The Spanish Non-Lucrative Visa offers residency to British nationals who have the financial means to support themselves without working. The Spanish Non-Lucrative Visa scheme is therefore ideal if yo ...
Taxation of UK Pensions in Spain
Spanish residents are subject to tax on all their worldwide income, and this may also include taxation of UK pensions in Spain. Unlike the UK, where aside from the tax free lumpsum, payments from pen ...
UK Financial Advisers With Clients Living in Spain and other EU countries
We wrote an article recently detailing that many British nationals living in Spain and other EU countries, have received letters from their UK banks telling them that their accounts will be closed at ...
UK Banks To Close Accounts & Withdraw Services for Brits Living in the EU
The UK press and expat papers in Spain have all carried articles warning that thousands of Brits living in the EU will have their UK bank accounts closed by the end of the year. In the UK the The Dai ...
What is Modelo 720?
Modelo 720 is the form which has to be completed by Spanish residents to declare overseas assets to the Tax Authorities. The requirement applies to anyone who lives in Spain, who owns, or is benefici ...
Exchanging Your Spanish Residency Certificate for the TIE for British UK Nationals
The TIE, Tarjeta de Indentidad de Extranjero, is the Spanish identification card for citizens from third countries (non-EU) who reside in Spain. Since July 2020 British UK nationals moving to Spain h ...
Non Residents Property Tax
Aside from Local (IBI), Capital Gains, Wealth and Inheritance Taxes, non residents must pay tax on any income they receive that arises in Spain. Income tax for non-residents is charged at a fixed rat ...
Can I keep my ISA’s when I move to Spain?
ISA's are very tax efficient ways to save or invest, as you pay no tax on savings interest, (not that you get any these days), and virtually no tax on investment returns. They are therefore usually th ...
What is QROPS?
QROPS - Qualifying Recognised Overseas Pension Scheme. A QROPS, or Qualifying Recognised Overseas Pension Scheme, is an overseas pension scheme that HM Revenue & Customs (HMRC) recognises as eligi ...
TIE Tarjeta de Identidad de Extranjero
The TIE, Tarjeta de Indentidad de Extranjero, or foreigners ID card, is the Spanish identification card for citizens from third countries (non-EU) who reside in Spain. Once you have arrived in Spain ...