Banking, Money and Taxes in Spain.
Banking, Money and Taxes in Spain.
Expats will find that managing money in Spain is easy but expensive. Banking facilities are generally modern and function quite efficiently, but bank charges and commissions on international transfers are hefty when compared to most other countries in the European Union (EU).
Additionally, filing taxes and organising large purchases can translate into a bureaucratic nightmare; it is often necessary to employ the help of a Spanish-speaking specialist to manage the maze of red tape.