See what to do to become an entrepreneur in Portugal and learn how to avoid mistakes

This article is an abridged version of the original. To read the full article click Here

There are alternatives of visas even for those who do not have much money to invest.

RIO - 518 years ago, the Portuguese saw in Brazil good opportunities to enrich themselves - initially through the exploitation of natural resources. Since then, thousands of Luso have settled here and made a fortune. Today, however, the crossing has reversed. More and more Brazilians are migrating to Portugal. The Iberian country, in turn, has encouraged the opening of companies, especially in the areas of technology and innovation.

Among the ways to call Portugal home, to undertake is one of the most sought after. Basically they are two ways. One is the D2 visa (also called an investor visa), for small and medium businesses, which can be individual or with partner and a low value for investment.

The other is the Golden Visa, which requires investments starting at € 350 thousand. Fernando Carvalho, director of the Portuguese Agency for Investment and Foreign Trade (AICEP), linked to the Portuguese government sector to promote international investment, explains that there are several possibilities to obtain this visa. One of them is buying a property worth over € 350 thousand. Or, the acquisition of investment funds. And the creation of ten jobs.

Another difference, he said, is that D2 requires the entrepreneur to stay in the country for at least 187 days, while at Golden seven days a year are sufficient. According to him, there are no specific numbers, but from 2016 to 2017 there was a growth of around 120% of D2 visas issued by the consulate in São Paulo.

SOME TIPS BEFORE PACKING:

Incentive. Besides the ease of language, the Portuguese government has economic policies and tax benefits to facilitate the installation of companies, aiming to attract foreign capital.

Pros & cons. Being in the land of Camões can give easier access to the European market as well as competition.

Marketplace. About 70% of the companies opened by Brazilians in Portugal close. The main reason is that many do not research the market there.