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Crypto

Crypto-Friendly Banks in Portugal: 4 Eye-Opening Experiences

Crypto-Friendly Banks in Portugal: 4 Eye-Opening Experiences

ByPhilip Bitnik May 5, 2023September 25, 2024

Portugal, a country known for its relatively relaxed stance on cryptocurrencies, has seen its banks take varying approaches to handling…

Read More Crypto-Friendly Banks in Portugal: 4 Eye-Opening ExperiencesContinue

New Portuguese Crypto Tax Law in 2023

New Portuguese Crypto Tax Law in 2023

ByPhilip Bitnik May 5, 2023May 13, 2023

With the wild ups and downs of cryptocurrencies like Bitcoin and Ethereum, it’s no wonder that crypto traders have taxes…

Read More New Portuguese Crypto Tax Law in 2023Continue

How to buy property with crypto in Portugal?

How to buy property with crypto in Portugal?

ByPhilip Bitnik May 4, 2022May 5, 2023

Portugal has emerged as a haven for the global crypto community, thanks to its progressive policies and tax-friendly attitude towards…

Read More How to buy property with crypto in Portugal?Continue

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Company name: Novomove OÜ
Registry code: 16576417
VAT No. EE102786730
Registered Address: KAUPMEHE TN 7-120,
TALLINN, 10114, Estonia

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Novomove is not a bank, accountant, tax/investment advisor, or law firm. We serve as an intermediary, streamlining your access to accredited financial and legal professionals for your relocation in Europe.

© 2025 NOVOMOVE.COM | All rights reserved.

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Requesting a NIF for a minor under the age of 18?

See the additional requirements below:
  • Birth certificate or Adoption certificate of minor
  • Copy of first parent's passport
  • Copy of second parent's passport

Were you born in Portugal or hold Portuguese citizenship?

You will need to provide a copy of your Portuguese birth certificate or your Citizen Card (Portuguese: Cartão de cidadão).

What can I use as Proof of Address?

When ordering your NIF, you will need to provide proof of address that satisfies the following criteria:

Address

  • Must be a residential address outside of Portugal
  • Must match the "Residential Address" submitted in the intake form
  • P.O. boxes and business addresses are not accepted

Name

If purchasing NIF only
  • First name and surname on your Proof of Address must match your passport exactly
  • For example, say that the name on your passport is "John Apple Smith"
  • ✅ John Apple Smith
  • ✅ John A Smith
  • ✅ John Smith
  • ❌ J Smith
  • ❌ Johnny Smith
  • ❌ Any other variations
If purchasing NIF and Bank
  • The bank requirements for Proof of Address are stricter than the NIF requirements. Because of this, the full name on your Proof of Address must match your passport exactly, otherwise, it will be rejected.
  • For example, say that the name on your passport is "John Apple Smith"
  • ✅ John Apple Smith
  • ❌ John A Smith
  • ❌ John Smith
  • ❌ J Smith
  • ❌ Johnny Smith
  • ❌ Any other variations

Document language

If purchasing NIF only
  • If the document is not written in the Roman alphabet, you need to provide an English translation. The translated document needs to be certified.
If purchasing NIF and Bank*
  • The document must be in English, Portuguese, Spanish, Italian, or French.
  • If your Proof of Address is not in any of the languages above, please provided a translation to English. This translation needs to be certified.
  • For customers from the Schengen area: Documents can be certified by a lawyer or a notary outside of Portugal.
  • For customers from other countries or residents outside the Schengen Area: Documents can only be certified by an authorized entity (Portuguese Consulate/Embassy or any other entities with the Hague Apostille).
*Schengen Areas:
Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.
Image quality
  • Text is legible
  • No shadows
  • No light reflections
  • All four corners of the document are visible
Acceptable Documents
Any of the following documents are acceptable:
1.Driver’s license
  • Must be valid (i.e. not expired)
  • Provide photos of both the front and back
  • Residential address must be visible
  • Expiration date must be visible
2. First page of bank statement
  • Issue date must be visible
  • Issued within the past 3 months
  • Must be an actual bank statement. Other documents from the bank (e.g. confirmation letter or bank certificate) will not be accepted.
Utility bill
  • Issue date must be visible
  • Issued within the past 3 months
  • Can be from any of the following providers: electricity, water, mobile sim, internet, cable, etc
For Minors
If requesting a NIF on behalf of a minor, please include a proof of address of one of the minor’s parents.

What does your 'No Win, No Fee' Guarantee mean?

In the event that we’re unable to successfully open your bank account, we implement our ‘No Win, No Fee’ Guarantee.
This means we will refund 50% of the total service cost, which equates to the Success Fee.

Service Fee Structure

Process Fee: 50% of the total payment, this fee covers the administrative tasks and processes involved in submitting your application.
Success Fee: The remaining 50% of the total payment, this fee is charged for the successful opening of your bank account.
It’s important to clarify that this guarantee does not cover any potential initial deposit or the bank’s recurring monthly fees.
Our guarantee ensures that if we don’t succeed in our primary service – opening your bank account – you aren’t charged the full service fee.
This policy showcases our confidence in our services and our dedication to customer satisfaction.
This is an example of a NISS pdf we provided to a client from the U.K.

Please note that name and address have been edited for privacy purposes.

This is an example of a NISS document we provided to a client.

Please note that name and address have been edited for privacy purposes.

Requesting a NIF for a minor under the age of 18?

See the additional requirements below:

  • Birth certificate or Adoption certificate of minor
  • Copy of first parent’s passport
  • Copy of second parent’s passport

Were you born in Portugal or hold Portuguese citizenship?

You will need to provide a copy of your Portuguese birth certificate or your Citizen Card (Portuguese: Cartão de cidadão).

  • Services
    • Portugal NIF
    • Novomove NIF vs Others
    • Open Portugal Bank Account for Non-Residents
    • Appoint a Trusted Tax Representative
    • NIF address update
    • Best Tax Consultation in Portugal
    • Best Immigration Consultation in Portugal
    • Portuguese Birth Certificate
    • Visa Dossier Review
    • Portuguese Lease Review
  • Visas
    • Portugal D7 Visa Assistance
    • Portugal D8 Digital Nomad Visa Assistance
  • Pricing
  • FAQs
    • Guides
  • About Us
    • Contact Us
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