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Finance

Maximum Amount You Can Pay In Cash

Update 2024 on link below: Update July 10 2021. The amount of 1000 euros maximum payments in cash is now law. The total was  2.500, proposed the Consejo de Ministros early December 2016 to be lowered to 1.000 but that has never made it into la

What Are The Minimum Resources For Residency Applications

The figures below are general taken from what the Spanish government state is the accepted amount and taken from the minimum income in Spain, the non contributory pension. The civil servants in the various offices for soliciting residence are al

Must I Purchase Insurances In Spain?

No you do not have to purchase insurances in Spain. You can check around the EU and see what is the best deal for you. This includes insurances for: vehicles, house, life and much more. The only insurances you cannot purchase this way is social

How Can I Obtain A Credit Check In Spain?

This will depend from which administration you need a certificate of no debt (certificado de deuda pendiente/o the no deuda) certificates are provided by the tax office (Agancia Tributaria) and the Social Security administration (INSS). For a g

How Do I Obtain A Certificate Of Nonresidency?

You may receive notification in Spanish something like this: CERTIFICACIÓN NEGATIVA RESIDENCIA EXPEDIDA MINISTERIO INTERIOR O TARJETA IDENTIDAD EXPEDIDA MINISTERIO ASUNTOS EXTERIORES The bank is asking for a certificate of declaration of nonre

Can I Claim Uk Benefits If Move Or Travel Abroad?

For information on claiming benefits from the UK in Spain, please visit: Benefits Abroad Contact the exportability team.

Was My Bank Correct Insisting That Life Insurance Is Requisite For A Mortgage?

No they are not. There is no legal requirement for taking out a life insurance policy with the bank to obtain a mortgage. For further information, visit this LINK

Is There An Exchange Of Information Between Eu Countries?

For full information, please visit this LINK

How To Remove A ´reserva De Dominio´?

To cancel a ‘ Reserva de Dominio’ Once the vehicle is fully paid, ask the finance company to send you the document that accredits that the car is paid for, this can take 2 to 4 days. Take the certificate to the ´Registro de Bienes Mueblesâ€

Obligations Of Bank Account Holders In Eu With Regards To Id And Origin Of Funds

Please read the info document on the subject from the Library, Finance section. Update. 16/04/15 We have been advising our members since October of last year. Many banks only just catching up. Banks accounts are likely to be frozen on the 30th