Reply To: Anecdotes from the Spanish property market downturn


People is scared about some savings banks. My mother has moved her savings from one of them to La Caixa.

I suggest all expats to forget small ones and move to biggest like BBVA, Santander or La Caixa.

If spaniards get scared we can start seeing queoues very soon. In Spain the maximun amount guaranteed is about 18.000 euros, so we aware of not having all eggs in the same place. 💡