Where should I setup a bank account in Portugal?
We asked expats in Portugal what banks they use and there advice about banking. They advised...
"Before retiring in Portugal, expats should be aware of the different residency options. Depending on nationality, length of stay, and whether the individual is self-sufficient, a different visa may be required. Expats should also familiarize themselves with the cost of living, which can be higher than other European countries. Additionally, expats should plan for healthcare expenses, as private health insurance is often recommended. Those planning to stay for more than 90 days will need to register with the local town hall, similar to registering with the police in other countries. Finally, expats should research their preferred destinations and get to know the local culture to ensure a successful transition," wrote a member who made the move to Portugal.
AnchorLessConnect
AnchorLess provides services to help you settle into your new life in Portugal. you are guaranteed to have access to a convenient, quick and reliable service, with a team always ready to answer all of your questions about your new adventure.
Click connect to have our partner contact you via e-mail and/or phone.
AnchorLessAnchorLess provides services to help you settle into your new life in Portugal. you are guaranteed to have access to a convenient, quick and reliable service, with a team always ready to answer all of your questions about your new adventure.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Portugal?
- How do I meet people in Portugal?
- What is life like in Portugal?
- Is there a lot of crime in Portugal?
- Is there a lot of diversity? Are people in Portugal accepting of differences?
- What are the schools in Portugal like?
- Is the cost of living in Portugal high?
- What advice do you have for expats having a baby in Portugal?
- What are healthcare services like in Portugal?
- Is the cost of living in Portugal high?
- What type of recreational facilities are in Portugal?
- What is the weather like in Portugal?
- Are there good restaurants in Portugal?
- Where will I buy groceries and do other shopping in Portugal?
- What are the visa & residency requirements in Portugal?
- Are healthcare and health insurance expensive in Portugal?
- What do I need to know when buying property in Portugal?
- Are foreigners allowed to own property in Portugal?
- What appliances are typically included in a rental?
Where should I setup a bank account in Portugal?
If you live in Portugal, newcomers to Portugal would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
