Far too many people come to Spain, to buy a property as a holiday home or an investment, and make dangerous ‘assumptions’ that life here is similar or the same as their own native homeland! Those assumptions can be dangerous, especially from a fiscal perspective.
For example, let’s take Life Assurance. Many visitors have this type of protection policy, but how many actually check the small print to see if the policy actually pays out if death occurs outside of the country of issue? Had you thought of that?
The reality is that few people do; they ‘assume; that the provider will pay up, but that is not always the case!
Then we come to other protection types such as Private Medical Insurance. Again, people ‘assume’ that as a tax payer in the home country, and a part of the EU perhaps, the Social Security system in Spain will help and support them. This is simply wrong!
You NEED advice from experts who can check your current arrangements, identify any risk and provide a solution at cost-effective rates!
- Life Assurance
- Private Medical Insurance
- Critical Health Insurance