The Moving Guide to Mallorca

Finding a Home

Whether you're planning to move here permanently, as if you just want to spend part of the year in Mallorca, you need to find a home. Make a list of facilities / services you need in a home and area (for example. Proximity to schools, hospitals, public transport etc), and keep in mind to save time when researching the market. If you do not know the island well worth renting a home for a while to explore and identify the areas that you like and where you think you could live. Find a wide variety of properties to buy or rent, suitable for all budgets and tastes. Enter today at www.abc-property.com and begins to learn about the offers.

First things first Lp

You can not buy a property, organize essential or buy anything significant on the island if you do not have an NIE, and you'll get to present your passport and two passport-size photos. The NIE is a number that the tax applies to you, identifying yourself as a foreign citizen, it is essential to ask your own then you move to Mallorca. If you live in Spain for more than 90 days per year will also need a Certificate of Residence - whether renting or buying.

Legalizing Things

When purchasing a property, you need an attorney specializing in representing Spanish law. There are several excellent firms on the island, with multilingual teams to help you every step of the buying process. We also will require the services of a notary, whose job is to ensure that the transaction is completed in accordance with government regulations as well as approve and witness of writing, prior to registration. Once you purchase your home, it is essential to make a Spanish Will to cover your assets in the country, according to Spanish law of inheritance.

Money Matters

Insurance

When you have purchased your home, you have to secure it. Talk to an insurance broker or your bank to find the policy that fits your needs, not forgetting to mention if the home is going to be permanent or temporary.

Taxation

Spanish tax year begins on January 1 and ends on December 31 - and that's the simplest thing we can say about it! If you spend more than 183 days a year on the island (not necessarily consecutively), you are considered a resident in terms of taxes, and you have to file the tax return before the end of June each year. In Spain, the taxation process is very complex - especially if you have property and investments outside the country - we recommend seeking help from a professional financial adviser. Apart from tax on income, equity and other potential domestic taxes (as applicable) are also real estate taxes (IBI), and the garbage tax.

Protect your investment

A professional financial advisor is not limited to tax advice, you can also help you with your mortgage, pension, investment funds and implementing a financial management strategy that fits your income and investments. In Mallorca, Peter Worthington, senior partner of Blevins Franks - a group of financial and investment advisors with offices in London and across Europe - has been looking after the needs of its customers on the island for many years. From time to time also presents informational seminars - the next is being organized in collaboration with abcMallorca and address the issue of taxes in Spain. Take place at the Castillo Hotel Son Vida on Tuesday, April 5 (www.blevinsfranks.com)

Currency Exchange

If you are making a single payment, or if you have regular income (eg pension) from outside the Euro zone, the amount of money you have available will vary depending on the type of change. Moneycorp (www.moneycorp.com) maintains a comprehensive control of the market so you can make currency transaction at the optimum time and benefit from the best exchange rate, adjusting to your deadlines.

Driving in Mallorca

If you bring a car to Spain from your home country, you must officially register and pay for import taxes (also applicable to trailers). If you have a home here, you drive your vehicle with your original registration for the first 30 days of being here, and from then you should change to a Spanish tuition. It is compulsory to register your license with the authorities. The road tax is paid once a year, and if your vehicle has more than four years, must pass the vehicle inspection (ITV) once per year, resorting to an official of the ITV.

The Spanish bureaucracy is renowned for the abundance of paperwork that occurs, and what he refers to vehicles (including boats and yachts), seems endless. Generally require several visits to Palma Traffic ... although you can always hire help (see information below).

Health Care

Mallorca offers a wide range of excellent medical facilities, public and private, including hospitals, clinics, doctors, maternity services, dentists, medical specialists and nursing services. Often the center in question have multilingual employees. Depending on your circumstances you may have access to the public health system of the Spanish government, and worth about the matter. If you already have health insurance from your country of origin, may be transferable, however tends to be more profitable to hire a specific policy for the Spanish territory. If you are well informed and do a market study, you can save enough money on health insurance, especially because the coverage and conditions are variable, there are several insurance brokers in Mallorca that can help you find the policy that best suits your needs.

Education

Mallorca offers a variety of schools and local and international institutes, according to the educational system you want for your children. The international schools usually have a waiting list, so it's important to keep in mind when planning your move. Besides tuition and quarterly payments must take into account the cost of uniforms, books, sports, extracurricular activities and other materials and so on.

British schools on the island include: The Academy, Baleares International School Bellver International College, King Richard III, Queen's College; Eurocampus is only for students Germans and Swedes and follow the system of those countries, and the College Français de Palma offers French educational system. ? Gora Portals is the largest private college in Mallorca and is part of NACE group of private schools, based in Barcelona.

Livelihood

If you intend to seek employment in Mallorca, you will need a Social Security number and have to pay contributions (this in turn gives you access to health services). Maybe it dreams of opening your own business? If you are a European citizen and you have the NIE, you can open a business without problem. Spain has several business models (eg Standalone or civil society) and recommend seek professional help before choosing yours. You may need a business license, your profession or as you might have to validate your studies.

Among residents of Mallorca find much entrepreneurship and the international community is full of successful entrepreneurs. Experience is invaluable to 'networking', connect with other individuals within the community to learn new things and share information as well as forming partnerships. The abcBusiness Club provides an ideal environment in which to build these relationships, regular meetings where you can meet new people from a variety of countries. Becoming a member is free, register on www.abc-mallorca.com

Feeling at home

Do not want to miss the news or your favorite programs in your country? Talk to one of the specialists on the island to arrange for service of satellite television. Ocean (www.oceanpalma.com) takes years to provide television services for British customers and you can install Sky HD and Freesat.

Making new friends can be tricky - especially if you have children - and sometimes it is difficult to establish a new social life. AbcClub Join (for free) through our website and receive a weekly newsletter full of special offers, discounts and invitations to special events. Very soon you will feel at home!

Help!

The process of moving and start living in Mallorca takes a lot of paperwork and can seem overwhelming - especially if you have problems with language. We recommend as most Spanish and hire professional help: A private agency (an office that provides administrative services) or other specialized company, you save time and headaches handle all the paperwork, so you can devote yourself to remake your life in this beautiful island. The company Mallorca Solutions (www.mallorcasolutions.com) is of great help and from offices in Puerto Pollença Magaluf and offers a variety of services that will help with administrative processes and can advise you about benefits or grants that might benefit.