Dear Sir,
Let me share the best investment I ever made! It may be still available to many of you.
If you've paid into the UK DHSS for some years and then moved to Spain you don't need to lose all or even any of your contributions as you can make voluntary payments until you are 65 to top up to a full UK pension. Take my example - my first 10 working years were with UK companies who paid my Social Security then the next 30 I worked overseas and paid the DHSS myself. I paid it once a year at a much reduced rate. For example in my last year (at 64) I paid in £360 but in my first retirement month (at 65) I received back £386. This has continued each month (plus inflation) and still does. By the time I was 67 and a bit I'd broken even and ever since I've been in pure profit.
Also in Holiday
- UK entry visa comes into force on Wednesday
- Curtain comes down on Son Amar, the popular Mallorca nightspot
- New train service will have 10 kilometre underground section, linked with Palma airport
- Mallorca beaches at Soller and Andratx covered by thousands of 'little sails'
- The Mallorca weather forecast (April 1). Enjoy the good weather while it lasts!
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