Do tourists need a NIF in Portugal?

If you’re visiting Portugal, you may come across the concept of the NIF number. It’s a 9-digit tax number that’s used as identification when opening a bank account, starting a mobile phone contract, or renting a property. It is also used in day-to-day life too, for example when you’re at the supermarket. As a tourist, … Read more

Where Are the Cheapest Parts of Portugal to Live?

Stone house in the Guarda region of Portugal with a pickup truck outside

Portugal is still a very affordable country by Western European standards, but the cost of living has increased over the past few years — in particular, the cost of renting and buying a property.  This is especially true in Lisbon, which has become one of the most desirable places to live in Portugal, but those … Read more

How Much Income Do You Need to Live in Portugal?

Couple calculating finances

If you’re thinking about moving to Portugal, you are probably wondering how much money you need to have in order to live there.  This is quite a difficult question to answer, but it can be broken down into two parts:  Income Requirements for Residency Moving to Portugal long-term involves obtaining residency there. There are different … Read more

Can I Get A Free Bank Account in Portugal?

Woman holding phone and bank card while she logs into her online banking

If you’re moving to Portugal, you’ll probably need to open a Portuguese bank account. And you’re probably wondering if there are any bank accounts that don’t charge monthly fees.  Most banks in Portugal charge a maintenance fee. This is typically between €4 and €8, depending on the type of account.  If you’re opening a bank … Read more

What’s The Cheapest Way to Get a Portuguese NIF?

Couple comparing prices on a laptop and calculator

If you’ve found out that you need a Portuguese NIF number, something you’ll need if you’re moving to Portugal or buying property here, you’re probably wondering: what’s the cheapest service of obtaining one of these numbers? If you’re resident in a non-EU/EEA country (like the USA or UK, for example) you’ll typically need to use … Read more

How Much Does a Portuguese NIF Number Cost?

Confused woman shrugging

It’s hard to get by without a NIF number in Portugal. You need it to rent or buy a house, to buy a car, and – increasingly – to apply for a residency visa like the D7 or golden visa. But how much should you pay for this particular number, and should you even expect … Read more

All You Need to Know About Mortgage Interest Rates in Portugal

Mortgage advisor speaking to a couple in his office

Having a home in Portugal can be an excellent investment, both financially and in terms of quality of life, but interest rates make a difference. When interest rates are low, your monthly payments are likely to be lower and you may be able to borrow more. But when interest rates are high, your monthly payments … Read more

Portugal Mortgage Calculator: Check How Much You Could Borrow

Man in white t-shirt trying to calculate his mortgage costs with a calculator

Are you thinking about purchasing a property in Portugal but are confused about how much you’re able to borrow? Buying a property in Portugal can be confusing, but don’t worry: Portugalist is here to help. Use our mortgage calculator below to estimate: *This part of the process requires more information. A mortgage broker will get … Read more

5 Reasons to Use A Mortgage Broker in Portugal

Mortgage broker with a young couple

You don’t have to use a mortgage broker to get a mortgage in Portugal – you could apply in any bank in Portugal – but it often makes more sense for people, particularly foreigners, to use a mortgage broker. Here’s why.  It Saves a Lot of Time Applying for mortgages can be a time-consuming process. … Read more

Reviews: NIFPortugal.pt – A Cheap Way to Get a NIF Number

NIFPortugal.pt

NIFPortugal.pt is a new website that promises to get your Portuguese NIF (Numero de Identificacao Fiscal) in as little as 14 days. Most NIF services charge anywhere between €150 and €500 for this service so, given that NIFPortugal.pt only charges €69 (with the code PORTUGALIST), it has attracted the attention of those thinking about moving … Read more