Anyone moving to Portugal must apply for the Número de Indentificação Fiscal (NIF). An NIF number is required for a number of actions: to buy a house or car; when receiving income from work or business.
Applications for an NIF number can be made by tourists or residents at the local Tax Office (finanças), on presentation of a valid passport. The NIF will be issued at the initial application and a document with the number will be given to the applicant. The tax number will be used for all business transactions, buying and selling property and will appear on all tax returns.
Looking for an international business opportunity? Why not run an AngloINFO site?
AngloINFO is growing fast and is looking for the right people to take on regional AngloINFO franchises around the world - click here to find out more!
AngloINFO Franchising: Be your own boss - where you want to be!