Moving to Madrid
Are you thinking of moving to Madrid? The capital of Spain is the largest city; the head of government is here as well as the Spanish royal family. It’s a very cosmopolitan city with over three million people living there; a number of these are expats from across Europe.
Although Spain is showing the early signs of recovery, the economy is still fragile after the Spanish property crash and the world recession. That said, Madrid is the best location to find a job in the country, with both large multinationals and a reasonable amount of direct foreign investment.
Although it should be remembered that average salaries are generally lower than other major European capitals, and this is unlikely to change in the near future.
Property prices if you are thinking of moving to Madrid
The cost of living and property prices are relatively similar to other European cities. Most expats will choose to rent a property, at least in the short term. As a general rule, the closer to the city centre you choose to live, the higher the rent or property price The following site has a selection of properties: http://www.homesearchbarcelona.com/
Schools if moving to Madrid
Expats, particularly those who only intend to stay in Madrid for the short-term usually choose an international school, which offer a British curriculum or the International Baccalaureate (IB). The following site has a selection of international schools: http://www.expatica.com
When you first move to a new city finding your way around the local taxes and requirements can be daunting, a quick visit to the following website can help you on your way: http://www.expatarrivals.com
The public transport system in the city is reliable, efficient and safe. Many expats choose to drive in Spain and there are several laws that may be different from Britain. Cars in Spain drive on the right hand side of the road and are required to flash their vehicle’s lights before overtaking the car in front of them.
This item is brought to you by www.whiteandcompany.co.uk, the international removals storage and shipping company serving Madrid and the surrounding area.
Currency Conversion If Moving To Madrid
Since 1999, Spain has used the Euro (EUR) as its official currency. One euro is divided into 100 cents. It will be relatively straightforward to open a bank account in Madrid. You will need to be over 18, have some proof of Identity and address. Residents will also need to produce their NIE certificate.
When moving overseas making sure you get the best exchange rate possible is essential to starting your new life on a sound footing. White & Company has an exclusive arrangement with The FX Firm. Simply call us on Tel: 01494-857672 or follow the link to see what additional monies you will receive compared to using your high street bank and to set up a free account. https://www.whiteandcompany.co.uk/foreign-exchange/
European Removals If Moving To Madrid
This item is brought to you by www.whiteandcompany.co.uk the European removals storage and shipping company serving Madrid and the surrounding area.