents needed for your application, as requirements can vary by country and visa type. For the D2 Visa, in particular, the required documents may differ depending on whether you plan to establish a business or work as a freelancer. Staying updated on the latest visa requirements and potential challenges can help ensure a successful application process.
Choosing between the D8 and D2 Visas largely depends on your work situation and professional objectives. The D8 Visa is perfect for remote workers who wish to relocate to Portugal without establishing a business, while the D2 Visa is suited for entrepreneurs and freelancers ready to build their careers in Portugal. An immigration attorney can help you navigate the process, ensuring you meet the requirements and facilitating a smooth transition to your new life in Portugal.
If you have any questions or need further assistance, our team is here to help you on your journey.