Is there a benefit in being tax resident in Spain

Thanks for the info had a look around the irish revenue home page but as usual not very forward in given info on off shore tax laws I might walk in and have a talk and see what comes up

Cormona

If it were the UK HMRC I would telephone, as I am sure the specialist office would be in some far place.

good idea thx

Cormona

This link should help you

http://www.revenue.ie/en/practitioner/law/tax-treaties.html

scroll down and you will find the Irish/Spain DTA

But this is a specialist area of tax and particularly so if you are condsidering changing your domicile..

great thx I had a quick look I think your right specialist advice would be money well spent. Have a nice day

The problem is this type of advice can be expensive.

Start with your existing accountant in Ireland to at least understand the implications of changing residence or domicile from an Irish perspective.

The main issue with becoming tax resident in Spain is that you are taxed on your worldwide income or gains.

Thanks for the comment I am a normal PAYE tax payer nothing special I work for a company the idea of moving to Spain but working in Ireland because I have a good job which is shift work and I get good time off which would work to comute from Spain.

Thats why I am looking at the option to be resident in Spain encase I go over the 183 day rule for one given year it might be easier just to leave the tax the way it is then there is all the other implication to consider spanish medical etc I have time to sort this issue out hopefully I will get the right info like of yourself and other good people

Cormona

Faro said:

The main issue with becoming tax resident in Spain is that you are taxed on your worldwide income or gains.

Only if you're stupid enough to tell Hacienda about your stuff outside of Spain...

Sanchez1 - I agree with you. But this is where we always come unstuck on this forum - telling people the law when we all know that's not what heppens in practice ....... but some people want to do everything by the book and not live in fear of a letter coming from the tax authorities of whatever country.

Cormona

If you maintain a permanent home in Ireland and your place of employment is Ireland then regardless of the number of days you spend in any year in Spain you would not be deemed resident - so don't worry if in any year you go over 183 days etc.

Because of the DTA then you can not be deemed resident in both countries and Art 4 sets out the tie-breaker rules.

It might be different if you did not have a permanent home in Ireland?

Thanks Faro very good advice I will keep that in mind.

Cormona,  did you get any info from the Irish tax office?  And if so, did it confirm what Faro said ?

No don't have the time this week working to hard, will make time next week I printed the info off the irish revenue home page were Faro directed me too. I will bring it to the tax office next week and see if I can get a one/one meeting and work of the info. If I get any good info I will post it.