expat network
renting property in Spain

What You Need To Know Before Renting Property In Spain

There are many advantages to renting rather than buying in Spain and it is worth considering renting initially even if you plan to buy. How do you find a rental property, what are your options and how does the rental process work? Here we set out what you need to know before renting in Spain...

Driving In Spain

Driving In Spain

Driving in Spain is allowed on a foreign licence as a visitor but non-EU residents need to exchange for a Spanish licence after six months. What is involved? You will also need to understand what items and documentation you need to carry in the car with you and what the penalties for traffic violations....

renting in france

Renting In France: 5 Things To Keep In Mind

Maybe it has always been your dream, the streets of Paris, the romantic vibes of the Côte d’Azur, its incredible wine and cheese delights, or anything edible really, maybe it’s just a case of a temporary work relocation to the land of love. Written exclusively for Expat Network by Nestpick In France, locals queue...

stamp duty holiday

The Pros And Cons Of The Stamp Duty Holiday

The stamp duty holiday granted by the Chancellor in July 2020 ends in March 2021.  Here One Touch Investment look in depth at the impact this has had on the buy to let market and what is likely to happen after the stamp duty holiday ends. Written exclusively for Expat Network by One Touch Investment. ...

Expat Landlords

Expat Landlords – Your Self-Assessment Guide

If you make money from renting out your property to others, HM Revenue and Customs considers you as a landlord, even if you don’t think you are. As such, expat landlords will need to fill in an annual Self-Assessment tax return form (which tells HMRC how much Income Tax you’ll owe on your earnings)...

Mortgage Payments

Beware The Mortgage Payment Holiday For Buy To Let

With the current Covid crisis many banks are offering mortgage payment holidays in accordance with UK government policy.  However, the consequences for buy to let investors need to be considered to ensure it does not impact your credit for future investments. As England moves into its latest full lockdown and banks once again offer...

house prices

Portugal’s House Prices Increase Whilst Rental Prices Decrease

In their annual report on house purchase and rental prices in Portugal Imovirtual have seen increases in the price of buying property in many areas but a reduction in rental prices. Here they set out the results for each area. Written exclusively for Expat Network by Imovirtual House Prices in Portugal House prices in...

tax changes

A Guide To Recent Tax Changes For Landlords

With the latest Budget fresh in everyone’s minds, it’s easy to lose track of the changes actually impacting landlords today.  For landlords who don’t have the time to keep abreast of every update to legislation, it’s hard to keep up and remain compliant. That’s why we’ve asked Mike Parkes from GoSimpleTax to weigh in on...

tax implications

Tax Implications Expats With Property In Spain Should Consider In A Post-Brexit World

The UK’s exit from the European Union has prompted expats to review the way in which they manage their estates and hand down their property abroad. While the issue is shrouded with misconceptions, people are more alive now than ever to their options for succession planning. But it doesn’t stop there. Richard Bate, Partner at...

property market

UK Property Market Held Back By Brexit

The UK property market is being held back by the uncertainties over Brexit with London and the South East particularly impacted, but what is the picture around the country and what are the prospects going forward. The latest report from Nationwide shows that UK property market remains subdued with the political turmoil and uncertainties...

U.S. taxes

U.S. Taxes For Expatriates – Pitfalls And Traps

To ensure a smooth tax-filing process be well informed. Having residency in a foreign country without exploring tax ramifications could mean paying more than expected to the U.S. government or home state with possible penalties and interest. This article was written exclusively for Expat Network by American Expat Tax Some important considerations include… Foreign earned...

studio apartment

Skipton Extends Expat Lending To Include Studio Apartments

Skipton International, who provide buy-to-let mortgages for British expats in England, Wales and Scotland, has responded to the increasing demand for all types of investment buy-to-let property, by extending the terms of its mortgage proposition to include studio apartments valued at £250,000 and above. Broadening the scope of its lending criteria will offer Skipton’s customers...