What can I use as proof of income for Novobanco?

In order to open a bank account with Novobanco, you need to meet the monthly income requirement of at least €3,500 EUR.

The type of proof of income document(s) that you need to submit depends on your current employment status. Please see the table below for more details.

Employment Status	Required Documents
Employed	You must provide all of the following: Latest income tax return Paystub(s) showing 1 month's worth of income Issued within the past 3 months W2 Form for US citizens and residents
Self-Employed / Freelancer Works as an independent contractor or on a freelance basis	You must provide all of the following: Latest full income tax return (including the schedule forms) Proof of services provided Letters or contracts from clients amounting to monthly income requirement What can I use as proof of services provided? Proof of payments made by clients Bank statements showing payments received Document showing that payment has been made What can I use as proof of payments from clients?
Business Owner Owns a registered company (e.g., LLC, Corporation)	You must provide all of the following: Latest full income tax return (including the schedule forms) Proof of job title as business owner Paystub / Annual Report / Government Issued Letter Issued within the past 3 months Please note that documents indicating "company owner" as the job title are not accepted. What can I use as proof of job title as business owner?
Retired	Latest income tax return Pension or social security statement showing 1 month worth of payment Issued within the past 3 months)
Housewife / Househusband	This status is only allowed if you are applying for a joint account and the other account holder meets the monthly income requirement of €3,500 EUR. No additional documentation is required.

Please note that the bank may request additional supporting documents during the review process, as they handle accounts on a case-by-case basis.

Requirements

Your document must satisfy the following criteria:

Monthly Income Requirement
- Documents must demonstrate monthly income of at least €3,500 EUR
- Income must be in a currency that is recognized by the Bank of Portugal
- At least one account holder must meet the monthly income requirement. The bank does not allow combined incomes to fulfill this requirement
Information
- Full name (given name + surname) must match the name on your passport
- Income details should be visible and not blacked out (e.g. salary, account balances, etc)
Image Quality
- Text is legible
- No shadows
- No light reflections
- All four corners of the document are visible
Document Language
- Must be in English, Portuguese, Spanish, or French
- If your Proof of Address is not in any of the languages above, please refer to this guide - What if my document is not in a supported language?