How to cancel your Residencia?
#16
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,162
Re: How to cancel your Residencia?
Your Domicile Status is the subject of the Blevins Franks column in this weeks EWN -pg 23
http://www.euroweeklynews.com/virtua...012-issue-1414
http://www.euroweeklynews.com/virtua...012-issue-1414
#17
Re: How to cancel your Residencia?
There are loads of financial advisors in Spain - most are rubbish but Blevins Franks seems to be the only ones worth listening to.
They are spot on about UK domicile.
They are spot on about UK domicile.
#18
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,162
Re: How to cancel your Residencia?
They have been publishing a useful book - 'Living in Spain' for many years, the only problem is I suppose things are changing so fast it is impossible for the book to keep up todate despite frequent new editions. They also have a web site with free PDF downloads.
#19
Just Joined
Thread Starter
Joined: Jul 2012
Location: UK
Posts: 16
Re: How to cancel your Residencia?
Just an update for your info
Have been investigating this business of cancelling the Residencia and from
what I can gather if you do not cancel it here properly you are still considered to be a fiscal resident and they can come after you for tax on your worldwide income.
Also according to the EU rules you cannot be a resident of more than one EU country at a time.
Have been investigating this business of cancelling the Residencia and from
what I can gather if you do not cancel it here properly you are still considered to be a fiscal resident and they can come after you for tax on your worldwide income.
Also according to the EU rules you cannot be a resident of more than one EU country at a time.
#20
Re: How to cancel your Residencia?
Just an update for your info
Have been investigating this business of cancelling the Residencia and from
what I can gather if you do not cancel it here properly you are still considered to be a fiscal resident and they can come after you for tax on your worldwide income.
Also according to the EU rules you cannot be a resident of more than one EU country at a time.
Have been investigating this business of cancelling the Residencia and from
what I can gather if you do not cancel it here properly you are still considered to be a fiscal resident and they can come after you for tax on your worldwide income.
Also according to the EU rules you cannot be a resident of more than one EU country at a time.
#21
Re: How to cancel your Residencia?
Just an update for your info
Have been investigating this business of cancelling the Residencia and from
what I can gather if you do not cancel it here properly you are still considered to be a fiscal resident and they can come after you for tax on your worldwide income.
Also according to the EU rules you cannot be a resident of more than one EU country at a time.
Have been investigating this business of cancelling the Residencia and from
what I can gather if you do not cancel it here properly you are still considered to be a fiscal resident and they can come after you for tax on your worldwide income.
Also according to the EU rules you cannot be a resident of more than one EU country at a time.
If you leave Spain permanently then you can "baja" from the list of foreigners using exactly the same form that you used to sign on originally.
To respond to Snikpoh's post, you may pay tax in more than one country but you will normally only be tax resident in one.
Take the example of someone who has a UK government pension and a UK state pension and lives in Spain. You would pay tax in both the UK and Spain but you would only be tax resident in Spain.
Income arising in the UK is always taxed in the UK irrespective of tax residency. If you have a UK state pension it arises in the UK and will be taxed in the UK. If you ask HMRC nicely they will, under the terms of the double taxation treaty between the UK and Spain, allow you to have it paid tax free in the UK and pay tax on it in Spain.
There is a set of rules within the tax treaty which determines which country in which you are tax resident and under those rules you will only be tax resident in one or the other - not both.
#22
squeaky clean
Joined: Mar 2010
Location: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing
Posts: 1,576
Re: How to cancel your Residencia?
ooopppsss
Jo xxx
Jo xxx
#23
Re: How to cancel your Residencia?
I have read somewhere that it can have implications re your Bank account
not being changed to a non resident one. Which is why we need to do it
properly. Also as pensioners on return to UK they ask if you have cancelled
with INSS. As usual in Spain there are 50 ways to do things and you just have
to hope you choose the right one.
not being changed to a non resident one. Which is why we need to do it
properly. Also as pensioners on return to UK they ask if you have cancelled
with INSS. As usual in Spain there are 50 ways to do things and you just have
to hope you choose the right one.
#24
Just Joined
Thread Starter
Joined: Jul 2012
Location: UK
Posts: 16
Re: How to cancel your Residencia?
THANKS to you all for your replies