Identify the type of product
Ask whether the contract provides a guaranteed benefit, links its value to investments, or combines elements of both. Identify who bears investment risk. A projection and a contractual guarantee are different things. A product should be explained in terms of your needs and circumstances.
Reference: BOE · Insurance distribution framework (RDL 3/2020) ↗
Compare outcomes, not a headline percentage
Request the applicable pre-contractual information and, where required, the key information document. Ask for realistic scenarios after fees and the value if you leave early. A high advertised percentage should never be treated as a promised annual return.
| Question | Why it matters |
|---|---|
| What is guaranteed, by whom and when? | A guarantee can be conditional on holding until a specified date. |
| What fees are deducted? | Costs can reduce the amount invested or the eventual benefit. |
| What is the surrender value? | Early access may return less than you have paid. |
| What happens on death? | Beneficiary and benefit rules should fit your intentions. |
Consider the move between countries
Tax treatment can depend on residence, the contract and how benefits are taken. Do not assume a tax advantage advertised in another country carries over to Spain. Ask a qualified tax professional about the position before transferring or surrendering a policy.
Reference: BOE · Personal Income Tax Act ↗
Keep short-term needs separate
Write down your time horizon and the expenses you may face during the move. Consider whether committing those funds would leave you without access to money for housing, healthcare or emergencies. Request an explanation of suitability and charges before making any decision.
Your questions, answered
Are all savings insurance products capital-guaranteed?
No. Ask for the specific guarantee and its conditions in the contract. Some products expose the policyholder to investment losses.
Can I withdraw whenever I want?
Access, penalties and surrender values depend on the contract. Check early-exit values before committing.
Does Move Well Spain promise a return?
No. The guides explain questions to investigate and do not make a personalised investment recommendation.
Your next step
Turn the questions into a plan.
Tell us about your move. We can help you identify the next conversation and the information you need to prepare.
Request a personalised consultationSources and review status
The editorial team checked the following primary sources on 9 September 2026. Professional review is identified separately when completed. Check the current instructions of the office handling your application before making a commitment.
Our editorial approach