It's always a good idea to research the cost of living of any country that you intend to move to. So if you're planning on starting a new life here in Spain in 2016 and beyond, take some time to factor in the cost of items you'll be paying out for each month.
While the economic situation has been steadily improving here in Spain and throughout most of Europe, the fact remains that most of us are still counting the pennies and we want to make what money we do have go that bit further. Read on to find a realistic outline of the cost of everyday items. Hopefully this will enable you to plan your budget more efficiently.
We've included on our list, many of the most common shopping items you would buy on a daily basis, but we've also incorporated other essentials such as what it will cost you to run a car, how much you could expect to pay for utility bills and what you might assume to pay for travelling or eating out.
If you undertake any work or business activity in Spain and are classed as resident here, there is a good chance that you are liable to pay personal income tax or Impuesto de Renta sobre las Personas Fisicas (IRPF).
If this is the case you will be pleased to know that you can now file your personal tax return via the new Renta Web system online.
Renta Web is the Spanish tax authorities (Agencia Tributaria) new flagship online accounting system, which is aimed at helping streamline the payment of taxes. The new system will enable taxpayers to easily produce an online electronic draft of their return, which they may then fully submit.
You can use Renta Web online to file your 2015 tax return from between the 6th of April 2016 with the deadline for returns being the 30th of June 2016.
While purchasing your home in Spain is an exciting prospect, it's important to go into such a venture with your eyes wide open. It would be rare indeed to purchase an old country home and not have to carry out some sort of renovation or restoration. For almost any type of restoration work in Spain, you are going to need planning permission, so it is vitally important that you have a clear understanding of the basic requirements, meaning both the law and procedures that are involved, and also the consequences of what will happen if you neglect to gain the relevant permission before embarking on your renovations.
It's always better to think before you buy of course. If you're still at the pondering stage, take the advice of a local architect before you commit. They'll be able to give you an idea about the prices and the time frames involved. Many would-be buyers have found that planned restoration work means that the cost of the property is beyond their reach.