Where should I setup a bank account in Malaga?

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

"Expats considering retirement in Malaga, should be aware of several important factors. Firstly, they should understand the cost of living, which is generally lower than in many other European countries, but can vary depending on lifestyle and location. They should also research the healthcare system, which is known for its high quality, but may require private insurance for full coverage. Understanding the tax system is crucial, as Spain has a double taxation agreement with many countries, meaning expats may not have to pay tax in their home country. However, they will likely be required to pay Spanish taxes if they become a resident. Expats should also be aware of the Spanish lifestyle, which includes a late-night culture and a slower pace of life. The climate in Malaga is typically Mediterranean, with hot summers and mild winters, which can be a significant draw for many retirees. Learning Spanish will greatly enhance the experience of living in Malaga, as while many locals and businesses do speak English, day-to-day life and integration is easier with a good grasp of the local language. 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 local lawyer to assist with this process," commented one expat who made the move to Malaga, Spain.

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