Group items tagged

Financial and Legal (financial planning for expats at Barcelona, life insurance, banking, etc) Best for Expatriates in Spain As an expat, your circumstances are likely to change more often than if you were in your home country. Clear financial advice and planning means that expatriate life is without worry and that your future is taken care of. Financial planning requirements vary from country to country and expatriates living in Spain may need to allocate their investments in a different way. These are the elements that make expatriate financial planning different. Currency One of the first financial steps when relocating abroad may involve exchanging currency to that of the new country. It is important to search around for the best deal at both banks and specialist currency dealers. If an income is received from another country in another currency, it will need to be exchanged into the currency of new country. The impact of a regular currency conversion can leave a person exposed. Currencies move quickly and often; it may be necessary to "forward book" some of the currency exchanging to fix the rate of exchange. When it comes to arranging savings and investments, different currencies also need to be taken into consideration. In principle, if the investments are generating income used to live on, they should be in the same currency as the expenditure. EMERGENCY CASH FUND Regardless of the country of residence, an amount of cash should be instantly available for emergencies. In the case of expatriates, this fund needs to be higher because inevitably additional trips back home are required (for example, trips to see ailing and infirm relatives). The amount required depends on individual circumstances and a financial adviser takes this into account when financial planning. BANK ACCOUNTS Expatriates need a bank account in more than one country; a local bank account is required in the local currency. It is also often necessary to retain a bank account fo

MADRID - The Web site of the Spanish royal family features pictures of the king, Juan Carlos I, in a blue sash, his bejeweled wife, Queen Sofía, and the couple's three glamorous children. But most of the photographs of the dashing Duke of Palma, the king's son-in-law, were scrubbed from the site last month. A street in Palma, Majorca, named for the Duke of Palma, the king's son-in-law, is going back to its original name. The duke's official biography was also banished from the site. And for more than a year, the royal family has barred the duke, a former Olympic handball player named Iñaki Urdangarin, from attending official family functions. With a multitude of graft cases undermining Spaniards' faith in just about every institution of government, an intensifying investigation aimed at Mr. Urdangarin has placed the palace under siege as well, and left the nation's aging monarch and his aides struggling to quell the crisis. Mr. Urdangarin, 45, who is married to the king's youngest daughter, Cristina, 47, is scheduled to testify on Saturday before an investigating judge over allegations that he embezzled millions of euros after leveraging his blue-blood connections to gain inflated, no-bid contracts from regional politicians for his nonprofit sports foundation, Instituto Nóos. The royal family has tried mightily to distance itself from the investigation. Officially, the palace has insisted that the king knew nothing about the foundation activities of Mr. Urdangarin, who has pledged to prove his innocence. It publicly maintains that Juan Carlos ordered his son-in-law to abandon the troubled foundation in 2006, a year before dubious financial dealings surfaced. Video: http://www.youtube.com/watch?v=XA2SYulxVIc Group: http://tylergrouphome.blogspot.com/

This is simply ingenious. Now why didn't anybody think of this before.

http://www.scribd.com/doc/130978307/Tyler-Group-Barcelona-News-Articles Tyler Group Barcelona News Articles Spanias 10-års obligasjoner falt for den første uken i fem som noen investorer dømmes gevinster som presset gir minst i mer enn to år var overdreven midt bekymring økonomien vil kampen for å vokse. Spanias 10-års avkastning klatret etter rapporter viste retail sales gled i januar av mest på posten og offentlig sektor gjeld steg 20 prosent i fjor. Tyske bunds fikk etter vedtok EU-lederne på 14 mars "strukturelle" budsjettmessige vurderinger, ved hjelp av kode for å gi land som Frankrike, Spania og Portugal ekstra tid for å få ned underskudd. Italias obligasjoner var lite endret. "Utfordringer i Spania er fortsatt i form av underskuddet, utsiktene for økonomisk vekst er ikke så positivt og den høye arbeidsledigheten," sa Alessandro Giansanti, senior priser strateg på ING Groep NV i Amsterdam. "Vi kan ikke si at Spania vil lett kople fra Italia. Rally har vært veldig sterk, spesielt outperformance versus Italia. " Spanias 10-års avkastning klatret 16 basispunkter, eller 0,16 prosentpoeng i uken til 4,92 prosent per 4:39 PM London-tid i går etter å ha falt til 4.70 prosent på 12 mars, minst siden november 22, 2010. 5,4 Prosent obligasjonen grunn januar 2023 falt 1.27, eller 12.70 euro per 1000 euro ansiktet beløp, til 103.66. Ekstra gi at investorer etterspørselen å holde spansk 10 - års obligasjoner i stedet for lignende modenhet tyske bunds utvidet 23 basispunkter til 347 basis punkter. Såkalte spredningen snevret til 320 basispunkter 12 mars, minst siden 21 mars 2012. Tysklands 10-års avkastning falt syv basispunkter til 1.45 prosent. Tyler Group Barcelona News Articles Source: http://www.bloomberg.com/news/2013-03-16/spanish-bonds-decline-as-advance-is-judged-excessive-bunds-gain.html See more: https://foursquare.com/p/the-tyler-group/37659577 http://groups.skyrock.com/group/ajmr-The-Tyler-Group-Barcelona/article-521486

When Spain's housing market collapsed in 2008, no region felt it more keenly than Andalusia. While today the unemployment rate in Spain remains the second highest in the European Union, hovering near a record 27.2 percent, the southern autonomous region of Andalusia is even worse off: unemployment rates in its provinces range from 36 percent in Malaga to 40 percent in Cadiz. As a result, the government of Andalusia - one of only two autonomous regions in Spain not governed by the Popular Party - is walking a fine line these days, caught between central government's austerity measures which are affecting them more acutely than the rest of the country, and pressure from their constituents to break with Madrid and mitigate the effects of tax hikes and spending cuts that are squeezing the regional economy to the breaking point. Recommended: Join Us: http://www.linkedin.com/company/the-tyler-group-inc- Boom to bust A mere six years ago, the Andalusian economy - which depends heavily on construction, about 10 percent more than the rest of the country - was booming. Tourists were buying up existing homes in the area and building new ones, transforming quaint seaside villages into sprawling urban areas. New construction was in demand and coupled with the influx of foreign capital, construction costs soared. "Before 2008, people here were making so much money on new construction that they were doing things they'd never done before, like buying fancy, new cars and paying 250 euros [$330] for a meal at a restaurant," says Joaquin Ruiz Lagares, a small business owner from Malaga. "It was crazy, we were living like Americans." Keep in touch Follow Us: https://foursquare.com/p/the-tyler-group/37659577 The construction boom was accompanied by a rise in rental costs, prompting many Spanish residents to opt for mortgages that offered lower monthly payments - and left them vulnerable when the debt crisis hit. Like many in Spain, Andalusians blame the P