Banking

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 >>