Healthcare is excellent in this city, and there are plenty of job opportunities for those who want to work after their move.

We have also bonded with several other families traveling the world have become our friends. The key date for your calendar is 183 days after moving to Spain.

Money and Pensions when Retiring to Spain. Click the button below to get the expert advice you need to make the best financial decisions. Learn how your comment data is processed. Another aspect you need to consider is estate planning, which covers making wills in the UK and Spain and protecting your assets from wealth tax. Sorry, your blog cannot share posts by email. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. They cannot tell you about better products from providers outside the network, so the odds are you could always miss something cheaper or more effective. If you have any detailed questions about our budget and I didn’t cover them in the post, just ask us. The good news is retiring to Spain and living like a local is a lot cheaper than visiting the country as a tourist. If you are considering living in Spain, as with everywhere else, it’s a good idea to rent first.

This small Spanish city has a vibrant nightlife and an outstanding culinary scene, which will appeal to those who enjoy an active social life. Shhhh don’t tell anyone about our “side jobs”.

No wonder 6 million foreigners choose to call Spain home – one in eight of the population of 48 million. We applied for the renewal in early August and hope to have our answer in late August or early September. API offers study abroad programs for those who want to take their gap... Why limit yourself to just one ocean, country or continent? Other appealing features include the many employment opportunities, the English-speaking communities, the excellent healthcare, and the general standard of living. An independent financial adviser can explain your options and offer suggestions that you probably have not thought about. To do this you’ll need a statement from HMRC of your contributions and you need to complete Form CA3916.

If they can’t offer good customer service to new clients, they are unlikely to improve when you become a client, London Institute of Banking and Finance (LIBF), Chartered Institute of Bankers in Scotland (CIOBS), Chartered Institute for Securities & Investment (CISI), Society of Trust and Estate Practitioners (STEP), Don’t wait for the tax authorities to catch up with you – expats should start tax planning at home and in Spain months before their departure date, Tax follows residence, so confirm where you are likely to be tax resident and follow the correct rules, Don’t try to navigate complicated tax rules on your own, but seek professional advice, Expats like to move their money freely, but some countries impose rules and exit taxes about when taking local currency beyond the borders. It is a surprisingly affordable place to live, and the house prices are also reasonable. Hopefully things will work out, and you’ll get an extension to your visa… The adventure continues!

This city is in the Basque country in Northern Spain, and it is a lot cooler than the southern cities. It sounded like a grand and impossible idea: moving to Spain for a year. You can speak to an IFA about switching to a defined contribution scheme to access the money from the age of 55 under flexible pension rules. In addition to this we wanted to travel and explore as much of our European cultural heritage and family connections as we could during the school holidays or long weekends. The factfind also considers how much investment risk you are ready to take. Yes every person requires a visa including the children. Over the last two decades, this city has undergone a significant transformation to make this once industrial port city into a modern and inviting place to live. If you have a swimming pool, the running and cleaning costs can be an expensive luxury. You have 12 months to drawdown every small fund after taking the first lump sum, The all-or-nothing rule means you do not have to drawdown every small pot pension, but if you take any money from a pension, you must take all the cash in the fund, The adviser’s qualifications and experience working with expats in Spain, Working out fee and commission structures in advance to avoid later surprises, Looking at arrangements for continuing advice should you or the adviser move or leave Spain, Find out if the adviser can help with tax and estate planning between the UK and Spain, Note how quickly an adviser responds to your calls or email. Spanish culture is widely known for its unique styles of art and music. Other popular areas include the Costa Dorada and Costa Blanca near Barcelona, in Catalonia. Hello Aussie friends,

The cost of living in Spain is not as high as in other big EU countries. Hope to see you again. It’s easy to go to Spain as a tourist for up to 90 days at a stretch. I can’t believe it, we have been living in Spain for a full year. We have also bonded with Erin Travel with Bender and hope to meet up with them when they are in Spain this fall, the Travel-Junkies, World Travel Family, Capturing la Vita, Our Big Fat Travel Adventure and so many others are listed in our inspiration list. However, I did think it would be good to point out a few of our lessons learned and our “takeaways” from the past year. Same for us, life here seems now so empty even if it is the “real life” …, So, what next ? In Spain, some advisers charge a fee, while most bundle commission with the cost of the products and services they recommend, which often means you never know how much you are paying for advice. This city has a sense of style and luxury, and it offers residents and visitors plenty of activities to enjoy.

The hope is that we all learn how to graciously face confrontation, how to share what we are feeling and how to express ourselves. The self-employed, or autónomo as they’re known, are unlikely to have made enough contributions to support a claim unemployment benefit while in Spain. Currently, the 15-year rule restricts voting. These include the friendly residents, the fantastic beach, the historic Old Town, and the amazing culinary scene. To take part, register on the municipal roll (padron municipal) and electoral roll where you live. Take a close-up head-and-shoulders image with no one else or any objects in the picture.

British expats can continue to live and work in Spain mostly under the same terms as before the agreement came into force on January 31, 2020. Registration is separate to signing up as a resident. We understand each family is different so we are flexible in how we can assist you. Managing your finances via your smart phone is gaining in popularity for expats globally.