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If you live here you will need a bank account to pay your bills, Telephone,
Electricity, Water, etc.
To have a bank account you will need a NIE, this is a sort of a foreigners registration
number. With that you are on the books - you exist in their records.
If you are a frequent visitor and even intend to get established here sooner or
later you would do good to open a bank account.
A business relationship with a bank which existed troublefree for years will count in
your favour when you need a loan or a mortgage.
- get a NIE
- open an account
- if your dealings are more locally you will be good with Caja Canarias - their charges
are no so ---
- find out all the bennefits offered by banks such as internet access and etc.
Of course all transactions over and above a certain sum will be tracked by the tax
offices on both sides

For any suggestion, question or recommendation please
contact us - click here >>
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