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Author: oddhack   😊 😞
Number: of 314 
Subject: EU investment barriers
Date: 10/21/25 12:19 PM
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My Portuguese bank (Novobanco) said they could not offer any interest-bearing or investment options until I was a resident. Now that my residency card is issued and I'm a PT tax resident, they're saying they cannot offer anything but term deposits because I file a US tax return.

Is this a widespread issue for US expats, or is Novobanco just being very restrictive? Any suggestions for functional EU brokerages that would let me actually invest here?
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