Currently it is possible to have a bank account in April despite not having a residence in Portugal.

By the provisions of Banco de Portugal Notice nr. 11/2005, this regulates the general conditions for opening bank deposit accounts.

In order to open a deposit account for non-residents in Portugal, it is always required to present a valid identification document, which must contain a photograph and signature of the holder, and must have been issued by a competent public authority.

When opening deposit accounts, in the case of natural persons, elements such as name, signature, date of birth, place of birth and nationality must be collected and verified by presenting the passport, identity card or equivalent document.

In relation to legal persons who want to open deposit accounts in Portugal Corporate name, Object, Headquarters address, Legal person identification number (can be confirmed by means of a document equivalent to the identification card issued by the National Register of Legal Persons), Identity of the holders of holdings in the capital and voting rights of the legal person of an amount equal to or greater than 25%, Identity of the holders of the management bodies of the legal person.

The nr. 2 of article 4 of Decree-Law no. 295/2003, of 21 November, distinguishes between the concepts of resident and non-resident.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.