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Guide to Buying a House in Portugal

To buy a house in Portugal, get a NIF, open a bank account, and consider legal advice. Research prices, sign a promissory contract, and complete the deed. Financing options are available. The NHR and Golden Visa programs offer tax and residency benefits.

NIF Application

The NIF is a tax ID required in Portugal, with different processes for EU/EEA and non-EU residents. EU residents need ID and proof of address. Non-EU residents need additional documents and a fiscal representative.

Cryptocurrency in Portugal

Portugal’s 2023 budget includes taxation on cryptocurrency. Income from mining, staking, and trading is taxed differently. Gains from crypto held over 365 days are tax-exempt. Losses can offset future gains. An “Exit Tax” applies if leaving Portugal.