| Spain on 09:35 - Jan 14 with 712 views | Luther27 |
Taken a leaf out of Pembroke and Cornwall housing/council tax policies. |  | |  |
| Spain on 09:38 - Jan 14 with 700 views | onehunglow |
Most moved to France but grandkids put end to the idea
It can be lovely away from ex daycare's
Think Keith H has done it right
He's a smarty | |
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| Spain on 09:39 - Jan 14 with 700 views | felixstowe_jack |
Spain are not proposing to double the tax for Spanish citizens unlike the Welsh government plans to tax British citizens. | |
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| Spain on 09:41 - Jan 14 with 681 views | KeithHaynes |
This is about non residents buying property.
If you want to move here you have to be a resident, (TIE) a bit of a process but not impossible.
Brexit didn’t do a lot for the UK. |  |
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| Spain on 09:46 - Jan 14 with 665 views | felixstowe_jack |
| Spain on 09:41 - Jan 14 by KeithHaynes |
This is about non residents buying property.
If you want to move here you have to be a resident, (TIE) a bit of a process but not impossible.
Brexit didn’t do a lot for the UK. |
Not sure why you have changed to topic onto Brexit. Spain did not vote for Brexit and is still in the EU. The measures Spain are taking are a result of the EU's mass immigration policy and freedom of movement within the EU. | |
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| Spain on 10:01 - Jan 14 with 650 views | Whiterockin |
| Spain on 09:41 - Jan 14 by KeithHaynes |
This is about non residents buying property.
If you want to move here you have to be a resident, (TIE) a bit of a process but not impossible.
Brexit didn’t do a lot for the UK. |
I know some who bought while working and rented out when not using it and settled permanently when they gave up work. Wouldn't this stop that process, I know a couple who were still planning to do that. |  | | |
| Spain on 10:09 - Jan 14 with 618 views | KeithHaynes |
| Spain on 09:46 - Jan 14 by felixstowe_jack |
Not sure why you have changed to topic onto Brexit. Spain did not vote for Brexit and is still in the EU. The measures Spain are taking are a result of the EU's mass immigration policy and freedom of movement within the EU. |
I’m talking about what you need to do to avoid these taxes, as a result of brexit it has become a lot harder. I’m not turning it to brexit, it’s a fact, to become a resident here now is far harder because of brexit.
I bow to no political party, alleged right, left or otherwise. That clearly means I don’t even see a comment about Brexit in the way you do.
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| Spain on 10:20 - Jan 14 with 591 views | majorraglan |
| Spain on 09:46 - Jan 14 by felixstowe_jack |
Not sure why you have changed to topic onto Brexit. Spain did not vote for Brexit and is still in the EU. The measures Spain are taking are a result of the EU's mass immigration policy and freedom of movement within the EU. |
Because the impact on Brits is as a result of Brexit, the 100% tax only applies to non EU citizens. We voted for Brexit, so we have to suck it up. | | | |
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| Spain on 10:21 - Jan 14 with 585 views | KeithHaynes |
| Spain on 10:01 - Jan 14 by Whiterockin |
I know some who bought while working and rented out when not using it and settled permanently when they gave up work. Wouldn't this stop that process, I know a couple who were still planning to do that. |
Everyone needs a residencia now (TIe) to live and work in Spain. That’s been the case since brexit. If you don’t you are an illegal immigrant and will treated as such, in a UK citizens case deported, it has happened in recent times.
Once you have that you can buy anything in Spain easier, open better banking opportunities and apply for loans or whatever. As it stands you can buy property here as a UK citizen but if these rules come in then you will pay for it in taxes it seems. People who are residents and live here won’t be affected if their paperwork is in order. At this time you pay residents tax or non residents tax which is a bit of a minefield.
If people want to buy now I would do it, plus costs in Spain are spiralling. If this law comes in then make the decision to sell or move and be a resident. To do that you do need a decent income these days, private health for under 67 there’s a lot of criteria now. Since Brexit. | |
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| Spain on 10:24 - Jan 14 with 573 views | Whiterockin |
| Spain on 10:21 - Jan 14 by KeithHaynes |
Everyone needs a residencia now (TIe) to live and work in Spain. That’s been the case since brexit. If you don’t you are an illegal immigrant and will treated as such, in a UK citizens case deported, it has happened in recent times.
Once you have that you can buy anything in Spain easier, open better banking opportunities and apply for loans or whatever. As it stands you can buy property here as a UK citizen but if these rules come in then you will pay for it in taxes it seems. People who are residents and live here won’t be affected if their paperwork is in order. At this time you pay residents tax or non residents tax which is a bit of a minefield.
If people want to buy now I would do it, plus costs in Spain are spiralling. If this law comes in then make the decision to sell or move and be a resident. To do that you do need a decent income these days, private health for under 67 there’s a lot of criteria now. Since Brexit. |
Thank you for the explanation. Not for me though I love my life and family here too much. | | | |
| Spain on 10:24 - Jan 14 with 573 views | KeithHaynes |
| Spain on 09:39 - Jan 14 by felixstowe_jack |
Spain are not proposing to double the tax for Spanish citizens unlike the Welsh government plans to tax British citizens. |
No they are proposing that all you earn (100%) is taken away from you. Everything.
I couldn’t care, the UK have had the best of high worlds for too long. | |
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| Spain on 10:28 - Jan 14 with 559 views | KeithHaynes |
| Spain on 10:24 - Jan 14 by Whiterockin |
Thank you for the explanation. Not for me though I love my life and family here too much. |
If you can balance life properly have your family visit, go back and forth as we do regularly then it isn’t that bad. FaceTime means a daily chat if you want. Not as bad as it seems. As you know we have a daughter dying from cancer (diagnosed after we moved here or we wouldn’t have done it) I actually see her and speak to her more now than ever. | |
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| Spain on 10:35 - Jan 14 with 545 views | Whiterockin |
| Spain on 10:28 - Jan 14 by KeithHaynes |
If you can balance life properly have your family visit, go back and forth as we do regularly then it isn’t that bad. FaceTime means a daily chat if you want. Not as bad as it seems. As you know we have a daughter dying from cancer (diagnosed after we moved here or we wouldn’t have done it) I actually see her and speak to her more now than ever. |
Modern technology is a fantastic asset, but I enjoy watching family with their various sports. Sometimes it's available live on YouTube but it doesn't compare to actually being there and giving support for me. | | | |
| Spain on 11:56 - Jan 14 with 450 views | onehunglow |
| Spain on 10:35 - Jan 14 by Whiterockin |
Modern technology is a fantastic asset, but I enjoy watching family with their various sports. Sometimes it's available live on YouTube but it doesn't compare to actually being there and giving support for me. |
The ties that bind | |
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| Spain on 13:10 - Jan 14 with 380 views | majorraglan |
| Spain on 10:21 - Jan 14 by KeithHaynes |
Everyone needs a residencia now (TIe) to live and work in Spain. That’s been the case since brexit. If you don’t you are an illegal immigrant and will treated as such, in a UK citizens case deported, it has happened in recent times.
Once you have that you can buy anything in Spain easier, open better banking opportunities and apply for loans or whatever. As it stands you can buy property here as a UK citizen but if these rules come in then you will pay for it in taxes it seems. People who are residents and live here won’t be affected if their paperwork is in order. At this time you pay residents tax or non residents tax which is a bit of a minefield.
If people want to buy now I would do it, plus costs in Spain are spiralling. If this law comes in then make the decision to sell or move and be a resident. To do that you do need a decent income these days, private health for under 67 there’s a lot of criteria now. Since Brexit. |
The Spanish are also looking at closing the Golden Visa process which allows anyone with a bit of serious wonga to buy their way to a passport, other EU countries have the Golden Visa scheme too which has enabled all sorts of people including some seriously dodgy ones to secure EU passports. The U.K. closed its Golden Visa scheme in 2022 after the Russians invaded Ukraine.
The only people this will really affect are Mr and Mrs average who’ve squirrelled some cash away for a dream holiday home, the wealthy and super rich will be able to afford the tax. | | | |
| Spain on 14:27 - Jan 14 with 327 views | KeithHaynes |
| Spain on 13:10 - Jan 14 by majorraglan |
The Spanish are also looking at closing the Golden Visa process which allows anyone with a bit of serious wonga to buy their way to a passport, other EU countries have the Golden Visa scheme too which has enabled all sorts of people including some seriously dodgy ones to secure EU passports. The U.K. closed its Golden Visa scheme in 2022 after the Russians invaded Ukraine.
The only people this will really affect are Mr and Mrs average who’ve squirrelled some cash away for a dream holiday home, the wealthy and super rich will be able to afford the tax. |
That’s pretty much correct mate, it really never worked properly in many cases as once people experienced the Spanish property market with their wedge invested many lost out. This country is still very much run on what they call ‘black money’ (corruption) laundered by your average Joe like paying a certain price that you declare on a house and then paying the rest in cash which isn’t disclosed.
People see it as a bargain in getting cheaper houses. But if you have a value set on your house say 250k then buying it for a 100k less can lead to the house being repossessed by the govt.
The Spanish are getting switched on to everyhting these days, but only in the past four years or so. | |
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| Spain on 15:35 - Jan 14 with 284 views | cr996 |
If I'm reading this right, so if a property is valued at 500k you'd have to pay 500k in tax on it too? Bonkers | | | |
| Spain on 16:00 - Jan 14 with 250 views | majorraglan |
| Spain on 15:35 - Jan 14 by cr996 |
If I'm reading this right, so if a property is valued at 500k you'd have to pay 500k in tax on it too? Bonkers |
That’s the why I read it too, but then I read a second article which stated that they hadn’t worked the detail out yet and kind of implied it would lead to a 100% increase in the current tax rate of 10% to 15% of the property value which pushes it up to around 25% of the property’s value.
That’s still a huge chunk of wedge mind. | | | |
| Spain on 19:54 - Jan 14 with 139 views | cr996 |
| Spain on 16:00 - Jan 14 by majorraglan |
That’s the why I read it too, but then I read a second article which stated that they hadn’t worked the detail out yet and kind of implied it would lead to a 100% increase in the current tax rate of 10% to 15% of the property value which pushes it up to around 25% of the property’s value.
That’s still a huge chunk of wedge mind. |
Yes lots of money either way
Anyone else clued up on this.? | | | |
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