We can help you if you don't Speak Spanish and need help in Tenerife with any sort of paperwork, Translations, NIE, Certificate of Residence Registration, Tax returns etc. etc. etc.
Those who are newly arrived and fiscally resident in Spain must present a modelo 720 which reports to the Spanish tax authority their assets exceeding 50,000 euros in any one of various categories which are held abroad. This could be Property owned or bank accounts held in the Uk for example Taxpayers who presented the modelo 720 in previous years before, you must resubmit again in the following cases: When any assets and rights that …
Read MoreThere will be no change to the rights and status of EU nationals living in the UK, nor UK nationals living in the EU, while the UK remains in the EU. If you have previously worked in Tenerife, you will find it has an effect on the way you claim your UK pension entitlement when you come to retirement age. How do I claim my UK pension? You should be sent a EC rules claim …
Read MoreEvery year the Spanish tax man doles out billions of euros in tax rebates. Average rebates work out at around 780 euros each, for low to medium income tax payers. They can do this because they have already had your money. Unlike in the UK, where the tax man sets allowances against income in advance, in Spain, most people have a straight percentage of their gross pay deducted from their pay packet or they pay …
Read MoreMoving to Tenerife : Fiscal Residence and Keeping things straight Getting a residencia certificate (a green wallet sized piece of paper) with your NIE printed on it is often confused with being fiscally resident. Theoretically you could be staying for longer that 90 days in a Spanish tax year – and so required to comply with immigration regulations and get a residencia certificate – but then you could revoke the certificate after 170 days and go to …
Read MoreBelow are the basic requirements for adult EU citizens in Tenerife Spain. Bear in mind that after 29 March 2019 and before 31 December 2020 British Citizens will have to apply for a third country Foreigner’s Identity Card (TIE): 1) White NIE certificate -since 2016 this document no longer shows an expiry date as before but never the less you are still only entitled to stay continuously in Spain for up to 3 months – then if …
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