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Financial Planning for High Net Worth Individuals
Living in Spain

Name:   Barry Davys
Phone: +34 645 257 525
E-mail: barry.davys@spectrum-ifa.com
Office address: Passeig de Gracia 63, 08008 Barcelona

“What I appreciated most was Barry’s transparency—he made it clear that, due to my current financial situation, his services would stand to benefit him/Spectrum more than me. He recommended that I get back in touch after I’ve reached a couple of other milestones. Many other advisors might have tried to take advantage of the situation, but Barry clearly puts the customer’s interests first.

Thank you Barry!”

Barry is well known in Barcelona and the Costa Brava for his financial expertise. For solving problems for international people in Spain such as:

  • I am about to receive an Inheritance. How do I report it, how much is the tax and how should I invest that inheritance?
  • I have retired to the Costa Brava but I have just found out my ISAs are taxed. What should I do?
  • I have sold my house in the UK, what do I do with the money? Should I buy a property in Barcelona?
  • I have just sold my business and I have never been in this situation before with so much money. Can you help?
  • I am about to buy a house in Spain. What is the best way to bring my Pounds into Euros?
  • I am moving to Spain, can you help with a Visa such as the Golden Visa?
  • Or worryingly, will I run out of money?

Listening to you and identifying what makes your situation unique to you is the starting point for Barry. He then uses a combination of his 28 years experience in financial services and as an RAF accountant to provide options and solutions. His understanding of business and business owners gives him insight to their problems and solutions.

Cashflow modelling software with real data on investments, including the drops in the market that gave us goosebumps, such as the 50% fall when the Covid pandemic was announced. Why is real data important? Well if that fall data is included in your model you will see if you will be OK even if something like this happens again.

Barry takes the time to discuss and explain risk and has a Guide to Investment Risk. Tax is explained as simply as possible and the impact of tax on your situation is assessed. Planning strategies often include tax. Of course, inflation is also being discussed and the impact on individuals and families is highlighted and solutions offered.

This complete approach can lead to some wonderful improvements in people’s financial life, including piece of mind. Here is an example of how this complete planning approach helped someone living in La Costa Brava.

If you wish to see how Barry might be able to help you, drop him an email at barry.davys@spectrum-ifa.com

Download our guides below

Your Guide to Tax in Spain 2022
Spectrum IFA Guide to investment risk
Moving to Spain
Specialist areas: Financial Planning for High Net Worth Individuals and Business Owners, Beckham Law, Inheritance Tax planning and QROPS
Expat since: 2006
Family: Two grown up daughters
Hobbies: Hobbies include walking, fly fishing, tennis, padel and golf.
Interests: The impact of the 4th industrial revolution on investment portfolios and the opportunities for people’s wealth management.

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