Mortgage in Portugal for Non-Residents and Americans (2026 Guide)

Non-residents, including Americans, can get a Portuguese mortgage — most banks finance 60–70%.

By Rafael Fonseca, credit intermediary (Banco de Portugal no. 4525) · Updated October 2026

Key numbers

60–70%

What most banks finance for non-residents.

Up to 40 years

Loan term, depending on age.

30–40%

Typical deposit, plus purchase costs.

BdP 4525

Registered credit intermediary.

How it works

1. Free video call

We review your profile.

2. We compare banks

We compare mortgage offers.

3. Approval to deed

We support you until the deed.

Why Rafael

  • 5.0 on Google · 66 reviews.
  • Economist / MBA in Finance, 30 years in finance.
  • In Portugal since 2017.
  • English, Spanish, Portuguese.

Questions

Can a non-resident get a mortgage in Portugal?

Yes. Non-residents, including Americans, can apply for a mortgage from a Portuguese bank. Approval is subject to the bank’s assessment and criteria.

How much can I borrow as a non-resident?

Most Portuguese banks finance 60–70% of the property value for non-residents. The exact amount depends on the bank’s assessment and your case.

Can I use my US income to get a Portuguese mortgage?

Yes. Portuguese banks can assess income earned in the United States, including income paid in US dollars. They review your income, debts, and credit history, and documents may need to be translated when necessary.

Do I need to live in Portugal or have a NIF?

You do not need to live in Portugal to apply as a non-resident. The process includes obtaining a Portuguese tax number (NIF) and a Portuguese bank account.

How long does mortgage approval take in Portugal?

It usually takes several weeks. The timing depends on the bank and on whether all the required documents are ready.

How much does a mortgage broker cost?

The first consultation is free. Any fee is explained in writing before you commit.

Documents you will usually need
  • Passport
  • Portuguese tax number (NIF)
  • Proof of address
  • Recent payslips or, if self-employed, tax returns
  • Last tax return
  • Bank statements from the last few months
  • Credit report from your country, when available
  • Employment contract or proof of income
  • Details of existing loans

The exact list depends on the bank.

What can slow your approval

  • Deposit below 30%.
  • Purchase costs not planned (IMT, stamp duty 0.8% + 0.6%, notary, valuation).
  • Foreign income and currency (banks may apply a margin on non-euro income).
  • Life and home insurance required by the bank.
  • Existing debts.

Talk to Rafael

Contact 2

Sources: Banco de Portugal and Portal das Finanças.

Mortgage approval is subject to each bank’s assessment and criteria. Rafael Fonseca is a credit intermediary registered with Banco de Portugal under no. 4525.