Visa & residency options
For retirees and passive-income earners. Min income €920/mo (2026). Processing 60–90 days. Visa valid 4 months; then 2-year residence permit at AIMA.
Remote workers and freelancers. Min income €3,680/mo (4× minimum wage). Processing 60–90 days.
Founders launching in Portugal with a viable business plan approved by IAPMEI or a certified incubator.
Residency: Permanent residence after 5 years; citizenship after 5 years plus A2 Portuguese language test.
Tax & cost of living
NHR 2.0 (IFICI) regime since 2024 — available to high-value professions (tech, science, arts). Standard income tax 14.5–48% progressive. No wealth tax. No inheritance tax for direct family.
- Rent (1BR city): €1,200–€1,800
- Meal out: €12–€18
- Transport pass: €40/mo Navegante Lisboa
Banking & business setup
Open NIF (tax number) first — required for all accounts. Recommended: Millennium BCP, Novo Banco, Activobank, Revolut Portugal. Tenaryia partners facilitate pre-arrival NIF and account setup.
Lda. (Portuguese LLC) requires €1 minimum capital, single founder, ~€360 registration. Empresa na Hora 60-minute online setup.
Living in country
Lisbon (Príncipe Real, Alfama) and Porto premium; Algarve, Coimbra, Braga value picks. NIF + lease required.
SNS universal (small co-pay) + private (Médis, Multicare) for fast appointments.
Free Portuguese public; international schools (Carlucci, St Julian's, CLIP) in Lisbon, Porto, Cascais.
Tech (Web Summit ecosystem), tourism, renewables. Web Summit attracts 70k+ to Lisbon yearly.