Contact

News & Insights

Expats can enjoy Spain’s top quality beaches

Finding the best beach for your expat destination

But which of Spain’s beaches is the best? According to the 2017’s Traveller Choice Awards by Trip Advisor, the best beach in Spain (and the best beach in Europe, for that matter) is La Concha beach, located in the coastal city of San Sebastian in northern Spain.

But you don’t have to pack up and head to San Sebastian to get the best beach experience. Spain is full of quality beaches. In fact, it was recently announced that Spain once again has the highest number of quality beaches, receiving the prestigious Blue Flag award at a total of 579 of its sandy shores.

The Blue Flag is an award given by the Foundation for Environmental Education to certify that a beach, marina, or eco-tourism boat has met its strict standards. The Blue Flag is a symbol that the beach is a safe, well-managed environment. Each beach is judged on four main categories: water quality; the safety of the beach’s users and the quality of services available to them, such as having an adequate number of lifeguards and available drinking water; environmental education and information; and environmental management (in other words, whether the beach has the right system and facilities in place to ensure it remains clean and hygienic).

Being the country with the highest number of Blue Flags is a claim to fame Spain has been able to make every year since 1987, which was when the Blue Flag Award was initially set up.

In total, the Spanish coast has been awarded 684 flags because, in addition to its beaches, it also won 100 flags for its marinas and five for its cruise ship ports. Broken down by region, Valencia, on the east coast, has the most quality beaches, with 129 earning a flag, followed by Galicia (113), Catalonia (95), and then Andalusia (90).

Add to your beach lifestyle with healthy finances

To fully enjoy your expat life in Spain, it helps to have peace of mind that your finances are effectively safeguarded, leaving you free to spend your time however you want – whether that be sunbathing, enjoying water sports in the ocean or getting busy setting up a new life.

Blacktower has financial advisers at various locations globally – please contact our team to speak with your local Blacktower expat financial advisor.

ions along the Spanish coast – Costa del Sol, Costa Blanca, and Barcelona – ready to offer you expert financial advice in Spain.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Family Court rules on QROPS pension

Fife pound notesA judge at a UK court has ruled that limitations in the law mean divorcing partners cannot make claims for the QROPS pensions of their British expat ex-partners.

This ruling relating to overseas QROPS pensions was reached in the High Court as part of the protracted and embittered divorce settlement of Amit and Ankita Goyal.

The couple divorced during the summer of 2013 and an earlier court hearing in October 2015 ruled that the husband should pay a financial settlement to his wife. However, it was not until the High Court decision in October 2016 that clarity was offered in respect of the husband’s £87,000 India-based QROPS pension.

Read More

In the Absence of the Investing Golden Goose Play the Long Game

CoinsOn many occasions, lay investors have a tendency to confuse banking and property revenues as useful gauges of the overall strength of the investment economy. But, however healthy (or unhealthy) these two sectors appear, this should not be allowed to cloud the investment opportunity available to you via your expat financial services manager.

This is why we should not be overly concerned that returns in banking investments currently sit below historical averages – what this potentially marks is simply the residual impact of the 2008 financial crisis and the fact that banking and the wider investment economy have evolved with the advent of new and disruptive players in the finance sector.

For example, a new piece of research by Accenture showed that in 2005 there were 24,000 firms operating in the worldwide banking industry; today this stands at around 15,000. But this alone cannot be seen as a true reflection of the current climate because during the same period we have witnessed the dawn of 600 FinTech firms, 1,900 payment institutions, 700 new banks, and 400 subsidiaries of existing banks – there has also been some consolidation in the area.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: