BusinessHow Much Money Do I Need in the Bank for Spanish Residency 2022 By Chris GreenwaltyDecember 4, 2022 Spain is one of the most popular destinations for expats from all over the world. If you want to move there, you might be wondering how much money you will need. If you have enough savings, then you should feel free to apply for your residence permit. However, if you don’t have that kind of cash, then you’ll need to save up more money. Here are a few tips to help you. You should start saving as soon as possible. The earlier you do this, the easier it will be to build up your savings. Moving to Spain from UK Make sure that you keep track of your expenses. You can use a budgeting app to make this process a lot simpler. Your goal is to get to a point where you have at least six months worth of living costs saved. This way, you won’t run out of money when you need it the most. It’s also important that you look for ways to cut down on your spending. For example, you shouldn’t spend any more than you earn. In addition to this, you should avoid buying things that aren’t necessary. Instead, you should focus on building up a stash of money.
