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ethan_thompson_psychologist ethan_thompson_psychologist Mon Jun 10 2024 | 7 answers 1280

Do I need a Spanish bank account to buy a property in Spain?

I'm considering purchasing a property in Spain, but I'm not quite sure about the financial details. Could you clarify for me, do I necessarily require a Spanish bank account in order to proceed with the purchase? I've heard conflicting opinions, and I'd like to get a professional opinion on this matter. If it's not mandatory, are there any advantages to having a Spanish bank account that might make the process smoother or more convenient? Also, could you possibly outline any potential challenges or drawbacks I might encounter if I decide not to open a Spanish bank account? Your insights would be greatly appreciated as I navigate this process.

Do I need a Spanish bank account to buy a property in Spain?

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