Financial Advice Issues for Expats in Spain
Blacktower is a company that has specialised in providing the best solutions for its clients living outside the UK since 1986.

Areas that always need discussing are:
Currency issues and which currency to invest in.
What will happen if one partner dies? Will the other remain in Spain? What about other family members?
What Inheritance tax provisions do you have in place?
Healthcare provisions and how will Brexit impact your finances?

The list goes on and on.

Existing investments that were the mainstay of portfolios in the UK may now be obsolete. An example of this is quite often tax-efficient products in the UK like ISA’s and previously held TESSA’s PEP’s have low growth rates and provide no tax advantage to a Spanish fiscal resident.

Existing Pension holdings either paid by the state, or private pensions built up through working lifetimes, are topics that must be covered. Many expats have lots of small pensions from many ex-employers and can be confused by the communications and administration in dealing with them. At Blacktower we specialise in advising on how to consolidate and bring all these pensions together in one place.

Bank accounts and investments in Spain always bring up lots of questions. Quite often the small print associated with financial products in Spain is in Spanish. This can make it very difficult, even if you have a good grasp of the language. Understanding Jargon in English is sometimes difficult enough. I provide clear, easy to understand letters and documents in English, so that you fully understand any terms and conditions before making a decision.
Advice on tax efficiency is just as important and offering good returns.

There are products available exclusively for Spanish expats that can provide invaluable benefits. Having a good base knowledge of the tax implications both now and in the future is an essential ingredient to making a sound decision.

In today’s financial climate it is essential you do everything you can to make sure your money is safe and secure and what you want to transpire in the future has the best chance of happening.

The local Blacktower office address:
120 Avenida Dr. Artero Guirao 2C
San Pedro Del Pinatar
30740, Murcia

Our office suite is easy to find on the main N332 through road of San Pedro del Pinatar with easy parking. If you want more information or wish to make an appointment to discuss your own situation then call 657 684 094 or email 

This document does not constitute an offer or a solicitation of an offer to buy or sell any products or services or investment advice. The information in the document is descriptive of Blacktower Financial Management (International) Limited as a whole and the services and products described may not be suitable for you.

You should seek the advice of independent financial adviser prior to taking any investment decision on the basis of any information contained herein and no information herein constitutes general or specific investment, legal, tax or accounting advice of any kind.
Blacktower Financial Management (International) Limited is licensed by the Gibraltar Financial Services Commission. Licence 00805B. Blacktower Financial Management Limited is authorised and regulated by the Financial Conduct Authority in the UK and is registered with both the DGS and CNMV in Spain.