New Expat looking for advice
#1
Just Joined
Thread Starter
Joined: Apr 2009
Location: Bahrain
Posts: 15
New Expat looking for advice
Hi everyone, I've read a lot of your posts with great interest but I have become a bit confused over the formalities of our move to Spain at the end of this month and wonder if someone could help me straighten things out?
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
#2
Re: New Expat looking for advice
Hi everyone, I've read a lot of your posts with great interest but I have become a bit confused over the formalities of our move to Spain at the end of this month and wonder if someone could help me straighten things out?
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
You will need to register at the local police station and they will give you a residencia certificate including an NIE number if you do not have one.
You can open a Spanish bank account with an address and a passport number as far as I am aware, I opened mine from the UK through Lloyds to Bancopopular.
It is difficult to say about the apartment unless you see it at different times of the week and see how many neighbours you have. ;-))
#3
Re: New Expat looking for advice
Yes ... what he said
And about the tax, if you are a Spanish resident then the Spanish tax man will want their pound of flesh, as JDR says, as generally speaking you pay your tax in your country of residence
And about the tax, if you are a Spanish resident then the Spanish tax man will want their pound of flesh, as JDR says, as generally speaking you pay your tax in your country of residence
#4
Re: New Expat looking for advice
Hi everyone, I've read a lot of your posts with great interest but I have become a bit confused over the formalities of our move to Spain at the end of this month and wonder if someone could help me straighten things out?
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
I bet you are exited
In regards to flats, I can only really speak of Alcaidesa and Santa Margarita; but you won''t have the typical tourist influx with loads of drinking. Santa Margarita doesn't have any facilities at all (bars nor shops). Alcaidesa has a few restaurants and a couple of bars (a commercial centre is being built). You will see a lot of golf tourists... Quite a few cross border workers live there, and it is very nice. Quite a bit of building work going on though.
In regards to tax, you pay it in Gib, and due to the dual tax agreement, you only need to pay it once The tax office in Gib will help (you need to visit them anyway, and they are more than helpful if you have any questions).
In regards to NIE, I have not heard of any agents ever asking about this TBH. One tip though, do negoiate as the market is well overpriced and landlords are more than willing to drop the price (ours were negoiated from €1000 to €700).
HTH, and good luck!
#5
Banned
Joined: Feb 2009
Posts: 569
Re: New Expat looking for advice
Hope this helps.
http://www.hmrc.gov.uk/manuals/dtmanual/DT17550+.htm
Its best to seek advice from official sources when dealing with complicated matters.
http://www.hmrc.gov.uk/manuals/dtmanual/DT17550+.htm
Its best to seek advice from official sources when dealing with complicated matters.
#6
Re: New Expat looking for advice
Hope this helps.
http://www.hmrc.gov.uk/manuals/dtmanual/DT17550+.htm
Its best to seek advice from official sources when dealing with complicated matters.
http://www.hmrc.gov.uk/manuals/dtmanual/DT17550+.htm
Its best to seek advice from official sources when dealing with complicated matters.
#7
Re: New Expat looking for advice
Hope this helps.
http://www.hmrc.gov.uk/manuals/dtmanual/DT17550+.htm
Its best to seek advice from official sources when dealing with complicated matters.
http://www.hmrc.gov.uk/manuals/dtmanual/DT17550+.htm
Its best to seek advice from official sources when dealing with complicated matters.
There is no double taxation agreement between Gibraltar and Spain.
As far as I am aware, the tax will have to be paid in Gib and if the person is tax resident in Spain then tax will also have to be paid in Spain and any tax paid in Gib deducted.
#8
Re: New Expat looking for advice
The UK taxman is not an official source in this context - Gibraltar is not part of the UK and this link refers to the agreement between the UK and Spain.
There is no double taxation agreement between Gibraltar and Spain.
As far as I am aware, the tax will have to be paid in Gib and if the person is tax resident in Spain then tax will also have to be paid in Spain and any tax paid in Gib deducted.
There is no double taxation agreement between Gibraltar and Spain.
As far as I am aware, the tax will have to be paid in Gib and if the person is tax resident in Spain then tax will also have to be paid in Spain and any tax paid in Gib deducted.
#9
Just Joined
Joined: Nov 2008
Posts: 2
Re: New Expat looking for advice
Hi everyone, I've read a lot of your posts with great interest but I have become a bit confused over the formalities of our move to Spain at the end of this month and wonder if someone could help me straighten things out?
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
I will be working in Gibraltar and living in Spain. I understand that I will be paying tax in Gibraltar but am unsure of what is required in Spain. Some rental agents have told me I will need an NIE number to rent with them but as I will not be paying tax in Spain, can I get this? Also, they are requesting a Spanish bank account, can I get one if I'm not earning in Spain?
One big concern I also have at the moment and no rental agent will give me a straight answer on is when we move into an apartment are we going to be surrounded by partying holidaymakers every night? According to the agents, no but all of the apartments we are looking at are next door/in the same building as holiday apartments. We are looking to live in commuting distance of Gibraltar and are looking at Santa Margartia/Alcaidesa/Duquesa. We will be over in 1 week to secure an apartment but I feel a bit overwhelmed with the selection available - any recommendations?
Sorry it is such a long post esp for my first one but you all seem to have great advice and a lot of my queries have already been resolved by lurking.
Thanks
KMas
I'm sure if you are working in Gibraltar that the employer will be aware of what you need to do in Spain. (SNIP)
Regards
DJ
David Jennings
Last edited by Mitzyboy; Apr 4th 2009 at 12:39 pm. Reason: Please dont procure for business on the forums
#10
Just Joined
Thread Starter
Joined: Apr 2009
Location: Bahrain
Posts: 15
Re: New Expat looking for advice
Thanks everyone for your advice, it is greatly appreciated.
Tinky, you mention haggling on rent, does this work and what is the best way to do so? We are very interested in an apartment that has been quoted at €1000 but we would prefer to spend a bit less at first
Tinky, you mention haggling on rent, does this work and what is the best way to do so? We are very interested in an apartment that has been quoted at €1000 but we would prefer to spend a bit less at first
#11
Re: New Expat looking for advice
The UK taxman is not an official source in this context - Gibraltar is not part of the UK and this link refers to the agreement between the UK and Spain.
There is no double taxation agreement between Gibraltar and Spain.
As far as I am aware, the tax will have to be paid in Gib and if the person is tax resident in Spain then tax will also have to be paid in Spain and any tax paid in Gib deducted.
There is no double taxation agreement between Gibraltar and Spain.
As far as I am aware, the tax will have to be paid in Gib and if the person is tax resident in Spain then tax will also have to be paid in Spain and any tax paid in Gib deducted.
http://www.gibraltar.gov.gi/gov_dept.../tax_index.htm
Here you can find some useful info about the "new" tax system introduced in 2007:
http://www.gibraltar.gov.gi/budget/B...axGrossFAQ.pdf
And this:
http://www.gibraltar.gov.gi/latest_n...07/89-2007.pdf
Although Gibraltar does not have its own dual taxation agreement with Spain (for obvious reason), there was an agreement made in 2007 making sure tax is paid only in one country on your wages. You will still need to fill in the Spanish tax form though...
Thanks everyone for your advice, it is greatly appreciated.
Tinky, you mention haggling on rent, does this work and what is the best way to do so? We are very interested in an apartment that has been quoted at €1000 but we would prefer to spend a bit less at first
Tinky, you mention haggling on rent, does this work and what is the best way to do so? We are very interested in an apartment that has been quoted at €1000 but we would prefer to spend a bit less at first
HTH,
#12
Banned
Joined: Feb 2009
Location: Alhaurin de la Torre, Malaga Province
Posts: 704
Re: New Expat looking for advice
We did it with our place when we first got it, and in fact we did it again a few months ago when the exchange rate hit rock bottom (we´re paid in sterling), I was quite surprised when the landlord agreed to it, cos we went in lower than we needed to, thinking he´d try and push it up - but he didnt!!!
Its a renters market at the mo!!
Jo xxx
#13
Forum Regular
Joined: Jul 2007
Location: Costa de la Luz
Posts: 45
Re: New Expat looking for advice
What is this agreement, can provide a link or any more information on this please?
#14
Re: New Expat looking for advice
Notwithstanding these specific agreements, most countries allow tax legitimately deducted in one country (such as income form working in Gib) to be offset against any tax due in the country of tax residence.
As Tinky said, a tax resident of Spain MUST declare all income from any source on his tax declaration (with some exceptions covered by tax treaties)
#15
Banned
Joined: Feb 2009
Posts: 569
Re: New Expat looking for advice
Hope this helps.
Cross border taxation for Gibraltar employees
As anyone who works in Gibraltar is already aware, employment income is taxed at source under the PAYE (Pay As You Earn) regulations, irrespective of where they live. Allowances (if claimed) and rates are based on personal circumstances and income during a Gibraltar tax year which commences on 1st July and ends on the following 30th June.
http://www.category2.com/Gibraltar_C...order_tax.html
To find further info just google Category 2 tax residency in Spain.
Cross border taxation for Gibraltar employees
As anyone who works in Gibraltar is already aware, employment income is taxed at source under the PAYE (Pay As You Earn) regulations, irrespective of where they live. Allowances (if claimed) and rates are based on personal circumstances and income during a Gibraltar tax year which commences on 1st July and ends on the following 30th June.
http://www.category2.com/Gibraltar_C...order_tax.html
To find further info just google Category 2 tax residency in Spain.
Last edited by Mitzyboy; Apr 4th 2009 at 10:44 pm. Reason: Please dont cut and paste copyrighted material, a link is sufficient thanks