If you have never heard of an e-residency opportunity in Portugal, now is the best time to learn about it. This article will turn out to be extremely helpful in this. And, if you seem to be aware of the concept, it will also be a good idea to scan the material as long as you will be able to learn new stuff about it.
The General Idea Behind E-Residency Program in Portugal
First of all, it is essential to keep in mind that this program has been introduced for the non-residents of Portugal. Thanks to it, you will be able to establish business and professional activity in the country by means of going through a personal identification. In short, this requires getting NIF and NISS. Do not worry as long as all of this can be dealt with in the easiest and fast way possible.
People get a unique chance to open a bank account in Portugal, establish a company, and much more than that as a result of getting an e-residency. Isn’t it wonderful?
Why Is It a Great Idea to Get E-residency?
You should realize that it is beneficial both for you as a non-resident of Portugal and the government to deal with the e-residency Portugal program. Take a look at the advantages personally for you first of all:
- You will have access to the well-developed business surroundings;
- You will have a chance to go through filling out the applications faster and more effectively;
- Attractive fiscal policy is another advantage the participants are surely in love with.
- As for the government, it will also be able to benefit a lot as long as it leads to an increase in the workflow in Portugal. Besides, the role of the country in the EU business starts to be more visible.
What Shall You Start with If You Want to Get E-Residency in Portugal?
- The primary step to take is to get NIF. This may be done with the help of the intermediaries who will arrange this process in the easiest and the most efficient form ever. The matter is that the taxpayer number turns out to be vital for all kinds of activities in the country. As long as you are done with this, you will obtain full access to government services, business establishment, and tax stuff.
- So, if you intend to get your NIF as a part of the e-residency program, take care of getting all the documents ready for this process. It includes preparing the international passport (by the way, an EU national ID card will also be okay), and a statement of address outside Portugal. As for the second document, feel free to provide a type of document that seems to be more convenient to you. It may be a bank statement or a utility bill.
- As for the price, expect to pay about 100 euros. It is a fair cost for the services like this.
What’s Next?
- As soon as you have your individual NIF, it is time to think about receiving NISS. It is going to cost a bit more (around 150 euros). Get the passport and NIF ready, and the process will begin (working with the intermediary will require you to download the documents to the website).
- Then, the next step is opening a bank account in Portugal. Here is a list of what will be necessary for this:
- Your passport;
- NIF;
- Proof of income;
- Statement of address;
- Tax ID from the country you reside from.
The service of opening a bank account is costlier compared to the previous stuff that was listed above. However, it is rather fair as long as you are not going to wait for too long, and very soon, you will be able to enjoy the benefits of having an account in one of the best banks in Portugal.
Finally, you will have a chance to establish a company in Portugal as soon as you have all of the proper documents and a bank account. Expect to pay a certain sum of money for this. but the result will surely exceed your expectations if you work with a trustworthy provider of services!