Are you working in Ibiza? Starting a new business? Or even becoming an Ibiza resident?… Yes! In which case it’s a good idea to open a Spanish bank account in Ibiza.
Some banks offer a non-residents account that you can open by simply providing your passport, NIE, proof of address + €30 opening fee.
- Passport: You will need a valid passport as proof of identity.
- NIE: This is your tax identification number, required to get a work contract. Pay rent etc.
- Proof of address: Either your rental contract, utility bill.
Other documents you might need
- Work Contract: you might need proof of employment status in the form of a work contract or unemployment documents. If you are in education, then your student card will be required.
- Residency card: Tarjeta de Residencia. Or if you are a non resident,
- Non resident certificate: Certificado de no residencia. This can be obtained via a Spanish consulate or at your local police station in Ibiza.
It is important to note that if you spend more than 183 days per annum in Spain you must become a resident for tax purposes.
Each bank charges completely differently so do some research, ask in the forums. Choose an account with a bank that most suits your needs.
Most banks charge you per year for having a current account.
Usually the fee is between €15 to €30 per annum. It is also not a bad idea to check the charges for debit and credit cards, the cost of cheque books and savings accounts etc.
Banks in Ibiza
- Bankia – 971 31 80 09
- Banco Sabadell – 902 32 30 00
- Banca March – 971 33 46 25
- Caixabank – 971 80 97 50
- BMN Sa Nostra – 971 31 26 11
- Cajamar Caja Rural – 971 31 91 18
- Bankinter – 971 33 55 12
- Bbva – 971 30 21 14