By Jeremy Ferguson
This article is published on: 24th April 2024
Are you British and living in Spain?
One of the hardest things I have to explain to a lot of clients who live here is what the difference is between residence and domicile. My objective is always to explain things in a way that makes sense and is understood, so typically endeavouring to simplify things as best I can, very often using analogies or examples that will help me get the relevant point across.
Residence is simply where you reside, typically, where is your ‘main’ home? That answer will then normally determine your residence, so if you live in Spain, you will be a resident here. That will then normally (not always, but in the majority of cases) also determine where you will be paying tax.
Domicile however is something very different, but I always like to say that in most cases your domicile is simply determined by where you were born. So if you were born in the UK, having spent a large part of your life there before moving to Spain, your country of domicile will highly likely be the UK.
Over the years I have seen many articles published here about how you can do certain things to change your UK domicile, and they were always full of so many ifs and buts. Without going into detail, the reality is, it is really quite difficult to lose your UK domicile. However, the reason people would try and do this is usually focused on UK Inheritance Tax (IHT) planning. This is the bit people have sometimes struggled to comprehend. If you are UK domiciled, you will pay IHT on your assets outside the UK, regardless of where you live. So ‘clever’ people would try and help you lose your UK domicile so you could avoid UK IHT in the event of your demise.
That could now all be a thing of the past, as the UK Government has recently proposed changes to how IHT is calculated. Essentially, what they are proposing is that IHT in the UK is moved to a basis where residency, and not domicile, determine whether the estate on death is subject to tax in the UK or not.
Under these proposals to move to a ‘residence based regime’ from 2025, the estates of Britons living abroad will no longer be charged UK IHT on their estates globally, as long as they have lived outside of the UK for more than the last ten years.
This could have significant and valuable implications for the amount of tax levied on death on the estates of Britons who have lived here for more than ten years. For many people, this could be very positive and welcome news.
Being the cynic I am, the question has to be asked, why would they do this? Well, as an example, currently the UK is a very attractive place to own property and be resident as a non-UK domicile. This creates many favourable tax breaks for these people. This is one of the reasons we hear of the huge swathes of property in London being in the hands of foreign owners.
Chancellor Jeremy Hunt announced in his most recent Budget that generous tax breaks for non-domiciled individuals will be replaced with a“fairer system” from April 2025, with new arrivals to the UK paying the same tax as everyone else after four years. This of course means that if you are changing to a residence based test in the UK, then people who no longer live there would, or should, be treated with similar fairness.
So, retirement abroad could suddenly become a much more attractive prospect for many people as a result of this change, so fingers crossed it actually happens.
If you have any questions about being a Spanish resident and Inheritance Tax, please feel free to get in touch to see if I can help answer things in a clear and concise manner.
By Jozef Spiteri
This article is published on: 20th April 2024
The information within this article is for information purposes and is not to be construed as investment advice or recommendation. Please consult with your investment advisor before making any type of investment.
I have been working as a financial adviser for over two years, during which time I have had many meetings and discussions with clients and investment professionals. Views of course vary on how best to achieve investment success without taking unnecessary risk.
One topic which often comes up in discussion is whether owning a rental property is likely to produce higher returns than a conventional multi-asset investment portfolio (with exposure to global stock markets, bonds, commodities, commercial property and cash).
When faced with this question, my answer is always simple – if your finances allow, why not invest in both, over time? For most of us, particularly when younger, we don’t have the resources (or expertise) to invest extensively (or successfully) in rental property and conventional multi-asset portfolios. However, if and when circumstances allow, having exposure to both can provide valuable diversification and reliable income streams from unrelated sources. Conversely, over-exposure to a single type of investment creates excessive risk and vulnerability in our finances.
Let’s say you have a pot of €500,000 to invest which you might have accumulated over time, or perhaps inherited. Investing exclusively in rental property might seem sensible, and safe, but such a decision should always recognise the longer-term expenses associated with property ownership. In calculating a realistic rental yield, as a landlord it is essential to take into account maintenance bills, occupation/vacancy rates (seldom is a property occupied for the duration of ownership), refurbishment costs, possibly letting agent fees and insurance premiums, tax liabilities and other expenses, all of which of course dilutes the eventual return, often significantly.
Now you might consider putting your money into technology stocks (the NASDAQ index has averaged around 15% pa over the past 10 years), or crypto currency. The potential returns are highly appealing indeed, but perhaps you would be underestimating the levels of volatility, and the risks of dramatic losses, that come with such speculative investing. Is that something you can afford, financially and psychologically?
Big bets can be rewarding, or ruinous.
Alternatively, you could spread your investment across a diverse range of holdings – from international equities (shares) to fixed interest (corporate and government bonds), to commercial real estate, to infrastructure projects, commodities, and cash – through a professionally managed multi-asset portfolio. A well-run strategy will balance capital growth with capital protection and be fully aligned with your personal risk profile. With appropriate advice, and a disciplined, long-term approach, it is entirely possible to achieve investment success without taking undue risk.
Forget get-rich-quick. Patience pays.
And consider too that bricks and mortar alone are not necessarily the foundation for achieving financial security. To accumulate wealth through investment, it is often diversification that produces the greatest rewards.
Our recommendations to clients vary on a case-to-case basis.
To discuss your circumstances and investment planning options, please get in touch. Our initial consultations are free of charge and entirely without obligation.
The Spectrum IFA Group Limited is licensed to provide investment services, under the Investment Services Act, by the Malta Financial Services Authority.
By Jozef Spiteri
This article is published on: 18th April 2024
The information within this article is for information purposes and is not to be construed as investment advice or recommendation. Please consult with your investment advisor before making any type of investment.
The investment industry has always been highly competitive. Financial advisers globally are continually seeking solutions which are both attractive and able to fully meet their clients’ expectations – not always an easy task.
When selecting investment solutions for clients, it is essential to propose a strategy capable of delivering meaningful returns.
Controlling cost is also important.
When looking to invest with the help of an adviser, or on your own, you may be faced with different layers of fees, and it is critical that you understand each specific charge and the all-inclusive cost. You will for example need to consider adviser servicing fees, platform fees and fund fees. You should be fully aware of all costs before investing. Excessive expense will dilute investment performance, so care is needed to optimise prospects for growth, immediately and longer term.
At Spectrum we discuss fees with prospective clients in the first meeting as we feel this is the best way to start off a relationship. Transparency is key and this helps clients feel more comfortable and well-informed. The fees for our service are highly competitive as we have access to the most cost effective funds and products, with no ties to any particular product provider or fund manager. By ensuring the fees are at the lowest level possible we will be helping clients as they will not be unnecessarily penalised, resulting in better returns.
If you are unsure of whether you are currently invested in products paying high fees or are comparing options and do not know what to do, feel free to reach out to us. We would be glad to explain everything in simple and transparent terms. We do not charge for our initial meeting, and you are not obliged to become a client.
The Spectrum IFA Group Limited is licensed to provide investment services, under the Investment Services Act, by the Malta Financial Services Authority.
By Susan Worthington
This article is published on: 17th April 2024
A big thank you to all our partners and to those that attended the recent open forum in the Hotel Linder Gold, Bendinat, Mallorca.
The Spectrum Group – Susan Worthington, Jonathan Goodman and Patricia Nadal
Prudential International – Edny van den Broek
Currencies Direct – Aldine Tomlinson, Alfonso Rey & Charlotte Park
Our open forum was the perfect format, that produced plenty of attendee interaction which lots of interesting and thought provoking questions from the audience.
We look forward to our next open forum during the coming months focusing on the financial life of an expat living in Spain.
If you would like to be notified about our next event, please contact me at susan.worthington@spectrum-ifa.com
By Jozef Spiteri
This article is published on: 16th April 2024
The information within this article is for information purposes and is not to be construed as investment advice or recommendation. Please consult with your investment advisor before making any type of investment.
At Spectrum we always keep up with the constantly evolving regulatory dynamic which has become a dominant feature of the financial services industry over recent years (decades in fact). This is of vital importance to give our clients peace of mind and to allow us to continue delivering comprehensive and fully compliant investment solutions in Malta and across Europe.
The latest measure taken to bolster our range of services was obtaining a MiFID investment license from the Malta Financial Services Authority. This was a lengthy but worthwhile exercise to ensure that our clients, throughout the EU, continue to benefit from our extensive investment experience, from initial advice recommendations through to ongoing monitoring and support.
The use of this license has not only been limited to the countries where Spectrum is physically present (Spain, France, Italy, Luxembourg, Switzerland, Portugal and Malta) but also to other European jurisdictions, meaning Spectrum is now able to reach and service a much wider audience than before.
From lump sum investments to regular savings, pensions (QROPS and SIPPs), portfolio reviews and investment management guidance, we can engage with clients and identify the most appropriate solutions for their circumstances. In fact, many expats across the EU with QROPS pensions have been left without an adviser due to recent regulatory changes requiring that a MiFID-licensed adviser is appointed. Helping people manage their QROPS is a key part of our business, so we wanted to ensure that we could continue to assist these clients, both existing clients and those who be looking for an adviser. Therefore, being MiFID compliant is not only good news for us but will also give our clientele peace of mind that we will be here for them for the long haul.
If you would like to discuss your own situation and explore options for protecting your long-term financial security, feel free to reach out to us. All initial meetings are free of charge and do not hold any obligation to proceed.
The Spectrum IFA Group Limited is licensed to provide investment services, under the Investment Services Act, by the Malta Financial Services Authority.
By Portugal team
This article is published on: 14th April 2024
Living in Portugal as an expat?
Looking for some direction in your financial and tax planning?
Lisbon area: 24th April 10am to 1pm
Palacio Hotel, Estoril
Algarve: 25th April 10am to 1pm
Magnolia Hotel, Quinta do Lago
By Barry Davys
This article is published on: 11th April 2024
It means your savings need to be organised before it happens
On 16th October 1987, the stock market in the UK fell 14%. By mid-November it was down 36%. It is for this reason you should keep reading.
The share price falls were across the board and good companies fell with the less successful. It was an arbitrary general fall in the FTSE 100 index. It seemed like a very risky time to be investing.
One of these falling shares was M & S. Yet to me it was ridiculous that M & S had been devalued by 36% when the business was in good shape and with prospects for ongoing growth.
I saw an opportunity to invest in the FTSE 100 index as I felt sure the better companies would be re-valued to reflect their sales and prospects. I knew that this was an opportunity to invest in my future, (not to try to make a quick buck).
Some of my clients also put part of their savings in the FTSE 100 index. Many did not. By August 1989 the index had recovered all of its lost ground. By 17th November 1997, it had gone up by 100% and is now 378% higher than it was in October 1987.
This is what I learned from those people who did not invest and which I now use to help people look after their savings. I now understand why those other people did not invest. The reason they didn’t is that I had not discussed, in detail, on a one to one basis, the following –
I arguably let those people down as their savings did less well than the people who did invest.
Having learned a lesson from the experience my clients now benefit from this insight.
It is important not to take too much risk, which I understand. But it is also important to take at least some risk, if your circumstances allow it.
It is important to avoid taking no risks. Indeed, I often hear people say “I want to be Cautious” or “It needs to be safe” and they have left money in the bank earning very little and certainly not keeping up with inflation.
If you think putting money in the bank is low risk, you could be right.
However, taking no risk/low risk can be the biggest risk of all and in the worst case an absolute certainty that your money will not keep up with inflation in the long term and you might not enjoy the retirement you had planned.
The risk of not keeping up with inflation, with not building up your savings, is you end up with a pot too small to provide a sustainable income in retirement. But with the right advice and the correct level of risk for you and your circumstances your sustainable income in retirement is much more likely.
Here are the things I consider when helping you judge the balance of risk versus the growth of your savings. A simple online questionnaire allows you to answer questionnaires to give you a suggested risk profile.
However, we do not leave it entirely to a computer to decide your future. I then discuss the suggested profile, answer your questions, double-check the suggested profile with you, and make any recommendations for improvement based on my 36 years of experience. A good blend of AI (artificial intelligence) and EI (experience intelligence).
What does this mean in practice and why trust me? Here is the outcome that clients get from the correct risk profile:
Here’s why you should trust yourself. Inflation will go up and down but the world’s demographic is changing. Fewer workers mean higher wages and lower state pensions. These things point to higher inflation in the future. Getting the risk balance right on your savings is not a “nice to do”, it is essential. You need to trust that, with the right support, you can improve the likelihood of healthy savings.
Do any of the following apply to your situation ?
If yes, arrange a call with me using my online system to book a time that is convenient for you.
It is an opportunity to get a better outcome from your savings, provide for your family, and help give yourself a sustainable income in retirement. Undoubtedly, you will be more relaxed too knowing that you have the right risk profile for your savings and that it is updated annually.
By Portugal team
This article is published on: 10th April 2024
Capital gains tax is charged on the sale of all property sold by a Portuguese tax resident, irrespective of where the property is located, or if it was your main residence or not. Capital gains tax is also payable by non-residents who sell property located in Portugal.
Selling your main home in Portugal
If you are a Portuguese tax resident and sell your main home in Portugal, it may come as a shock that capital gains tax is due on the sale (unless the property was purchased before 1st January 1989, in which case no capital gains tax applies).
When calculating the gain, you can deduct costs such as legal and agent fees, and if the property was held for more than 2 years you can apply inflation relief. 50% of the resulting gain is added to your other income in the tax year and taxed at scale rates of tax (13.25% to 48%, plus solidarity tax).
Despite the potential for high taxation, if the property sold was your main home, there are two reliefs you can take advantage of to reduce or eliminate your tax bill:
Any portion of the sale proceeds not reinvested will be taxed.
In order to qualify for the reliefs there are certain conditions that must be met, such as timescales and reporting to adhere to.
Reinvestment into long-term savings or a pension
The above is all well and good if you want to buy a new property valued at the same price as the property you sold, but what if you do not?
The Portuguese government introduced a relatively new relief allowing you to reinvest the proceeds, or a part of the proceeds, in a long-term savings plan or pension, rather than another property.
Again, there are certain rules in order to qualify, but this can be a particularly advantageous option for those wishing to downsize and therefore can use a combination of the reliefs, or move outside of the EU/EEA e.g. back to the UK.
Again, in order to qualify there are conditions and rules that must be met, the most important being that the reinvestment is done within 6 months of sale.
Whether a pension or a long-term savings plan is right for you will depend on your personal circumstances and the structure must qualify in order to obtain the tax relief, so it is important to take advice.
Selling a property in Portugal that is not a main home: residents and non-residents
The tax rules are the same for Portuguese tax residents (even with Non-Habitual Residency (NHR), and non-residents.
If the property sold was purchased before 1st January 1989, no capital gains tax applies.
In all other cases, 50% of the gain is taxable at scale rates of tax with no option for the main residence reliefs described above. Do note if your property has an AL licence, or recently had one, the tax rules are different.
Selling a property overseas as a Portuguese tax resident
For those with NHR, there is no tax due in Portugal during the NHR period, so this is good opportunity to sell property. Outside of NHR and for normal residents, tax is due on 50% of the gain since purchase at scale rates in Portugal. This is the case even if the property was your main home at some point in the past e.g. you sell your property in the UK that was your main home before you moved to Portugal.
Tax will also be due in the country the property is located, but if there is a Double Tax Agreement with Portugal you will not pay tax twice. You will receive a credit for the tax paid in the country the property is located to offset against the tax due in Portugal.
With over 35 years’ experience, Debrah Broadfield and Mark Quinn are Chartered Financial Planners and Tax Advisers specialising in cross-border advice for expatriates. Contact us at: +351 289 355 316 or portugal@spectrum-ifa.com.
By Richard McCreery
This article is published on: 10th April 2024
Recently announced changes to the non-domicile system in the UK could be extremely beneficial for Brits living in France.
The Chancellor of the Exchequer, Jeremy Hunt, said in his Budget speech in March that the government intends to reform the existing Inheritance Tax scheme which is based on domicile rather than residency. In legal terms, your domicile is considered to be the country to which you have the strongest ties and that is often simply due to the fact that you were born there.
Relinquishing your UK domicile is very difficult, even if you have lived outside of the country for many years. Domicile tends to be permanent, unlike residency for tax purposes which changes according to your home, your centre of interests and where you spend most of time throughout the year. The Teflon-like nature of domicile means that the UK can still apply its 40% rate of Inheritance Tax to your estate when you die and, at the same time, all your worldwide assets can fall into the scope of French inheritance tax if you live full-time in France.
However, from April 2025 this situation should change so that British expats in France will no longer be taxed in both countries if they have lived abroad for more than 10 years and they have no assets in the UK. The detail is not yet set in stone, but this is our current understanding of how the new rules will work. The changes might encourage some people to consider moving assets out of the UK in order to avoid any liability there, and the government knows this, so we’ll have to see the finalised details before we can judge how beneficial the changes really are. The prospect of a new party in government following this year’s general election also adds a further element of uncertainty about what the rules will eventually look like.
France also applies Inheritance Tax at rates that can be quite punishing in some circumstances. Beneficiaries can inherit a defined amount of money tax free, depending on their relationship to the deceased, but these allowances can be swallowed up quite quickly, especially where a property is included in the estate. Fortunately, France does provide residents with some very attractive ways to reduce any such tax bill and with the right advice an ordinary family can shelter hundreds of thousands of Euros from Inheritance Tax.
If you would like to discuss your family’s estate planning, or any other financial issues that are important to you, please get in touch to arrange a no-obligation meeting or conversation.
By Gareth Horsfall
This article is published on: 8th April 2024
I hope you had a good Easter and didn’t eat too much. I took a break with the family to go and visit some friends in a Hotel on Lago di Garda during the Easter period. We had a great time even though it rained every day that we were there. That being said I got to see a few nice towns and learn a few new things.
We stayed just outside Bardolino, but also visited briefly Lasize. Lasize, I discovered, was the first comune in Italy. Apparently the King of Lasize in 983 a.c decided to concede the management of the town to the local civil authority, an interesting fact, I thought. We also visited Sirmione, which I know of because of the vials of sulphuric water which we used to put in a nebulizer for my son when he was a baby to clear his airways during the period of the winter cold.
Lastly, we visited a place called the Vittoriale degli Italiani, just outside the town of Salò. (https://www.vittoriale.it/). Salò was the last fascist town in the whole of Italy and the Vittoriale appears to be a tribute to that fact. It was, also, the home of the poet and soldier Gabriele D’Annunzio and a tribute to his heroism during World War I.
I can say that I am not a big fan of fascism, but it was very interesting to visit and certainly an unexpected and eye opening trip down Italy’s recent past. All of this whilst I started the book ‘The General and his Labyrinth’ by Gabriel Garcia Marquez, about Simòn Bolivar and reflections on the end of his life after the liberation of South America from the Spanish.(I think I may need another holiday after all these cultural learnings!)
Anyway, talking of fascism, it leads me nicely onto the subject of today’s E.zine: Tax and tax deductions!
I am not sure if tax authorities can be considered as fascist but certainly they fit the description in many ways:
‘An ideology and movement, centralized autocracy, militarism, forcible suppression of opposition, belief in a natural social hierarchy’
Joking aside, they do tend to operate with an iron fist and as I have mentioned on many occasions it is imperative that incomes and assets etc are declared properly and within the right time. That being said, in Italy we do get the possibility to utilise the system of detracting and deductions from income which can sometimes help to reduce our overall tax burden each year.
In this E-zine I will summarise the main ones (please be mindful of the fact that there are specific details related to each category and so I would recommend you check the link to the CAF at the bottom of the email if you are interested in any specific area).
Also please note that if you are on a forfettario tax regime in Italy, ie. 100K flat tax, 7% pensionato or partita IVA forfettario etc, then it will NOT be possible to deduct any of these expenses from your income!
But without further ado, here is the list of deductions which you might be interested in:
Medical expenses of any type: (generic, specialists, surgical, pharmacy, etc) can deduct at 19% of the total annual cost which exceeds the excess/deductible of €129,11. You need to add all your expenses together and deduct the €129,11, 19% of the final amount can be used against tax; if the cumulative amounts do not exceed the €129,11 then no deduction is allowed.
In the expenses calculation you may also include those which have been reimbursed by insurances (personal or corporate).
If your annual expenses exceed €15493,71 it is possible to spread the deduction over 4 years in equal parts.
(The deduction system, without limit of the amount over €129,11 would apply for anyone with special assistance needs e.g. car accident victim).
(Expenses of family members who are ‘a carico’ also qualify).
To use the deductions system, you must be in possession of the relevant documentation that certifies the expenditure i.e. invoice, receipt, quietanza etc. Your receipt should always show the nature of the medicine / treatment and include your codice fiscale.
***When you buy something at the farmacia with your tessera sanitaria, and it is a qualified medicine, then it is automatically registered with the Agenzia delle Entrate. This does not mean that you no longer need the ‘scontrini’. Your commercialista is required to ask for the evidence of purchase to match up with the payments received by the AdE***
Mortgage Interest relief:
For a mortgage on a ‘prima casa’, 19% of the annual mortgage interest and relevant charges, up to a maximum of €4000, can be used as a deduction. Prima casa is defined as the house where you or your family permanently reside. The individual using the detraction needs to be both the ‘intestatario del mutuo’ and owner of the property.
19% on the costs of the real estate agent when buying a prima casa (or rights linked to real estate such as ‘usofrutto’): for an expense of no more than €1000. i.e. max detraction €190, the expense must have been paid by the person requesting the detraction and confirmed as such in the contract of purchase.
Insurance premiums:
19% on the total costs of insurance policies ( Italian and overseas), as detailed below:
Schooling (non university):
Nursery, primary or secondary school (private or public school) a maximum of €800 expenditure on which the 19% will be calculated i.e. max amount detraction €152 pa.
Private university education costs:
| Nord | Centro | Sud e Isole | |
| Area Medica | €3,900 | €3,100 | €2,900 |
| Area Sanitaria | €3,900 | €2,900 | €2,700 |
| Area Umanistico-Sociale | €3,700 | €2,900 | €2,600 |
| Area Tecnico-Scientifica | €3,200 | €2,800 | €2,500 |
There are other conditions, such as how close the family home is to the university which the student is attending, so it’s worth checking out the rules. The above table gives a rough idea of the kind of amounts that can be deducted depending on where the university is located in Italy.
Funeral expenses:
19% of maximum annual expenditure €1550 i.e. (maximum detraction of €294.50).
The invoice needs to be in the name of the person making the payment and paid via traceable means (not cash). Equally the name on the invoice must have a direct family relationship to the deceased.
Sporting activities for children aged between 5 and 18 years old:
19% on a maximum spend of €210pa i.e.€40 detraction .
Veterinary bills:
19% on annual expenditure between €129,11 and €387,84 i.e €49 – 19% of €258pa.
The deduction is for the person listed on the fattura and does not have to be the owner of the animal, therefore, for a couple it makes sense that you both pay at least once if you have significant veterinary bills for the year.
Cost of rent (based on income):
a maximum of €300 if your income is below €15493,71 and €150 if your income is between €15493,71 and €30987,41.
There are differences for those who are renting from an organisation rather than private individual, under 35’s, people who transfer their residence to another comune more than 100kms from their current home and also students who study at a university away from comune of residence. Check details with your commercialista if you think they might apply to you.
Costs of public transport:
as of the 1st Jan 2018 it is possible to detract 19% of the costs of an ‘abbonamento’ for local, regional and interregional public transport, up to a maximum spend of €250. This limit also applies to the family, if there are more than 1 ‘abbonamenti’ but cumulatively no more than €250 in total.
Bonus for construction work on your home:
I won’t go into detail here as the terms seems to change regularly. However, you can obtain details by doing a google search or speaking with a geometra /architetto etc…
Bonus ristrutturazione: 50% on a maximum spend of €96000 deductible from income over 10 years.
Bonus risparmio energetico: 65% deductible from income over 10 years depending on the type of work you are doing
Sismabonus: 50% on maximum spend of €96000 deductible over 5 years if you live in seismic area
Superbonus: see link below for details:
If you think you might be eligible for any of the bonuses named above, please check the details and do sufficient research or take professional advice before starting work to ensure that you are eligible for the deductions.
Pension deduction:
you can deduct from total income the contributions you make to a personal pension plan (previdenza complementare), in any calendar year, up to a maximum of €5164.57.
These are the main ones which apply to most people, if you want the full list then you can refer to the CAF website (from where I took the details) as it provides a good resource. The link is HERE
It would appear as though my timing was off slightly regarding my last E-zine, specifically in relation to the payment of the €2000 voluntary contribution to the Italian healthcare system. Two people contacted me to say that the UK Embassy website updated their website about 12 hours before my E-zine was released which I had not yet seen. The text was as follows:
As is often the case with communications of this sort it often throws up more questions than answers and so I will wait for further clarification on the issue, but at the very least, I think it can be assumed that any Brit registered in Italy before 1st January 2021 will not be paying any more than they were before for access to the health service in Italy.
April 12th at 13.00
Ristorante Amedeo – nr Roma Termini
⬅️ Click on the logo below for full details.
The lunch is open to anyone, and is more about connecting people than just ‘touting for business’. People from all walks of life come along, from UN retirees, yoga teachers, online networkers, lawyers, real estate agents, English teachers, and people who just want to connect and make friends. So, if you are in Rome and would like to come along then please do so. Just please give us a few advance days notice so we can book you a place.
If you have any questions about any of these issues and how they apply to you and your financial situation, or if you think that you might be paying more tax than need to then do get in touch and I will be happy to see if I can help you with your plans.
I can be contacted on email: gareth.horsfall@spectrum-ifa.com or on cell: +39 333 6492356
