Portuguese Bank Account and Tax ID

If you want residency in Portugal or you want to own property in Portugal, a Portuguese bank account is key.

If you just want a European bank account that you can open remotely, this Portuguese bank account also fits the bill.

This service combines a Portuguese Bank Account AND a Portugese Tax ID.

As someone relocating to Portugal, a Portuguese tax ID, also known as the Número de Identificação Fiscal (or NIF for short) is absolutely essential.

Order your Portuguese Bank Account and Tax ID here.

 

Get your Bank Account + NIF in 4 Easy Steps

1) Place your order
2) Sign a Power of Attorney (This allows your fiscal representative, a Portuguese lawyer, to request your NIF on your behalf.)
3) Receive Your NIF
4) Use NIF to open bank account
Usually, you can expect to receive your NIF in 1 week. This can take longer if the Tax Office is experiencing delays. The Bank Account takes another 3-4 weeks.
Your bank account comes with a private bank manager who will be your main point of contact with the bank.

Account Benefits

We work with one of the largest private banks in Portugal. With your account, you’ll have access to hundreds of branches and ATMs throughout the country.

The account can be for an individual or a joint account with multiple account owners. Our fee includes the cost of the signature certification by a law firm in Portugal. You will not need to notarize or apostille any documents.

  • A dedicated bank manager
  • Online banking access
  • 2 debit cards
  • 2 credit cards
  • Free euro transfers to countries to SEPA member states (EU, UK, and 8 more)

 

Requirements

  • Valid passport
  • Proof of address in your country of residence.
  • Proof of employment.

 

FAQ

  • Is an Apostille Required? No. Skip the Apostille by getting your signature recognized by a law firm in Portugal. This is huge because it turns weeks into minutes.

  • Monthly Maintenance Fees? Your monthly maintenance fee is determined by your age and the average balance in your account. The total amount can be up to 15 euros / month.

  • Minimum Deposit? The minimum amount required to open an account is 250 euros.

 

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