Residencia in Spain now that the UK have voted to leave EU
Posted:
Wed Jul 06, 2016 1:40 pmby darkim
There is so much talk about rights of British citizens in Spain since the referendum vote. I have just one question. Myself and my husband bought a property in Dona Pepa last year. We are both far from formal retirement age but had hoped to semi or permanently retire to Spain within the next five years and if able to to do some part time work if possible. My question is are we able to apply for residencia now even though we are not yet living in Spain and if we are how does that affect our tax payments in the UK as we are both wcurrently working full time.
Re: Residencia in Spain now that the UK have voted to leave
Posted:
Wed Jul 06, 2016 2:09 pmby marcliff
You can become resident without being fiscally resident. If you spend more than 90 days in Spain in any one year you should register as a foreign EU citizen residing in Spain but you do not become a fiscal resident, ie liable for tax, unless you spend more than 183 days (6 months) of the year in Spain. Due to the dual tax agreement between UK and Spain, your tax status will remain with UK and will not alter.
However, any income derived in Spain (eg rentals, bank interest etc) will be liable to tax in Spain even though you are not a fiscal resident.