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Update: Spanish Golden Visa still alive and kicking months later despite Government's announcement to abolish it Citizenship by Investment

Update: Spanish Golden Visa still alive and kicking months later despite Government’s announcement to abolish it

Early April this year, the Spanish government announced its plans to abolish its popular Golden Visa programme. Yet, as of writing, the scheme remains fully operational. This welcome turn of events is a promising sign of good will from the government toward existing and would-be golden visa holders. What is the Spanish Golden Visa? The Spanish Golden Visa , officially known as the Residency by Investment programme, offers non-EU nationals a path to residency through sizable investment into...

Angela Taylor 2 min read
Wealth Tax in Spain Wealth Management

Wealth Tax in Spain

What is Spanish Wealth Tax? It is an annual tax levied on the total net worth of a person's wealth as of 31st December each year. An individual's net wealth is comprised of all the assets and economic rights owned by him less encumbrances that diminish their value and other allowable deductions such as personal obligations or debts. Wealth tax is a progressive tax which means the higher the wealth, the higher the rate of tax. People with more wealth are going to pay more taxes than people...

James Hill 3 min read
Choosing Between SIPPs and QROPS for UK Expat Pensions in Spain Retirement, Tax & Estate Planning

Choosing Between SIPPs and QROPS for UK Expat Pensions in Spain

Navigating the complexities of pension schemes as an expat, especially for those residing in Spain with UK pensions, presents unique challenges and opportunities. Two pension structures often encountered are SIPPs (Self Invested Personal Pensions) and QROPS (Qualifying Recognised Overseas Pension Schemes). Both options provide a vessel for transferring your UK pension but cater to different needs and circumstances, particularly under the scrutiny of cross-border tax implications. SIPPs:...

Richard Hayes 3 min read

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