The Blevins Franks Guide to Living in Spain (Ed. 11) (2nd Hand Paperback)
- Format : 2nd Hand Paperback
- Condition : Very Good
- Category : Non-Fiction - Europe
- Published : 2016
- ISBN : 9789990932102
- SKU : B001093
- PPC : SP400gm
- Quantity Available : 1 only.
There are many attractions and advantages to living in Spain. However, there are some drawbacks too, such as unfamiliar local bureaucracy and a complex, expensive and frequently changing tax regime.
To get the best out of living here, your financial planning should be specifically set up to work well and provide advantages in Spain, while taking your family’s situation into account. You need to understand how the various Spanish taxes impact you - the succession tax rules and wealth tax can be an unwelcome surprise for British expatriates - and how you can use the rules to your advantage.
Spanish succession law, with its forced heirship regime, is also unfamiliar for UK nationals, and you will need to make sure you have suitable Wills.
Establish what the best savings and investment strategy is for you now, with your changed circumstances, and look at how all the options for your UK pension funds would work in Spain, from a general and tax perspective. Consider also capital gains tax on selling your UK assets and if you can avoid it.
The sooner you get your financial planning sorted, the sooner you can get on with enjoying your life in Spain.
The Blevins Franks Guide to Living in Spain has been written to provide UK nationals with the key information they need regarding tax and wealth management in Spain. It is useful whether you are at the planning stages of moving here, are a new arrival or have been living here a while, or if you own a Spanish holiday home. It is also helpful for those returning to the UK.
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