Portugal a good Place to Start YOUR Business? EXTRA Financing available

Portugal a good place to start YOUR Business? This European country has an extra financing program for startups. Learn how they support new businesses.
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Portugal is attracting Startups by supporting them by offering many perks. These are tax benefits or a huge 200 million Euro funding program. So the question remains is this country a good place to start a business?
⏱Timestamp⏱
0:00 Intro
0:40 Portugal a good place to start a business? Facts about the country
1:24 How entrepreneurial are the Portuguese?
2:03 Legal Framework
2:47 Costs of living
3:27 Popular Portuguese brands?
4:23 Startup Infrastructure
5:13 Startup VISA
6:14 Governmental Startup Funding
7:05 Outro
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[@jobydevasia2039]

Praise Jesus

[@AskMeStartUp]

🙃

[@nzname1]

Portugal esta em grande , como algo tao pequeno surgiu curiosidade do mundo?

[@josec.pacheco9787]

Good video 👍I read recently that Portugal is struggling to keep their talents, their human capital due to better salaries abroad, especially in EU.

[@AskMeStartUp]

Thank you for this valuable addition.😀🙏

[@canonsmaster]

I wanted to ask the following: If I incur expenses/VAT while setting up a business that will be located in Maderia can I claim these back once the company is set up? The company will be set up in Madeira within the next 6 months. thank you

[@poetofview]

Is there any Automotive battery made in Portugal which I can export to gulf states ?

[@bertieferreira]

Ireland also has a startup program

[@AskMeStartUp]

yes it does. Thank you for watching my content🙏

[@libertypass2655]

Sir, i m non-Eu citizen,going to migrate in portugal soon.🌹So which business we can start in 50k€ - 100k€ in portugal ? 🌹How much net income we can get ?🌹 How much financing we can get there & how ?🌹🌹🌹🌹🌹

[@AskMeStartUp]

I guess the business depends on your personal capabilities. Just be aware that usually restaurants or trade are not considered relevant businesses. Cheers good luck

[@kidzomania720]

hi oliver . which business idea you recommned for me to apply for visa for portugal?

[@AskMeStartUp]

I cannot give you a clear answer on this. You need to think this through yourself and define what you are good at. Then take it from there.

[@caes1983]

Hi Oliver, Nice video. What about this business idea: A consulting firm focus in international trade to promote Portugues products around the world (focus in China market), as well be the middle man to promote China Product to companies in Portugal, (tools, construction materials, etc) Thank you!

[@AskMeStartUp]

You are after the holy grail :-); no capital investment and endless fees coming in. It is a feasible business if you have the right relationships that can't be circumvented by your customers/suppliers. The main challenge is that usually Chinese contact the Chinese/Portuguese Chamber of commerce first and they usually redirect. Once a product or service is in demand usually the middleman gets cut out. Furthermore, currently due to the restrictions in China you need a Chinese Counterpart you can trust. A huge challenge.

[@caes1983]

@@AskMeStartUp I already manage supply chain projects from China to clients in America and LatinAmerica; we infrastructure in Hong Kong and China. Even, importing some food into China. Thank you for your reply!

[@AskMeStartUp]

@@caes1983 That's cool. So what is your biggest issue right now?

[@chess3395]

Hi oliver, Great video. after the approval, does the incubator finance our project? what happens with the funding part after the project is approved by the iapmei? many thanks..

[@AskMeStartUp]

Honestly, since I am not involved in Portugals' funding procedures, I am unable to answer these questions. Sorry🙄

[@samerboukaram2077]

Great video. After getting a startup visa and running a company, can i apply after 5 years for citizenship, without residing in portugal? (Just 2 weeks per year, similar to the golden visa)

[@AskMeStartUp]

I am not an expert on Portugiese migration law, but I could not find any indication in this direction. Furthermore I would doubt that it would make sense to found a Company in Portugal and then never be there. Guess that would be against their admission rules.. hope this helps

[@imranniaz1890]

hello dear,hope you are doing great kindly guide me about healthcare industry in Portugal. I am a businessman who deals in pharmaceutical packaging materials like cold forming alu foil and empty gelatin capsules. Do you have any knowledge about that?

[@AskMeStartUp]

I work in the healthcare industry. Why do you focus on Portugal?

[@imranniaz1890]

@@AskMeStartUp portugal isn't necessary but I have heard that it is easier to get PR in portugal unlike other European countries. I can do this business in any country as well where there are pharmaceuticals more in numbers.

[@AskMeStartUp]

@@knutratzeburg867 drop me an email: [e-mail]

[@AskMeStartUp]

@@knutratzeburg867 you can dfop me an email [e-mail]

[@oluwasegunfakehinde8075]

Hi Oliver, thanks alot for this video, quite insightful. My family and i just moved to Lisbon four weeks ago by the virtue of my wife's job. Back in nigeria where i came from, i was and still running a real estate consulting and a project/facility management company, with records of huge property sales, consulting, property management, and project management an on-going building project of 26units of apartment. i want to break into real estate market, starting off from estate agency and property management. What would you advice and how do i connect with you. Thank you.

[@AskMeStartUp]

Thank you for watching my content. I have a few friends in Lagos. All the best luck in Portugal. You can drop me an email anytime. [e-mail]

[@MadinaVadache]

Farfetched on line retailers big

[@AskMeStartUp]

ok

[@ajaysah43]

Please tell process and which business is good to do below 10000 euro from Nepal 🙏🏻

[@AskMeStartUp]

HI, I guess there is no real way to give you an aswer except it all depends. Do you have a business plan?

[@san_am_here7211]

@@AskMeStartUp Helloo , i am currently working in portugal as technician i was in kuwait doing my own freelancer bussiness of hvac i want creat a company and open it’s branch back in kuwait because there my bussiness is already running and i want to obtain a residency and citizenship. Can you guide me if i open a company in portugal will it help me get my residency card faster than artl. 88 as it take 2 to 3 years so i can freely go back to my country (kuwait ) and do bussiness in both country (portugal&kuwait)

[@san_am_here7211]

@@AskMeStartUp I wanna make international company so i can work and travel in middle east as well as in europe. We mainly do air conditioning , Ducting and fire fire fighting water pipelines and oil and gas pipeline jobs in kuwait so i want to forma a company in portugal and get residency card so i can open its branch in kuwait