Expert Info

Posted by
on 4 Jun 2014
Hi!
We are due to move to Spain, The Costa Del Sol, next year, we are currently in the process of selling our UK property. We would like to transfer the majority of the money from the sale to a bank/banks in Spain. I believe there is a maximum allowed before being heavily taxed by the Spanish Government. Is This correct? and if so does anyone know what the limit is?,...I also noticed that expatarrivals recommend Halifax and Barclays Banks, is it a good idea to have a UK account with either of these before opening a Spanish account with the same, or can those accounts work both in the UK and Spain?
Thankyou! Hope the above makes some sense! Sam

Expat Health Insurance Partners

Aetna Global

Aetna is an award-winning insurance business that provides health benefits to more than 650,000 members worldwide. Their high quality health insurance plans are tailored to meet the individual needs of expats living and working abroad.

Get a quote from Aetna International

Cigna_logo_300.png

Cigna Global

With 86 million customer relationships in over 200 countries, Cigna Global has unrivalled experience in dealing with varied and unique medical situations and delivering high standards of service wherever you live in the world.

Get a quote from Cigna Global