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crissywissy

Posted: Sun Jun 18, 2017 3:56pm

crissywissy

Super helpful member

Posts: 2450

1622 helpful points

Location: Mar Menor

Joined: 26 Sep 2015

Posted: Sun Jun 18, 2017 3:56pm

Its a bit complicated...if you have state pension it has to be declared and tax paid here....the personal allowances are less than in the UK and increase with age. if its government pension (eg I have teachers and local govmt pensions) they are taxed at source but count against your allowance.

You only pay tax in one country but you probably need a gestor to do your tax return. Tax year runs Jan- Dec just to complicate matters.

Your Spanish bank issues a tax cert to prove your income.

Hope that helps....

Its still far cheaper to have a better lifestyle here...unles you go mad!!

Onge

Posted: Sun Jun 18, 2017 4:18pm

Posts: 13

2 helpful points

Location: Camposol

Joined: 12 Jun 2017

Posted: Sun Jun 18, 2017 4:18pm

Thanks, I will be living on a private pension for 9 years.Then my state pension will kick in. So my understanding is, my private pension will get taxed at source in the uk, But i still have to declare it in Spain, but won't get taxed there is that correct.

Andre

crissywissy

Posted: Sun Jun 18, 2017 5:25pm

crissywissy

Super helpful member

Posts: 2450

1622 helpful points

Location: Mar Menor

Joined: 26 Sep 2015

Posted: Sun Jun 18, 2017 5:25pm

only if its a government pension....this might be useful but there's quite a bit of info on the Internet....

gloria007

Posted: Fri Oct 27, 2017 7:34pm

gloria007

Helpful member

Posts: 644

274 helpful points

Location: Camposol

Joined: 22 Oct 2017

Posted: Fri Oct 27, 2017 7:34pm

Sandra21 wrote on Mon May 22, 2017 4:51pm:

Well you are lucky you got good service from Mercers. They refused to pick me up from my hotel to look at properties. Pamela at Luz Del Sol.

We got great service from Login at Mercers and no hard sell... he took us around all we asked for even info on the flooded areas. .. nothing hidden. ....you must have been just unlucky. .so sorry

yamah1300

Posted: Tue Oct 31, 2017 10:26am

yamah1300

Helpful member

Posts: 122

83 helpful points

Joined: 7 Jul 2017

Posted: Tue Oct 31, 2017 10:26am

Widdo50 wrote on Sun May 21, 2017 9:52am:

Hello everybody, 

My name is Amanda.

I have been researching buying in camposol, and I must say it looks a fabulous community to be in.

Properties are so very reasonably priced I wonder if you all can advise which is the best sector to purchase in? Which areas, if any still flood? What the deal is with the builder? 

How easy it is to get around, to the shops and the beaches etc. 

I thank you for your time.

And hope to move lock stock n all April 2018 

Thank you 

Amanda xx

hi i live on D and work to a or b no problem and away from all the summer noise. have a car use it once a week for shopping i shop off camposol it is much cheaper, i have a push bike use that more than the car, and a motorcycle. lots of people use scooters or push bikes to get around 

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Roy999

Posted: Thu May 3, 2018 10:11pm

Posts: 33

6 helpful points

Location: Camposol

Joined: 17 Mar 2018

Posted: Thu May 3, 2018 10:11pm

Tiberius wrote on Mon May 22, 2017 1:01pm:

Speak to Mercers estate agents - they gave us a tour of the area, showed us several properties, told us the full story of the pros & cons and never tried to be pushy or hard sell. Even showed us the properties that were hit by subsidance and have got the area a bad press so they didn't try to...

... hide anything.

Which areas have the subsiden

miguel

Posted: Wed Jun 27, 2018 10:45am

Posts: 3

2 helpful points

Location: Camposol

Joined: 11 Jun 2018

Posted: Wed Jun 27, 2018 10:45am

crissywissy wrote on Sun Jun 18, 2017 3:56pm:

Its a bit complicated...if you have state pension it has to be declared and tax paid here....the personal allowances are less than in the UK and increase with age. if its government pension (eg I have teachers and local govmt pensions) they are taxed at source but count against your allowance.

You only pay tax in one country but you probably need a gestor to do your tax return. Tax year runs Jan- Dec just to complicate matters....

...

Your Spanish bank issues a tax cert to prove your income.

Hope that helps....

Its still far cheaper to have a better lifestyle here...unles you go mad!!

just thinking of top of head here. but why do u have to declare pension in spain? my thinking is pay tax in uk, transfer to offshore acc in euros,say gibraltar , as you have no income in uk, and private pension is planned every year below your allowance then you can claim tax back, use your spanish acc as a front to recieve money for paying bills,

or do u mean as a resident , getting state pension, then the uk gov would know you became an ex pat, inform spanish gov ,

they then would in turn know your receiving pension income, and tax you ?

as my line of thinking is just put pension it in a offshore acc, and say nout.

i could be tottally wrong. of course, just figuring  it all out

gloria007

Posted: Wed Jun 27, 2018 11:09am

gloria007

Helpful member

Posts: 644

274 helpful points

Location: Camposol

Joined: 22 Oct 2017

Posted: Wed Jun 27, 2018 11:09am

Widdo50 wrote on Mon May 22, 2017 6:00pm:

Thank you for taking the time to reply. Mercers you say, ok will have a look at them. ATB Am

We used  Vinny at another world properties sector B... used mercers and Mick at Luz de Sol.... all were great.... gave us lots of advice...bought on B from Vinny as that was the house we fell in love with!! 

Not the estate agent.....all were very good with us....

 Also used blue med and but2sell2let... but not happy with what we saw on viewing. ... use them all and make your decision.

Hope this helps.

crissywissy

Posted: Wed Jun 27, 2018 12:50pm

crissywissy

Super helpful member

Posts: 2450

1622 helpful points

Location: Mar Menor

Joined: 26 Sep 2015

Posted: Wed Jun 27, 2018 12:50pm

miguel wrote on Wed Jun 27, 2018 10:45am:

just thinking of top of head here. but why do u have to declare pension in spain? my thinking is pay tax in uk, transfer to offshore acc in euros,say gibraltar , as you have no income in uk, and private pension is planned every year below your allowance then you can claim tax back, use your spani...

...sh acc as a front to recieve money for paying bills,

or do u mean as a resident , getting state pension, then the uk gov would know you became an ex pat, inform spanish gov ,

they then would in turn know your receiving pension income, and tax you ?

as my line of thinking is just put pension it in a offshore acc, and say nout.

i could be tottally wrong. of course, just figuring  it all out

I was talking about being a tax resident in Spain ie spending more than 183 days a year here....even as a non resident you have to declare world wide assets and may pay a small amount of non resident tax.....best to see a gestor!

frequent flyer

Posted: Fri Jun 29, 2018 8:00pm

frequent flyer

Super helpful member

Posts: 969

1083 helpful points

Location: Camposol

Joined: 9 Feb 2018

Posted: Fri Jun 29, 2018 8:00pm

miguel wrote on Wed Jun 27, 2018 10:45am:

just thinking of top of head here. but why do u have to declare pension in spain? my thinking is pay tax in uk, transfer to offshore acc in euros,say gibraltar , as you have no income in uk, and private pension is planned every year below your allowance then you can claim tax back, use your spani...

...sh acc as a front to recieve money for paying bills,

or do u mean as a resident , getting state pension, then the uk gov would know you became an ex pat, inform spanish gov ,

they then would in turn know your receiving pension income, and tax you ?

as my line of thinking is just put pension it in a offshore acc, and say nout.

i could be tottally wrong. of course, just figuring  it all out

You cannot do what Miguel is suggesting to avoid paying tax you will have to pay tax in Spain on your UK state and any private pensions ... Before the Spanish accept you as a Resident you will need a Spanish Bank account with a regular amount per month going in ...I think its around €7,000 per year per person so approximately €14,000 per couple ...you also need proof of income ...if you don't have proof of the source of your income you will not be accepted as a resident.

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