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Living In Gran Canaria: Resident Discounts & Perks
There are lots of perks to living in Gran Canaria, including the weather, the cheap petrol and wine, and the general smugness that it gives you. Then there are the Gran Canaria resident discounts …
Here’s our guide to the top discounts that Gran Canaria residents are entitled to.
Gran Canaria resident discounts on inter-island transport
Once you get your Gran Canaria residencia, make sure you register for the 50% discount on travel between the Canary Islands. Most municipios allow you to do it online, but the system isn’t perfect so it may not recognise you straight away.
If you have a problem, just head to your ayuntamiento and ask for “el certificado de residencia para bonificación de viajes”. It costs a few euros and you need to show it to each transport company at least once to get into their system as a resident.
If you book resident fares without a certificate, the travel companies will ask you to pay up, or even refuse you passage.
Travel To Mainland Spain for Gran Canaria residents
Canary Islands residents get 50% of travel between the islands and mainland Spain. However, be careful when you book an indirect flight through a Spanish airport. Some airline websites apply the discount to the second leg, then get in a huff when you check in.
The discount is only valid between the Canaries and your first Spanish stop.
Taking a car from Gran Canaria to the Mainland? The 50% discount also applies to ferry travel.
Money off the Yellow Submarine and other tourist attractions
Most tourist attractions offer a resident discount. For example, if you book the Yellow Submarine as a resident you get a 20% discount. Add this to the 10% discount you get for booking online, and you’ve saved a good chunk of change.
Frequent use tickets for residents
Another offer to look out for is frequent user tickets from theme parks like Palmitos Park. You can often buy a ticket that gives you unlimited trips for the cost of two or three visits. Not much use if you’re a tourist, but pretty good value if you are resident. The Angry Birds Park in Puerto Rico does an annual use ticket that is great value if you live close by and can use it regularly.
Discount museum & gallery entry
Lots of Gran Canaria’s museums offer cut-price entrance to residents. All you need is your green NIE form or card.
Also, look out for free entry days at Gran Canaria museums. For example, many museums are free on the first Sunday of the month.
Gran Canaria Shopping: Expert Tips For A Top Day At The Shops
With low taxes and some fantastic shopping areas, Gran Canaria is a retail paradise. Here are our top tips for shopping like a local and getting the best value on the island.
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Exchange Money In Gran Canaria Or At Home?
Visitors to Gran Canaria often ask whether it is better to exchange their local currency for euros at home or in Gran Canaria.
The answer is that it is almost always better to buy your euros at home than it is to bring pounds to Gran Canaria and use local banks or currency exchanges. This rule of thumb applies all over the world. A currency is almost always cheaper the further away you are from the place you can spend it (because demand for it is lower).
Exchange rates are almost always better at home than in Gran Canaria
You are very likely to get a better exchange rate using a British currency exchange specialist or local bank. Many of these companies will deliver your euros to your home.
One of the best rates in the UK is often from the post office, especially if you do it well in advance.
The only way you'll get a better rate in Gran Canaria than at home is if the exchange rate changes while you are travelling and this is rare.
You also have to bear in mind that currency exchanges in Gran Canaria are getting rarer and some local banks don't exchange money for non-clients.
To Transfer large amouynts of money to Gran Canaria, or to make regular transfers, always use a reputable currency broker such as Currencies Direct. This will save you money on exchange rates and bank charges and is highky secure.
The risk of bringing cash to Gran Canaria
Another important factor to consider is the risk of bringing cash to Gran Canaria: If it is lost or stolen, there is no way of getting it back.
It is much safer to bring a debit or credit card and use local bank ATMs to take out money. These days, a good option is a pre-charged debit card.
Cards may be slightly more expensive that carrying cash, unless you seek out a bank card with low commissions, but it is much more secure.
Bank ATMs like Bankia, Santander and BBVA often charge lower rates than the ATMs in shopping centres and busy tourist areas.
Alex Says: Always select the Euro option at ATMs in Gran Canaria because the exchange rate is much better than if you opt for the Local Currency option. The same applies when you pay by card in shops and restaurants.
See our Gran Canaria Tips section for more nuggets of useful local information.
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