Spain took a control of the Russians’ finances News

The Government is very concerned about money laundering and tax evasion by foreigners who live in Spain. That is why on Monday bills of hundreds Russians were blocked.

Inspections affected not only the foreigners. Spaniards have been under the control of financial services for a long time. However, due to the entry into force of a number of laws, foreigners are required to submit documents proving the origin of income and any financial fraud.

Otherwise, the offender faces a fine of 5 000 to 10 000 euros. Several hundred of people felt on tis law.

It is worth noting that not all people are susceptible to data checks. If the immigrant arrived only for a job, goes to work by public transport and has a couple of hundred euros in the bank, it will not touch them. However, if the foreigner has bought a mansion, bought expensive stocks and the amount of money in his bank account could feed a small village, then, of course, testing can not be avoided.

According to the way Spain is trying to show that, despite the hospitality, it’s going to keep guests in the “rod of iron”. How many more people will feel pressure of the government-  we can only guess.