Spanish bank

bank spainIf you plan to stay longer than 6 months in Spain, you probably need a bank account. For foreigners in Spain there are two types of accounts: resident and non-resident accounts.

Non-residents must have a passport or other form of personal identification that is valid in their country (such as a passport or identity card, but you might have problems with a driver’s license, depending on the bank). Moreover, within 15 days after opening the account your “non-resident” status must be proven by a non-resident certificate. You can apply for this certificate in the local police station office. Thereafter every two years, the bank is deemed to keep a check on your “non-resident” status. In case you are resident after opening the account, you must inform the bank and give them a copy of your residence card (tarjeta de residencia).

Actually, many banks do not ask for the non-residence certificate. If the bank requires it, we advise you to go to another branch of the same bank or to another bank to avoid this inconvenience.

Prices & services
In terms of prices and services, non-resident accounts are virtually the same as resident accounts. The only differences are that the bank can not easily give a credit card or let your account in the red. If the costs are significantly higher for a non-resident account, we recommend you to switch to another bank.


Renting in Spain

rentals spainRecently, more and more Spaniards have opted for buying a home instead of renting. Spain now has the lowest rental rate in the EU around 13%, compared to an average of 40%.

From May to July is the best time to look for a home; August can be difficult as owners are on holidays. September is normally the worst month as people come back from their holidays and the students start a new year. On the other hand, Christmas period is the quietest one for the housing.


Working in Spain

jobs spainFinding a job in Spain is not easy, especially for a foreigner. We have to distinguish between jobs in the proffesional and tourism sectors. Generally, it is easier to find a job in the tourism sector, however it is seasonal work.

Many jobs are obtained on the basis of connections and contacts. Vacancies are not often published externally, that is why they are filled by people who have connections with the company. Our advice is to take advantage of any possible contact you have, as friends, colleagues, classmates and even, the landlord. Even the most casual acquaintances can sometimes help you to find a good job. Self-confidence and perseverance are essential ingredients for a successful job search.

Note that the format and layout of a CV varies depending on the country. For example, in Spain education is displayed on the first place and it also includes lists of additional courses. Cover letters in Spain have their own format and size, they are generally short and very formal.

When sending CVs to companies, do not wait for responses. Spanish companies are notorious for not replying to letters of application. Be proactive and call them. If someone at the company promises to call you back and do not, do not be afraid to give him /her to call again. It is important to persevere.

Employment

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In general, a contract can be made orally or in writing. It is habitual to Spanish labor contracts to be drawn. Each contract must be registered before the first day of working at the Spanish Employment Office (INEM). For part-time, temporary and training contracts for a period of more than four weeks is compulsory a written contract.

Wage

The minimum wage is determined each year. In 2012, it consisted of 8979,6 €euros per year for workers over 18 years. That includes two additional month payments. The minimum wage is usually established according to the collective agreements for each professional category. Determining the amount of a salary in Spain is very difficult. Jobs with the same functions can vary from one province to another. In big cities like Madrid and Barcelona the highest salaries are paid. Civil servants always earn a fixed salary. Salaries of managers and directors in the large companies in Madrid and Barcelona are among the highest in Europe. Workers in Spain earn less than their counterparts in other EU countries.

Recently, more and more Spaniards have opted for buying a home instead of renting. Spain now has the lowest rental rate in the EU around 13%, compared to an average of 40%.
From May to July is the best time to look for a home; August can be difficult as owners are on holidays. September is normally the worst month as people come back from their holidays and the students start a new year. On the other hand, Christmas period is the quietest one for the housing.

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