Explained Spain's 90 day rule
2:19
Explained Wealth Tax in Spain
13:27
Пікірлер
@pkh9380
@pkh9380 3 күн бұрын
Hello sir i have questions? My father in Spain, I'm from Pakistan 🇵🇰 How I can come to Spain,
@onestartravellermarkeymark5329
@onestartravellermarkeymark5329 9 күн бұрын
Hello. What happens after 5 years of the NLV? Which visa does one get or does one then get residency? Thanks
@fatboy653
@fatboy653 12 күн бұрын
Hi. I am slightly confused. Do we need a Spanish address BEFORE we apply for the Non Lucrative visa? If we are in UK and selling our home we will not yet have a spanish address. Chicken or egg situation? Thanks
@MyLawyerInSpain
@MyLawyerInSpain 11 күн бұрын
Yes you will need a Spanish address in order to apply for the NLV. It can be a temporary address.
@jonathankay8674
@jonathankay8674 19 күн бұрын
Fantastic video, I did ask you this specific question at the place in the sun event Alex, so this information is brilliant.
@boodori1210
@boodori1210 Ай бұрын
25:40, it's Long Term Residence, not Permanent Residence 25:59 "The 180 days in Spain for a 2 year renewal" was annulled by the Supreme Court last year 22:18 Nowhere in the legislation is there any requirement to demonstrate intent to remain in Spain
@AlejandroMS67
@AlejandroMS67 Ай бұрын
Very informative, straightforward no BS video, thank you!!
@user-lk4ku4fs6z
@user-lk4ku4fs6z 2 ай бұрын
Maam , you take applicants from India?
@naturerelaxmusic2598
@naturerelaxmusic2598 2 ай бұрын
Are the Credit Cards considered as a financial resources also fpr applying to this Visa?
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
No they are not.
@Paola11852
@Paola11852 2 ай бұрын
Do you cover Tenerife, re buying property? Thank you
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
Yes we do. Would you like to set up a call to discuss the purchase process? Please contact [email protected]
@Paola11852
@Paola11852 2 ай бұрын
@@MyLawyerInSpain Hello, thank you I’ll email today regards
@Paola11852
@Paola11852 2 ай бұрын
Hello MyLawyerinSpain 👋🏻😀
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
If you need specific advice about buying a property in Spain with a view to using it for tourist rentals, please reach out to My Lawyer in Spain at [email protected]
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
If you need specific advice with a property you are thinking about buying, please reach out to My Lawyer in Spain at [email protected]
@ayjee8
@ayjee8 2 ай бұрын
I’m a U.S. citizen working fully remotely for a U.S. company and have been wanting to living in Spain for years but my company doesn’t permit me to live outside of the country because of taxes. Will they have to pay any taxes/fees? Or can I handle everything to make it easier for them to accept ?
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
Hello contact our tax department to see if we can provide any suggestions. Please reach out to My Lawyer in Spain at [email protected]
@rehanagali
@rehanagali 2 ай бұрын
Is it like a national insurance number?
@ash_17406
@ash_17406 11 күн бұрын
It's like an NI-equivalent number for foreigners.
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
Our online service for obtaining a Power of Attorney is available here www.mylawyerinspain.com/online-tools/online-payments/signing-power-of-attorney/ Contact us at mylawyerinspain.com if you need help with your move.
@daveyyg33
@daveyyg33 3 ай бұрын
Do you know if i rented my own property out in the uk, the income could be applied to my income required on a working visa ?
@baphometh3849
@baphometh3849 3 ай бұрын
Hi! I’m currently in Barcelona but it’s impossible to get an appointment for the nie here; can I get an appointment in another province like girona or Valencia for example even if my domicilio is in Barcelona ? Thanks
@MyLawyerInSpain
@MyLawyerInSpain 3 ай бұрын
Yes you can or you can sign a power of attorney in our favour and we will then have an nie for you within 10 days
@rehanagali
@rehanagali 2 ай бұрын
How much does it cost to do it alone and with yourself
@baphometh3849
@baphometh3849 2 ай бұрын
@@rehanagali it cost 10 euro and a little bit of headache
@warrenroach4486
@warrenroach4486 3 ай бұрын
This video is so useful. So how long would you need to continue paying national insurance if you decide to live in Spain for good?
@MyLawyerInSpain
@MyLawyerInSpain 2 ай бұрын
If you need specific advice please reach out to My Lawyer in Spain at [email protected]
@Trap1Dog
@Trap1Dog 3 ай бұрын
Thanks for an informative video. Suppose I wished to remain tax resident in the UK, did not wish to apply for permanent residency in Spain after 5 years but did want to obtain ongoing renewable NLVs. Can you confirm as per the info at 25:37 that this would be possible by spending >180 (or exactly 180 days) but <183 days in Spain thereby fulfilling the residency requirements for the NLV (180 days) but without having to become a tax resident (183 days)?
@user-lk4ku4fs6z
@user-lk4ku4fs6z 3 ай бұрын
Hi, can I apply based on savings like fixed deposits, equities, portfolio value if I can't qualify for monthly income?
@MyLawyerInSpain
@MyLawyerInSpain 3 ай бұрын
Yes you can use savings to qualify for the NLV criteria.
@user-lk4ku4fs6z
@user-lk4ku4fs6z 3 ай бұрын
Thank u so much friend
@thomaswilliams7888
@thomaswilliams7888 3 ай бұрын
Hi Alex. We are presently on our 90 day stay in Our home in Quesada. Please would it be possible to access some advice from your office in Quesada regarding NLV and tax implications ? So worried about Spanish tax etc, it’s stopping us applying for our NLV. Would this be a free chat or how much might it cost. Look forward to your reply. Regards. Tom & Josie Williams.
@MyLawyerInSpain
@MyLawyerInSpain 3 ай бұрын
Hello @thomaswilliams7888 yes of course. We'd be happy to help. Please use our book a call link www.mylawyerinspain.com/online-tools/online-payments/consultation/ Let us know if we can help further.
@shaunminne1289
@shaunminne1289 3 ай бұрын
Terrible video; can't understand what she is saying
@StellaWembley
@StellaWembley 4 ай бұрын
Excuse me , a foreign European citizen with European passport but who lives in the UK, can still deduct expenses in tenerife when renting a property ?
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
If a Spanish property owner is European but lives in a Non EU country then they pay the rate of 24% tax on rental income and cannot deducts costs. The key point here is not that you are an EU citizen but that you are a tax resident in a Non EU country. If you lived in an EU country you could deduct the rental costs.
@highgreen6452
@highgreen6452 4 ай бұрын
We were gonna sell our house and buy a caravan in fuengirola we're both 55 would have had roughly £240k, nowhere near enough to live on for 11 years even though it is then there's all the red tape biggest one being the med insurance unbelievable
@DennisGonzalezny2honolulu
@DennisGonzalezny2honolulu 4 ай бұрын
I'm a 68 1/2 year old single-(divorced since 2016) retired IBEW Journeyman Electrician here in Honolulu. My SSA and draw down pensions equal $3,513.00 EU that's minus $174.00 (Medicare Part A,B,C,D) through my union. I'm planning to move to Spain March1, 2025 Two things: 1.If I take a job now with the H.P.D. as a traffic ticket clerk until I get my visa will that disqualify me as being retired? 2.There seems to be no Consulate in Hawaii is it necessary to go to a Consulate (which one?)
@MyLawyerInSpain
@MyLawyerInSpain 3 ай бұрын
Thank you for your question. We don't provide legal advice through this platform. Please book a call using www.mylawyerinspain.com/online-tools/online-payments/consultation/ Many thanks
@maneugeni
@maneugeni 4 ай бұрын
Do you have to become a Spanish Tax Resident to obtain the non-lucrative Visa? Our plan was to get Golden Visa and live in Spain for 180 days and keep our US tax residency and a US home.
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
Yes you can do that ! Hurry though because the GV program is being withdrawn.
@mackafra
@mackafra 4 ай бұрын
Doesn’t the non lucrative visa also work in this situation ? That would remove the need to act quickly for a GV
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
@@mackafra if you do not want to work in Spain or elsewhere then the NLV would be appropriate. The GV allows you to live and work in Spain whereas the NLV does not.
@FooootballFans
@FooootballFans 4 ай бұрын
Can i get iam ftom morocco
@thomaswilliams7888
@thomaswilliams7888 4 ай бұрын
Hi Alex Just been digesting this video re Visas. It was very very informative, honest and used language that was easy to understand. We have a property in Quesada, we know where your office is situated . Would it be possible to arrange a chat with one of your people., to ask questions? Would there be a charge for this chat??? Jo
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
Please send us an email to [email protected]
@Quantumcross2
@Quantumcross2 4 ай бұрын
This was a fabulous video! I had a few questions though. If the spanish company takes a loan from the parent company, is there a minimum required percent interest to charge? And are the loan agreements flexible or is there a required structure to them?
@thomaswilliams7888
@thomaswilliams7888 4 ай бұрын
Hi Alex thank you so much for your prompt reply. We own our home in the UK, are both retired and receive pensions. We have looked at the requirements as listed by your company for a NLV , and know we qualify. However, we are following your videos and need clarification at times. Hence the question. At present we are not ready to have that telephone conversation but would like you to answer our question if possible. Look forward to your reply. Tom
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
Tom in effect if you sell your main home in the UK and move to Spain do not spend more than 183 days in Spain in that year to avoid becoming a Spanish tax resident and thus possibly paying capital gains tax in Spain on the sale of your main residence because you do not reinvest all sales monies into your Spanish property.
@thomaswilliams7888
@thomaswilliams7888 4 ай бұрын
Alex thank you for cleaning that up. With regards to your video on wealth tax. What if all assets are in joint names, house in UK, house in Spain, bank accounts etc. we have a property in Quesada Alicante region. Is the wealth tax limit €500.000 each or €500.00 for our joint assets. Tom
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
@@thomaswilliams7888 it is each per person
@thomaswilliams7888
@thomaswilliams7888 4 ай бұрын
Great video lots of information. However, can you clarify what you mean by a way to “mitigate having to pay capital gains tax on the sale of your property in your home country? “Can you give an example. Thanks look forward to your reply. Tom
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
Suggest we set up a call and discuss Tom.
@ivanmaroto8792
@ivanmaroto8792 4 ай бұрын
i'm a U.S. citizen, i have been living in spain and have a NIE card, i am currently back in the U.S. and i would like to know if would i need to also comply to the 90 day rule having a valid card? i am in need of returning short of 90 days for the reason of actually renewing my NIE card before it expires but my question is really about the 90 day rule and if it also applies to me. ty.
@JulieBurns-hj5yw
@JulieBurns-hj5yw 4 ай бұрын
Can you be a company director in the Uk & apply NOMAD if you pay yourself a wage? I also have a degree & masters and I’m married too.
@thomaswilliams7888
@thomaswilliams7888 4 ай бұрын
Hi What if after 5 years you do not want to take full residency? Can you still keep renewing for 2 year periods? We do not want to give up our home in the UK but do very much want to live in Spain. Jo
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
Hello Jo - many thanks for your question. As mentioned if you spend more than 90 days in any 180 day rolling period you become a Spanish tax resident. Please check out our free legal advice guides - www.mylawyerinspain.com/useful-information/legal-advice-downloads/. And do email us at [email protected] if we can help in your individual case.
@thomaswilliams7888
@thomaswilliams7888 4 ай бұрын
Hi thank you for your reply. However you did not answer my question. But you replied about tax which I did not mention!?!? Please can you answer the question asked. Jo
@HolisticHealthEducation
@HolisticHealthEducation 4 ай бұрын
If you do the same thing in Uruguay, the tax rate would be 0%. Same in Mauritius. Spain have to attend to this serious weakness in the visa program.
@BezzasCarpChannel1
@BezzasCarpChannel1 5 ай бұрын
Hi, thanks for this information…my wife and I live in the UK. I hold an Irish passport and looking to retire on a private pension in Spain…do I still need to apply for a non lucrative visa?
@MyLawyerInSpain
@MyLawyerInSpain 4 ай бұрын
You can apply for residency here using your Irish passport and your wife can piggyback on your residency.
@charlie3134
@charlie3134 5 ай бұрын
Does anybody know if the Spanish consulate in San Francisco requires a physical appearance when applying for an NLV? When I call it says the number is disconnected and I can’t get an answer from their website. I live in Washington state, so it would be a pain to have to go there.
@Eurobazz
@Eurobazz 5 ай бұрын
Please correct me if I'm wrong but isn't 75 the upper age limit for being accepted into a Spanish private healthcare insurance plan regardless of the person's nationality and visa status?
@user-hb1zf8yu2u
@user-hb1zf8yu2u 5 ай бұрын
🔥🔥🔥
@Freelencher
@Freelencher 6 ай бұрын
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@SADIKULGAMER30K
@SADIKULGAMER30K 6 ай бұрын
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@paulnipper
@paulnipper 6 ай бұрын
So with my spouse being an Irish passport holder, does the residency have to be applied for in Spain or before we move? Hopefully moving after August 2024
@MyLawyerInSpain
@MyLawyerInSpain 6 ай бұрын
Hi Paul, residency has to be applied for from Spain. However you will need some docs from your home country so send us an email to [email protected] and we can send you some info.
@grissellrivera9159
@grissellrivera9159 6 ай бұрын
Can I send the application for Non lucrativa visa and still be working but have a letter notorized by the company stating the last day of work and no lo ger will be employed??
@askopromet
@askopromet 6 ай бұрын
I live (and work online) in Spain on a Digital Nomad Visa. Based on the DNV requirement I had to register as Autonomo. Do I, as a DN need to file/declare Modelo 720?
@MyLawyerInSpain
@MyLawyerInSpain 6 ай бұрын
Book a consultation with My Lawyer in Spain to discuss your move to Spain and your visa requirements. Contact us through mylawyerinspain.com
@sagardhatavkar1287
@sagardhatavkar1287 6 ай бұрын
Brother if i come first time in any country of Schengen area from United arab Emirates residence visa, then will i get 90 days tourist visa or less that 90 days tourist visa?
@johnconroy9517
@johnconroy9517 6 ай бұрын
I have an EU passport ..but live in the Uk presently .How would;d that work for tax ? Thanks
@MyLawyerInSpain
@MyLawyerInSpain 6 ай бұрын
If you spend more than 183 days in Spain you become a Spanish tax resident and pay tax here on worldwide assets and income.
@janicemurphy8053
@janicemurphy8053 6 ай бұрын
Hi, I have just recently sold a property in Spain and bought another one first property I had to pay capital gains I was talking to an estate agent a few days ago and he said that did you receive your 3% back from the government I wasn’t sure what he was talking about, but he said the government Holbeck 3%, if there’s any debts on the property, the money is taken out as I don’t work in Spain at all he said that you would not have any problem i’m recovering the 3% I sent an email to our lawyer he said I don’t know what you’re talking about. Can you advise me who is right
@MyLawyerInSpain
@MyLawyerInSpain 6 ай бұрын
If you made a gain you pay CGT in Spain. All costs of purchase and sale are deductible.
@MyLawyerInSpain
@MyLawyerInSpain 6 ай бұрын
Send us a copy of the deeds of sale and purchase and all costs and we can advise how much tax is payable.