20 Jan 2016 9:07 PM:
Thanks all for the advice it is illuminating and will need to be digested. To put the records straight, my rental income is from properties rented out through an agent which I currently pay UK tax on, they are not registerd under acopany name and I have no intention to do so unless very advantages to do so. I also have investment returns which I also pay tax on, however should I retire to Spain then my income in the uk would be close to the 10,000 threshold so I wouldn't pay much UK tax.
I would need to remain legal all the way, as I don't see the point in going for the quiet life growing veg in Spain then creating stress by being outside the law, so I would register in Spain,
so I read the answers to my questions
1 as I am healthy and have no existing conditions I should get health care below 100 per month
2 if I am careful the quiet life is able on 1100 - 1200 eu per month, good job beer is cheap over there
3 pay tax on my income in the UK then declare the income and tax paid to the Spanish authorities
it all sounds good as it is cold and grey over here
thanks and keep the replies coming all useful info allowing me to plan.
Mark
Thread:
can I chase the dream
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