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Why did you move here? Out of interest.

Posted: Thu Dec 13, 2018 2:37pm
12 replies592 views5 members subscribed
Happy Days

Posts: 13

9 helpful points

Location: Fortuna

Joined: 13 Dec 2018

Hi, we are new to the area and so far loving it. I just wondered what made other members move here. 

We decided the weather in England was just too cold on our old bones, lol. Also so far the quality of life is so much better. We spend more time together. Good value for money on property too.

sdb137

Posted: Thu Dec 13, 2018 7:15pm

sdb137

Very helpful member

Posts: 1020

626 helpful points

Location: Camposol

Joined: 21 Jan 2018

Posted: Thu Dec 13, 2018 7:15pm

Hi, We first saw Camposol on English TV ( A place in the sun ) and just had to visit.

We came out twice, and looked at over 20 Villas, spoke to dozens of people who live here, and decided to retire here.

It was a great decision, the community are fantastic, and we have been helped by everyone, they have sorted all the problems we had, even taking us to the Spanish departments for our paperwork, and placing us in touch with good builders, and electricians who can be trusted.

We have been here for about 8 weeks now, and love it.

However we have been carefull, and put finance away in England plus our Villa, which would enable us to return.

Brexit is a worry, but I am convinced the Spanish Government will not want to lose the Brits, as we bring in Multi Millions to the economy, and ask for nothing.

If you are sensible, and allow for a return, you cannot go wrong.

Enjoy all, ghe sun is great.   

PeterC

Posted: Thu Dec 13, 2018 10:54pm

PeterC

Super helpful member

Posts: 2241

1455 helpful points

Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Thu Dec 13, 2018 10:54pm

Make sure you have your UK assets declared using Form 720 - ask the helpful neighbours for a good gestor.

sdb137

Posted: Fri Dec 14, 2018 8:06pm

sdb137

Very helpful member

Posts: 1020

626 helpful points

Location: Camposol

Joined: 21 Jan 2018

Posted: Fri Dec 14, 2018 8:06pm

British Citizen. 

PeterC

Posted: Fri Dec 14, 2018 8:34pm

PeterC

Super helpful member

Posts: 2241

1455 helpful points

Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Fri Dec 14, 2018 8:34pm

Of course you are a British Citizen. However, once you have been here for more than 183 days in a calendar year (not necessarily in one visit) you will be tax resident in Spain, and must pay taxes under the Spanish citizen on all world-wide income, and follow their laws on assets anywhere. If you are just going to be here for odd holidays then different rules apply, as a non-resident. 

Your post suggests that you are looking to move here full time but with a backstop, and after Brexit it will be very difficult for anyone to hide their status as many have done in the past. 

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sdb137

Posted: Fri Dec 14, 2018 9:29pm

sdb137

Very helpful member

Posts: 1020

626 helpful points

Location: Camposol

Joined: 21 Jan 2018

Posted: Fri Dec 14, 2018 9:29pm

As long as you can prove where you pay tax all is ok, Spain has already agreed no alteration to anything for expats, 

You simply show your P60.

If you pay tax in UK, all is ok, if it alters, I have nothing in UK!!!!!!!!!!!?????????? 

As long as you earn nothing in Spain, you pay no tax, pensions are pre taxed in UK.

If it alters, good bye by thousands of Brits who will simply leave.

PeterC

Posted: Fri Dec 14, 2018 9:35pm

PeterC

Super helpful member

Posts: 2241

1455 helpful points

Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Fri Dec 14, 2018 9:35pm

Sorry cannot be more tactful, but what you write is absolute rubbish. You cannot choose where you are taxed, if you live in Spain (183+ days) you are taxed in Spain.

You can offset taxes paid in the UK whilst we are EU citizens, but after the ‘B’ word who knows.

Fines and penalties can be heavy, quite rightly

Happy Days

Posted: Fri Dec 14, 2018 9:36pm

Happy Days

Original Poster

Posts: 13

9 helpful points

Location: Fortuna

Joined: 13 Dec 2018

Posted: Fri Dec 14, 2018 9:36pm

If you are resident in Spain you must file your taxes. You may not have to pay anything, but still need to declare your assets. 

PeterC

Posted: Fri Dec 14, 2018 9:44pm

PeterC

Super helpful member

Posts: 2241

1455 helpful points

Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Fri Dec 14, 2018 9:44pm

And you cannot just say “I am not resident/am not on the padron etc” like so many  fiddling tax-dodgers have for years. The net is closing in.....

sdb137

Posted: Sat Dec 15, 2018 8:32am

sdb137

Very helpful member

Posts: 1020

626 helpful points

Location: Camposol

Joined: 21 Jan 2018

Posted: Sat Dec 15, 2018 8:32am

thank you for being so nice and helpfull, no more conversation please.

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