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You are here: Home / *BLOG / Around the Web / The Basics of the e-Residency Program in Portugal

The Basics of the e-Residency Program in Portugal

June 30, 2022 By GISuser

Have you ever heard of the Portugal e-Residency program? If you are about to answer “yes”, then the topic is relevant to you. So, let’s get deeper into it!

Considering What the Program’s Key Idea Is

Those who become the participants of this program have an opportunity to open a company in Portugal. This means that you will be able to start it from anywhere in the world (online) and accept online payments through various providers. It turns out to be really convenient for many people.

One more cool aspect of the program is that e-residents will be able to take advantage of the business and personal banking services as well as health ones.

It is going to be accessible for those who can call themselves non-EU/EEA citizens. The program is especially relevant for:

  • Freelancers;
  • Digital nomads;
  • Entrepreneurs.

If you want to look through the list of the additional benefits you can get by means of e-Residency, let’s look through them too:

  • Exploring new ways that will help to grow the business you are involved in;
  • Connecting with e-residents from other countries all over the globe;
  • Establishing cooperation with the service providers in the worldwide marketplace;
  • Dealing with the documents digitally which includes signing, encrypting them, and much more than this.

Applying for e-Residency

We bet that you are interested in the process of applying for e-Residency. So, let’s deal with all the details you should be aware of carefully. We are going to describe the sequence of actions in case you make a decision to do everything with the help of real professionals. By the way, such an option is going to be easier and will be linked to less stress.

The first and foremost step is getting all the necessary documents ready. The list of them is not as big as you might have thought it to be. It consists of two basic parts: the scan of your passport and a proof of address. Note that a scan has to be of nice quality. As for the proof of address, it might be a bank statement.

Once the documents are ready, it’s time to get to submitting the application. It does not take much time but you should note that you will have to pay a processing fee.

Then, there is verification of identity and signing of the Power of Attorney. All of this is going to lead you to receive a NIF. In case you already have it, it will be extremely easy to open a company in Portugal. By the way, it won’t take much time either.

Should You Try to Apply for e-Residency Yourself?

There is nothing wrong with making an attempt to arrange this on your own. However, there is a problem. Foreigners are normally not aware of the peculiarities of Portuguese law and do not know how to behave in order to speed up everything. That is why the professional assistance turns out to be more than relevant.

What is more, you won’t have to bother about anything if you ask for expert help. You will just be expecting to experience the results, and they will surely be positive. 

Do not worry about the cost. It is real to find a trustworthy company that will help you to do everything at an adequate price. Anyway, you are going to be confident of the outcome and will be able to work on the details of growing your business in Portugal.

So, we wish you the best of luck in applying for e-Residency and making the right decisions!

 

Filed Under: Around the Web

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