Search found 261 matches

by Paddy Pumpkin
Sat Sep 07, 2019 4:46 pm
Forum: Living in Andalucia
Topic: Overseas Bank Transfer withheld due to incorrect name
Replies: 4
Views: 149

Re: Overseas Bank Transfer withheld due to incorrect name

I had a transfer held up coming in from Germany to the UK. The money went from Germany to a holding bank in the UK who did the relevant checks and released the funds to my bank 48 hours later. The holding bank was Santander who neither my client or me bank with. Then Santander bank in the UK who he...
by Paddy Pumpkin
Sat Sep 07, 2019 4:39 pm
Forum: Living in Andalucia
Topic: Overseas Bank Transfer withheld due to incorrect name
Replies: 4
Views: 149

Re: Overseas Bank Transfer withheld due to incorrect name

I was expecting Euros in my Spanish Bank from overseas on Tuesday 3rd Sept 2019, should have been Monday. It was a Holiday in USA. I checked my Account on Tuesday, Wednesday and today before 09:30am. The Funds were not there yet. I had to make a special trip to La Caixa Bank in Estepona. On enquiri...
by Paddy Pumpkin
Sat Sep 07, 2019 12:46 pm
Forum: Living in Andalucia
Topic: Overseas Bank Transfer withheld due to incorrect name
Replies: 4
Views: 149

Re: Overseas Bank Transfer withheld due to incorrect name

Basically the anti money laundering rules give the banks free reign to hold your funds until they are satisfied all is in order. They are all now scared **** so are super cautious. I have held funds held several times and had various requests for documents. The worst being bank statements from 7 yea...
by Paddy Pumpkin
Sat Aug 24, 2019 6:37 pm
Forum: Computers, Internet, Telephony, TV & Electronics
Topic: Spansh league on ITV4
Replies: 5
Views: 320

Re: Spansh league on ITV4

Confirmed LaLiga Santander broadcast schedule on ITV4:

Matchday 1 Friday 16th August -Athletic Club vs. FC Barcelona – 8pm BST

Matchday 2 Sunday 25th August - FC Barcelona vs. Real Betis – 8pm BST

Matchday 3 Sunday 1st September - Villarreal CF vs. Real Madrid – 8pm BST
by Paddy Pumpkin
Sat Aug 24, 2019 6:33 pm
Forum: Living in Andalucia
Topic: Financial Advisors...Again.
Replies: 28
Views: 1974

Re: Financial Advisors...Again.

I've had the same company in the U.K. for financial advice for over 20 years and have done very nicely. I'm always happy to tell someone that I stop short of a recommendation in the same way I would not recommend my Dentist! In a very similar vein...I have activey managed money as my profession for...
by Paddy Pumpkin
Thu Aug 22, 2019 2:54 pm
Forum: Living in Andalucia
Topic: Financial Advisors...Again.
Replies: 28
Views: 1974

Re: Financial Advisors...Again.

That's not the point of my, admittedly sad post Paddy, unfortunately I had one glass too many when I posted !! My point is that most financial advisors are not willing to put their money where their mouth is. As a matter of interest my wife's cousin has been taking care of a small amount of my mone...
by Paddy Pumpkin
Wed Aug 21, 2019 8:57 pm
Forum: Living in Andalucia
Topic: Financial Advisors...Again.
Replies: 28
Views: 1974

Re: Financial Advisors...Again.

Manchesteral wrote:Re Paddy Pumpkins pitiful postulatation that people don't want to pay for advice, I would say that the only advice I would pay for is good advice !!


This guy gave you good advice....he is right nobody can guarantee you a 5% return. So give him a call and pay him for his good advice,
by Paddy Pumpkin
Fri Aug 16, 2019 12:40 pm
Forum: You & the Law in Spain
Topic: Retaining residency while outside of spain
Replies: 18
Views: 1557

Re: Retaining residency while outside of spain

At the risk of dwelling on a point. The idea is not to give up Spanish residency but to become dual resident. https://www.gov.uk/government/publications/dual-residents-hs302-self-assessment-helpsheet/hs302-dual-residents-2019 Below is how the Spain/UK DTA defines what to do in the event that you are...
by Paddy Pumpkin
Wed Aug 14, 2019 6:55 pm
Forum: You & the Law in Spain
Topic: Retaining residency while outside of spain
Replies: 18
Views: 1557

Re: Retaining residency while outside of spain

If we sell the property we will still be well below the wealth tax threshold. We own two houses but both are tiny and not worth that much. In the future, as we begin to receive more pension income, we will not need the rental income and the money may be spent on a second home for us somewhere, or j...
by Paddy Pumpkin
Wed Aug 14, 2019 3:38 pm
Forum: You & the Law in Spain
Topic: Retaining residency while outside of spain
Replies: 18
Views: 1557

Re: Retaining residency while outside of spain

That's an interesting question elusive as we are in the same position. The UK house is rented to a wonderful couple who look after it so well that at the moment we have no plans to give them notice and they have indicated that it is a long term home for them. However, should they give us notice the...
by Paddy Pumpkin
Wed Aug 14, 2019 3:30 pm
Forum: You & the Law in Spain
Topic: Retaining residency while outside of spain
Replies: 18
Views: 1557

Re: Retaining residency while outside of spain

Thanks for your info paddy. Interms of capital gains I'm thinking about the tax in spain rather than the uk side. As CGT in spain would be huge and make it impossible to sell while a spanish tax resident. And therefore impossible to buy in spain and get away from renting. We do currently rent out o...
by Paddy Pumpkin
Tue Aug 13, 2019 9:25 am
Forum: You & the Law in Spain
Topic: Retaining residency while outside of spain
Replies: 18
Views: 1557

Re: Retaining residency while outside of spain

Whilst not answering your query. Here are a couple of thing to consider Principal private residence relief in the UK is only fully available if you have continuously lived in the house and never rented it out. So you won't get the full relief. But I think gains since 2015 are the only part taxable.....
by Paddy Pumpkin
Sat Aug 10, 2019 4:15 pm
Forum: Living in Andalucia
Topic: Financial Advisors...Again.
Replies: 28
Views: 1974

Re: Financial Advisors...Again.

I find that people are not willing to pay for advice they want it for free. Hence the only way the adviser can make money is through commission....which leads them to give the wrong advice. Until people view financial advice in the same way they would a doctor and pay for their service then nothing ...
by Paddy Pumpkin
Mon Aug 05, 2019 2:26 pm
Forum: Travel, Tourism & Destinations
Topic: dinero
Replies: 22
Views: 2273

Re: dinero

hmm was worth a try though! so really for cash from these guys you would end up paying the interest rate of a cash advance. Also you are blind on the rate they use until after the transaction is done. In that case I will stick with Revolut. Cash and purcahses are done at the spot market rate without...
by Paddy Pumpkin
Sun Aug 04, 2019 2:42 pm
Forum: Travel, Tourism & Destinations
Topic: dinero
Replies: 22
Views: 2273

Re: dinero

Thanks Parilla If I got the card is there any way to exchange money at these rates....i.e can I lodge 10k GBP to the card and somehow send EUR out to my Spanish bank account with the money exchanged to EUR and the mastercard rate? Or is this simply the rate they use when I pay the bill in the restau...
by Paddy Pumpkin
Wed Jul 31, 2019 6:45 pm
Forum: Travel, Tourism & Destinations
Topic: dinero
Replies: 22
Views: 2273

Re: dinero

what credit card do you use?
by Paddy Pumpkin
Wed Jul 31, 2019 8:25 am
Forum: Travel, Tourism & Destinations
Topic: dinero
Replies: 22
Views: 2273

Re: dinero

Your bank may or may not use Mastercard foreign exchange rates to bill you and may impose additional fees in connection with foreign currency transactions. Foreign exchange rates are specific to the date and time Mastercard processes the transaction which may be different from the transaction date. ...
by Paddy Pumpkin
Tue Jul 30, 2019 6:08 pm
Forum: Travel, Tourism & Destinations
Topic: dinero
Replies: 22
Views: 2273

Re: dinero

I know I sound like an advert for these guys but Revolut cannot be beaten. The interbank rate (the rate Barclays buy 10 million from Goldman Sachs) is 1.0906 now. Revolut rate 1.0906. As regards where it will go next....don't even try to second guess it. Leave that to the professionals because by th...
by Paddy Pumpkin
Mon Jul 29, 2019 8:36 pm
Forum: Living in Andalucia
Topic: El Corte Ingláis (Granada) Parking
Replies: 6
Views: 689

Re: El Corte Ingláis (Granada) Parking

There is an underground car park below the store that you have to pay for. The only way to get free parking is if you have an elcorte ingles store card. Sometimes you can play dumb atcustomer services and they will validate your card for free parking if you ha bought a lot of stuff in the department...
by Paddy Pumpkin
Fri Jul 26, 2019 4:50 pm
Forum: Travel, Tourism & Destinations
Topic: dinero
Replies: 22
Views: 2273

Re: dinero

A friend of mine is travelling from Spain to UK and wants to buy a couple of grand cash as his son is buying cash item on ebay and he wants to pay for same. Because like me he hates crazy bank fees, is there any exchange places in general Malaga area just to swap cash. Many thanks... Can you pay in...

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