Hi all,
I’m gearing up for a move to Spain and would love to hear some wisdom from those who’ve done it before — or at least lived to tell the tale.
I am still in the process of selling my assets in Australia, I’m torn between leaving the funds in my super (private pension), where withdrawals are tax-free, or shifting them to a bank . Of course, Spain treats those same withdrawals as taxable income — which, entirely fair given I’ll be living there, but it does add a bit of a wrinkle to my otherwise smooth forehead.
The money’s just for normal living — nothing extravagant, unless you count a decent glass of wine and the occasional tapa — so getting slugged with a tax bill on it feels a bit rough.
I’m also wondering whether there are any Spanish government-approved investment tools (bonds or similar) that might offer kinder tax treatment, especially for expats trying to tick visa boxes and avoid financial surprises.
If you’ve been through this dance or know of any tax-efficient options, I’d love to hear your thoughts. Bonus points if your advice saves me from grey hairs or long conversations with tax offices in two languages.
Rest assured, I’ll be enlisting a Spanish ant who understands the double tax treaty between Australia and Spain — but I’d much rather hear firsthand from those who’ve lived it (or are bravely living it now). Nothing beats real-world wisdom… especially if it comes without the hourly rate or the need for a stiff drink afterwards.
Cheers in advance!
I’m gearing up for a move to Spain and would love to hear some wisdom from those who’ve done it before — or at least lived to tell the tale.
I am still in the process of selling my assets in Australia, I’m torn between leaving the funds in my super (private pension), where withdrawals are tax-free, or shifting them to a bank . Of course, Spain treats those same withdrawals as taxable income — which, entirely fair given I’ll be living there, but it does add a bit of a wrinkle to my otherwise smooth forehead.
The money’s just for normal living — nothing extravagant, unless you count a decent glass of wine and the occasional tapa — so getting slugged with a tax bill on it feels a bit rough.
I’m also wondering whether there are any Spanish government-approved investment tools (bonds or similar) that might offer kinder tax treatment, especially for expats trying to tick visa boxes and avoid financial surprises.
If you’ve been through this dance or know of any tax-efficient options, I’d love to hear your thoughts. Bonus points if your advice saves me from grey hairs or long conversations with tax offices in two languages.
Rest assured, I’ll be enlisting a Spanish ant who understands the double tax treaty between Australia and Spain — but I’d much rather hear firsthand from those who’ve lived it (or are bravely living it now). Nothing beats real-world wisdom… especially if it comes without the hourly rate or the need for a stiff drink afterwards.
Cheers in advance!
