Portugal introduced the Tech Visa program to make it easier for companies to bring international tech talent to Portugal. Technology is rapidly progressing and there is a gap in the market for suitable employees.
The goal of the Tech Visa is to increase the inflow of specialized staff to certified global companies situated in Portugal. While this program eases the residence visa and permit process, it is not for companies operating only domestically or in their initial stages.
Companies that are certified for the Tech Visa program can effortlessly accelerate their growth as they can easily hire global talent. Obtaining this certification is a worthy investment for tech companies that are aiming to expand.
Who is considered for High Tech Visa?
The Tech Visa program aims at inviting experts in the fields of technology and innovation to work in Portugal. The eligibility standards are considerably high.
To qualify for the residency permit under the Tech visa, the potential hire must:
While, to strengthen its evolving innovation and tech ecosystem, the Portuguese government has taken a few initiatives to make recruitment of non-EU skilled workers easier.
The Portugal Golden Visa is a residence visa issued to non-EU nationals who have made a significant investment in Portugal, such as purchasing real estate, making a capital investment, or creating employment opportunities.
It is a five-year residency-by-investment scheme for non-EU nationals. You can qualify for residency by investing 280,000 euros which is one of the lowest investment thresholds in Europe.
In order to qualify for Portugal’s Golden Visa, a qualifying investment has to be made. Investment categories include real estate, venture capital fund, transfer of capital, company formation, and donation.
The D7 visa is an attractive visa allowing non-EU citizens to get Portuguese residency provided they have enough funds to support themselves during their stay in Portugal.
This visa is geared toward retirees, self-employed individuals, and digital entrepreneurs who want to live in Portugal without having to commit to a major economic investment.
The D7 visa can then be renewed after one year for two successive periods of two years and can be turned into a permanent residence permit after five years.
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As Non EU, you will most likely need to apply for a Portugal Work Visa to work in Portugal. To be able to do this, you will first need to secure a job in Portugal. Once you have done this, you can start the process of applying for a Portuguese Work Visa.
Before starting the application process for a Portugal Work Visa, you need to have a work contract from your employer in Portugal. The contract should include where you will work, what company you will work for, and what work you will be doing.
Your employer will need to apply for your Work Permit at the Portuguese Labor Authorities. The permit will indicate what work you will be doing and where you will be doing that work.
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You can apply for student visa also in Portugal, if you are a student. While, Tuition fees in Portugal are relatively modest. Public universities generally charge less than 1,500 EUR per year for their Bachelor and Master programmes; some private universities may charge up to 4,000 EUR per year.
Portugal has a good education system, with some universities in top 500 of the world (University of Porto – 301st), and teachers are excellent in terms of domain in their field of knowledge.
After graduation, you can apply for a residence permit, which will be valid for one year, during which you can try to find a job or create your own company in Portugal compatible with your qualifications.
Lastly, You can approach Consult Studies Abroad for Guidance about scholarships, University admissions and many more useful information.
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