Wills, Taxes and Residencia- Time marches on for Brexit
Time marches on. Thousands of words are spoken and still there is great optimism in the UK that Brexit is going to bring wealth, prosperity and a standing in the world similar to that from the past. Personally I think that is going to require a miracle. Needing to be part of a collection of countries when the world is a very dangerous place to live in, became apparent when Theresa May flew to Brussels to request help and support regarding the dreadful situation with the nerve gas poisoning in Salisbury. Will this be able to continue at the same level? No doubt due to the unsettled situation, sadly the British are not coming to Spain in the numbers they used to. They are being superseded by other nationalities. Let´s hope this reverts very soon when we are made to feel a little bit more secure on deciding to make Spain our home.
You will need, if you are Resident or Non Resident, to be registered to either pay or prove that you are paying taxes outside of Spain. Please do not ignore this legal requirement because there are more taxes than IBI and Basura to be assessed, especially if you are a Resident, and a huge fine could follow if you do not comply. If you are thinking of making a will, can I suggest that you do this as soon as possible, as without a will the problems, time and money that this will cost your loved ones, can be extremely high and stressful. If you are living with a person who dies, and you are not a blood relative, then it could turn into a nightmare, especially if the deceased has a son, who in Spanish law can supersede a common law relative. There is also the cost of dealing with a death, and having no life insurance or funeral plan, or the provision to pay the inheritance tax, finding these amounts of money fairly quickly, could cause a very unpleasant and worrying time for your loved ones. Everything I have mentioned here has been gained by the experience of others and myself. You must take on board that there is no help available from the government of Spain – you are on your own. But you have no need to be. My very professional associates can ease this situation if you contact them and take their advice. I appreciate that my company is an insurance company, however there is no point in just protecting your car and your house, you need to protect your family. Once again we can help you with a Bespoke Life Insurance policy, which can be as little as € 120 per year. Can you afford not to do this, because sadly accidents and illness do happen? You need to make all these decisions if you choose to live in Spain, to keep you and your family secure. You know it makes sense. All you have to do is visit www.expatservicesspain.net and contact my company for more information and to arrange an appointment with our associates.
When considering contacting us for your insurance, please remember that Liberty Seguros, the company I deal with, has a special division for Ex Pats. Please do not take this terminology lightly as the investment in the Ex Pat policies is very high, as they are different policies than those offered on the Spanish marketplace. For example, when calling for the grua, check how much distance is covered by your insurance as in most cases this is limited and over that level, you will need to pay, which is not cheap. Also the telephone number you call to make a claim is usually a premium number, which can be very costly. Liberty Seguros offers unlimited grua mileage, and you can call my office on a local number to speak with my Claims Administrator, who of course is bi-lingual and there to assist you. The house policy offered by Liberty Seguros is comprehensive and despite what you can be told, other house policies in Spain, I can assure you, do not have the same coverage. There is even a certain amount of water cover available, which is unique. When you consider the house purchase is the biggest purchase you make, please do not go on price alone and false promises. All the Liberty Seguros policies mentioned offer a Cashback bonus at the moment, for all new business, so now is the time to change. I can also assure you that on renewal you will not be given a huge increase on your premium, as can often happen when you are given a very unrealistic cheap price for your insurance.
For more information contact one of my offices or visit my website www.jennifercunningham.net. My consultants are there to help you with good honest advice, supported by one of the biggest insurance companies in the world.
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