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Recent content by MikeM1953

  1. M

    Buying a house in Spain non-resident, risks?

    Yes. If you enter Spain from Gib now, your passport is now scanned or stamped unless you have residency in Spain, a Spanish passport, or a passport from a Schengen country. If you have a passport from the UK or outside Schengen, your entry is recorded in their system. If you have a non...
  2. M

    Buying a house in Spain non-resident, risks?

    There is a hard border between Spain and Gibraltar - your passport is now scanned by Spain border control when you leave Spain and again if you re-enter Spain from Gibraltar.
  3. M

    Buying a house in Spain non-resident, risks?

    To buy a property in Spain, you will need a NIE number (Foreigner Identity Number), which you can either apply for in Spain or at the Spanish Consulate in your home country. As regards a bank account, you do not need one to buy a property, but it is going to be incredibly difficult to arrange...
  4. M

    Real estate Dubai - Crypto

    Paper cash - in my post anyway. Buying without a mortage would rather be referred to as paying up-front. I had a briefcase full of paper cash when I sold my Dubai apartment back in 2016, and took it straight to the bank to deposit along with a copy of the sale contract. Even back in 2016 there...
  5. M

    Real estate Dubai - Crypto

    I sold an apartment in Dubai back in 2016 and the buyer paid in cash. At that time there was zero problems with it. As others have said, the UAE have tightened up considerably now. You can still pay cash when buying an apartment, but you will be required to show proof of funds as regards where...
  6. M

    Spain , to obligate tourists to give them their bank info, and credit card information +others

    The article itself is a total exaggeration. If you book a hotel in Spain, they will request a credit or debit card in advance for the reservation. Just as most countries in the world do. On check in, they will also note your passport details. Its unclear yet if they will take a scan, as many...