Resedencia

"I was wondering what the advantages (if any) are for getting a resedencia visa but not staying more than 183 days"

No advantage, residence means registering for tax.

On the other subject you need good advice, https://www.blevinsfranks.com/where-we-are/spain/

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The gentlemen who replied to you above does not know the full in's and out's as I do. Registering for tax is a separate completely. You could apply for residency (or non lucrative visa). You only need to register for tax if you spend more than 183 days a year in Spain.

Thanks for your reply Mark. Do you know what advantages if any, residency would give me without being a tax resident. For example would I have my passport stamped on entering and leaving if I had a resedencia? I then might be able to travel to other parts of the Schengen area on my UK passport, without worrying about the 90 day rules.

The advantages of residency is you can stay in Spain for more than 3 months at a time, I have heard of a couple of people who did not have residency who over stayed the permitted 3 months and were fined, therefore if you have residency you can stay over the 3 months. As regards coming into Spain on your residency card you get in the EU passport lane and show your passport and residency card at the same time and they don't stamp your passport, and the same when you leave. I have been back too and from the UK without any problem. With a residency card even if you did have your passport stamped once they see your residency card they just wave you through. I can't really see of any other advantages other than you can stay longer legally. The other advantage is renting properties for 6 months or over is you need a residency card (NI number on it). Although there are other ways to do deals with landlords on airbnb without a residency card

Hope that helps, let me know if you have any more questions

Thank you very much for sharing very useful information regarding residency. I wonder if you know, in the case of registering for tax (stays of over 183 days), will you have to pay tax on your income twice, once in the UK and once in Spain?

You shouldn't really, it's best to speak to an accountant who understands tax planning once you become a non UK resident, once you know your timings of moving it could work easier to inform the UK tax authorities that you will be a non UK resident from a certain date, then you have some time to register for tax in Spain. I am not an expert, but this company publishes a book  https://www.taxcafe.co.uk/offshore-tax.html

Also this company publishes various tax planning books and it may be worth subscribing to their services https://www.wealthprotectionreport.co.uk/

Forgot to mention most countries have double tax treaties, which means you only pay tax in one jurisdiction, but again you need advice as to when inform authorities

Thank you very much for the quick reply. That’s very helpful.

Sorry you are incorrect, I try to give correct advice,  you state  "Registering for tax is a separate completely" non-lucrative residence visa

First of all,  this residence card requires you to stay a minimum of 183 days a year in the country to renew, 'you will become a tax resident".

• This basically means that you will have to pay income tax on your worldwide income. Keep in mind that there are double taxation agreements. These will prevent you from paying twice for the same income if it was generated in another country but also paid in Spain.
• In the event that you decide to invest, for example in company shares, and you generate a profit from your investments, you will have to pay capital gains tax.
• In addition, in the case of buying a property, there may also be taxes associated with the transactions.

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