18 Jun 2025
Moving from Lahore to Madrid is an exciting chapter for any Pakistani—whether you're pursuing studies, work, or starting a new life. But living abroad comes with new financial responsibilities. Balancing the cost of living, personal goals, and regular money transfer from Spain to Pakistan can be challenging without a smart plan.
The good news? You can enjoy a fulfilling life in Spain without overspending. This guide will walk you through practical tips to live affordably in Madrid (and across Spain), while ensuring you can send money to Pakistan from Spain regularly and responsibly.
Discover the true cost of living in Madrid, from housing and groceries to transport and leisure.
Madrid is not the cheapest city in Spain, but with a little planning, you can live comfortably on a reasonable budget. Here's what a typical monthly budget might look like:
With careful management, you can maintain a monthly budget under €1,000 and still have room to send money online to Pakistan from Spain to support your loved ones.
Explore smart housing options in Madrid tailored for Pakistani expats seeking comfort, affordability, and convenience.
One of the most effective ways to save is by sharing a flat. Many Pakistani students and expats in Madrid live in shared apartments (pisos compartidos) with fellow countrymen or international roommates.
Neighbourhoods like Carabanchel, Vallecas, and Tetuán offer affordable rent options without sacrificing safety or accessibility. You'll find that you can save significantly on rent and commute easily via Madrid’s metro.
Learn how to save money on daily essentials in Madrid without compromising on quality or comfort.
Restaurants in Spain are expensive, especially when dining frequently. Cooking at home helps you stay within budget and maintain your traditional Pakistani diet. Local shops and halal butchers stock ingredients like:
Stores like Pak Asia Supermercado in Madrid cater specifically to the South Asian community.
Madrid’s public transport is cheap, reliable, and well-connected. Get a monthly transport card (Abono) for unlimited metro and bus rides. Students and youth under 26 often get additional discounts.
Spain offers plenty of free or low-cost activities that don’t drain your wallet.
Staying socially active doesn’t mean spending more—it’s about finding the right spaces to connect.
Many Pakistani expats regularly send money to Pakistan from Spain to support their families, pay for education, or help during emergencies. But how you transfer money matters—a lot.
Traditional bank transfers are often slow and come with hefty fees. Plus, you may lose money in poor exchange rates.
With ACE, you can confidently make an online money transfer to Pakistan from Spain in just a few clicks—anytime, anywhere.
Here’s a quick guide to hassle-free remittance:
ACE ensures your money reaches your family quickly and safely, supporting your commitment to home while building a life in Spain.
Living cost-effectively isn’t just about the present—it helps you plan for the future.
You can find useful budgeting resources and financial tools at Your Europe – EU Finance Portal.
From Lahore’s bustling streets to Madrid’s charming corners, adapting to a new life doesn’t mean giving up on your roots. With smart money habits and strategic choices, you can enjoy Spain without financial strain—and still send money online to Pakistan from Spain to take care of your family.
ACE Money Transfer makes remittance easy, secure, and cost-effective—so your loved ones stay supported, and you stay stress-free. Live well, spend smart, and build a better tomorrow.
Using a trusted service like ACE Money Transfer is the best way to ensure secure, fast, and affordable transfers.
Yes, suburban areas like Vallecas and Carabanchel offer lower rent while staying well-connected to the metro.
Avoid bank transfers and choose online platforms like ACE that offer low fees and better exchange rates.
Yes, international students can work up to 20 hours per week during the academic term and full-time during breaks.
Yes, Madrid has several halal stores and Pakistani restaurants where you can find familiar ingredients and meals.
