France Property Guide brings you top tips to stay motivated and buy your dream property in France successfully. We may live in uncertain times, but France never seems to lose its allure for British people – with many more determined than ever to find their own bolthole in France. Let’s not forget that France is a very big country, with plenty to offer in terms of lifestyle, comfort, beauty, and space. We offer our Top Five Tips for staying on the right track and realising your dream of buying in France.
Bank accounts in Spain are being closed down. What do you have to do to make sure this doesn’t happen to you? Spanish banks have closed up to one million bank accounts. This sounds dramatic and some believe impossible, but the banks are required under the Law to do so. In order to restrict money laundering, all banks in Spain were required to obtain photocopies of identity cards or passports of each and every customer by the end of 2015.
Our expert Independent Financial Advisor partners in France believe that the tax system is likely to remain very similar to the current structure in the event of Brexit. This is because: a). Cross border taxation of income and capital (such as French property rental income, proceeds of property sales, UK residents inheriting French property, and all UK sourced income for French residents) is subject to existing Double Tax Treaties, which are set up completely independently from the EU and therefore do not fall under EU regulation. The UK leaving the EU will not automatically change this system
We asked Spanish property experts for their thoughts and guidance on the effects of Brexit for expats and property buyers in Spain. What are the effects on inheritance? EEA citizens currently pay the same inheritance tax as locals in Spain, however, as these double-taxation treaties are not created by the EU, Brexit should not affect these UK-Spain tax agreements. So, the reassuring news is that nothing will really change over the next two years. The main implication of the Leave decision that you need to be concerned with in the short term is the effect on exchange rates, and therefore your s
How can you enjoy your summer in Spain without spending a fortune? There are simple ways to save your money which we list below. Summer has arrived in Spain and we usually find we spend more at this time of year. Perhaps you will have a couple of ice creams a day, or will go out to eat more often or visit new places? Snacks on the beach, live music, fiestas all contribute to a larger than normal outlay. We suggest a few ways to save money while still having fun.
Portugal’s low cost of living is one of the main attractions for expats, but if you really want to live life on a budget, there are various things you can do to make your existence even cheaper. It’s possible to enjoy a very pleasant existence in Portugal without spending a huge amount of money, but there are still some ways to drain your cash reserves if you’re not careful. In this article, we provide five useful tips to help you either economise, or avoid spending money you don’t have to.
