Tax Guide: Spain is one of the most popular destinations for British expatriates.
Having made the decision to move to Spain, it is essential that you plan prudently in order to optimise your finances, particularly in relation to the implications of income and capital gains/
savings taxes as well as wealth tax, rental tax, succession tax and gift tax, for example.
Tax laws in the UK and Spain differ significantly and if you are going to manage your
wealth successfully, the support and guidance of a professional who understands
all the relevant cross-jurisdictional issues will be an invaluable asset.
As a simple
example, which will be discussed later in this document, winnings and growth from all
the common UK tax-efficient savings vehicles such as premium bonds and ISAs are
taxable in Spain