Open a bank account remotely

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iricem25 Member

Member since 08 November 2024

iricem25Member09 November 2024 00:02:24

I currently live in the USA, but I plan to retire in Portugal in the next few years. I would like to open a bank account remotely and am considering using E-residence for assistance. Do you have any experience working with E-residence? Is it a trustworthy company?

JohnnyPT Portugal Expert

Member since 23 May 2020

JohnnyPTPortugal Expert09 November 2024 08:43:33

4565

Hi @iricem25, Welcome.

I suggest that you only open a bank account when you really need it (to apply for your visa / residence permit), as you'll be paying around 100 euros a year to maintain it. Also, if you want to apply for a visa, you'll need to have a bank account, a tax identification number, and accommodation (to buy or rent). You can (but should't) do all this online, nor is it recommended. So what I suggest is that you take a trip to Portugal and hire a solicitor to help you with these procedures.

On this forum there have been some members who have opted for this paid service you mentioned. But it's up to you to decide.

Some help here:

Experience sharing about Visas to Portugal (D7 & others)

/forum/viewtopic.php?id=971460

Solicitors, Lawyers & Administrative division of Portugal:

/forum/viewtopic.php?id=941009

Open a bank account in Portugal as a non-resident

/forum/viewtopic.php?id=933658

Regards

iricem25 Member

Member since 08 November 2024

iricem25Member09 November 2024 16:37:57

Thank you for your advice and information that you shared with me. Much appreciated.

Strontium Serial expat

Member since 27 April 2019

StrontiumSerial expat09 November 2024 20:34:26

349

Hi and welcome,

For us pooor persons there are some banks here which do accounts with none fees so if you initially open account with fees then laters聽 you can open and swap to an account with no fees,

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