Beyond Barcelona: Exploring Lesser-Known Gems For Expats Moving To Spain
With its rich history, vibrant culture, and stunning landscapes, Spain has long been a popular destination for expats seeking a new life abroad. While cities like Barcelona and Madrid often steal the spotlight, many lesser-known gems offer a unique and authentic experience for expats moving to Spain. In this article, we’ll explore some of these...
Why Spain Is A Leading Destination With Remote Workers
In recent years, Spain has emerged as a leading destination for digital nomads and remote workers from around the world. With its vibrant cities, lower cost of living, excellent infrastructure and idyllic landscapes, Spain offers an appealing lifestyle for professionals who can work from anywhere. Major cities like Madrid and Barcelona provide cosmopolitan environments with...
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...
When Am I A Tax Resident In Spain? How Do I Calculate The 183 Days?
Many people like to spend time in Spain especially if they have a holiday home in the country. However, if you spend too long in Spain you can become tax resident in Spain and become subject to tax on your worldwide as well as Spanish income. Here Nedelcheva Anghelova, tax lawyer at AGM Abogados, explains...
6 Tips For Expats Looking To Ward Off The January Blues
Blue Monday was a term coined by psychologist Dr Cliff Arnal in 2004. He worked out a formula to show how the third Monday in January is the most depressing day of the year. It takes into account factors including the average time for New Year’s resolutions to fail, the bad weather, debt, the time since...
Spain’s Non-Lucrative Visa: A Good Option For Those Retiring To Spain
Spain’s Non-Lucrative Visa allows non-EU citizens to live in Spain provided they are able to support themselves financially. It is used by those planning to retire to Spain and is an option for British retirees and other people who do not plan to work in Spain now that the UK is no longer a member...
Tips For Managing Spanish Mortgage Payments
Home purchasing is one of the most significant financial obligations you will make when moving to Spain. It can support your financial future investments, give you a secure place to live, and give you a place you can call home for many years. Your lender and the kind of loan you have will determine what...
Pent Up’ British Demand For European Property Could Lead To Record Transactions In 2024
Kyero, the UK-based international property portal, has outlined the potential for record European property transactions in 2024 as the company described ‘pent up British demand’ for European property as buyers await a possible relaxation in the post-Brexit 90/180 day residency limits. In an analysis of one of the largest data sets in the industry (consisting...
Can Brits Still Afford To Move Or Retire To The Sun?
Now the UK has left the EU, work permits in Spain are more difficult to obtain and if you plan to retire to Spain you have to get a visa and demonstrate that you can financially support yourself. These more onerous requirements have ended the dreams of those who had planned to move or retire...
Financial Planning When Moving To Or Living In Spain
An overview of the Spanish tax system and the issues you need to address before you move to Spain as well as insight into effective financial planning when living in Spain. Planning for retirement and inheritance tax issues. In this webinar Brett Hanson of Blevins Franks in Spain gives you an insight into the differences...
Moving Abroad For Work? Five Tips To Help You Settle In Quickly
Moving abroad for work can be an exciting but also challenging experience, and settling into a new country and adapting to a different culture can take time. However, there are several things you can do to help make the transition smoother. Here, the overseas property experts at Property Guides have revealed their top tips for...