Where should I setup a bank account in Portugal?
We asked expats in Portugal what banks they use and there advice about banking. They advised...
"Before retiring in Portugal, expats should be aware of the different residency options. Depending on nationality, length of stay, and whether the individual is self-sufficient, a different visa may be required. Expats should also familiarize themselves with the cost of living, which can be higher than other European countries. Additionally, expats should plan for healthcare expenses, as private health insurance is often recommended. Those planning to stay for more than 90 days will need to register with the local town hall, similar to registering with the police in other countries. Finally, expats should research their preferred destinations and get to know the local culture to ensure a successful transition," wrote a member who made the move to Portugal.
VRBO Vacation RentalsLearn More
With over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.
VRBO Vacation RentalsWith over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.
Learn More
Other Questions:
- What should I pack when moving to Portugal?
- Where should I setup a bank account in Portugal?
- Will I be able to find a job in Portugal?
- What is life like in Portugal?
- What do expats in Portugal appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Portugal?
- Is there a lot of diversity? Are people in Portugal accepting of differences?
- What are the schools in Portugal like?
- What are healthcare services like in Portugal?
- What are medical services in Portugal like?
- Are healthcare and health insurance expensive in Portugal?
- What are emergency services like in Portugal?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Portugal?
- How are local medical facilities in Portugal?
- As a foreigner living in Portugal, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in Portugal?
If you live in Portugal, newcomers to Portugal would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of InternationalTravel.ai and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and InternationalTravel.ai, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

