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Thread: Moving to Spain

  1. #1
    Join Date
    Oct 2009
    Posts
    82

    Default Moving to Spain

    My wife and I are putting our uk home up for sale and retireing to the Playa Flamenca area using long term rental, we have already had two three month breaks there so have no doubts but I want to get an NIE and open a Spanish bank account as once the house sells we will only have four weeks to sort everything out. Can an NIE be obtained in the UK before you sign a rental agreement and can anyone recomend a UK bank that has links with a Spanish bank which would make money transfer easier.

    Thank you.

  2. #2
    Join Date
    Jul 2008
    Location
    La Siesta Torrevieja
    Posts
    25

    Default Bank Account

    I would suggest opening an account with Santander in the uk then this is usable in spain makes transfers easy

  3. #3
    Join Date
    Oct 2009
    Posts
    82

    Default

    Thank you Gallows, does that mean I open an account here in the UK to have my works and state pension paid into and then open a further account in Spain?

  4. #4
    Join Date
    Jul 2008
    Location
    La Siesta Torrevieja
    Posts
    25

    Default Move to Spain

    You open an acoount in the uk with Santander then when you get to Spain you can go into any Santander bank in spain to make withdrawals pay in pay bills etc without inccouring charges.

    Also the Halifax do the same open account in uk and deal with Banco Halifax Hispania only problem with Halifax there isnt that many branches at the moment.

  5. #5
    Join Date
    Oct 2009
    Posts
    82

    Default

    Thanks for that I'll be off to the local branch in the morning.

  6. #6
    Join Date
    Aug 2008
    Location
    I'm here in Spain
    Posts
    487

    Default

    As for NIE you need to contact the Spanish Consulate in London they will be able to give you the advice/information/forms you need, you can open a bank in Spain & get your pensions paid directly into it no problems with transfers and you get the commercial rate of the transfer date.
    Last edited by GAL; 11-07-2011 at 07:54 AM. Reason: addition

  7. #7
    Join Date
    Oct 2009
    Posts
    82

    Default

    Thanks Gal your advise is always worth hearing.
    Regards.
    Iain

  8. #8
    Join Date
    Oct 2009
    Posts
    82

    Default

    Just an update, I have spoken to Santander UK and this is part of the reply "If you bank with Santander UK it does not make transferring funds outside of the UK free there would be a charge of £25 for a telegraphic transfer " So I guess it's back to the drawing board.

    Iain.

  9. #9
    Join Date
    Jun 2008
    Location
    Cumbria / Torrevieja
    Posts
    88

    Default

    I have a Halifax Bank account in the UK and I get free transfer of funds to my Lloyds Bank in Torrevieja

  10. #10
    Join Date
    Oct 2009
    Posts
    82

    Default

    Hi Bob,

    Thank you, is there a branch of Lloyds in Torrevieja as I think that would be the closest to Playa Flamenca.

    Iain

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