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Time to move to Spain

Medically retired at short notice our plans to move to Spain are brought forward by a few years. With little time to spare, this is our story.

Prepare for Spain
Tuesday, September 22, 2015 @ 5:35 PM


Paul & Sue Prepare for Spain. 

We have decided to rent for a year before selling up completely. The sign goes up outside the house and tickets for Alicante booked. We actually booked a holiday in Mallorca in 2014, before we knew anything about my retirement. This means we will tag a couple of days onto the start of the holiday for house hunting. That was easier than it sounds. We try and change our original flight from Palma to Alicante and bring it two days back. No chance. It's cheaper to book a whole new fight and not use the original flight than to change the original flight. 


Arranging viewings is a nightmare. Dozens of websites with properties to rent, make a call or send an email, arrange a viewing, turn up. Simple! No! Most of the properties we looked at had already gone without having updated the websites. Some are booked then we get told they have now been let. Despite weeks of arranging we have five properties to view over two days. Three in El Campello, one on an urbanisation in Gran Alicante and one in Torrevieja. We have been watching 'A place in the sun' religiously and attended the exhibition in March so of course the next two days will be a breeze! To top it all, on checking flights to Alicante, the prices are rising daily so we plunge and book single flights on 20th July, hoping we have done the right thing.


Having arranged to meet an estate agent in Alicante we didn't factor in the festival that was due to take place the next day. Every time our sat nav said 'turn left' the road was closed. We got to see a lot of the town centre that morning. Our first stop was Gran Alicante. The estate agent left the office a couple of minutes before us we arrived at the urbanisation 20 minutes later at 11am. No sign of the estate agent. We waited and waited, over half an hour before ringing the office back. The only person we could speak to knew no English and the agent who,did speak English had gone out. After nearly an hour we had to leave as we had our next viewing in Torrevieja soon. 
Our first visit to Torrevieja and we liked it. The apartment was near to the beach, 50 metres if I have to estimate. The nice, clean three bed apartment was  better than expected and although very built up, we liked being near the centre of things. After  a short dinner, we take a phone call from the estate agent from this morning. The representative is at the house on Gran Alicante waiting for us. "Where are we?" To this day, other than the language barrier, how did we miss the agent by three hours? The arrangements were made by the English speaking agent, we left at similar times but three hours? Is it the famous Spanish laid back approach? 

 

We move on back to El Campello, a lovely place. Two apartments a few streets back from the beach are very dismal and disappointing. We could be in a deprived inner city area of the UK with neighbours a few yards away if it wasn't so warm. One of the apartments had extended their living space to incorporate their terrace, enclosing it completely. It made the living room bigger, that's all, and very warm too. The final property was on the eighth floor of a complex and although reasonable it too, was a bit soulless and to cap it all it was the victim of a flood from the apartment above. 20th July is now looking a concern to us and we wonder if we have jumped the gun a bit. 


We revisit the following day and decide to take the plunge. After all this, it's the apartment in Torrevieja that we choose. We have some dinner, phone the owner of the apartment and drive back to our hotel ready to fly to Palma for our weeks holiday. Before we leave however, Sue has left her sunglasses in the restaurant. We return and Sue tries to show off her Spanish lessons with a "Boligrapho de sol?" which loosely translates to 'sun pen' or something similar, not sunglasses.
Until we leave on 20th July we find someone to rent our house; have a leaving party; arrange shipping of our personal items; say goodbye to family and friends and wonder when the British summer will actually start. I said wonder, but not really bothered. Spain here we come! 



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4 Comments


windtalker said:
Wednesday, September 23, 2015 @ 1:18 PM

if you spend more than 183 days per year in Spain you are classed as a Spannish resident the sale of your property in the UK becomes taxable in Spain and the same goes for your pension/saving and so on get some legal advise on Tax in Spain.


Rialto said:
Saturday, September 26, 2015 @ 1:11 PM

windtalker's advise is extremely valid and important. If you live over 6 months here then you are Spanish residents (no dispute there). Then when you sell your UK property you will have to be taxed in Spain because you will be Spanish residents with assets abroad. You cannot decide what country taxes you. You will be Spanish residents and will have to pay the Spanish hacienda (tax office). Get some urgent advice on this as I cannot believe that your situation will be beneficial to be taxed in Spain. In the UK you pay no tax at all on the sale of your residence. so you can only lose if you get trapped as a Spanish resident selling a UK property. Dont do your research AFTER the event (as many do!). Also dont think that EU members tax offices dont communicate - they do. Hope you get this sorted, but on the face of it, it appears best thing is to not stay in Spain for more than 6 months!


Charlietwice said:
Tuesday, September 29, 2015 @ 10:06 PM

Thank you both for this advice. We will be looking in to it.


Gladders said:
Saturday, December 19, 2015 @ 6:53 PM

This is really interesting I was not aware if I sold my home in England after living in Spain for over 6 months I would have to pay tax.... Any idea how much tax is liable if property is sold.


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