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Good Morning Everyone
Can anyone tell me of a deposit/savings bank account paying interest which doesn’t require me to be resident in Spain. I have property in Spain so have a current bank account and of course a NIE number. Thanks in advance
Posted: Sat Feb 3, 2024 1:36pm
Super helpful member
JohnMM2 wrote on Sat Feb 3, 2024 8:40am:
Good Morning Everyone
Can anyone tell me of a deposit/savings bank account paying interest which doesn’t require me to be resident in Spain. I have property in Spain so have a current bank account and of course a NIE number. Thanks in advance
Personally I would not keep any investment in any Spanish bank.
Rules are entirely different from uk, and the hacienda can embargo any account you have without notifications for many reasons not just tax.
About 20 years ago a Spanish S L company I owned was fined 3000 euros by mistake and money taken from my personal account, took 6 months to prove their mistake and money returned.
I now keep enough in my accounts in Spain for every day/monthly expencese and transfer using Wise when I need extra cash.
Posted: Sun Feb 4, 2024 8:45am
Super helpful member
No interest on any account in Spain worth bothering about….
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