Spanish Border Credit

Are you a cross-border resident and need financing in Spanish? Good news: credit for Spanish cross-border workers gives you the opportunity to make your project a reality. Specifics, eligibility conditions, online application… Find out everything you need to know about this type of loan.

Spanish border credit: what does it consist of?

Cross-border status

Any individual residing abroad but working in Spain on a daily basis or at least once a week is considered a Spanish cross-border worker. The countries concerned are the countries of the European Union (France, Luxembourg, Germany, Belgium, etc.) as well as those of EFTA (Norway, Iceland, etc.). These foreign workers benefit from a special status which allows them to have the same social and tax advantages as national citizens. They also have access to health benefits in the country.

Spanish border credit: what are the eligibility conditions?

The criteria

In order to obtain a Spanish border loan, certain conditions must be respected:

Your age is between 18 and 69 years old.
You have held a G residence permit for at least 2 years.
You have held a legitimation card for at least 2 years.
You have been working in Spanish for at least 3 years.
You are financially stable.
You have a bank account in Spanish.

Also note that people registered with the National Bank or prohibited from banking cannot benefit from this type of loan.

Documents to provide

As a cross-border commuter, banks ask you for a greater number of documents in order to process your credit application. Here is an exhaustive list:

Your double-sided G license;
A copy of your last three pay slips;
A copy of your energy or telephone bill;
A copy of your last three foreign and Spanish bank account statements.

Discover the Nordkapital Beratung credit offer

Border credit Nordkapital Beratung

Are you looking for a Spanish loan for cross-border workers in order to finance a project? Discover Nordkapital Beratung’s transparent and flexible credit offer as well as its many advantages:

Loan amounts ranging from €1,000 to €800,000.
A flexible repayment period (from 12 to 120 months).
A borrowing rate from 3.9%.
No hidden fees or handling fees.

Personalized support

Taking out a loan is not a trivial matter. This may even raise a few questions, which is completely normal. At Nordkapital Beratung, you are never alone: we provide you with dedicated support throughout your financing. A personal advisor is assigned to you to answer all your questions and guide you towards the best solutions.

How to apply for Spanish border credit online?

Nordkapital Beratung allows you to carry out a loan simulation for your cross-border credit on its site in just a few minutes. When you want to make your project a reality, you can complete your credit application online. To do this, follow the steps:

1.Enter the amount you need to finance your project.
2.Indicate the number of monthly payments you want to pay off your loan.
3.Adjust our dynamic simulator if necessary to find the formula that best suits your needs.
4.When the cross-border loan simulation suits you, click on “next” to validate.
5.Fill out the form with your personal information such as name, address, date of birth, etc.
6.Submit the form.
After submitting your request, you will receive an acknowledgment of receipt immediately. We then study your file with the greatest attention. Finally, we send you a final offer adapted to your profile within 24 hours. For more information, contact us.