Opening a Spanish Bank Account
I it possible to open bank account in Spain before permanent residence. I currently live in New York City (US/EU dual citizen).
Planning on relocating to Spain and will be going for short-term visit in a few months to check out the ins and outs of long-term rentals. Figured that having a Spanish bank account may be helpful in the future (I currently have a US and UK accounts.) Thanks for your help. Sandra |
Re: Minimum income
MY APOLOGIES. MY MISTAKE. THIS WAS MEANT TO BE A NEW POST.
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Re: Minimum income
No problem...I have moved your post into a new thread. :)
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Re: Opening a Spanish Bank Account
Originally Posted by SandraSP
(Post 12318818)
I it possible to open bank account in Spain before permanent residence. I currently live in New York City (US/EU dual citizen).
Planning on relocating to Spain and will be going for short-term visit in a few months to check out the ins and outs of long-term rentals. Figured that having a Spanish bank account may be helpful in the future (I currently have a US and UK accounts.) Thanks for your help. Sandra Hi Sandra, You are able to open a non-resident bank account in Spain. When I opened my non-resident account in 2014 all I needed was my passport and a recent utility bill (plus some cash) There were loads of paperwork to sign and photocopying done and that was it.....done. Steve |
Re: Opening a Spanish Bank Account
Thanks, Steve, this is very helpful.
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Re: Opening a Spanish Bank Account
Sandra one addition the bank have to certify to Spanish authorities every 2 years that you still retain non residency status there is a fee for that around 30 euros per account holder. Just so you are aware.
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Re: Opening a Spanish Bank Account
Originally Posted by bobd22
(Post 12319384)
Sandra one addition the bank have to certify to Spanish authorities every 2 years that you still retain non residency status there is a fee for that around 30 euros per account holder. Just so you are aware.
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Re: Opening a Spanish Bank Account
Yes I was just making op aware that there is this ongoing cost apart from any banking charges.
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Re: Opening a Spanish Bank Account
Originally Posted by bobd22
(Post 12319384)
Sandra one addition the bank have to certify to Spanish authorities every 2 years that you still retain non residency status there is a fee for that around 30 euros per account holder. Just so you are aware.
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Re: Opening a Spanish Bank Account
I have had a non-resident bank account in Spain (with two different banks) for 10 years and I have never had to prove non-resident status nor pay any fee. I have had to re-prove my identity every 3 years but that has been a formality and attracted no fee.
I wonder if it depends upon which bank you use? |
Re: Opening a Spanish Bank Account
Originally Posted by MikeJ
(Post 12319600)
I have had a non-resident bank account in Spain (with two different banks) for 10 years and I have never had to prove non-resident status nor pay any fee. I have had to re-prove my identity every 3 years but that has been a formality and attracted no fee.
I wonder if it depends upon which bank you use? |
Re: Opening a Spanish Bank Account
Are there any particular banks you would recommend, and more importantly, ones that you would stay away from? Sandra
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Re: Opening a Spanish Bank Account
We are non-resident and have the BBVA Online Account. There are no fees and you can get the website in English. We've had it for several years and have been very happy with it.
- Eric S. |
Re: Opening a Spanish Bank Account
Have just checked the BBVA online and it seems that this would be ideal. They also have a physical location in the center of Alicante. Thank you for this.
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Re: Opening a Spanish Bank Account
Hi,
Is this for none residents? I note on the application form it asks, date of residency! I'd be interested in this account if it was for none residents. Do none residents say they are resident and continue with the application. (I've been with sabadellcam for years and get charged for everything). Thanks Lic |
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