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whether you've been in Spain for six
0:02
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Wednesday at 10 A.M payathaire and
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eredia are your International lawyers on
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back on track with a friend from paythan
0:22
already have no said one or the other
0:24
will be in and it's Pedro welcome back
0:30
it's been a busy time for you I'm sure
0:33
lots of different you get a variety of
0:35
cases that you get involved with I was
0:36
talking to Ignacio last time he was in
0:38
about the sort of things you'd do on a
0:40
daily basis yeah that's right I mean
0:42
obviously I mean every day or every week
0:43
is absolutely different though and yeah
0:46
we deal with different kind of files or
0:48
litigation we as we represent many many
0:51
clients on investments or taxes on
0:53
immigration so obviously there is a
0:57
um information which obligates us to
0:59
study a lot and to to be well informed
1:02
in order to inform at the end to our
1:03
clients you know when we see when we see
1:05
on TV and film which I always come back
1:07
to it's my it's where I get all my
1:09
information about lawyers and cases and
1:11
things we see the exciting bits but it's
1:13
not all of it's uh that much fun but how
1:15
much time do you spend in the office
1:16
rather than on the road and in court and
1:18
the like well I mean um in the office I
1:21
mean probably and probably most of the
1:22
time is in the office I would say I mean
1:24
I would say like um between uh 40 60
1:27
percent is in the office and then
1:29
obviously we I dedicate a lot in the
1:32
court and the notorious offices and
1:34
obviously outside with clients and in
1:36
different areas or different scenarios
1:41
restaurants or like I mean you could be
1:44
also in a place that is is just a very
1:46
private place in order to speak about
1:48
things but outside the the office
1:50
normally when we speak about serious
1:52
things about confident things I like to
1:54
speak the Indie office where I I
1:57
obviously we have it absolutely more
1:59
confidence and no one is listening no
2:02
watching us I mean I I feel more
2:05
comfortable than clients feel more
2:06
comfortable yeah they probably do in a
2:08
more formal setting that you know this
2:09
is a real a real thing so I did I don't
2:11
know if it was you guys so somebody told
2:13
me about when they like to go to
2:15
people's houses sometimes when they're
2:16
dealing with stuff because often when
2:18
they come to you they forget some
2:20
documents so they have to you know you
2:23
know you have to come back later or make
2:24
another appointment but if you're at
2:26
their house it's probably there
2:27
somewhere so they've got everything
2:28
there yeah that's the thing well yeah
2:30
one of the things I always
2:31
um I mean what secretary is and when we
2:33
have our first appointment and when
2:35
someone is coming with us some questions
2:36
some queries about anything we tell them
2:39
bring to the office everything even
2:42
though even though you think that it's
2:43
something that is not useful is
2:45
something is not even important we say
2:47
to them bring any document you have so
2:49
we take a look and normally I when I see
2:51
like a big file of 100 pages
2:55
um even though I just need probably the
2:56
first pages of what the information the
2:59
I always say well let me see these
3:01
documents that you have here and I take
3:02
a look at these just some some minutes
3:03
is yes rapidly and sometimes sometimes I
3:06
see something important something which
3:08
is important something that uh is
3:11
relevant for for that specific person
3:13
for that specific issue or maybe a
3:15
different issue I remember one client I
3:18
cannot see her name but I remember when
3:20
she came to the office
3:21
um regarding it was you as a normal
3:23
consultation about taxes and she brought
3:28
um many many many documents from the
3:30
property with as she bought
3:32
and I really I realized that the
3:35
previous lawyer the previous
3:41
retained a lot of money we're talking
3:43
about thousands of Euros she didn't know
3:44
she didn't she I mean she did what it
3:46
was asked to be done right and I I
3:48
realized that it was a lot of money that
3:51
was paid and correctly
3:53
and what applied and correctly well I'm
3:56
I'm I may think I'm a good fighter of
3:58
that but it was something that some
4:00
years after I asked her did you receive
4:03
these money back he says no
4:04
so um she didn't even know that
4:06
obviously she didn't she if she doesn't
4:08
bring me that document I need that if I
4:11
don't take a look on that she he was he
4:13
was around more than 15 000 Euros right
4:15
in a letter I sent an email no answer
4:17
and send a letter an aggressive letter
4:21
um in order to say well you cannot
4:25
um and and he was paid back here the
4:26
following week wow so they wouldn't have
4:28
known if you hadn't brought everything
4:29
with her it's the thing isn't it when
4:31
you're uh well even which when you're an
4:33
adult doing anything just keep
4:34
everything keep all documents and
4:36
receipts uh somewhere organized it took
4:39
me a long time to realize I can get
4:40
organized but yeah I think I'm there
4:41
these days here's the thing I was going
4:43
to um because we'll get on to talking
4:45
um visas which is a big part of what you
4:47
do we talk about it a lot on this visas
4:49
and property and buying property
4:51
um but I said that I would mention this
4:53
that Dave who came through earlier
4:54
wanted to ask about how he goes about
4:57
securing dual nationality and I said
5:00
well I can answer that for you you can't
5:01
as a Brit there's no such thing there's
5:04
no jewels citizenship with Britain and
5:06
Spain exactly exactly these are not two
5:08
we still have this kind of agreement
5:12
um maybe in the future is going to
5:14
happen something I have tomorrow and uh
5:17
well it's not an appointment it's a
5:18
conference which I will be speaking
5:22
um the right to vote by International
5:26
citizens that live in Spain
5:28
and I know it's going to be the the
5:31
British Council there tomorrow and I
5:33
assume that she will be speaking about
5:36
British citizens but also I assume that
5:39
she will be speaking about something
5:40
about well what is going on with the
5:43
nationality maybe agreement between
5:46
countries or yeah so do you mean voting
5:49
in Spain in Spain yes because it came
5:52
about they've finally sorted it that um
5:54
you know there used to be I think it was
5:55
the 15-year rule that if you'd been here
5:57
that long you don't you couldn't vote
5:58
for in elections back in the UK
6:01
um as a resident here but you can't now
6:02
you can yeah yeah I didn't know that
6:05
okay and but the the dual citizenship
6:09
thing this was a recent thing as well
6:12
um you can that was only in the last
6:13
couple of years wouldn't they finally
6:15
did that the rule is really I mean at
6:17
the end if there's an agreement then uh
6:19
can I be dude again you cannot have
6:21
double nationalities I mean I have seen
6:23
many many people that has doubled
6:25
passport so either passport for living
6:27
countries and said well I haven't 1980
6:29
well this is not correct well with
6:31
France what happened is that there's
6:33
like a soft way without being an
6:36
agreement it's a lot of way in order to
6:37
agree that in France you are able you
6:41
are considered as a nationality of
6:42
friends and in Spain you are considered
6:44
in Spain without rejecting your friends
6:48
nationality as well as in France this
6:50
happens in many other countries but
6:52
Spain is one of the countries that in
6:55
many occasions I would say 99
6:56
applications if you get another
6:58
nationality without an agreement between
7:00
countries it looks like that you are
7:03
rejecting the other nationality this has
7:07
in applicable lawyers it is
7:09
international law it's a lot of impact
7:11
Ife is going to be a place some other
7:15
law that is not in Spanish which would
7:17
with the consequences that it affect me
7:19
with economy with assets uh with the
7:22
beneficiaries of finding inheritance for
7:23
example it has a lot of impact so if
7:25
someone is going to change the
7:28
regarding uh just to plan a future about
7:31
assets or beneficiaries family it's
7:34
important to to to to to now what are
7:37
the consequences in some ways yeah yes
7:39
because it does make things uh difficult
7:40
and as you say when you're applying a
7:42
law from a different country things
7:44
could be completely different yeah at
7:46
this time it is I mean nationality
7:47
obviously is extremely important I I
7:50
personally when someone comes and say
7:52
well I would like to to start a Spanish
7:54
nationality process is to get the
7:59
I always make some car easy you know
8:02
that you understand why why this is the
8:04
why you want me to because uh in many
8:07
occasions it's not needed not
8:08
necessarily it's necessary even now with
8:11
many occasions if I were in the skin of
8:13
my client I would say well you don't
8:14
need it I don't do it I mean it's
8:15
something that is it's not it's not
8:17
going to be bad for you not do don't
8:19
know having it so my medications are
8:22
it's not my my part to convince but
8:23
obviously to recommend and say well
8:26
um this is what you're gonna get if you
8:28
get this one international analysis
8:29
nationality which is not too much really
8:31
I have to say because I mean once you
8:32
already in Spain you have a lot of a lot
8:35
of uh I would say as equally right
8:38
except some little things which may be
8:41
important but except little things and
8:44
so it's and you will lose a lot of
8:46
things from your home country so it's
8:48
it's something that is Unity you need to
8:50
think about it yeah I'll see this um you
8:52
can do it with a lot of the South
8:53
American countries Latin American
8:54
countries here yeah yeah that's yeah
8:57
because it's it's the least they can do
8:59
Spain okay yeah that's fine you're
9:03
um have you seen the um the Spanish
9:05
citizenship test have you seen much of
9:07
it I like doing that there's a little
9:09
quiz thing sometimes put it up to see
9:11
how much you know right because there's
9:13
one in the UK and it's really hard
9:15
um I think Prince Harry and Megan had a
9:18
go at it they had a look at it because
9:19
she I think she tried to uh you know put
9:21
in the application it was really tough
9:23
but unnecessarily so I mean it's you
9:25
know sort of historical questions that
9:26
you just don't need to know it's it's
9:29
nice to know these things but they're
9:30
not obviously yeah it's been a long I
9:32
mean right now as a immigration
9:34
department who I mean he's is dealing
9:35
with with that obviously the test we
9:37
don't we don't manage with other some
9:39
academies I work with that in the in the
9:41
past we don't we don't do that but I
9:43
still saw one of the tests I remember
9:44
that it was some questions that I in
9:47
many occasions and I I like I read a lot
9:49
of books I like history I like cultural
9:52
newspapers I'm more or less updated to
9:55
the system to the politics and to the
10:00
history and some questions I I really
10:02
couldn't answer anyway let's get on to
10:04
something that's come up in the last
10:05
couple of weeks certainly in the
10:06
intervening period since Ignacio was in
10:08
two weeks ago about the the later
10:10
startups as it's called
10:12
um in Spain this is something that's
10:13
been mooted and it looks like it's going
10:15
ahead incorporating what we like to call
10:19
um what's the latest basically it's
10:21
going to be focused on on on in two
10:24
different pillars one of them is going
10:27
that are gonna really the the Lord wants
10:30
to attract Talent natural companies in
10:33
many occasions in the companies are
10:34
focus on the digital
10:36
um scenario and the game was going to
10:38
have like a big benefit it's going to be
10:40
uh it's gonna have like a on taxes and
10:43
in order to be installed in espania for
10:45
these companies but also and this is the
10:48
pillar is also to attract Talent people
10:51
that will be able to work in Spain with
10:54
uh with a computer really yeah that
10:57
basically technically I mean
10:58
um like we call it in Spanish
11:01
it's like someone who can work really
11:04
anywhere I mean for example myself I
11:06
could be in many occasions I could be
11:08
working in in different places or
11:10
different because my work is in at this
11:12
time is a lot by phone by video
11:14
conference by email a lot not everything
11:16
but a lot it works like that even though
11:18
the courts hearings in many cases right
11:21
now has been by by by the computer in
11:24
many occasions not everything obviously
11:26
and well this this second pillar which
11:30
is going to be at is in order to attract
11:32
the talent and uh and people who works
11:35
for companies outside because we have a
11:38
we have a very difficulty with a
11:39
non-lucative Visa with a woman working
11:41
Visa because at the end people do not
11:44
apply for self-employment because at the
11:46
end the family cannot be abroad and then
11:48
we always say we have different
11:49
resolutions but yeah just says okay the
11:51
non-lucative Visa covers that you can
11:52
work in Spain but it doesn't mean that
11:54
you cannot work for a company outside
11:57
immigration office rejected and then
12:00
resolution by judges and in all the
12:01
Spain was proving that you can have
12:03
analog divisor while working for a
12:07
company outside and proving that you
12:09
have enough savings without working to
12:11
live in Spain yes that's right too so
12:13
this this normal Visa what is going to
12:14
attract talent and it's gonna and in
12:16
some way to eliminate that problem that
12:18
we had before is as people can stay in
12:21
Spain can work in Spain and if the
12:24
income is no more than 80 percent it's
12:26
not more than 20 for companies in Spain
12:28
or for income that you get in Spain and
12:31
if it means that you have to have at
12:33
least 80 percent of your income from
12:35
companies outside of spin as a
12:36
self-employment as an employee and
12:39
that's what it says in their law
12:41
important issue is going to attract
12:43
obviously is you will not be paying your
12:46
taxes accordingly to you if you were a
12:48
resident it's going to be attractive
12:50
because you will be paying taxes across
12:52
if you were a non-resident so lower
12:54
lower okay so it might be that if you
12:58
are working so the non-locative Visa I
13:00
mean it sounds it sounds that you can't
13:02
work in Spain but maybe you are working
13:04
for outside you may be paying more than
13:07
you taxes exactly and this is one of the
13:11
questions I mean we are having a webinar
13:12
because I really need to entry on the
13:14
law and study carefully and specifically
13:16
and see which is going to be proceeding
13:18
the law is going to start in the first
13:20
of January so we still have one month
13:22
and a half ahead in order to to revise
13:25
and check everything and uh as in the
13:27
first of January is gonna it's gonna be
13:29
study improving it's going to start to
13:31
in order to make applications on that
13:35
well uh one of the benefits obviously as
13:37
I said is that the taxes are going to be
13:39
reduced taxes because if you are
13:41
non-resident if you are resident in
13:43
Spanish you are residents paying for tax
13:46
so at the end you pay the average rate
13:48
what gum goes from 19 to 47 or more so
13:53
Italian scale maybe it could be like 35
13:56
40 of your income is high
13:59
as many potential clients who don't want
14:01
to come to Spain because of that
14:03
I have had many many many many
14:06
um consultations or because of that but
14:09
there are some questions that has not
14:10
still been answered what about the model
14:13
of 720 what if you become resident even
14:15
though for tax purposes you are
14:17
non-resident what happens with the first
14:19
year which you get a Visa is not an
14:21
authorization to be resident which will
14:23
be in the following two years and two
14:27
what happens with the wheel tax
14:29
obviously if you are non-resident for
14:31
tax bill process uh wealth tax should be
14:34
the same exactly and also model 720 but
14:36
is this it is not really
14:38
mentioned yes we assume it's going to be
14:40
the same situation uh is for example the
14:44
Beckham law that we had yeah big
14:46
allowance when the difference here the
14:48
background really is going to be like
14:50
when someone comes to work for a Spanish
14:52
company and and there are some benefits
14:54
in order to reduce the taxes to 24
14:58
and well in this one is going to be also
15:00
reduced that percentage
15:02
and and for many companies in the world
15:05
I want to be want to be attracted into
15:09
Spain you know he's going to be reduced
15:11
into into 15 in the following years the
15:13
benefit so it's really it's quite good
15:15
it's quite good according to a Spanish
15:17
tax law yeah you said there's still one
15:20
or two questions to be answered with it
15:21
so would they if they were coming on a
15:24
nomad Visa they would be tax residents
15:26
they'd have to stay well there would be
15:28
no resident for tax purposes there will
15:31
be residents as an immigration situation
15:35
will be a it's like a golden Visa we say
15:38
well you could be Russian if you wanted
15:40
to that TI card it says authorization to
15:44
resident as an investor
15:46
well in we don't know what will be said
15:48
in the tie of The Nomad Visa residence
15:51
or that would be will be said something
15:53
like that other thing to be to resident
15:59
for the working outside of Spain okay
16:03
but if they manage to get hold of one of
16:05
those there's a nomad Visa would if they
16:07
didn't spend more than half the year
16:08
well they will I mean but they're still
16:11
paying they still have to pay tax yeah I
16:13
don't that's a good question
16:16
that's easily confused but you know it's
16:19
a thing it's always that what it seems
16:21
to me that whatever the Visa is however
16:23
you've done it if you stay more than 183
16:25
days exactly if you live in Spain and if
16:29
you get this kind of regime of uh of uh
16:32
of a situation where you are living in
16:34
Spain well obviously you will have to to
16:36
pay equally to this kind of a regime but
16:38
what if you get this by our DN really
16:41
you do not live in Spain more than 1853
16:45
days well I assume that that year I'm
16:49
will not be subject to this income tax
16:55
obviously will happen what will happen
16:59
it is really a contradiction because
17:01
someone which is working here is
17:02
physically here but is getting income
17:04
outside of Spain and Israel Russian one
17:07
will be no I assume there will not be
17:09
taxes to be paid but will not be renewed
17:12
okay another problem yeah sure yeah
17:14
after one year say well I want to renew
17:16
for another two years then you will not
17:18
be renewed that that's it that's the
17:20
question that we'll have to answer in
17:21
the following weeks before the first of
17:23
January because I assume that many many
17:25
clients that will be answering that the
17:27
nuclear Visa is has some similar
17:29
similarities I think on these kind of
17:31
situations it's like one year then two
17:32
years the same office the same who
17:35
approved golden Visa is going to be
17:37
approving this also it's going to be a
17:39
straightforward and it's going to
17:41
attract like a lifestyle in order to
17:43
attract people that wants to stay in
17:45
Spain not to pay too much taxes and live
17:48
in space for some years and then go back
17:50
I'm not I don't know why I'm kind of
17:53
stereotype if the people that are going
17:54
to be applying for this they go around
17:56
on the electric scooter in the backpack
17:58
and stuff I just cut the laptop
17:59
everywhere with them probably don't even
18:00
live in a fixed place but uh the um yeah
18:04
so that would the big people in a
18:06
situation now already living here that
18:08
it might be in there interesting it
18:14
this is why I mean this non lucrative
18:18
Visa that are right now God from from
18:22
people in Spain I've I mean I assume
18:25
that this those one will be able to be
18:27
changed into a normal Visa
18:30
what I don't exactly now and I will I
18:33
will I will find out probably in any
18:35
following weeks here I hope before it
18:38
starts which is going to be the criteria
18:40
or the interpretation of the law about
18:41
the the immigration office how many
18:44
years before I mean how many years I
18:46
mean it's it's going to be more than
18:51
um that's probably the question but
18:53
we'll be we'll be able to be changed
18:55
into a a different tax regime in order
18:59
to get benefits on that yeah yeah as
19:00
long as you can prove that this this
19:02
money is being earned exactly yes really
19:05
outside of Spain at least 80 percent um
19:09
yeah obviously whenever you made the
19:10
application you have to prove
19:13
um it's a matter of approval but I mean
19:14
I myself employment I work with
19:16
different companies these other
19:17
companies I work I have to show the bank
19:19
statements for the last three months
19:20
minimum which shows on the end you have
19:23
to convince the immigration office at
19:25
the end that you are really like that or
19:27
you have a University career you have a
19:29
professional for the last three three
19:30
years minimum or what you're going to do
19:32
in Spain I mean at the end you need to
19:34
convey some of the documents that you
19:35
prove whenever you made application yeah
19:37
and did you say or do we know that it's
19:39
going to be an initially one year and
19:41
then you need to renew it so it will be
19:43
that way in the sense yeah it looks like
19:45
you're gonna be the same and let's say
19:46
well they are the end they're going to
19:47
be some um we call it laws and then
19:50
there are some specific instructions in
19:53
order to to amend or to come confirm
19:57
what the proceedings are in order to
19:59
make the application good thing is going
20:01
to be it's going to be like it will be
20:02
done it will be able to be done once you
20:05
are physically in Spain so someone comes
20:11
I said oh I love this I want to I don't
20:14
want to go back I want to say and we
20:16
will be able to in the at least in the
20:18
following 30 days to apply for that and
20:21
we'll be able to be done cinematically
20:23
so it means that I will not have to be
20:26
the process of for example a non-look of
20:28
the Visa in the Spanish consulate then
20:31
they get the application then they have
20:34
to have three months time to answer and
20:36
then once you get there one month I
20:38
answer and you get the visa and then you
20:40
go to Spain and then you land into Spain
20:42
so it takes three five months more in
20:44
this case will be a specific very rapid
20:46
obviously with the proof with a
20:48
translational document that you need to
20:50
in case that you need to show some
20:51
public document you need to have a
20:53
positive information everything needs to
20:55
but will be done telematically committed
20:57
by your lawyer by the computer like it's
21:00
likely the golden Visa really in these
21:02
ways because the office that is going to
21:03
prove it is the same office that
21:05
approves the Golden BC Madrid so it's it
21:08
may not be that um just because it's new
21:10
they're all going to come in at once and
21:11
there'll be a huge backlog we don't know
21:13
yet but uh it looks like it looks like
21:15
it's a lot quicker yeah and it should be
21:17
that way I mean at the end this this
21:19
kind of uh law I mean is the principle
21:21
of this oyster drug talent in many cases
21:23
that work with computers digital and
21:25
even though any professional I mean it
21:27
does could be a lawyer it could be a
21:28
engineer could be a consultant anything
21:30
really yeah but at the end they work
21:32
with I mean it's digital so at the end
21:34
it should be like the golden Visa has
21:36
the system in order to apply it
21:37
automatically and be answered very rapid
21:40
okay well you're saying uh yes it starts
21:43
in January next year we think oh that's
21:45
quite a way off it's not it's it's as
21:47
you say it's only just over a month and
21:48
a half yeah it's a really bad we're
21:50
having a next week a webinar yes
21:52
specifically for this obviously we will
21:57
um answering any question obviously we
21:59
will show specifically what says the law
22:02
articles what what says what we're doing
22:04
what we think is going to be interpreted
22:06
and we obviously with recommendations
22:10
um and obviously it's very it's
22:12
extremely linked with taxes with normal
22:15
tax yes yeah yeah that will definitely
22:17
always come into play because it looks
22:19
like it's going to be like very I mean
22:20
the process of apply is going to be in
22:24
but regarding taxes is not going to be
22:26
it looks like it's got me also easy but
22:28
it looks like it needs to be clear many
22:30
many questions yes and if we launch
22:31
anything about applying for visas and
22:33
like the things that's going to take
22:34
time is you um having to go and then
22:36
they say oh no you need this and then
22:39
make sure you've got everything up front
22:41
so that's next week is it on the
22:44
Wednesday or Thursday is on um I think
22:47
we have planned to do it on on Wednesday
22:49
yeah Wednesday uh because the last one
22:51
on Thursday last week as one what's on
22:53
Thursday because we couldn't do it and
22:54
was about it we normally do it on
22:56
Wednesday yeah see back on back on track
22:57
yeah okay and it's uh through the
23:01
alicantylawyers.es if you go to the live
23:03
TV bit that's where you can register for
23:04
the webinar the details are new ones not
23:06
on there yet but they will be and the
23:08
previous ones up there to watch was the
23:10
last one a q a I think you did a whole
23:11
hour of yeah it's in all sorts we like
23:15
to I mean obviously we we open our minds
23:18
our knowledge in order to help people
23:20
and to answer specifically questions
23:21
that people has it's not just to give me
23:24
like in a speech and say well this is
23:26
what about anything is just directly to
23:29
answer and help people with specific
23:31
questions sometimes we can answer
23:33
sometimes we cannot because we need more
23:35
information or maybe we don't understand
23:36
or maybe we just don't know the answer
23:40
at that time directly
23:42
but this is is very direct the
23:46
um between us and the clients rapidly
23:48
and easy and and yes it's fantastic we
23:51
love it obviously we cannot we receive I
23:53
would say hundreds I'm amazed about
23:56
hundreds of questions many of them are
23:59
quite specifically and many of them are
24:01
really good questions because I
24:03
understand why they are asking that and
24:06
um but we cannot answer obviously uh all
24:08
of them we are like uh running question
24:11
answer question answer yeah sure
24:12
investor but it's good because you then
24:15
learn one of the most pressing issues
24:16
for a lot of people what's most on their
24:18
minds at the moment and what's the most
24:19
important thing exactly they want to
24:21
find out exactly that's right all right
24:23
well so the uh yeah that's the easiest
24:24
way to find your way through the website
24:28
your International lawyers based on the
24:31
Costa Blanca we've been assisting expats
24:33
for over a decade with laws to protect
24:35
assets and look after your loved ones
24:37
and continue to do so in post-brexit
24:40
Spain for advice on tax wills and
24:42
inheritance immigration or real estate