Investing in deposit while changing country

limerick2023

New Member
Messages
7
Hello. I have a lump sum of money that I would like to invest in low-risk deposits, to mature in up to 1 year.
I am planning to move back to Spain at some point next year (possibly March-April).
I have been looking at deposits offered by Raisin, and asked if this would be a problem. I was told I would need to have an early termination of the deposit, before switching to their spanish account. Since these are foreign deposits, does this make sense? Do you have any recommendations on this? Thanks!
 
To avoid what sounds like a lot of hassle, you might be best waiting until you return to Spain to open term deposits and stick with instant access products in the interim.
 
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