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E-residence helps digital nomads and entrepreneurs who wish to establish and run their businesses remotely in Europe. Nomad Visas, Freelance Visas, Company creation, accounting services, bank account creation, and much more are among the services they provide. They not only provide these services, but they also accept cryptocurrencies as payment through Coinbase.
Smartline GmbH is situated in Vienna, Austria, and runs the e-residence. They provide online e-residency services to anyone who desires to live in Portugal or start a company there. They help register Portuguese taxpayer numbers (NIF), people who are self-employed or entrepreneurs, corporations, legal addresses, bank accounts, and NHR status.
Through the identification and verification of a non-resident citizen or firm, the e-Residency program combines the ability to assign a digital identity and access to professional and corporate activity in Portugal, as well as access to Portuguese online public services.
They always guarantee their terms for NIF, and if they don't do it in time, they guarantee a refund.
If their client applies for 10 days and they have the possibility to do it in 3 days, they do that in 3 days and provide for the client; they never wait the full time to provide NIF.
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Portugal bank account
e-residence provides opening a Portuguese bank account remotely or in person
Remote (Novo Banco), from 3 weeks
In-person (Novo Banco, Millennium, Caixa Geral), from 3 days
Price €290
There is no estimated time because every process is individual, and based on the provided documents, this is always faster for EU citizens than outsiders. Most of the time, it takes KYC checks, and there is no way to speed them up or affect them.
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Portuguese bank account with E-residence
Representation
e-residence offers 5 day representation for €89
for people who are looking for a local representative. Following Brexit, anyone who was a tax resident in Portugal and now wishes to leave should do so.
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Frequently ask Questions
Is e-residence a trustworthy service?
Yes, e-residence is trustworthy, which is reflected in its Trustpilot score. Currently, its Trustpilot score is 4.8 from over 505 reviews. Its services include NIFs, opening bank accounts, setting up an EU company, the NHR tax regime, the Golden Visa, the D7 Visa, the D2 Visa, accounting services, and much more.
How Long Does It Take e-Residence to Process a NIF?
In most cases, e-residence processes your NIF within 1-3 days, but there are some external factors beyond its control. These factors may delay the process for a bit longer. For instance, there have been cases when clients have waited up to 3–4 weeks because of a delay at the AT office.
Does a NIF ever expire?
No, a NIF number is for life. So, once you receive a NIF, you don’t have to worry about it expiring.
How much does a NIF cost with e-residence?
The cost of a NIF online with e-residence is 150 euros with one year of tax representation. However, if you need to renew your tax representation, the fee will rise by €99 per year.
How much does the NHR cost with e-residence?
The current cost of NHR is 500 euros, and it takes around 5 days to a week.
Ana has worked in many startups and moved to a few countries, which led her to create MovingTo. She believes that remote work is a growing trend that is here to stay and that digital nomads will move to countries that have more to offer than the ones you were born into. She mostly writes opinion pieces for MovingTo.
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