Advices

Advice #231

How to get a residence permit in Portugal?

First of all, any foreigner planning to live in Portugal for more than three months must obtain a resident card (Autorização de Residência). It is issued by the Department of Immigration at the Portuguese Ministry of Foreign Affairs on the basis of confirmation of the need for a long stay in the country (establishment of the company is just such basis). After receiving this card, it is already possible to...

Portugal 
24 July 2015 2634
Advice #230

How to get a mortgage in Portugal?

The foreigners can expect to obtain a loan repaying 80% of the cost of purchased housing. Customers without resident status (including the Russian citizens) will have to pay about 5% per annum on a mortgage. The loan is provided for up to 30 years. Early repayment of the loan in the amount of 25% is not subject to a penalty. For amounts in excess of 25%, you will have to pay a penalty of 3%. One of the...

Portugal 
24 July 2015 2643
Advice #229

How to issue a debit card in Portugal?

The Portuguese banks issue the debit cards free of charge within a few days after opening the account. You can pick them up in person at a bank department or order a home delivery. Before you will need to spend a lot of time to choose which card to tie to the account. Formally, all types of debit cards are issued in Portugal, but service packages tied to them are extremely various. Local banks are willing...

Portugal 
24 July 2015 2452
Advice #228

How to open an account in Portugal?

To open an account in a Portuguese bank, a foreigner must first obtain the resident status. You will not be opened the account without it, as well as without a minimum deposit (EUR 100) .The package of documents for opening the account includes a passport, completed application form (Identificação de Títulares e Ficha de Assinaturas), individual tax number, resident card (Cartão...

Portugal 
24 July 2015 3612
Advice #227

How to choose a bank in Portugal?

The main lending institution in Portugal is the State Savings Bank (Caixa Geral de Depósitos). In total, the country has two of the most common types of banks - clearing and savings. The major banking groups include Portugal Banco Commercial Portuguese, Champalimaud Group and Banco Espiríto Santo. Foreign banks present in Portugal - Barclays, Citibank, Deutsch Bank and Rheinhyp have the most departments  -...

Portugal 
24 July 2015 3107
Advice #226

What to do if your wallet or purse with cash and cards has been stolen in Europe?

So the quest for a visa has been done - tickets to Europe have been purchased. Hooray! We hope the material from Banks.eu, dedicated to all the details of this quite complicated process was helpful in this. But getting a visa, Schengen or national, single- or multi-entry, it is in every sense only the beginning of your journey, which can be full of other obstacles as well. What to do if your wallet or...

Austria 
Albania 
Andorra 
Belgium 
Bulgaria 
bosniya-i-gertsegovina 
UnitedKingdom 
Hungary 
germany 
Greece 
Denmark 
Ireland 
Iceland 
Spain 
Italy 
 
Latvia 
Lithuania 
Liechtenstein 
Luxembourg 
Malta 
Monaco 
Netherlands 
Norway 
Poland 
Portugal 
Republic of Macedonia 
respublika-serbskaya-bosniya-i-gertsegovina 
Romania 
San Marino 
serbia 
slovakia 
Slovenia 
Finland 
24 July 2015 7549
Advice #225

How to apply a visa in Europe

Europe is one of the most popular tourist destinations for Russians tourists. Just for the last year, 5.7 million citizens of Russia visited the European Union, and in general according to the Central Bank data, the Russians spent on foreign travels about $50.3 billion. There are a lot of questions about visa receiving for a trip to Europe, including: what kind of visa, how to apply the visa and how much is...

Austria 
Albania 
Andorra 
Belgium 
Bulgaria 
bosniya-i-gertsegovina 
UnitedKingdom 
Hungary 
germany 
Greece 
Denmark 
Ireland 
Iceland 
Spain 
Italy 
 
Latvia 
Lithuania 
Liechtenstein 
Luxembourg 
Malta 
Monaco 
Netherlands 
Norway 
Poland 
Portugal 
Republic of Macedonia 
respublika-serbskaya-bosniya-i-gertsegovina 
Romania 
San Marino 
serbia 
slovakia 
Slovenia 
Finland 
23 July 2015 16149
Advice #224

Let's return to the question about Due Diligence. Part 3 What to do?

If after responses, mentioned above, the questioner persisted: “And yet, where to find the most “incurious Bank”?”, then we offer to consider the financial institutions of the following countries:Libya, Cuba, Nigeria, possibly Zimbabwe, well, and of course, North Korea. But there you will be asking quite different questions…Well, if you (temporarily) give up the ironic idea...

Austria 
Andorra 
Belgium 
UnitedKingdom 
Denmark 
Italy 
Liechtenstein 
Luxembourg 
Netherlands 
Switzerland 
17 August 2015 2629
Advice #223

Let's return to the question about Due Diligence. Part 2 FATF group and short history about anti-money laundering

It began long before the terrorist attacks on September, 11 - in 1989, when the FATF group (Financial Action Task Force on Money-Laundering) was created. It is an intergovernmental organization, whose aim is the development of standards against money laundering and financing of terrorism both nationally and internationally.The activity of this organization has become a major driving force of this struggle....

Austria 
Andorra 
Belgium 
UnitedKingdom 
Denmark 
Italy 
Liechtenstein 
Luxembourg 
Netherlands 
Switzerland 
17 August 2015 2714
Advice #222

Let's return to the question about Due Diligence. Part 1 Banking secrecy as a ticket to commercial success

Perhaps one of the most popular questions that we hear for the last 12 years of our practice, sounds as follows: "Which bank, for the present day, does not ask questions when opening an account and in its further applications?" And now, for the last 3 years, we always answer like this: "No miracle happened! No! ".Why are we so adamant? And what has made us to come to such conclusion? Let's try to imagine...

Austria 
Andorra 
Belgium 
UnitedKingdom 
Denmark 
Italy 
Liechtenstein 
Luxembourg 
Netherlands 
Switzerland 
17 August 2015 2703

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Have your own method for choosing a bank? Know the best way to open a bank account, get a loan, establish a company or make money-transfer to another country? Share your expertise with other users!

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