There is a lot of scaremongering going on at the moment and even more unanswered questions on how a Brexit will affect expatriates in Europe, of which some 800,000 currently live in Spain. Be it in relation to healthcare entitlements, pensions, employment or the basic question of whether expatriates still have the automatic right to live within the EU. I am sure over the next few months this will become clearer to all.
Is in or out the right way to go? Like everything in life, everyone has their own opinions and only time will tell if the final decision was ultimately the right one. If you want your voice heard and your opinion to matter, and have lived outside the UK for less than 15 years, then you need to register to vote at https://www.gov.uk/register-to-vote.
With all this uncertainty making the money and stock markets even more volatile, as well as the Bank of England and the ECB talking of cutting interest rates further or even making them negative, now is the time to make sure your financial affairs are in order, working for you in the best possible way and that they are in the right place for you no matter what life throws at you.
Blacktower Financial Management has been established for 30 years and has worked with clients through the good and the bad times, offering sound advice and helping clients make the best decisions for their needs.
At Blacktower Financial Management we pride ourselves on being totally independent; we offer products that can suit all needs, be it a product that can to a certain extent smooth out volatility and offer consistent returns or a product that can mitigate inheritance liabilities. For those of you interested in wealth preservation we work with one of the oldest and most respected Swiss Banks, Lombard Odier, who specialise in helping high net worth individuals manage their wealth. We believe everyone should have a choice.
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.
Spanish newspaper ABC has reported that tax authorities in the country are cracking down on expats who fraudulently claim Gibraltar residency for the purposes of 
One of the most frequently-asked questions asked by many of the 300,000 Expats living here in Spain is ‘am I resident or domicile?’ It is a good question, and one worth finding the answer to, as your residential status when living abroad affects the way in which you pay tax and how much you pay.