Reply To: Do I need a Spanish bank account to buy a property in Spain?

Spain Finance, Currency, Insurance & Taxes Do I need a Spanish bank account to buy a property in Spain? Reply To: Do I need a Spanish bank account to buy a property in Spain?

#121906
Geraint69

Hi Carley,

Officially there is no requirement to open a Spanish bank account when buying a proprety. However, it is highly recommended you open a Spanish bank account as early as possible.

A Spanish bank account will help you comply with Spain’s money laundering. Also, it will help with paying expenses, utility charges and local taxes.

Best