Spain: Retirement - Page 4 of 4

expat network

Why Should You Retire To The Costa Blanca?

The Costa Blanca is one of the most popular regions for British expats retiring to Spain. It has a number of resorts that are popular with British retirees and not too overwhelmed by holidaymakers. Which are the most popular and what are their attractions? The Costa Blanca is extremely popular with people planning to retire...

Cost Of Living While Retiring Abroad

A lower cost of living is one of the factors when people consider retiring abroad. There are many countries where the cost of living is lower than in the UK, but the decision is always about having a lower cost to live the life that you want to live rather than finding the cheapest place...

Top Ten Tips To Settle Into Retirement Abroad

Settling in to living abroad can be a challenge at any time, but if you are also getting used to retirement after a long and active career, it can be even more difficult to achieve. Knowing what to expect can help to manage the transition and here we give our top ten tips to settling...

Looking To Transfer Your Expat Pension?

Expats generally have the right to transfer their pension abroad into a qualifying scheme. For some, the benefits of doing so are manifold. However, there are risks, and it’s fair to say that you need to tread very carefully when considering all your options, as a significant tax charge can apply in certain circumstances. Written...

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.