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Pound-euro exchange rate recovering, as markets bet on Brexit breakthrough

SPECULATION over Brexit continued to drive pound volatility, with officials struggling to make progress towards a final deal, just weeks before the deadline. As February’s US labour market data significantly undershot expectations, with just 20,000 new jobs added to the economy, this helped to shore up the GBP/USD exchange rate. The increasingly dovish outlook of […]

Do you know where you are domiciled?

FOR British expatriates, understanding domicile is an important element of estate planning. It is domicile, not residence, that determines your liability for UK inheritance tax. Domicile is a complex, and incredibly adhesive, UK, common-law concept. The basic rule is that a person is domiciled in the country in which they have their permanent home, regarded […]

Three reasons to buy life insurance

A proven product that everyone should protect themselves with LIFE insurance is a necessary purchase that has the benefit of giving you and your family peace of mind. There are many different types of cover that can be tailored to suit your needs and lifestyle. Life insurance not only provides financial protection in the event […]

Pound avoids losses on Brexit-delay rumours

A FRESH batch of Brexit rumours and speculation are helping the pound to hold near its recent highs, this week so far, meaning sterling could end February near its best levels, all month. Weak, Eurozone data has made it easier for GBP/EUR to hold above the level of €1.15, with EUR/GBP floundering in the region […]

De Cotta Law – new office inauguration

DE Cotta Law, the firm of English and Spanish Lawyers, with offices in the Canary Islands and mainland Spain, are inaugurating their new office in Costa Adeje, on Thursday, 14th March 2019, from 1.30 pm onwards. The new office is located at Centro Comercial Terranova, Locales 312-313, Avenida de España, Costa Adeje, in front of […]

Spain-UK double tax treaty

IN general, double tax treaties, signed between countries, are designed to determine the taxation rights of the different income and gains, when there is a conflict (i.e. when assets are located in one country and the individual is resident in another, or when someone is considered resident for tax purposes in two different countries, due […]

Renewed risks of no-deal Brexit weakens sterling

AFTER soaring at the start of the year, the pound found itself in reverse gear, over the past couple of weeks, on the back of renewed Brexit uncertainty. This has seen GBP/EUR retreat from a 19-month high of  €1.15 to €1.14, allowing EUR/GBP to rebound from £0.86 to £0.87. Meanwhile, GBP/USD has tumbled from $1.32 […]

The Patriots’ Complex Dynasty

As you’re no doubt aware by now, the New England Patriots just won another Super Bowl, breaking several NFL playoff records in the process and further cementing themselves as one of the great American sports dynasties. There really aren’t any more questions to ask about their elite level throughout the 21st century so far. Tom […]

Pension options in Spain

PENSIONS are often the key to long-term financial security, so take extreme care when deciding what to do here. Expats have the added complication of factoring in the tax rules of two countries, as well as Brexit’s potential to limit the range of opportunities. So what are today’s options for Britons living in Spain? “Defined […]

Brexit optimism propels the pound to multi-month highs

THE pound is roaring ahead so far, this year, with Brexit news helping to propel sterling to new multi-month highs, over the past couple of weeks. This has seen GBP/EUR strike a 19-month high, as the pairing rose from €1.11 to €1.15, while EUR/GBP has fallen from £0.89 to £0.86. Meanwhile, GBP/USD has climbed from […]

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