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Can we keep our UK bank accounts if moving to Spain?

Posted: Thu Aug 10, 2017 3:02pm
6 replies270 views4 members subscribed
Paulandjo

Posts: 86

23 helpful points

Location: Mojacar

Joined: 17 May 2017

We are renting in Mojacar September through to November looking for suitable long term rental town and property in the general area from 2018 onwards. Can anyone advise if we can keep our UK bank accounts if we decide to move to Spain? 

BobL

Posted: Thu Aug 10, 2017 3:28pm

BobL

Super helpful member

Posts: 2170

1226 helpful points

Location: Mojacar

Joined: 18 Aug 2016

Posted: Thu Aug 10, 2017 3:28pm

Absolutely. However there is a Spanish legal requirement whereby.one has to.declare if  over 50,000€ held abroad. I.don't have the.exact details but someone will.

Bob and Sandra

Mojacar Playa and Puerto Lumbreras

Paulandjo

Posted: Thu Aug 10, 2017 3:41pm

Paulandjo

Original Poster

Posts: 86

23 helpful points

Location: Mojacar

Joined: 17 May 2017

Posted: Thu Aug 10, 2017 3:41pm

Hi Bob and Sandra

Many thanks for your prompt reply and useful info.

We are renting in Mojacar Playa (Western end) from 1st September for 2 months. Any time you fancy a beer/coffee, we are keen to meet people in the area.

Paul and Jo

chevyrecycler34

Posted: Thu Aug 10, 2017 5:51pm

chevyrecycler34

Helpful member

Posts: 759

410 helpful points

Location: Huércal-Overa

Joined: 10 Feb 2017

Posted: Thu Aug 10, 2017 5:51pm

Watch out for who gets the bill lol, (I'm sure the doc wont mind me pulling his leg).

Did anyone tell you about sunday lunch at the Irish Rover ?

4 meats and ten veg !! Phone and book, its on the southern end of town, then if youre reall missing things, try the fish n chippy in la foquia near zurgena, beer battered fish n cips mushy peas plus pies, kebabs etc etc, well worth the ride.

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chevyrecycler34

Posted: Tue Oct 17, 2017 11:45am

chevyrecycler34

Helpful member

Posts: 759

410 helpful points

Location: Huércal-Overa

Joined: 10 Feb 2017

Posted: Tue Oct 17, 2017 11:45am

Hi, if you want to expand youre search area to include inland a bit, try Voss agency in Huercal Overa, they have a very good rentals section and cover a decent area, roads are great, people very friendly. We've been in a small village called Urcal, not far from Bob n sandra when theyre in their cottage, nice village, school, doctors, bar, small restaurant, 7 minutes from the motorway, 12 minutes from town, we've been here since late March and love the peace and tranquility, coast is around 45 minutes away if we want to go there but we have a pool so dont really feel the need.

Turre just down the road from Mojacar is attracting a fair bit of interest too.

Best of luck with youre search, you shouldnt have too much trouble finding youre ideal place. Either for long term rentals, do some research jnto what "long term rental" entails too or even to buy.

Martin

Posted: Wed Oct 18, 2017 9:32am

Posts: 2

Joined: 4 Oct 2017

Posted: Wed Oct 18, 2017 9:32am

Paulandjo wrote on Thu Aug 10, 2017 3:41pm:

Hi Bob and Sandra

Many thanks for your prompt reply and useful info.

We are renting in Mojacar Playa (Western end) from 1st September for 2 months. Any time you fancy a beer/coffee, we are keen to meet people in the area.

Paul and Jo

Hi...you can arrange to transfer UK funds to Spanish banks simply once they have been set up. I'm using HSBC in UK and transfer to an account in Spain in GBP sterling. Then the funds are transferred to Euro account in the same Spanish bank in Vera. Hope this helps as going forward all UK funds such as pensions etc are easily transferred with minimum hassle..

chevyrecycler34

Posted: Thu Jan 4, 2018 4:42pm

chevyrecycler34

Helpful member

Posts: 759

410 helpful points

Location: Huércal-Overa

Joined: 10 Feb 2017

Posted: Thu Jan 4, 2018 4:42pm

Paulandjo wrote on Thu Aug 10, 2017 3:41pm:

Hi Bob and Sandra

Many thanks for your prompt reply and useful info.

We are renting in Mojacar Playa (Western end) from 1st September for 2 months. Any time you fancy a beer/coffee, we are keen to meet people in the area.

Paul and Jo

Hi, we're in Urcal a bit north off the motorway we just enjoyed half price pizza at Imperial playa mojacar today in the lovely sunshine right on the beach with friends. Not bad for January lol.

We have a local bar in Urcal both town and village having been featured recently on A Place in the Sun. Darts nite tonite thursday.

We looked at Mojacar, Garrucha and other coastal villages but came inland for the peace and quiet not to mention no crowds and being able to park lol.

Been here since late March 2017 and love it, partner had front fly free zone done and a big enclosure built covering the pool and patio recently, now just waiting for the weather to stabilise to really put the icing on the cake so to speak lol, you wont regret moving out here.

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