Student exchange

Hoping to attract foreign students.

TAD, a historical demand of the residents of the rural districts is being met.

“The government led by Luis Barcala fulfils the commitment made to the residents of the rural districts of Alicante and will become a reality after the end of the trial period.

“This service is aimed at the entire population, whether or not they live in the city of Alicante,” the councillor added.

FORMING an alliance with the University of Alicante and the Miguel Hernandez University of Elche, Alicante is hoping to attract foreign students who want to come to the province to complete their university education or to improve their language skills.

The current data indicate that the movement of foreign students in the province of Alicante goes beyond the reception of Erasmus students, which was limited to the European sphere. It is now easy to find students from all over the world.

The province has around 8,000 language students and another 3,000 university students of foreign origin, generating an estimated €30 million for the Alicante Province.

These alliances are not only opening doors for students from other countries to come and study, but are also making it easier for students from Alicante to leave the country to complete their university education abroad.

In the two university campuses, there is a very varied representation of nationalities from different countries, but in the latest campaign to attract foreign students, Alicante City Council had the US market in their sights by signing agreements with universities in California.

Spain continues to be a favourite destination for retired British expatriates and the lifestyle is very conducive to a healthy, happy retirement. Of course, like any country, there are some drawbacks and a key concern for many people is the local tax regime.

It is important to understand how being Spanish resident affects your tax position. Once you meet any of the criteria that make you tax resident here (you spend 183+ days in Spain, or your centre of economic or vital interests is here), you are liable for Spanish tax on your worldwide income, gains and wealth, and subject to the Spanish succession and gift tax regime.

Besides the income and capital gains taxes, Spain additionally imposes an annual wealth tax which generally affects individuals with net worldwide assets over €1,000,000.

We often come across people who would love to live in Spain but are too worried about how much tax they’ll pay to make the move. They are limited to spending short periods in their Spanish holiday home instead –which post Brexit is more of a minefield with the EU’s 90-day rule.

But you do not necessarily need to fear taxation in Spain – some people even find they improve their tax situation. While tax rates can look high,