Services · Personal accounts

Personal accounts: Portugal

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

Service	Price
Personal account - opening assistance	on request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

FAQ

Can a non-resident open a bank account in Portugal?

Yes, Portugal is one of the easier EU countries for non-residents. You need a passport, a Portuguese tax number (NIF), proof of address and proof of income. Non-EU applicants usually need a fiscal representative to get the NIF.

Do I need residency to open an account in Portugal?

No, residency is not required. With a residence permit you get access to more banks and products, and the onboarding checks are lighter.

How much money do I need to open the account?

Basic accounts have little or no minimum balance; the usual cost is a monthly maintenance fee. Non-resident packages and remotely opened accounts may ask for an initial deposit, so check the specific bank's terms.

Does Portugal report my account under CRS?

Yes. Portugal exchanges account information annually under CRS with your country of tax residence. The account is not hidden from your tax authority, and you still have to declare it at home.

Personal accounts: Portugal

Fees

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FAQ

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