Expert Info

Posted by
on 2 Dec 2011
What's the difference between a non-resident and a resident bank account in Spain, and what documents will I need for each. If I'm an EU citizen (British) do I automatically qualify for a non-resident account?
Anonymous (not verified) on 6 Dec 2011 - 11:18
Hi there, Non-resident are less taxed. You are a non-resident when within a fiscal year you live less than 6 months in Spain, or still did not obtain a NIE or Residencia. More details in my article "Resident or Non-resident": http://moving2madrid.com/2011/11/expat-tips-tax-spain-madrid/ (copy and paste in your address bar). For all the details about obtaining the best non-resident or resident bank accounts, I recommend you read my detailed post: http://moving2madrid.com/2011/11/best-bank-account-madrid/ (copy and paste in your address bar). If you have any other question, do not hesitate contact me at [email protected]. All the best, Pierre

Expat Health Insurance

Cigna Health Insurance

Offer Extended! Save 10% For Life on Cigna Global Health Insurance

Offer extended until 31st December! Moving your family abroad is an exciting time, but for peace of mind, ensure you get health insurance. Insure with Cigna Healthcare before December 31st, 2025, and benefit from 10% off for the lifetime of your policy. Cigna Global Health Insurance gives you access to the best health professionals and includes a Multilingual Customer Care team you can call 24/7. Your discount lasts as long as your policy does!

Get a Free Quote Now

Moving Internationally?

Sirelo logo

International Movers. Get Quotes. Compare Prices.

Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.

Get your free no-obligation quotes from select removal companies now!