Before making a move abroad, you need to ensure that you are financially stable. Agreements to buy homes can fall through overseas as easily as they can in the UK, and the last thing you will want is to be stranded in dire financial straits in unfamiliar territory.
If you are emigrating for work and have already secured a position, your new employer may offer you contribution towards costs to help with the move. Ask your employer what assistance is available.
Research the requirement for opening a bank account before you leave, as you may need to provide evidence, for example of name changes, which will be easier to gather while you are in the UK. You may need proof of long-term residency.
Financial advisers will be able to guide you through the process and ensure that you take the route that is best suited to your situation. It is advisable to conduct your own research to answer any questions or flag any areas of concern.
Do you intend to open a bank account in Spain? This might be because you’re planning to emigrate to the Iberian peninsula with your family, to start a new life in Marbella or the Costa Blanca. Alternatively, this could be because you want to buy a Spanish holiday home, to enjoy year-round escapes to […]
By Jessica Roberts
I have been using Foreign Currency Direct for 5 years now. I really appreciate their professional advice and expertise. Transfers are very fast, in the last case within hours of agreeing a deal. Highly recommended.
Quick and easy. From the time of ordering currency to receipt in my Portuguese bank account was 3.5 hours.
Foreign Currency Direct offer a very fast and efficient service with good rates, they always beat my bank.
Excellent Service. The service was as usual very efficient and the money was in my Spanish bank account within an hour of making the call.