As a result of globalisation, many individuals have moved from their home country to work in other jurisdictions. This is a very common issue for British and Spanish individuals, two countries with strong economic ties. However, these individuals can often face unexpected legal and tax issues derived from their cross-border status and wealth.
The Spanish Chamber of Commerce in UK is thrilled to once again be teaming up with our benefactor Buckles Solicitors and member ZADAL to hold another informative session covering the common legal and tax issues that arise for individuals that have relocated between the UK and Spain.
In particular, the session will cover:
Legal Issues
Relocating from Spain to the UK – Financial implications in the event of a divorce:
· Marriage contracts vs pre/postnuptial agreements.
· Powers of the English courts.
· Distribution of assets under English law upon divorce.
Key points for the Succession of Spanish nationals with assets in the UK:
· One or multiple wills.
· Domicile and UK Inheritance Tax (IHT).
· Brief remarks on mental incapacity for Spanish nationals living in England & Wales.
Tax Issues
· Tax residency in Spain: Criteria to determine tax residency and main implications.
· Pensions: Taxes in Spain.
· The new “Beckham Law”.
· Gift and inheritance tax: How are cross border inheritances taxed in Spain?
· Tax treatment in Spain for trusts: Latest rulings issued by the Spanish Tax Authorities.
· Real estate properties: UK vs EU owners.
Date & Time: Wednesday 24th May, 18:00 – 20:00 BST
Location: The 36 Group | 4 Field Court – Grays Inn | London WC1R 5EF
This event is free for members of the Spanish Chamber.
About the speakers:
Paula Piquer Ruiz Paula is an Associate Solicitor and Spanish Abogado at Buckles Solicitors. She has been practicing in London since 2009 specialising in international family law matters, in issues surrounding divorce, finances, children, asset protection, recognition and enforcement of foreign orders, and disputes concerning choice of forum and jurisdiction. Her dual qualification also allows her to advise on Spanish and Catalan family law. Her experience in handing cases involving international aspects is highly valued both as a litigator and as an expert providing reports and affidavits of law in both English and Spanish law.
Álvaro Aznar Azcarate is a dual qualified English Solicitor and Spanish Abogado with over a decade’s experience in cross border private client law acting for High-Net-Worth individuals and charities in the planning and administration of complex international estates. He is especially skilled in resolving multi-jurisdictional conflicts where civil law and common law systems collide. He is a popular speaker and author on cross border private client law by organisations including The Society of Trusts and Estate Practitioners (STEP), The Law Society of England and Wales Private Client Section, The Law Society of Scotland and Wolters Kluwer (Spain).
Constantino Vidal has an extensive professional career in corporate tax advice, mergers and acquisitions, cross-border transactions, restructuring, private banking and wealth management; both nationally and internationally. Constantino started his career at Garrigues before moving to the Financial Taxation area at Cuatrecasas and was Head of Tax at Ecija. He is a member of the Madrid Bar Association and of the Association of Economists of A Coruña, and professor and lecturer at different educational institutions and business schools.
Carlos Saldaña is a member of the Madrid Bar Association and has over 10 years’ experience in providing tax advice on mergers acquisitions, group restructurings, along with tax implications for real estate transactions. During his career he has provided advice regarding tax structures for both national and international clients. Additionally, Carlos is specialised in providing tax advice to Private Clients. Previous to joining ZADAL, he was a senior associate in Ecija’s tax team and has also worked for Roca Junyent and PwC.