Will be hoping to move down to spain in November

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24 Mar 2012 12:00 AM by spainhereicome Star rating. 3 posts Send private message

Hello everyone, I have a few questions about moving down to Spain, I myself have quite a medical condition, and am on disability living allowance. My daughter and grandson moved down last summer, and we want to be with her.

I work from home in the UK self employed as a writer, I live of my earnings from my books I’ve published, my question would be, because my books are being sold from amazon UK, and I will continue to pay UK tax and national insurance on my UK earnings, and because my wife and my self will not be working in Spain, just living there, and all income will be derived from my UK earnings. Would that mean I would not have to pay the 251 euros Spanish insurance, or tax??
 
If I closed my UK bank account so that money I earn I earn in the UK went to a Spanish business account to save on fees, would I still be ok and not have to pay Spanish tax or national insurance. Or would I have to open up an offshore UK bank account for my UK earnings. I ask because I don’t know if I can keep my Co Op business account for my book earnings in the UK open if we make the move we so long for.




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24 Mar 2012 8:47 PM by Roberto Star rating in Torremolinos. 4552 posts Send private message

Roberto´s avatar

You have to decide first of all where you intend to be officially resident. From your other thread, it sounds like you intend to spend part of the year in Spain and part in the UK. With "quite a medical condition", and receiving benefits that you most likely would not get if you became resident in Spain, are you sure you want to make the move to becoming a Spanish resident? If you don't contribute to the social security you will not be entitled to free healthcare. On the other hand, if you become Spanish residents, all your income is taxable in Spain, wherever it is derived. Many expats end up returning to the UK for medical reasons, so I would think long and hard about what you really want to do before making any major changes.

Good luck with whatever you do.



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