Tax advice

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27 Sep 2010 12:00 AM by costello Star rating in Co Durham. 45 posts Send private message

Hello,

Can someone please advise me of the possible pitfalls to going reidencia in Spain whilst also having savings in the UK. Don't own a property but in long term rental. Any advice at all to do with any of this greatly appreciated.



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Regards, Martin & Tracey



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28 Sep 2010 7:44 AM by mariadecastro Star rating in Algeciras (Cadiz). 9419 posts Send private message


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Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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28 Sep 2010 2:15 PM by Sanchez1 Star rating. 853 posts Send private message

I don't know anyone in Spain that declares their UK income/investments,  although you should technically.  If you do, you're likely to get shafted for tax, even if you have you stuff nicely tucked away in ISAs.



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Read my blog: Spain Money Saving Tips and Offers 

Use TransferWise to send money abroad. A lot cheaper than the bank and other online currency exchanges!.

 

 




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