Did you know that Spain is one of the top destinations for digital nomads, with over 200,000 remote workers choosing to live and work here? Whether you're in the sunny Canary Islands or the city of Madrid, managing global finances is key to a smooth remote lifestyle. With Grey, digital nomads, remote workers, and freelancers in Spain can open US, UK, and EU accounts online, making international transactions faster and simpler. In this guide, we’ll show you how to easily set up your account and make cross-border banking accessible from Spain.
Save on exchange fees: Spain is a popular hub for international workers and freelancers, and using local Spanish accounts for USD or GBP transactions can result in high conversion fees. A US, UK, or Euro account helps you avoid these costs and keep more of your earnings.
Simplify international payments: As Eurozone's fourth largest economy, , Spain is highly connected to global markets. Having accounts in USD, GBP, or EUR makes it easier to send and receive payments from clients and partners worldwide without delays or extra charges.
Access global opportunities: Spain is a favourite for digital nomads and remote workers, hosting over 200,000 each year. A US, UK, or Euro account allows you to tap into international job opportunities, giving you more flexibility and financial freedom.
Expand business reach: For entrepreneurs and freelancers in Spain, international clients often prefer payments in USD, GBP, or EUR. With these accounts, you can easily cater to clients in the US, UK, and other European countries, boosting your professional network and income potential.
Who should have US, UK, and EU bank accounts in Spain?
Freelancers: Freelancers in Spain working with clients from the US, UK, or Eurozone, can streamline payments with accounts in multiple currencies. This simplifies receiving payments in multiple currencies and avoid expensive exchange fees.
Digital nomads: Spain is one of the top destinations for digital nomads, thanks to its affordable cost of living and excellent infrastructure. A US, UK, or EU account allows nomads to manage their global finances seamlessly while exploring Spain's vibrant cities and beaches.
Remote workers: Remote workers employed by companies outside Spain, particularly in the US or UK, can use these accounts to receive salaries in the company’s currency, avoiding delays and reducing transfer costs.
Business owners: Entrepreneurs in Spain dealing with international suppliers or clients need US, UK, and Euro accounts to handle cross-border transactions more efficiently, strengthening their global business operations.
Opening a Grey account is straightforward and can be done in minutes.
First, visit grey.co on your browser and sign up by creating an account with your email.
Then follow the prompts and ensure you enter your correct details for a seamless setup.
Next, you’ll need to verify your identity — a crucial step for meeting regulatory requirements. This process is particularly important for non-U.S. residents, as Grey specialises in providing accounts for individuals outside the United States.
To start using Grey in Spain, you'll need to complete a simple verification process. This ensures your identity is confirmed and meets all regulatory requirements.
Upload your documents: Provide a valid government-issued ID, such as an international passport, and proof of address, like a utility bill or bank statement. These documents are used to verify your identity and comply with Spanish regulations.
Quick review: Grey will review your documents within minutes and up to 24 hours. Make sure your uploads are clear and valid to speed up the approval process.
Once your account is verified, you can log in and access your US, UK, and Euro accounts. This allows you to manage your international transactions efficiently and securely. Get started today with a free Grey account.
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