THE WORD ON THE STREET
News and information from Spain
International Edition - September 2024
Welcome to the September issue of 'The Word on the Street'. This is your monthly news and information from Spain provided by Ábaco Advisers. We hope to keep you in touch with the news, events and just a little bit of gossip.
Understanding the Spanish bank system
Understanding the Spanish banking system

Spanish banks can work differently to the banks you will have encountered in your own country. If you do not provide them with the correct paperwork they can freeze your account, or you owe money to the tax authority, for example, they can embargo your account. In this article from our blog we explain about embargoes, charges and provide advice about taking out insurance with them:
Retiring to Spain from the UK: How it’s done
Retiring to Spain from the UK

Have you always had your heart set on spending your retirement in Spain? Brexit has changed the course of becoming a Spanish resident but with the right advice and circumstances it is still an option for many people. In this article we outline the key documentation you will need to obtain residency and what the situation is with pensions and healthcare:

Retiring to Spain from the UK: How it’s done
How to obtain an NIE document in Spain: all you need to know
The NIE – how to obtain it and what it’s for

The NIE or Número de Identidad de Extranjero is an individual tax number for foreigners that you need when completing any major financial transaction in Spain. You are often asked for it, even when collecting your post! Before you buy, inherit or donate an NIE is necessary whether you are a resident or a non-resident. In this article we explain what it is used for, why it’s important and how to obtain one:

How to obtain an NIE document in Spain: all you need to know 
Living in Santa Pola Spain: The Definitive Guide
Santa Pola – your guide

At only around 20 minutes from Alicante airport, Santa Pola is a very handy destination to choose for a visit or to live in. You can also take regular ferries from this coastal town to the nearby island of Tabarca. With many other interesting features to boast about you’ll want to make a return visit or even buy a house there. In this article David Ruiz tells us about its history, its attractions and architecture:

Living in Santa Pola Spain: The Definitive Guide
Moving to Spain from Ireland: The Definitive Guide
Moving to Spain from Ireland

Are you an Irish citizen thinking of moving to a warmer climate? In this article David Ruiz explains the essential steps you must take if you would like to come and live in Spain:

Moving to Spain from Ireland: The Definitive Guide
N332 Facebook Page
Advice for non-residents with Spanish plated cars

If you are a non-resident but your car is registered in Spain then this can cause a problem if you are stopped by the police. The police cannot identify whether you really are a non-resident or not and so you might be given a fine for not having a Spanish driving licence. In order to prevent this misunderstanding you should carry with you a non-resident’s certificate. In this Facebook post the N332 explain further and also provide a link where you can apply for a non-resident certificate:

Raising the money to pay for your Spanish home

If you are set on buying your own property in Spain as a non-resident what options are available for funding your holiday home? In this article from ThinkSpain guidance is provided on obtaining a mortgage as a non-resident, using equity release, cash or receiving help from the developer:

How to finance an overseas property in Spain
What to do when a mortgage is paid off in Spain
When you’re mortgage free

On the flip side of the coin – what do you need to do when you have finished paying your mortgage? ThinkSpain takes us through the actions you should complete to ensure that your repayment is confirmed and that your new life without a mortgage can begin:

What to do when a mortgage is paid off in Spain
FIVE Biggest Mistakes When Buying in Spain
Five mistakes to avoid when buying

A Place in the Sun have many useful articles when it comes to buying property in Spain. In this one they highlight the five biggest mistakes people make when buying Spanish property:

FIVE Biggest Mistakes When Buying in Spain 
Why We Chose Mazarrón to Buy a Holiday Home for £60k
A Mazarrón success story

Do you watch a Place in the Sun? If you do then you might have seen the episode where couple Gary and Sandra settle on their new holiday home in Mazarrón, Murcia. In this article we learn a little bit more about the couple and their experiences since filming:

Why We Chose Mazarrón to Buy a Holiday Home for £60k 
A new British Ambassador, Sir Alex Ellis, arrives in Spain
A new British Ambassador

Sir Alex Ellis has been appointed as the British Ambassador to Spain. You can find out more about him on this Government page:

A new British Ambassador, Sir Alex Ellis, arrives in Spain
Is Spain against tourists?
Is Spain against tourists?

The answer simply is ‘no’. However, large numbers of tourists in specific areas such as Barcelona are creating some bad feeling – not towards individuals but the impact of the businesses around them. A large part of the unrest is to do with rental prices. Local people on relatively low Spanish wages cannot afford a property to rent and, understandably, this is a large part of the problem. In this article we read about how one area has ‘capped’ the number of tourists:

‘People understand the cap’: how a Spanish eco-beauty spot tackled overtourism

We can also read this interesting piece from someone in Barcelona responding to an article explaining how they feel:

Why tourism has become such an issue for us Spaniards
Is this the best place to retire to in Spain?: 'It has an incredible climate and a low-cost of living'
Where’s the best place to retire to in Spain?

There are lots of different answers to this depending on who you ask. However, in this list Torrevieja is given a mention. See if you agree:

Is this the best place to retire to in Spain?: 'It has an incredible climate and a low-cost of living'
Oktoberfest in Spain
Oktoberfest in Spain

The German celebration of Oktoberfest is now firmly a part of the Spanish calendar. Different regions have adopted their own styles and dates:

Barcelona are celebrating from the 3rd to the 20th of October:

Oktoberfest Barcelona 2024

Denia has already started and will continue until October 12th:

Experience Oktoberfest in the corner of craft beer lovers

Some of the dates for the festival still have to be confirmed but you should look out for this annual event in Calpe:

Festivals in Calpe: Oktoberfesters - Beer Festival (October 2024)

La Nucía has announced their dates as the 3rd to the 13th of October:

Oktoberfest CCC La Nucía

Unfortunately, some of the festivals we have missed as they took place in September!

The Rise Of White: The Wine Scene In Spain Swings Away From Reds
Is it red or white for you?

What’s your tipple? In this article from Andalucia Today we can read about the changing fortunes of red to white wine in the Spanish vineyards.

https://www.idealista.com/en/news/lifestyle-in-spain/2024/09/27/819403-six-of-the-30-beaches-with-the-whitest-sand-in-the-world-are-in-spain
The dream of white, sandy beaches

It’s perhaps no surprise that Mexico and the Seychelles boast the two whitest beaches in this top 30 list. However, Spain also gets a mention – in fact six times:

Spain is home to six of the world’s 30 beaches with the whitest sand
Baby Loggerhead Turtles From Costa Blanca Beach Finally Hatch
Loggerhead Turtles

As an endangered species, loggerhead turtle eggs are given five star treatment when they are laid. Following the sighting of a turtle on Poniente beach in Benidorm the protocol was put into place and now ten baby loggerheads have hatched:

Stowaway mouse seeks holiday in the sun
Cat and mouse

We’ve reported on unusual reasons for delays and detours before but this has to be one of the strangest. A flight from Oslo to Malaga had to make an unscheduled landing when an unwelcome rodent was found on board:

Stowaway mouse seeks holiday in the sun
Amber Heard and Johnny Depp spotted in Spain
Celebrity gossip

Johnny Depp’s name goes without explanation but for many Amber Heard was a relatively unknown until the famous court case in 2022. Now, she’s found peace by moving to Madrid whilst Johnny was drawn to London for his permanent home. As the San Sebastian film festival rolls on they both find themselves in the same country:

Amber Heard and Johnny Depp spotted in Spain
What interests you?
What interests you?

We would welcome any suggestions for future themes you would like us to cover either in the newsletter or in an article on Spain Explained.

Please let us know by email at newsletter@abacoadvisers.com.

Thank you!
Follow Us
Ábaco Advisers on Facebook Ábaco Advisers on LinkedIn Ábaco Advisers on Twitter Ábaco Advisers on Instagram Ábaco Advisers on YouTube Ábaco Advisers RSS
Share
Share on Facebook Share on LinkedIn Share on Twitter
Contact Us

Phone: (+34) 96 670 3748

Email: info@abacoadvisers.com

Logo

 
Data Protection. We wish to inform you that Ábaco Asesoría Legal y Fiscal SLU, B53402624 with the address C/ María Parodi 8, 3º, 03181, Torrevieja, Alicante, Spain, EU is responsible for data management.
To consult detailed information regarding our Data Protection policy and the application of your rights please open this web page link: https://www.abacoadvisers.com/privacy-and-protection-personal-data.
If, in the future, you do not wish to continue receiving information you can unsubscribe by sending an email to rgpd@abacoadvisers.com or writing to the above mentioned address.
Before printing this message please decide if it is necessary. Protecting the environment is in your hands.


Protección Datos. Le informamos que el responsable del tratamiento de los datos es Ábaco Asesoría Legal y Fiscal SLU, B53402624 con domicilio en C/ María Parodi 8, 3º, 03181, Torrevieja, Alicante, España, UE.
Puede consultar información detallada sobre nuestra política de Protección de Datos y el ejercicio de sus derechos en el enlace página web: https://www.abacoadvisers.com/privacidad-y-proteccion-de-datos-personales.
Si no desea en el futuro seguir recibiendo información puede darse de baja notificando al siguiente e-mail rgpd@abacoadvisers.com o en la dirección arriba indicada.
Antes de imprimir este mensaje, asegúrate de que es necesario. Proteger el medio ambiente está también en tu mano.

[[internal_footer]]