Money - Expat Network

Understanding Spanish Taxes For UK Expats

It is important to understand your new tax responsibilities when you decide to become resident in Spain.. Yes, even in a new country, you still must pay taxes. There are several similarities to your regular taxes, but here Holborn Assets explain the major points to plan for regarding Spanish taxes so you can prepare…

Do UK Pensions Now Attract Wealth Tax In Spain?

One potential effect of Brexit for Spanish residents is that some UK pensions may now fall into the Spanish wealth tax net for the first time. Generally, Brexit has not affected the tax treatment for UK nationals settled in Spain, as the UK-Spain double tax treaty determines how Spanish residents are taxed on UK assets….

Are Expats Obliged To Declare Their Foreign Income In Spain?

Since 2013, the Spanish tax authority has required every person having a tax residence in Spain to declare all foreign assets using the 720 Form. The original purpose of this measure was to fight fraud and discover all hidden assets that belonged to Spanish citizens. But in practice, the obligation to submit 720 has become…

How To Avoid Post-Brexit Banking Issues For UK Nationals

Now that the UK has left the EU many UK nationals living in the EU face problems retaining their UK bank accounts and have difficulties and higher transactions costs making and receiving sterling payments. Here Monito explain the causes and potential solutions. Economically, Brexit means that the UK has left the…

Britons In The EU Face Investment And Pension Problems

Brexit has meant many UK citizens living in the EU have seen the forced closure of their UK bank accounts. But this is likely to be just the beginning – EU pensions and investments could be next. Financial services – 6.9% of the UK economy in 2019, do not form…

Britons In The EU Face Investment And Pension Problems

Brexit has meant many UK citizens living in the EU have seen the forced closure of their UK bank accounts. But this is likely to be just the beginning – expat pensions and investments could be next. Financial services – 6.9% of the UK economy in 2019, do not form…

Spanish Mortgages And Covid-19 Update

Covid-19 is having an impact around the world, but as we sit in lockdown many consider their plans for the future. With the agreement of Mortgage Direct we are publishing an article by Simon Staples which provides a surprising insight into the Spanish mortgage market during these difficult times where it is possible to move…

All Things Tax For UK Expats

Expat tax affairs can be complicated, so GoSimple Tax have gathered some tips to help you understand your tax requirements as a UK expat that is still domiciled in the UK. This article was written exclusively for Expat Network by SimpleTax Income Tax The tax you’ll need to pay within the UK on your foreign…

What Are The Best Options For Moving Money Abroad?

Today there are many options for moving money abroad and making the most appropriate choice depends on how much you are moving and whether you will be sending regular amounts. Short Term Travel Credit cards or holiday cash can cover short term holiday requirements, but if you are planning to buy a house or cover…

Taxation Of US Expats: The Basics

The basic principle is that Americans living and working abroad are subject to the same tax rules as those who remain in the US. Americans are subject to US income tax on their worldwide income. There are the additional reporting requirements of FATCA and FBAR (see Five Things American Expats Need to Know About Foreign…

Moving to Spain – Money

So, you are moving to Spain!

Understanding Spanish Taxes For UK Expats

Do UK Pensions Now Attract Wealth Tax In Spain?

Are Expats Obliged To Declare Their Foreign Income In Spain?

How To Avoid Post-Brexit Banking Issues For UK Nationals

Britons In The EU Face Investment And Pension Problems

Britons In The EU Face Investment And Pension Problems

Spanish Mortgages And Covid-19 Update

All Things Tax For UK Expats

What Are The Best Options For Moving Money Abroad?

Taxation Of US Expats: The Basics