Resolve to review your financial planning for 2024
If you do not already have a financial plan in place for Spain, take a fresh look at your savings and investments.
Spain extends some anti-inflation measures into 2024
Spain on Wednesday extended a slew of measures designed to help people cope with high costs of living into 2024, even as the rate of inflation slows.
Is 2024 the year you consider downsizing your property?
With today’s increased life expectancy, you may need your existing wealth to stretch long into retirement.
Inheritance and gift tax
The amendment of the legislation completely eliminates inheritance and gift tax for inheritances between parents and children, grandparents and grandchildren and spouses.
Spanish succession tax in the Balearics
SSGT applies to inheritances and lifetime gifts. It is due when the beneficiary is resident in Spain, or the asset being gifted or inherited is a Spanish asset.
Taking your UK pension in Spain Tax and advisory issues to be aware of
A 2021 ruling determines that unless a pension is a Spanish or EU contract, transfers from ‘third country’ pension schemes to EEA pension schemes are subject to personal income tax on the whole fund value, up to 49.5% in the Balearics.
Farming in Spain
We are 100 percent sufficient for food and drink.
From Eton to running a small farm in Spain
Meet Paul Richardson who has embraced the Spanish way of life.
Waiting at the Post Office
What about our Spanish friends - do they always expect to wait 8 minutes 23 seconds to buy a stamp at their local post-office, or was it just me?
Spain ranks among the top 20 European countries for digital nomads
If you’re an avid coffee drinker, Spain is the 11th cheapest place to purchase a coffee, costing only 1.90 euro
The first step on your financial journey in Spain – choosing your adviser
Your UK adviser is unlikely to know the ins and out of local regulations in the Balearics (which vary from elsewhere in Spain) or keep on top of reforms.
Inflation update and planning ahead to protect our savings
It has been two years now since inflation began to climb and we were soon noticing the higher cost of living. Prices peaked last autumn and the situation is improving now.
The UK has endured persistently high inflation
The UK has endured persistently high inflation.
UK inheritance tax
The standard inheritance tax nil rate band has been frozen at £325,000 since 2009.
‘August, nothing much to think about’ rant in Soller
It really is party time in the Soller Valley.
Sardinero beach in Santander
Sardinero beach in Santander, in the north of Spain.
Strategic financial planning for Spain
Every family is different. Your strategic financial planning must be carefully designed for you.
You can only spend up to 90 days in any rolling 180-day period without a visa
You can only spend up to 90 days in any rolling 180-day period without a visa.
Spain’s Non-Lucrative Visa
Spain continues to welcome UK citizens to their communities, but it is under different rules and the process is more bureaucratic and complex.
- Another body found by a Mallorca beach
- As the town hall announces 21 million euros investment, Playa de Palma residents denounce drugs and homelessness
- Balearic government plans big increase in tax on cruise ship passengers and even a cash levy on hire cars
- The growing problem in the Balearics of the illegal marketing of second homes as tourist accommodation
- Sunday weather in Mallorca - Feeling some effect from Storm Jana
Comment
Britons lost in Mallorca
One thing is promoting British business in Spain, but I thought the Foreign and Commonwealth Office also looked after Britons living in Spain.
Humphrey Carter21/07/2023 12:34