wheatlandrentals.com » spain http://www.wheatlandrentals.com Property Management Guidance Mon, 23 Aug 2010 07:59:30 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Rock on Over to Gibraltar to Avoid 50% Tax http://www.wheatlandrentals.com/rock-on-over-to-gibraltar-to-avoid-50-tax-51 http://www.wheatlandrentals.com/rock-on-over-to-gibraltar-to-avoid-50-tax-51#comments Thu, 21 Jan 2010 17:32:42 +0000 Damon http://www.wheatlandrentals.com/?p=51 A new tax band set to be brought in by Alistair Darling in April this year could see high earners quitting the UK to seek climates, and properties new abroad. Mr Darling is set to introduce the new tax band for those with incomes over £150,000 and this could push earners who fall in to the bracket to seek residence in tax havens such as Gibraltar. Gibraltar, at the foot of Spain’s south coast has a fantastic 300 days sunshine per year on average and has been a British colony since the 18th Century.

Those with assets of £2million net, who invest in an approved property for exclusive residency (and have not lived in Gibraltar in the last five years) are likely to qualify for what is known as Category 2 status. This status ensures you pay no more than £24,500 tax on your worldwide income.

]]> http://www.wheatlandrentals.com/rock-on-over-to-gibraltar-to-avoid-50-tax-51/feed 0 Ossie Ardiles puts Marbella Villa up for Sale http://www.wheatlandrentals.com/ossie-ardiles-puts-marbella-villa-up-for-sale-31 http://www.wheatlandrentals.com/ossie-ardiles-puts-marbella-villa-up-for-sale-31#comments Tue, 03 Nov 2009 12:50:45 +0000 Damon http://www.wheatlandrentals.com/?p=31 Spurs and Argentina legend Ossie Ardiles has been forced to put his dream property in Marbella up for sale. The ex Tottenham Hotspur player claimed he would never again look at leaving the UK.

Ossie bought the luxury detached 4 bedroom villa a little over 4 years ago, overlooking one of Marbella’s many golf resorts La Quinta. It overlooks the first Tee at is currently on the market for £1.5 million, however that is a reduction from £2 million a year ago.

Most people would love the chance to build their ideal property in the sun. Marbella is Spain’s equivalent of Monte Carlo, however Ossie cited being bored and having little to do in winter as one of the main reasons for a return to the UK.

He quoted:

‘Our sons Pablo and Freddie, who are now 35 and 31, weren’t married back then’ [when they bought the property], ‘but now we have grandchildren and we also wanted somewhere with a bit more life in winter. It can be very quiet out of season down there. So the dream vanished and we came back home.’

To be honest, if I could afford a property out there then I think I could put up with the odd quiet winter!!! Each to their own!!!

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