Getting a bank account in Gran Canaria is a doddle if you have an NIE or residencia. Just pick a bank and give them your NIE number, passport and a proof of address (utility bill, rent contract). Then sign a lot of bits of paper and you have an account.
Buying a property in Gran Canaria costs about 10% of the price you pay once you factor in taxes and fees. Selling a property involves some costs but these only add up if you profit from the sale. The annual tax burden of owning a property in Gran Canaria is low.
When you see the prices of second hand cars in Gran Canaria you will probably think about importing a much cheaper car from mainland Europe or the UK. Whilst overall it can be cheaper importing a car there are many costs involved in importing a car to the Canary Islands and you need to consider them carefully before bringing your car here.
With one of Spain’s top outdoor shopping areas and several well-stocked malls, Gran Canaria (and especially Las Palmas), has become a great place to shop. The new shopping centres due to open in Puerto Rico will make a big difference in south Gran Canaria.
This is one of the most common questions we get in our Facebook Group (with over 30,000 members) and fortunately, it is an easy one to answer. The Gran Canaria Info admin team and the fans in our Facebook group agree...