What is a non-resident bank account in Spain?
Simply put, a non-resident account is a bank account for someone who is not resident in Spain.
These kinds of accounts are ideal for those who own a property in Spain but spend less than 183 days here each year.
Most non-resident accounts will be euro accounts and also offer online banking and debit cards giving you full control of your account while on the go.
If you spend more than 183 days each year in Spain, you will not be eligible for a non-resident account.
What documents will I need to open one?
Note that some banks may need you to translate any supporting documents. This will need to be done by a Sworn Translator.
Are there any fees involved?
These will vary, however, many of the non-resident accounts charge a monthly/yearly fee for the service.
Typical bank account fees in Spain include:-
When shopping around, always make sure that you enquire about any potential banking charges that may apply.
Can I open a non-resident account online?
Yes, most banks offer an online service to open a bank account. You will just need to upload your ID and other supporting documentation.
Which bank in Spain is best for a non-resident account?
With around 140 banks and banking institutions in Spain, there are quite a few to choose from. The most popular include:-
The links above for each bank direct you to the non-resident account information.
There are now a number of online-only bank accounts that are available to non-residents in Spain.
What happens if I become a resident?
If you become a resident in Spain, i.e. spend more than 183 days a year here, you must tell your bank.
In most cases, your account will revert to a resident account.
You have lots of options when looking for a non-resident bank account in Spain. This includes traditional brick-and-mortar banks and online-only app-based accounts.
Having an NIE or residency is not always a requirement and many banks will ask you to prove that you are a non-resident by acquiring a certificate of non-residency (Certificado de No Residente) from either a local police station or Spanish consulate in your home country.
Make sure you check that the account is right for you and that you will be able to perform the tasks that you require such as paying bills in Spain or transferring money to and from your home country.
Remember that any foreign documents may well need to be translated into Spanish by an official Sworn Translator.
Finally, as most non-resident accounts have fees, it is wise to check these before opening an account as there may be general maintenance fees, debit card, and transfer fees.
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