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Residency issue

Posted: Mon Feb 11, 2019 12:14pm
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Posts: 15

Location: Villamartin

Joined: 20 Sep 2018

Hi everyone I bought a property in villamartin for me and my family to enjoy holidays.im 55 yrs old so still a few years from retirement.my question is because of brexit I’ve been advised to take up residency,what would be the pros and cons of doing sobearing in mind I still live and work in the uk.

Posted: Mon Feb 11, 2019 12:29pm

Michael4254

Original Poster

Posts: 15

Location: Villamartin

Joined: 20 Sep 2018

Posted: Mon Feb 11, 2019 12:29pm

Thankyou for you quick reply,so I shouldn’t worry about it for now?

Posted: Mon Feb 11, 2019 7:15pm

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Location: Algorfa

Joined: 30 Oct 2017

Posted: Mon Feb 11, 2019 7:15pm

I thought residency was 183+ days... What's the 90-day rule about? And, do we not become a TAX resident until after actually BEING in Spain for 183 + one day?

Posted: Mon Feb 11, 2019 7:38pm

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Posted: Mon Feb 11, 2019 7:38pm

Gawd!!! But, thank you for the info :-)

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Posted: Tue Feb 26, 2019 2:18pm

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Location: Algorfa

Joined: 20 Aug 2018

Posted: Tue Feb 26, 2019 2:18pm

Oh I am finding all this 90 day/183 days business difficult to understand! If I travel back and forth to Spain over the course of the year to my holiday home and it is in excess of 90 days in total  do I have to become a resident? Alternatively can I choose to become a resident if I wish to even if I don't have to? Thanks

Posted: Tue Feb 26, 2019 4:36pm

jimtaylor

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Posted: Tue Feb 26, 2019 4:36pm

At the moment, if you stay here 90 days you have to apply for residency. But with Brexit potentially being imminent, you'd be better waiting until the effects of that are known before you do anything.

Posted: Tue Feb 26, 2019 8:35pm

Posts: 79

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Location: Algorfa

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Posted: Tue Feb 26, 2019 8:35pm

Thanks Jim..so 90 days in all not 90 days consecutive 😎

Posted: Tue Feb 26, 2019 8:39pm

Posts: 79

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Location: Algorfa

Joined: 20 Aug 2018

Posted: Tue Feb 26, 2019 8:39pm

Thanks Pete for your detailed reply...I may have to go and lay in a darkened room to think about the way forward 😎

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