I had no trouble hearing or understanding anything you said. Your lovely Spanish-English accent is helpful to begin learning Spanish and why it is different from English. I do wonder whether the recent floods are impacting where people want to retire. Also, do the high Spanish taxes on USA social security pensions deter people, or are there ways to reduce paying a large portion of monthly social security benefits to Spain?
Hello again. As retired educators with fixed income from social security and pensions ($40k/year), and rental income from our condo, would we need a savings account with a year's income, also? Thanks! Dean & Cindy
Good evening, thank you for this video. Please can I ask a question regarding the golden visa? Is it 500,000 euros invested on property per couple not per person? Also we have a holiday home already how does that work for a second property or would we sell then buy? Kind regards
Hi Sarah, thanks for your question! If you are married it will depend on the economic marriage regime. To qualify t's 500k per main applicant. So, if the property is purchased under both of your names it might be that you have to invest 1m euros. You can buy a Second Property to complete the minimum investment of the 500k euros. If you want to sell a property, you are allowed to maintain the Golden Visa as long as you buy another property maintaining the investment. Hopefully this helps to clarify your question. If you'd like to discuss with a lawyer directly, you can schedule a free call by filling out this form: www.lexidy.com/contact-us/
Excellent video. Thank you. We are 66YO educators visiting Poland and Estonia after helping a new school open in Lviv. We are seriously thinking of selling our Portland condo and moving to Europe. Is renting a better option than owning a home for expats in Spain? We always wanted to own, but now it seems that putting the cash in CDs is wiser than purchasing a home. Plus the healthcare is better in Spain than in the US. Your thoughts? Dean & Cindy
Hi Dean & Cindy - thanks so much for your comment! To answer your question, renting does offer more flexibility and less responsibility, perfect for expats unsure about staying long-term in Spain. It also frees up funds for other investments like CDs. However, owning a home brings stability and the chance for property value growth, though it comes with upfront costs and ongoing expenses. Considering your interest in CDs, remember they are low-risk but may offer lower returns than real estate. Also, Spain's affordable and quality healthcare system is definitely a plus compared to the US! Ultimately, whether to rent or buy depends on your financial situation, lifestyle, and goals. I suggest consulting a financial advisor for tailored advice. Feel free to contact us through this form for more insights. We're here to help: hubs.li/Q029KGlT0
@@lexidy Thank you for the response, Laura Fusté! Owning a home is so American, that the thought of renting is uncomfortable. But, as a retired educator on a fixed income I wonder which is a better path. We bought the condo just a short time ago after completely renovating and selling our house. Spain is very popular for expats, and Spain is affordable. Another question, which area has the mildest summers? Does Valencia have mild summers? Thanks, Dean & Cindy
Hi Dean and Cindy! Nice to hear from you again. To answer your question, the area with the mildest summers would be in the North of Spain. For example, Donostia-San Sebastian, Bilbao and Santiago de Compostela are all excellent choices. However, the winters here can get quite chilly compared to the south so make sure to pack some warm clothes!
@@lexidy Thank you for the reply. Chilly winters are okay, it's the blistering hot summers that makes Cindy ill. I will check out Donostia-San Sebastian, Bilbao and Santiago de Compostela. I appreciate your help. Dean & Cindy
I had no trouble hearing or understanding anything you said. Your lovely Spanish-English accent is helpful to begin learning Spanish and why it is different from English. I do wonder whether the recent floods are impacting where people want to retire. Also, do the high Spanish taxes on USA social security pensions deter people, or are there ways to reduce paying a large portion of monthly social security benefits to Spain?
Cant hear properly , please use Microphone .....
Great video. Love to have you as a guest on my podcast!
Great video. Very informative!
Thank you!
Work and check the quality of your mic. I can’t hear or understand you.
Hello again. As retired educators with fixed income from social security and pensions ($40k/year), and rental income from our condo, would we need a savings account with a year's income, also? Thanks! Dean & Cindy
Good evening, thank you for this video. Please can I ask a question regarding the golden visa? Is it 500,000 euros invested on property per couple not per person?
Also we have a holiday home already how does that work for a second property or would we sell then buy?
Kind regards
Hi Sarah, thanks for your question! If you are married it will depend on the economic marriage regime. To qualify t's 500k per main applicant. So, if the property is purchased under both of your names it might be that you have to invest 1m euros.
You can buy a Second Property to complete the minimum investment of the 500k euros. If you want to sell a property, you are allowed to maintain the Golden Visa as long as you buy another property maintaining the investment.
Hopefully this helps to clarify your question. If you'd like to discuss with a lawyer directly, you can schedule a free call by filling out this form: www.lexidy.com/contact-us/
Excellent video. Thank you. We are 66YO educators visiting Poland and Estonia after helping a new school open in Lviv. We are seriously thinking of selling our Portland condo and moving to Europe. Is renting a better option than owning a home for expats in Spain? We always wanted to own, but now it seems that putting the cash in CDs is wiser than purchasing a home. Plus the healthcare is better in Spain than in the US. Your thoughts? Dean & Cindy
Hi Dean & Cindy - thanks so much for your comment! To answer your question, renting does offer more flexibility and less responsibility, perfect for expats unsure about staying long-term in Spain. It also frees up funds for other investments like CDs. However, owning a home brings stability and the chance for property value growth, though it comes with upfront costs and ongoing expenses.
Considering your interest in CDs, remember they are low-risk but may offer lower returns than real estate. Also, Spain's affordable and quality healthcare system is definitely a plus compared to the US!
Ultimately, whether to rent or buy depends on your financial situation, lifestyle, and goals. I suggest consulting a financial advisor for tailored advice.
Feel free to contact us through this form for more insights. We're here to help: hubs.li/Q029KGlT0
@@lexidy Thank you for the response, Laura Fusté! Owning a home is so American, that the thought of renting is uncomfortable. But, as a retired educator on a fixed income I wonder which is a better path. We bought the condo just a short time ago after completely renovating and selling our house. Spain is very popular for expats, and Spain is affordable. Another question, which area has the mildest summers? Does Valencia have mild summers? Thanks, Dean & Cindy
Hi Dean and Cindy! Nice to hear from you again. To answer your question, the area with the mildest summers would be in the North of Spain. For example, Donostia-San Sebastian, Bilbao and Santiago de Compostela are all excellent choices. However, the winters here can get quite chilly compared to the south so make sure to pack some warm clothes!
@@lexidy Thank you for the reply. Chilly winters are okay, it's the blistering hot summers that makes Cindy ill. I will check out Donostia-San Sebastian, Bilbao and Santiago de Compostela. I appreciate your help. Dean & Cindy
Sorry the sound quality needs à big improvement and talk slower.
Sound sound quality is bad you talk fast along with your heavy accent makes it hard to understand