Hi Learned group,
I have enjoyed learning from the excellent info availiable from this group, and now I need to know a few answers to personal questions:-
I hope you will bear with me and give me the experience of your knowledge.
The scenario.
My wife works for a large multinational and the opportunity has arisen for her to move to Valencia on secondment. Obviously as the hubby I am expected to up sticks too (which i am happy to do).
My personal position is I will earn from several rented properties in the Uk about £2,900 pcm. I love Spain and I would love to live there.
Is it better to return to uk periodically to maintain residence in uk so i pay my tax as usual to Gordon Brown, maintaining my health rights (NHS) and being a uk citizen who spends time abroad. (I am 38 years old)
Or Should I become resident in Spain pay spanish taxes and go private with my health care.
I would like the most tax efficient route as I would be living on my “Pension fund” so to speak!
Anybody in a similar position out there?
Thanks in advance
El Gamberro