1. Passport:
Your passport is a crucial piece of identification. Ensure you have a clear scan of two pages on one photo, with all four corners visible. The passport must be signed, valid, and, importantly, free of any fingers obstructing the view.
2. Nif (Portuguese tax number):
Include a scan of two pages in one file. If you don’t have a Portuguese tax number yet, you can easily order it online.
3. TIN (Tax Number of Country of Residence):
Submit your tax card, tax declaration for the year 2022, or ID, depending on the regulations in your country. Verify the specific document required as the Tax Identification Number (TIN) for your nation.
4. Proof of Address (in English or Portuguese):
Provide a document confirming your address, such as a bank statement, utility bill, or driving license. For U.S. citizens, additional options include IRS forms 1040, 1099, or W-2 from the year 2022.
5. Proof of Income:
Depending on your employment status, various documents are necessary:
- Employed: Work declaration (issued within the last 3 months), payslip (issued within the last 3 months), or a contract (issued within the last year).
- Self-employed: Proof of registration of freelance activity and tax declaration for the year 2022.
- Company Owner: Company certificate (issued within the last year) along with a document confirming you as the director. Include a payslip if applicable, and the tax declaration for 2022 if receiving royalties.
- Passive Income (Investor/Property Owner): Provide a signed rental agreement(s) with proof of deposits, financial statements displaying investments, and the tax declaration for 2022.
- Retired: Include a government pension letter and pension statement.
- Portuguese Student: Submit proof of enrollment, a student card, and a bank statement.
- Unemployed: Supply an unemployment letter and tax declaration for 2022 (for joint accounts).
- Living on Assets: For individuals with no traditional income, provide proof of the source of funds and the tax declaration for 2022. Housewives can opt for a joint account.
To initiate the process, upload the required documents online. Keep in mind that the bank may request additional information beyond the listed requirements, so it’s advisable to stay flexible and responsive throughout the application process.
Author: Mariana Bonanomi
