Each month we send out a newsletter by e-mail to everyone who has subscribed. It is a light hearted way of passing on useful information.
Features include stories about Patrick (Ex-Pat) who is a resident on the park. We also pass on special offers and useful links. To get your copy every month simply sign up using the newsletter link on the right hand side.
La vida BONITA means the beautiful life. Read every month what the residents are enjoying.
The newsletter is read by residents as well as website visitors every month
What can we say! No one in their wildest dreams could have ever imagined a set of events like we have now. No wonder we have so many people wanting to come and live in Spain. The Spanish even have a joke about Brexit.
The year is 2089 and once again the EU parliament meets to agree a Brexit extension. No one remembers why they have to hold a session every year to agree an extension but it does not matter because every year it draws in “1000’s” of tourists to watch the proceedings.
Brexit for us seems to be working in reverse. Instead of having more homes to sell because of Brexit, we have even less. Under normal circumstances most mobile home parks can expect around 10% of homes on the park on sale at any one time due to owners relocating to other parts of Spain, or returning to the UK.
Park La Posada currently has two resale mobile homes for sale (1.4%) and one park home (.07%) and it is all down to the quality of the park.
2020 just round the corner:
The newsletter offer of “airport transfer included” inspection visits comes to an end on the 16th of December. That leaves just seven weeks for anyone who wants to visit the park without hiring a car to book their visit. In 2020, we are hoping to offer the same deal again starting in March. As always it will only be available to newsletter subscribers because we are limited as to how often we can offer it.
Visiting the park is always a good idea when there are so few homes for sale. The reason being is that is you love the park and a special home goes on sale after you have returned home you are in a position to do something. No one is allowed to make an offer on a home if they have not seen the park.
Tax and pensions:
Yes, we know it is a subject that should have nothing to do with the wonderful lifestyle in Spain BUT it is something we cannot avoid no matter how happy we are in life. So, let us tackle it head on and get it out of the way. The bottom line is this, if you live in Spain for more than six months a year you are regarded as taxable in Spain and not in the UK. To explain in more detail we are going to use a genuine resident as an example. The resident concerned receives two UK pensions.
Once the resident got his Spanish residencia he informed the UK tax office that he was now resident in Spain. The tax office then issued him with a new zero rate tax code which he sent to both pension providers. Soon after that, he started to get his pensions at the full amount with no tax deducted. Both pensions are in GBP and go into his UK bank account. At the end of the year (could be as little as one month in Spain or eleven months in Spain) he then noted how much he had been paid tax-free.
Then. before the 1st of July the following year, using the services of a local “Gestor”, he made his annual Spanish tax return for the previous year Jan to Dec. Maria can set that up for new residents. In July, he paid half the tax that he owed on his tax-free pensions by direct debit, and in November he paid the other half. His UK taxed pension amounts are not included and of course personal allowances were based on the periods of tax residency.
Now to close down some myths. You only get taxed the once. In 2006 Spain signed a double tax treaty with the UK which means that you should not have to pay tax twice on the same income, and you should only pay tax in the UK or in Spain. Your personal tax free allowance if living in Spain will be at the Spanish level.
The tax you pay in the UK and the tax you pay in Spain will be alongside each other to start with as you move to your new country, and not at the same time. For the following year Spain will tax you and again you have allowances.
The Gestor will tell you if you need to make a tax return because if you are under the limit there is no need. No one to our knowledge has ever left Spain and returned to the UK to save on tax. That is because once everything is set up nothing much changes. It is however nice to know that there is help on hand whilst you switch homes from the UK to Spain. Once the switch has been made the tax returns in Spain are routine.
UK passports and Brexit:
Brexit again but this time facts. Below comes direct from the .GOV Madrid website.
If there’s no deal, you must have at least 6 months left on an adult or child passport to travel to most countries in Europe (not including Ireland). If you renewed your current passport before the previous one expired, extra months may have been added to its expiry date. Any extra months on your passport over 10 years may not count towards the 6 months needed.
If there’s no deal, UK nationals will not need visas for short stays elsewhere in the EU. You will be able to stay up to 90 days in another EU, EEA or EFTA country, within a 180-day period. You must retain evidence of travel (such as train and plane tickets), in case these are requested by national authorities.
If you hold a residence permit from an EU, EEA or EFTA country, you will be able to transit through other EU, EEA or EFTA countries to reach your country of residence.
So now it is official. All talks of needing a visa to enter Spain after Brexit is without doubt not correct. The Government statement shows that UK passport holders with Spanish residency can travel freely in the event of a no deal Brexit. Visitors without a residents card simply need more than 6 months left on their passport. Please bear that in mind if planning a park visit in the unlikely event the UK leaves without a deal.
First up we want to let new newsletter subscribers this week know about the special 4 day-3-night visits recently reintroduced that includes airport transfers.The £79 four-day visit is only offered to newsletter subscribers. We will not be offering the transfers included short four-day visit option online.
Newsletter subscribers will be able to take advantage of the special four day park visit (including transfers) from the 16th of September until the 16th of December 2019.
Click on this link for all the details.
Now to the finally-finally part as we will have the above in this section until the end of November for the new newsletter subscribers.
As you can imagine Brexit has hogged the news this week as the 31st of October got closer. We have said time and time again that Brexit is more about business than UK citizens wanting to retire to the sun. Thank goodness we have the embassy in Madrid to keep everyone informed about the issues relating to Spain.
To prove a point one couple who have reserved a plot on La Posada met up with James this week at a UK mobile home dealership to choose their new mobile home for Spain. The dealership had more than one manufacturer on display, and of course James was there to help them to choose a model suitable for Spain. With their new mobile home chosen they can now look forward to moving to Spain in 2020.