Money - Expat Network

Inheritance Trusts: Inheritance Tax In Spain

A trust is a legal arrangement used in countries such as the United States and the United Kingdom, but it is not recognised in Spain. Here AGM Abogados explain the issues around the use of trusts and inheritance tax in Spain. Written exclusively for Expat Network by Dimitrichka Nedelcheva Anghelova, Tax and Fiscal Lawyer. AGM…

Banking In Spain

When moving to a new country you should take a look at your banking arrangements. It is generally possible to use your existing bank from your home country for many purposes, but it is worth opening a local Spanish account for most people. International Online Banks You can also consider using one of the growing…

Deduction For Double Taxation On Foreign Inheritances For Spanish Residents: Do I Have To Pay Inheritance Tax In Both Countries?

When receiving an inheritance from abroad while being a tax resident in Spain, several important aspects must be borne in mind so that the process is handled correctly and all the legal and tax obligations are met. In our previous article “Receiving an inheritance from abroad: special considerations for Spain taxpayers“, we explained all the…

How Investment Capital And Income Is Taxed In Spain

How much tax you pay on your investment capital and income in Spain is determined by your circumstances and the structure of your assets. Here, we break down some of the important considerations that affect your financial situation as an expatriate living in Spain. Written by Jason Porter of Blevins Franks Whether you have bank…

The UK Tax Residence Test And Expatriates – Are You Sure You Have Escaped UK Taxation?

The UK statutory residence test determines whether or not individuals are resident in the UK for tax purposes. It can continue to impact British expatriates more than you realise, so it’s important to understand the rules and follow them carefully where necessary. Written by Jason Porter of Blevins Franks You may be settled in a…

How To Retire Abroad To Spain With Financial Peace Of Mind

Anyone recently retired or approaching retirement is entering a new and exciting phase in life. While some worry retirement will be boring, many embrace the freedom it offers. Spain certainly offers a beneficial lifestyle for retirees. But long-term financial security is crucial to help you enjoy your retirement years. Retire abroad to Spain with financial…

Your Guide To UK Pensions As An Expat In Spain

Whether you’ve already moved to Spain, or you plan to retire there, it is important to have a good understanding of your pension portfolio. It is likely that your UK pensions are the major contributor for your income in retirement. Therefore, it is important to have a good understanding to ensure they last as long…

Benefits Of A Spanish Compliant Investment Bond As A British Expat

One of the major goals of every investor is to find ways to reduce costs and enhance the growth of their investments. Different kinds of investments have different rules that apply to them and influence their growth and profitability. To make the right choices, you need to have a good understanding of how these…

Receiving An Inheritance From Abroad: Special Considerations For Spain Taxpayers

My habitual residence is in Spain and I have received an inheritance from abroad. Do I have to pay taxes in Spain? Can I deduct inheritance tax paid abroad? Written by Dimitrichka Nedelcheva Anghelova, tax lawyer. AGM Abogados The tax consequences in Spain of receiving an inheritance abroad will depend on where the heir lives…

Spain’s Co-Investment Fund (FOCO)

In Spain, the Council of Ministers of 27 December 2023 approved the creation of the Co-Investment Fund (also known as “FOCO” in Spain). The management of the Fund is entrusted to COFIDES and will have resources from the Next Generation EU instrument and a budget of €2 billion. The purpose is to mobilise resources from…

Moving to Spain – Money

So, you are moving to Spain!

Inheritance Trusts: Inheritance Tax In Spain

Banking In Spain

Deduction For Double Taxation On Foreign Inheritances For Spanish Residents: Do I Have To Pay Inheritance Tax In Both Countries?

How Investment Capital And Income Is Taxed In Spain

The UK Tax Residence Test And Expatriates – Are You Sure You Have Escaped UK Taxation?

How To Retire Abroad To Spain With Financial Peace Of Mind

Your Guide To UK Pensions As An Expat In Spain

Benefits Of A Spanish Compliant Investment Bond As A British Expat

Receiving An Inheritance From Abroad: Special Considerations For Spain Taxpayers

Spain’s Co-Investment Fund (FOCO)