With the UK preparing to leave the European Union at the end of March 2019, some people are already leaving the UK, whilst it is arguably still easier to do so than it will be after Brexit.
There are a number of vitally important consideration points to take into account in order to be organised from a personal financial perspective.
The key ones include the following matters:
- Confirming Non UK Resident Status with the HMRC
- Potential Tax Rebate
- National Insurance Contributions whilst Abroad
- Checking Your National Insurance Contributions
- Becoming Tax Resident in Spain
- Inheritance
- Healthcare
- Life Insurance
- Wills
- Property
- Private Pensions
- Banking
Taking these issues into account could help to save you a lot of time, money and headaches.
The Spectrum IFA Group provide detailed information on this specific subject:
https://www.spectrum-ifa.com/tips-on-moving-to-spain-before-brexit/