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Spain: Does the sun attract unforeseen tax consequences? New obstacles to tax-neutral insurance portability within the EU

08/31/2013
Professional articles

It is a well-known fact that thousands of European citizens -British, German, Danish, Swedish, among others- choose Spain as their retirement destination, attracted by our weather and the quality of our medical services, after a long working life during which they have managed to amass the savings needed to do so. In many cases, these savings take the form of life insurance/bonds, pension plans and similar products.

 

Jorge Moreira Peláez
Tax International Review

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