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Absolutely! From anywhere in the world, Lanzarote has it´s doors open for you. If you are coming from the UK the rules have changed a bit but it’s still possible to enjoy your retirement here, with access to healthcare. Book a 30 or 60 minute (if you want to take your time!) consultation and we can explain the steps needed and make plans to arrange everything on your behalf.
The application process varies depending on your nationality and stage of life. We offer a residency consultation to answer all of your questions and make all the arrangements necessary to make the process as simple as possible.
If you plan on living on the island for more than 90 days you will need to apply for a residencia or visa, depending on your nationality. Yes, Europeans also need to register for residency if they’re going to be here more than 3 months. But don’t panic, we can make process simple for you
Don’t be scared, just be prepared. We advise everyone to arrive with 6 months worth of living expenses saved. If you plan to rent you will need to pay a months deposit as well as the first month’s rent. It may take time to find a permanent job and if you have kids you may want to send them to private school. Planning ahead helps you settle in with less stress when you arrive. Again, depending on your nationality, if you plan to work here you’ll need a social security number and NIE, and you will need a residencia /TIE for every member of the family. We can help you take care of everything, including getting the kids into a school on the island. We recommend booking a 60 minute consultation so we can advise you depending on your unique circumstances and start making arrangements on your behalf.
It’s wise to plan ahead as places may be limited. If you have very young children they may settle into a Spanish school, but generally older kids find it easier to transition into one of the private schools on the island. We can support you with registering them so you know you have their slot secured.
Absolutely. If you are paying social security contributions (as self employed or on a contract) you and your immediate family are provided for. If you are a pensioner with an S1 we can register you for healthcare, or if you have been resident here for a year we can help you set up monthly payments of 60 euros which will entitle you to medical care. Lot’s of options for you. And we won’t let the language barrier be an issue for you
Although it’s not compulsory, it does make the process of accepting inheritance run much more smoothly in the event of your passing. Our process is simple. We will send you a form to complete with all the information we need, and then send you a dual language draft so you can check the English version. Once you’re happy with it, we’ll book the appointment at the notary to go and sign the documents, and that’s it, simple!
The minimum salary is €1050 per month. Your employer will pay your social security and collect your income tax before paying your net salary. Having your social security paid entitles you, your spouse and children full health cover. After 2 years you will also be entitled to a generous unemployment benefit and a pension. This is the minimum wage, you may be able to earn a higher salary, but if you plan to do manual jobs such as cleaning and bar work, this is a good indication of what to expect. On the plus side, you do get plenty of holiday time – there are 30 to 48 days paid holidays per year
Self employed may be the best option for you, depending on your line of work. You don’t need much, a European passport or a non EU passport with a work permit are some of the basics. In some cases, an NIE number and to register at the social security office. Nothing we can’t help you with.
Good question, obviously the business plan is down to you. Having lived here for 40 years, I often sit and listen to the new entrepreneurs ideas and give them feedback based on my experience on the island. You will need to have contacts, knowledge and experience as well as a lot of passion for what you want to achieve.
That varies a lot depending on your line of work, if you will have employees etc. But one of our collaborating accountants will be able to help better with that.
Again, this depends entirely on your line of work, if you will have an establishment or not, etc. But let’s go on the basis that yes, you will need some form of license/ registration or both.
Yes, as long as you register them correctly. Under 18´s are only allowed to work in certain lines of employment and your spouse would need to be registered as your employee or collaborator.
YES. I reply in upper case as this is sadly where a lot of new businesses to the island go wrong. Yes, all employees need to be on a contract, no matter how few hours they do. There are a lot of requirements (like in most countries) regarding employment but have no fear, we will put you in the right hands and guide you all the way.
Get your pen and paper out. Changing your address (or your name also) is a horrid task.
You would need to register it at immigration, tráfico, social security, town hall, tax offices, your work and a lot list of others depending on your circumstances. We can help make the process a lot more straight forward and save you a whole lot of time. Book a quick consultation with us and we can prepare everything you need.
In short, don’t wait for something to go wrong because you “didn’t know”. Ask an accountant, there are lot’s of good ones on the island, you’ll find two we collaborate with under our recommendations
This is a common mistake. As a home owner in Spain you will be obliged to pay minimum 3 taxes each year. One is the yearly rates (council tax) for the property, the other is the yearly rubbish tax for the property and the last is your tax return as a NON resident. The minute you own property in a foreign country, i.e. Spain, you will always have to do a tax return to this effect.
This depends on your nationality and the expiry of your current license. Many countries, European ones for start, have agreements with Spain to allow a “straightforward” swap, for other countries this isn’t an option and you would need to sit your drivers license from scratch again in Spain (theory and practical). Book a quick consultation if you would like further assistance.
No, it’s not compulsory, but the truth is it makes life easier when the day comes and your family need to deal with all the paperwork side of things after you passing. We believe that making things easier for them in this crucial time is essential.
Buying property abroad is such an exciting adventure that thousands of foreigners fulfil each year. No matter if the property is going to be your dream home or an investment, the requirements in a nutshell as a few: NIE number, Spanish bank account and to ensure you do your yearly tax returns each year. Pay your council rates and rubbish. Not much else. Obviously when buying property anywhere, you need to ensure you’ve done your homework, choosing the right location, budget, potential etc. for your needs. Check the property has no debts, no building irregularities and you will be onto a happy successful purchase. Need help with this? We offer a property conveyance service to take care of the checks on your behalf.
Visit by appointment only.
Monday to Friday
08:00 – 16:00
+34 664 299 133
+34 646 00 48 78
lydia@lanzarotelivingconsultancy.com
We´re a little hidden away, when you stand in front of the yellow Hiperdino express, to the right hand side of the entrance you´ll see a passage with a black gate, walk down there and you will see us on the left. Signs outside anyhow
Our website has all the options on it, just click on services and select the option you need. If in doubt send us an email
Due to popular demand and covid/Brexit changes, we don´t answer calls relating to non customers questions. We do offer various consultation options (15-30 or 60 mins) where we can reserve some time for you and your questions
Visit by appointment only.
Monday to Friday
08:00 – 16:00
+34 646 00 48 78
+34 664 299 133
info@lanzarotelc.com
We’re here to help make your life simple, pop in what you need and let’s get you sorted.
