Expat Spain News

Latest 10 news items tagged Spain

23 Nov at 2 PM 2014

Expat Book: Lisa Sadleir and Moving to Spain With Children

We're thrilled to announce that Lisa Sadlier, winner of our Education and Integration Schools blogging competition, has just had her first book published. Congrats Lisa! So if you are thinking about moving to Spain with with your kids, check out "Moving to Spain with children" and, once you're there, start blogging and join our thriving community! <h3>Moving to Spain with Children, by Lisa Sadleir.</h3> If you search online you will find a multitude of books about Spain; books set in spain; books about: moving...
14 Nov at 2 PM 2014

British expats in Spain warned about healthcare registration

The UK’s Department of Health has warned Spanish-based expats that they have to properly register with authorities in the country to make sure they have full protection in the state healthcare system. “Moving to Spain? Think about Healthcare!” is the <a href="https://www.gov.uk/government/world-location-news/think-healthcare-when-moving-to-spain-or-it-could-cost-you-time-worry-and-money-warns-new-video">new video</a> produced by the department. The video, which informs would be expats that the process can...
6 Nov at 6 PM 2014

Hidden financial and legal hurdles cause most expat stress

A recently released survey warns that would-be expats seeking a new life overseas should watch out for hidden hurdles such as tax and currency issues or unfamiliar legalities. Up to 400,000 Brits emigrate every year, with most citing a more relaxed lifestyle as a major reason for their life-changing decision. However, the survey revealed that it’s not the most alien destinations as regards language and culture which cause the most stress – it’s mostly all-time favourite English-speaking countries such as Australia and the...
30 Oct at 6 PM 2014

QROPS aces in the tax hole for permanent expat residents

QROPS are still a good choice for expats living permanently overseas as they give significant tax advantages in addition to conforming to the new pension rules. Overseas workers and expats who’ve reached retirement will benefit tax-wise from a QROPS, provided they have left the UK on a permanent basis. According to the Treasury, the new pension rules announced in the March budget speech will apply to QROPS, although the final wording has yet to be drafted. Whatever the result, QROPS will still be a good deal for those who wish...
20 Oct at 6 PM 2014

Con man operating Marbella coloured diamond scam jailed for four years

A gang of fraudsters who targeted UK pensioners living along Spain’s Costa del Sol in a coloured diamond scams are now all behind bars. The gang of six, masterminded by Liverpudlian Adam Simmonds, operated a boiler room–style scam in the retirement hotspot of Marbella, hitting on unwary pensioners with offers of ‘rare’ coloured gemstones at hugely inflated prices. The pracitcally valueless diamonds were touted as an investment through the gang’s company, No 1 Gemstones. Thousands of retiree Brits were cold-called with the...
17 Oct at 6 PM 2014

Female expat in Spain accused of property fraud still on the run

Whilst most expat attention nowadays is focused on how to avoid financial fraud, a British expat is on the run in Spain after being accused of a long-term rental property scam. Many expats don’t realise that life in paradise can swiftly turn to life in hell, often with the assistance of seemingly trustworthy business people from their own home country. Rebecca Wells, a keen horserider from the UK, provides a perfect example of the kind of helper no-one needs, having gone on the run after being accused of property fraud. Wells...
14 Oct at 6 PM 2014

Spanish expat haven popularity under threat from Portuguese tax deal

In a bid to attract expats away from neighbouring Spain, Portugal is offering a new tax exemption scheme eliminating double taxation of any income from overseas. The new tax deal means that all income from overseas sources, including pension payments, will not now be subject to double taxation for at least 10 years. The scheme will apply to new arrivals who have not been resident in the country during the previous five years, although top-level professionals such as engineers, professors and technicians working within Portugal will be...
14 Oct at 6 PM 2014

Lloyds Bank blanks out expat savers with interest cut and transfer bans

Lloyds Bank has issued yet another blow to its loyal expat savers by cutting its interest rate and banning transfers to a better savings deal. Previously, long-term UK expat savers with easy-access savings accounts at Lloyds Bank were able to switch online to a better deal as regards interest rates. Loyal customers have now received letters from the bank informing them that rates on their easy-access accounts have been reduced to 0.55 per cent, and the ability to switch to a better deal has been removed. One 40-year Lloyds customer...
14 Oct at 6 PM 2014

Which country gives the best returns for expat property investors

The international real estate sector has traditionally been a favourite with expat property investors, but it’s anyone’s guess which locations will perform best over the long term. Over the past year, the UK housing market has seen soaring gains, with many expat investors eager to cash in on buy-to-let opportunities before they are priced out of the market. As the year draws to a close, many are finding they can’t afford properties in areas already saturated with foreign buyers, and are looking overseas to find the next hotspot....
23 Sep at 6 PM 2014

Spanish tax man hits out at expats with Gibraltar properties

British expats living in Spain who also own property in the British offshore financial hub of Gibraltar are being targeted by the Spanish tax authorities. The sovereignty of the famous Rock of Gibraltar has long been a thorn in the side of Spain, although Britain has managed to hang onto it for several centuries. Spanish finance minister Cristobal Montoro is claiming that 22,000 Gibraltar-registered companies and at least 6,000 expat property owners on the Rock are using Spanish public services but paying almost no tax. According...