The process of obtaining a residence permit can be broken down into several stages:
- Collecting documents and preparing business materials (on average, one month)
- Submitting the application to the platform and waiting for feedback from incubators (on average, one month)
- Application review by IAMPEI (4-6 months)
- After approval from IAMPEI, you need to sign a contract with one of the interested incubators from stage 2. You have 40 days to do this. The incubation must be physical (purely online programs are not acceptable).
- After signing the contract, it must be uploaded to the platform within 5 days. This is done by the incubator.
- Then a Declaration of Acceptance to StartUP Visa (Declaração de Aceitação ao StartUP Visa) is issued, and you have 180 days to apply for a D2 visa. You can apply in your country of citizenship/residence through the Portuguese consulate, or you can travel to Portugal with a Schengen visa and apply for a residence permit at SEF (this is the preferred option as it saves time on obtaining the D2 visa).
- If applying for a D2 visa directly at SEF, the processing time is officially up to 60 days.
As a result, the entire process for obtaining a residence permit can take about a year, although this is an average estimate, and your case may vary.