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Author:
Sam
- Replies:
0
- Views: 1330
Withdraw €1,000 cash in Spain and risk a knock from the taxman
There’s
no official cash withdrawal limit in Spain
, but go over this threshold and the tax office may come knocking
Even in today’s world of contactless payments and
Banking
apps, plenty of people in Spain still use good old-fashioned cash. But if you’re regularly withdrawing large sums from ATMs, be warned: Spain’s tax authority,
Hacienda, is watching
.
While there’s no official cap on how much you can take out of your account, [b]pulling more than €1,000 in a single operatio