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Moving to Fuerteventura post Brexit

Posted: Thu Jan 21, 2021 12:01pm
5 replies187 views3 members subscribed
Brunobear

Posts: 2

Location: Triquivijate

Joined: 2 Sep 2020

Interested in learning if anyone has transitioned from the U.K. to Fuerteventura since Brexit and what pitfalls there are. 

MaNi6172

Posted: Fri Jan 22, 2021 7:13pm

Posts: 6

1 helpful points

Location: Puerto Del Rosario

Joined: 22 Jan 2021

Posted: Fri Jan 22, 2021 7:13pm

Brunobear wrote on Thu Jan 21, 2021 12:01pm:

Interested in learning if anyone has transitioned from the U.K. to Fuerteventura since Brexit and what pitfalls there are. 

Hi, my wife and I are planning to move to Fuerteventura this year on a permanent basis. Our plan when our property sale is completed is to rent a property in Fuertes  (3/4 months) before buying. 

We intend to drive from the uk as we have a pet dog who would not survive in the hold of a plane!! Any advice or members experiences would be much appreciated.

We are both self employed and intend to continue working remotely from the island before retiring  in a couple of years.

Any advice regarding the visa/residency options/process would be much appreciated, what application etc would have to be completed before we leave the UK?

Best Regards

Mark

Brunobear

Posted: Fri Jan 22, 2021 7:50pm

Brunobear

Original Poster

Posts: 2

Location: Triquivijate

Joined: 2 Sep 2020

Posted: Fri Jan 22, 2021 7:50pm

MaNi6172 wrote on Fri Jan 22, 2021 7:13pm:

Hi, my wife and I are planning to move to Fuerteventura this year on a permanent basis. Our plan when our property sale is completed is to rent a property in Fuertes  (3/4 months) before buying. 

We intend to drive from the uk as we have a pet dog who would not survive in the hold of a plane!! Any advice or members experiences would be much appreciated.
...

...

We are both self employed and intend to continue working remotely from the island before retiring  in a couple of years.

Any advice regarding the visa/residency options/process would be much appreciated, what application etc would have to be completed before we leave the UK?

Best Regards

Mark

We are relocating on a permanent basis. Have already sold in the U.K. and waiting for covid restrictions to lift and we are off. Eventually our daughter and dog will join us. 

Like you we want to know what we have to do. 

Cyberion

Posted: Sun Jan 24, 2021 12:06pm

Posts: 53

20 helpful points

Location: La Oliva

Joined: 17 Aug 2019

Posted: Sun Jan 24, 2021 12:06pm

Hi Mark

I did the same as you in May 2018 and have never looked back. 

The first thing is to ensure you get registered (unless you already are). As you are from the UK (post Brexit) this is even more important. The process is simple, just bit cumbersome with lots of paperwork (welcome to Spain)

I would take advice always from either the office UK Govt. website (Spain: register your residency - GOV.UK (www.gov.uk) or from the CAB Spain (https://www.citizensadvice.org.es)

Registration will get you the new TIE ID Card, as without this ID you can't do anything! Including open a bank account, register for health - NOTHING.

Next is a Bank Account - Unless you have one

Then is Health Care. As you are both self-employed there are 3 ways you can do this:

1. Pay for Private Medical Insurance

2. Pay into the Spanish Health System

3. Register as Self-employed on the Island and pay tax here. You will have Social Security deducted from your bank, but this is to pay for your pension and Healthcare. Social Security is quite high (up to 300 Euro per month) but it is fully tax-deductible.

If you register here as self-employed you can declare to HMRC that you are Tax Resident in Spain and as such any work you do in the Uk will be UK Tax-free. There are many tax benefits but if this is the route you want to take I would suggest contacting a Tax advisor.

I registered here as Self-employed so as to pay into the very good Spanish Pension system. I reach pensionable age next year and the Spanish will take into account the Years I have paid into the UK, as well as Years paid into any other Countries, as well as any years in Spain and calculate my pension accordingly.

It really depends on if you want to be Fiscally resident as well as physically resident here. You can, if you wish, remain to pay tax in the UK on you your worldwide income. HMRC do find out so make sure you tell all government agencies in the UK about your move. Particularly if you are claiming any UK benefits (disability etc) as these are based on residency, not citizenship.

A final tip. Try to learn Spanish, no matter how little. It is appreciated by the Spanish who will always try their English on you, but some do not speak English at all and so you may need an interpreter, especially from Government paperwork. Also, make sure you have all the paperwork for the Dog. Remember the Pet Passport may no longer be valid Post-Brexit (Pet travel: to and from Great Britain - GOV.UK (www.gov.uk).

There are hoops to go through as with any relocation, but once it's all done everything is fine. I really enjoy living here and have decided never to return to the UK.

Good luck with your move.

MaNi6172

Posted: Sun Jan 24, 2021 12:54pm

Posts: 6

1 helpful points

Location: Puerto Del Rosario

Joined: 22 Jan 2021

Posted: Sun Jan 24, 2021 12:54pm

Cyberion wrote on Sun Jan 24, 2021 12:06pm:

Hi Mark

I did the same as you in May 2018 and have never looked back. 

The first thing is to ensure you get registered (unless you already are). As you are from the UK (post Brexit) this is even more important. The process is simple, just bit cumbersome with lots of paperwork (welcome to Spain)

I would take advice always from either the office UK Govt. website (Spain: register your residency - GOV.UK (www.gov.uk) or from the CAB Spain (https://www.citizensadvice.org.es)

Registration will get you the new TIE ID Card, as without this ID you can't do anything! Including open a bank account, register for health - NOTHING.

Next is a Bank Account - Unless you have one

Then is Health Care. As you are both self-employed there are 3 ways you can do this:

1. Pay for Private Medical Insurance

2. Pay into the Spanish Health System

3. Register as Self-employed on the Island and pay tax here. You will have Social Security deducted from your bank, but this is to pay for your pension and Healthcare. Social Security is quite high (up to 300 Euro per month) but it is fully tax-deductible.

If you register here as self-employed you can declare to HMRC that you are Tax Resident in Spain and as such any work you do in the Uk will be UK Tax-free. There are many tax benefits but if this is the route you want to take I would suggest contacting a Tax advisor.

I registered here as Self-employed so as to pay into the very good Spanish Pension system. I reach pensionable age next year and the Spanish will take into account the Years I have paid into the UK, as well as Years paid into any other Countries, as well as any years in Spain and calculate my pension accordingly.

It really depends on if you want to be Fiscally resident as well as physically resident here. You can, if you wish, remain to pay tax in the UK on you your worldwide income. HMRC do find out so make sure you tell all government agencies in the UK about your move. Particularly if you are claiming any UK benefits (disability etc) as these are based on residency, not citizenship.

A final tip. Try to learn Spanish, no matter how little. It is appreciated by the Spanish who will always try their English on you, but some do not speak English at all and so you may need an interpreter, especially from Government paperwork. Also, make sure you have all the paperwork for the Dog. Remember the Pet Passport may no longer be valid Post-Brexit (Pet travel: to and from Great Britain - GOV.UK (www.gov.uk).

There are hoops to go through as with any relocation, but once it's all done everything is fine. I really enjoy living here and have decided never to return to the UK.

Good luck with your move.

Thank you for your advice, it’s much appreciated, we may have some more questions during the process but will keep you updated regarding our move,

Again Many Thanks

Mark & Nicky

Cyberion

Posted: Mon Jan 25, 2021 11:05am

Posts: 53

20 helpful points

Location: La Oliva

Joined: 17 Aug 2019

Posted: Mon Jan 25, 2021 11:05am

My plesaure. Ask any time.

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