What can I use as Proof of Income?
When ordering our remote bank account service, you will need to submit a proof of income document in order to open your bank account. Depending on your employment status, the acceptable documents can vary. Please see the table below for more details.
Employment Status |
Acceptable Documents |
Employed |
Either of the following:
- Paystub (issued within the past 3 months)
- No information should be blacked out
- Statement of employment issued by the company written on company letterhead (issued within the past 6 months). The document must have the following information:
- Company name
- Your occupation/role
- Salary details
- Hiring date
- Date of issue
- Must be signed by the company's authorized personnel (HR, Manager, Founders)
|
Self-Employed |
Latest income tax statement |
Investor / Property Owner |
Either of the following:
- Signed rental agreement(s) + proof of deposits
- Financial statements that show your investments (issued within the past 6 months)
- Note: You may black out your account number and leave the last 4 digits
- Latest income tax statement
|
Student
|
Either of the following:
- Valid student identity card
- Proof of enrollment (issued within the past 3 months)
|
Unemployed |
Either of the following:
- Unemployment verification letter issued by the employment office (issued within the past 3 months)
- Bank statement (issued within the past 3 months)
- Note:
- For D7 visa applicants, bank statement must have a minimum amount of 9,000 EUR
- You may black out your account number and leave the last 4 digits
|
Housewife / Househusband / Lives Off Assets
|
Either of the following:
- Bank statement (issued within the past 3 months)
- Note:
- For D7 visa applicants, bank statement must have a minimum amount of 9,000 EUR
- You may black out your account number and leave the last 4 digits
- Latest income tax statement
|
Retired
|
Either of the following:
- Pension statement (issued within the past 3 months)
- Bank statement (issued within the past 3 months)
- Note:
- For D7 visa applicants, bank statement must have a minimum amount of 9,000 EUR.
- You may black out your account number and leave the last 4 digits
- Government retirement verification letter (issued within the past 3 months)
|
General requirements for any document
Your document must satisfy the following criteria:
- Your full name (given name + surname) must match the name on your passport
- All four corners of the document are visible
- Text is clearly legible without any blurriness
- The image does not have any shadows or light reflections
- Details should be visible and not blacked out (e.g. salary, account balances, etc)
- Document is written in one of these languages: English, Portuguese, Spanish, French or Italian. What if my proof of income document is not written in a supported language?
- Income must be issued to you in a currency that is recognized by the Bank of Portugal.