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Making a Will in Spain
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The law in Spain is different from the law in the U.K. regarding the making of a will. If you have a property in Spain, or any other assets, you should make a Spanish will to avoid any legal problems for your heirs. The will is made to protect any property in Spain. You therefore need to ensure a will is in place in Spain in addition to any will may have made in the U.K.
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Retiring To Spain
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Spain is an ideal location to retire to, due to its idyllic location, fabulous food and exceptionally low cost of living. It may feel like a very big decision to make but once you have explored all the facts retiring to Spain might not seem to be such a big step.
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How To Become An Official Resident In Spain
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A residency permit (tarjeta de residencia) is a card the size of a credit card which has all your personal details, including your NIE number (numero de identidad). The NIE number is issued by the immigration service. It is your identification number in Spain which you will need in order to file taxes, establish a business, open a bank account or for almost all other forms you need to fill out.
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Getting a Mortgage
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Getting a mortgage and buying a property in Spain has become increasingly popular. There is a wide selection of property to choose from and the properties are generally more affordable than here in the UK.
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Self-Employment In Spain
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There are many opportunities for anyone who is working as self-employed in Spain. If you are prepared to work hard and fit in to the Spanish way of life it can be fairly easy but there are some things you will have to consider
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Getting Married in Spain
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Spain has a wonderful climate, beautiful scenery and can be the ideal location to have your wedding. Prices are soaring in the U.K. and the average cost of a wedding is around £15,000. In Spain prices are far lower than you would expect and as there are frequent low-cost flights your guests can afford to be there too.
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Tax In Spain
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As little as twenty years ago, tax evasion was a way of life in Spain but in recent years the Spanish tax system has been overhauled.
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Tax Declarations In Spain
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If you have any source of income in Spain – whether you are an employee earning a salary, you run your own business, are retired or unemployed or whether you are a resident or non-resident in Spain you must submit a tax return called a Tax Declaration (Declaracion de la Renta).
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Banking In Spain
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If you are planning to stay in Spain for any length of time you will probably need to open a bank account. There are two types of accounts available to foreigners in Spain these are either Resident or Non-resident accounts.
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The Spanish Police
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The crime rate is low in most of Spain but you should still be aware of the possibilities of crime when you are in Spain, particularly in the larger towns and cities where petty theft such as bag snatching can be commonplace.
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