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What can I use as Proof of Income or Financial Means?
What can I use as Proof of Income or Financial Means?
Updated over 7 months ago

What can I use as a Proof of Income?

It depends on your employment/income status.

Documents must always present the following characteristics:

  • Your FULL NAME (given names + middle names [if applicable] + last names), matching documents provided (e.g. Passport);

  • All four corners of the document must be visible;

  • Text must be clear, visible and legible;

  • No shadows and/or light reflections;

  • Sensitive data, such as salary, account balances, must NOT be blacked out;

Be presented in the Roman alphabet, in the following languages: English or Portuguese (for more information see below).

General note:

The idea is to prove to the bank that you have stable income or assets, do not hesitate to send as many documents as possible, this will prevent the bank from coming back to you to ask for other documents.

Required Documents Based on Employment Status

See the list of required documents based on your employment status:

If you are Employed

  • Pay stubs/slips

  • Company letter/employment contract with the following information:

    • Company name

    • Your occupation/role

    • Salary details

    • Hiring date

    • Date of issue

    • Company stamp/seal with signature

If you are Self-Employed

  • Proof of registration as Freelancer or Company

  • Most recent tax return

  • Letter from Business Partner/Client/Accountant indicating your ownership, containing:

    • Written on official letterhead

    • Your company/organisation name

    • Role or services you provide

    • Date of issue

    • Business Partner/Client's company name with stamp/seal and signature

    • Salary details or Percentage of shares (if owner).

For joint bank account applications of business partners, a client's letter must be provided.

If you are an Investor or Property Owner

  • Latest income tax statement (Account number can be blacked out, except for the last 4 digits).

  • Bank statement (issued within the last 3 months)

  • Signed rental(s) agreement(s) + proof of security deposit, or

  • Financial statements with investments (issued within the last 6 months)

If you are Retired

  • Most recent tax return

  • Pension statement, or

  • Bank statement (issued within the last 3 months), or

  • Government retirement verification letter

For D7 Visa applicants: Bank statements must have a minimum balance of 9,000€ (Account number can be blacked out, except for the last 4 digits).


If you are a Student

  • Bank statement (issued within the last 3 months)

  • Valid Student student identity card, or

  • Proof of enrollment (issued within the last 3 months).

If you are Unemployed

  • Most recent tax return

  • Bank statement (issued within the last 3 months)

  • Unemployment verification letter issued by the employment office/government.

For D7 Visa applicants: Bank statements must have a minimum balance of 9,000€ (Account number can be blacked out, except for the last 4 digits).

If you are a House Spouse or Live off Assets

  • Most recent tax return

  • Bank statement (issued within the last 3 months)

For D7 Visa applicants: Bank statements must have a minimum balance of 9,000€ (Account number can be blacked out, except for the last 4 digits).

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