Living in Madrid

Madrid, located at the very heart of the Iberian Peninsula, has been the capital of Spain since 1562. It's the third largest city in the European Union, with a population of 3.2 million in the city and 6.4 million in the metropolitan area.

A group of SLU-Madrid students.

 

Madrid is considered to be the major financial center of the Iberian Peninsula because of its economic output, high standard of living and huge market size. It hosts the head offices of the majority of Spain's companies. It’s also home to three of the world's largest companies' headquarters: Telefónica, Repsol-YPF and Banco Santander. In addition to the banking and industrial sectors, Madrid is home to  textile, food and metal-work factories that are clustered along the southern fringe of the city.

Not only is the city a business center, but it is also the seat for Spain's government and public ministries and home to Spain's Royal Family. Its Adolfo Suárez Madrid-Barajas International Airport, Europe's sixth busiest airport, connects the city to the world.

SLU-Madrid is located amidst other universities, private homes and religious houses in Madrid's Chamberí District.

Phone and Communications

All confirmed students will receive information via email about cell phone options before arrival.

Transportation

The Madrid Metro (Metro de Madrid) serves the city of Madrid and is the seventh longest metro in the world. Students are encouraged to apply for a transport card online. The application is in Spanish, but SLU-Madrid has English instructions available.

Mail and Packages

Students are strongly encouraged to bring everything they may need along with them to avoid customs fees, taxes, deposit fees and any other charges.

We strongly discourage students having packages sent over unless it is absolutely necessary. Upon arrival in Spain, all packages will be assessed customs fees, which can be very expensive. They will also require you to provide a Spanish tax number on the documentation you will need to present. Most students do not have a Spanish tax number and Spaniards will be very reluctant to provide this information as a personal favor.

When it’s absolutely necessary to get something, you have two options:

  • Purchase whatever you need in Spain. It’s easier, quicker and eventually cheaper.
  • Receive a package, and depending on its content you may face custom charges plus 21 percent value added taxes and other fees. You will need a Spanish tax number and it can be difficult to find a Spaniard willing to let you use this number.
Medication

Students are advised not to ship medications as they will not clear customs.

Ask your doctor to email Ruban Borrás, an English-speaking doctor that many students see, who will be able to prescribe something similar.

Borrás will guide you through the process of ensuring you have your required medications. Contact him at dr.rvborras@gmail.com or at 91-575-9834.

Students living with host families arranged by the University should have all mail sent to the University. Students who do not live with a host family arranged by the University should have all mail sent to their local address, not a University address.

Packages and mail requiring a signature can be sent to:

[Student Name]
Saint Louis University - Madrid Campus
Avenida del Valle, 34
28003 Madrid, Spain

Banking and Finance

Only students who plan to receive money through check or wire transfer must open a bank account. Students are not obligated to open an account, and Spanish legislation makes doing so time-consuming. Study abroad students are encouraged to use an ATM card or credit card to access funds in their home country.

The University works with Banco Santander, which is located close to campus. They are located at Paseo de San Francisco de Sales, 35 and you can call them at +91-533-32-01. You should indicate you are a SLU-Madrid student.

You may open an account with your passport; however, after three months in Spain you will need to present your Spanish residency card (Tarjeta de Identidad de Extranjera or TIE), or your bank account will be closed.

To withdraw money from your Spanish account, you can write a personal check and cash it at any branch of your bank. You must present official documentation (such as a passport) in order to cash any check. A photocopy of your passport is not valid identification.

In Spain, personal checks are only used to access bank funds. To make purchases in stores, use cash or credit card.

The best way for people to send money to your bank account is through a bank draft made out to you in euros. The transfer will usually take a few days, depending on your home bank’s connections with your bank in Spain.

Checks in foreign currency are usually accepted, but take longer to clear.

The following sites and resources can help you calculate your living expenses and cost of living:

  • Prices in Madrid: Features average prices of restaurants, transportation, utilities, groceries and rent in Madrid. Various interesting economic indices are calculated for Madrid.
  • Updated Prices: A list of prices in Madrid for food, housing, transportation, going out and more. Compare the cost of living in Madrid with other cities.
  • What Lifestyle Can I Afford?: Compare your monthly budget to these estimations and to get an idea of the lifestyle you can afford in Madrid, including all living expenses.
  • Rental Prices for Apartments: Find Information on the monthly rent for apartments.
  • Expat Arrivals: This site is filled with information for people moving to Madrid, Spain.
  • Seriously Spain: Find information on what to do, where to eat and shop and how much it costs.
Cultural Offerings

Madrid has so much to offer, you could easily fill up all of your free time visiting museums, monuments, parks, theatres and hidden corners. Be sure to check out disfrutamadridmas.com for more ideas.

Attractions:

Museums:

Theatres:

Saint Louis University-Madrid does not assume any responsibility for the activities of the organizations and individuals contained herein.

Contacting Home

SLU-Madrid will only contact a student's parent, legal guardian or home institution if a SLU-Madrid registered student:

  • seriously violates SLU-Madrid's Code of Student Conduct
  • is incapacitated and has been hospitalized due to illness or injury
  • has a serious mental health concern and is deemed a harm to themselves or others in the community, or their condition prevents them from continuing to act as a university student (included but not limited to going to class, submitting papers, taking exams, etc.)

In most other instances, SLU-Madrid staff will communicate directly with the student in question and will not share information due to strict Spanish and European Privacy Laws, as well as several U.S. federal laws, including FERPA and HIPAA.

Connecting with Your Loved Ones

Being abroad can make it more difficult for you and your family to stay in touch. Challenges include the time difference, academic excursions, personal travel, roaming costs and unreliable WiFi access. However, emergency situations can take place anywhere, anytime. Here are tips for staying connected with your loved ones while you are abroad:

  • Purchase a phone and data plan that will enable you to be in touch anytime and anywhere. Do not rely only on WiFi access. You'll find that there are plenty of options; roaming costs should never be a reason not to stay in touch with your family.
  • Develop a communication plan. Schedule regular times to talk to your family. Always contact home if you are located in a city where there has been any kind of emergency or crisis. People worry about you when you're away.
  • Use your phone to talk, chat using message applications like WhatsApp and stay connected through social media. Follow along with others, both abroad and at home, and share your experiences through social media channels, such as Facebook, Instagram and SnapChat.