Where should I setup a bank account in Benidorm?

We asked expats in Benidorm what banks they use and there advice about banking. They advised...

"Before retiring in Benidorm, expats should know that the city is a popular tourist destination, known for its vibrant nightlife and beautiful beaches. It's important to learn Spanish, as it is the official language, although English is widely spoken due to the high number of British tourists and expats. Expats should be aware of the cost of living, which is generally lower than in many other European countries, but can vary depending on lifestyle and location. Healthcare in Spain is of a high standard, with both public and private options available. Expats from EU countries can usually access the public healthcare system, while those from outside the EU will need private health insurance. The climate in Benidorm is typically Mediterranean, with hot summers and mild winters, which can be a significant draw for those looking to retire in a warm climate. The city is also known for its high-rise skyline, which is unique for a city of its size. Expats should also be aware of the Spanish tax system. Spain has a double taxation agreement with many countries, which means you won't be taxed twice on the same income. However, it's recommended to seek advice from a tax professional to understand your obligations. Finally, it's important to understand the process of buying property in Spain, which can be complex and requires a number of legal steps. It's recommended to hire a lawyer who is familiar with the process to ensure everything goes smoothly," wrote a member who made the move to Benidorm, Spain.

Homelike
Learn More

We've partnered with Homelike, to connect expats and newcomers with temporary accommodations in Spain. If you're moving to Spain, rent a short-term, furnished apartment or home for the first few months from Homelike and take your time figuring out the best place to live in Spain.

Homelike