Published: 06.08.2026
The source states that Russian nationals without a residence permit or permanent residence in the EU are subject to a EUR 100,000 aggregate balance limit per EU bank. According to the source, the limit no longer applies after obtaining a Portuguese residence permit.
According to the source, the restriction is linked to the EU sanctions regime and directly affects how funds can be held before EU residence status is obtained. A person relocating from Russia may need to plan the placement of funds and account for the timing of Portuguese residence approval. The source says the banking position changes after a Portuguese residence permit is issued. This is especially relevant to investors, property buyers and applicants who must demonstrate sufficient funds for an immigration route.