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Applying NIF & Bank Account in Portugal

At Golden Portugal , our committed team takes a hands-on approach throughout the entire process of obtaining a NIF number in Portugal and opening a bank account in Portugal. No matter where you are located, we serve you remotely.  With direct email access to our team, you can engage in discussions regarding the process, required documents, and any challenges you may encounter.

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At Golden Portugal , our committed team takes a hands-on approach throughout the entire process of obtaining a NIF number in Portugal and opening a bank account in Portugal. No matter where you are located, we serve you remotely.  With direct email access to our team, you can engage in discussions regarding the process, required documents, and any challenges you may encounter.

Remote application for Portugal NIF

What is NIF in Portugal ?

The NIF (Número de Identificação Fiscal) is a Portuguese tax number and the first thing you should get for immigration. NIF number in Portugal is essential for purchasing goods or services, entering into contracts, opening bank accounts, etc. Obtaining an NIF doesn’t imply tax liability in Portugal, especially for income earned outside the country, if you don’t live in Portugal (thus a non-tax resident).

How to get Portugal NIF ?

No worries for non-residence or foreigners. At Golden Portugal, we handle all the documentations necessary for the Portugal NIF application for you. You can acquire your NIF well in advance of your visa application, even months or years before. The cost of the NIF application fee is 150 euros, and the first year’s tax representative is already included in the fees. It’s advisable to obtain it as early as possible.

Portugal NIF

Total Time Needed

5 Days

Documents Needed

– Valid passport, recent (within 3 months) address proof – can be utilities bill, bank statement and etc

* For documents in languages other than English or Portuguese., additional translation cost will be involved.

Steps:

Step 1

Fill in the forms and upload your passport and recent address proof to us. Alternatively, you can send an email to info@thegoldenpportugal.com and attach all the documents to us.

Step 2

If the documents are valid, we will prepare a Power of Attorney (POA) for you to sign by email. Please sign and send back to us by email.

Step 3

We will prepare everything, and will send you your NIF by email when we get them, usually around 3 days, but can delay due to the work load of the tax department

€150 per NIF


Remote Opening Bank Account in Portugal

How to open a bank account in Portugal for foreigners?

We will facilitate your introduction to a suitable bank in Portugal for account opening remotely. Each bank has its own unique regulations and procedures, and we will connect you with dedicated account managers. We take care of all the logistics, including document certification by a Portuguese lawyer, ensuring you have a dedicated bank account manager to handle all your banking needs.

Tailored Involvement to Suit Your Preferences

You can choose how much involvement you want from us. Some clients prefer to communicate directly with the bank manager, while we handle introductions and follow-ups. Others appreciate our active participation in all communications.The choice is yours.

Opening bank account in Portugal

Total Time Needed

1 Month

Documents Needed

The basic documents are valid passport, Portuguese NIF, employment letter, payslip, most recent tax return, tax number from original country. For student or retiree, proof of student/ retirement status.

Steps:

Step 1

Fill in the forms and upload all necessary documents. Alternatively, you can send an email to info@thegoldenpportugal.com and attach all the documents to us. We will contact you by email for any missing documents.

Step 2

We will send an introduction email to the bank manager, copying you, with all your documents attached. The bank manager will follow up and send you some KYC questions for you to answer and ask you for any other documents.

Step 3

Your bank account manager will prepare a bank form for you to sign. Please sign and sent back the forms to your bank manager to verify the signature and the content. After verification, please send the bank forms to the bank by post.

Step 4

After receiving your forms and passing through the compliance, your account should be ready. Your bank manager will inform you about the opening of your new account, along with your account details and internet banking details.

€350 per bank account


Declare tax/ non-tax resident

When you relocate to Portugal and spend more than 183 days in a given year here, it is essential to transition your tax status to become a tax resident. As a tax resident, you are obligated to report your worldwide income

likewise, if you decide to leave Portugal or no longer remain in the country for over 183 days, it is necessary to declare yourself as a non-tax resident. In this status, you are not subject to taxation on your global income.

We are here to assist you in declaring your tax or non-tax residence status. In the case of non-tax residence, we will act as your tax representative, and the fees already cover the first year of tax representation services!

European Union

Total Time Needed

2 days

Documents Needed

– Your NIF number, your NIF password. For changing tax/ non-tax resident, we need a recent (within 3 months) address proof of the residency you will be changing to.

* For documents in languages other than English or Portuguese., additional translation cost will be involved.

Steps:

Step 1:

Fill in the forms and upload your NIF, NIF password, and recent address proof to us. Alternatively, you can send an email to info@thegoldenpportugal.com and attach all the documents to us.

Step 2:

For the change of NIF representative and declare of resident/ non-resident, we will prepare a Power of Attorney (POA) for you to sign by email. Please sign and send back to us by email.

Step 3:

We will send you the updated NIF document by email.

€150 per NIF


Change Portuguese tax ID (NIF) representative

In Portugal, a NIF tax representative, often referred to as a Fiscal Representative (Representante Fiscal), plays a vital role, particularly for non-resident individuals and entities. The primary responsibilities of a tax representative in Portugal include:

Communication with Tax Authorities: The tax representative acts as an intermediary between you and Portuguese tax authorities. We handle all communication, queries, and payment notifications from tax authorities on behalf of the non-resident.

Representation for Non-Resident Real Estate Owners: For non-resident property owners in Portugal, the tax representative ensures that all property-related taxes and obligations, such as IMI (Municipal Property Tax) and IMT (Property Transfer Tax), are met and properly managed.

We can represent you as your NIF representative.

Immigration consultant for Portugal Golden Visa

Total Time Needed

2 days

Documents Needed

Your NIF number, your NIF password.

Steps:

Step 1:

Fill in the forms and upload your NIF and NIF password to us. Alternatively, you can send an email to info@thegoldenpportugal.com and attach all the documents to us.

Step 2:

For the change of NIF representative, we will prepare a Power of Attorney (POA) for you to sign by email. Please sign and send back to us by email.

Step 3:

We will send you the updated NIF document by email.

€150 per NIF

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