Work & taxes

Check digital-nomad, employment, family or study routes. Evidence of foreign activity and income is not permission for local work.

Digital-nomad temporary residence. Up to 1 year, renewable

Foreign-company employees, freelancers, local employees and owner-directors are different legal scenarios. Company registration does not automatically authorize personally working for that company.

Tax residence

Temporary stays without employment: generally the 184th day within 12 months; employment or permanent status can trigger residence earlier.

Rates & limitations

The 2026 top IRPF rate is 27.5%. Deductions and reductions matter; the top rate is not the effective rate.

• Passport and immigration-status evidence; local identification number if required.
• Address evidence: lease, registration or utility bill as specified by the chosen bank.
• Tax IDs and tax-residence countries; CRS/FATCA self-certification when requested.
• Regular income evidence: employment contract and recent payslips, or freelance agreements, invoices and statements.
• Origin of savings: statement trail, property sale or inheritance records. For crypto, keep purchase, trade and withdrawal history—not just a wallet balance.

CPF, bank onboarding and tax residence are separate processes. Check each against your status. This is a preparation pack, not an account-opening guarantee.

Before buying a business, separately verify debt, licenses, staff, lease, accounts and your residence basis. A purchase agreement does not replace immigration approval. When networking, check the legal entity and counterpart's track record before transferring funds.