News
May we need permits to live in Europe after Brexit?
Home Office sources has said that “new” expats will need VISA for a long term residence in Europe after Brexit. The changes, which will form part of the Brexit negotiations, would mean British pensioners who want to retire to Spain or Italy would have to apply for a residency permit and could be forced to prove their income in order to settle. People who already live abroad are unlikely to be affected by the changes under reciprocal agreements expected to be signed when the UK leaves the union. What do you think about Brexit?
Autumn Fair market in Porreres
Days 29 to 31 October celebrates the Autumn Fair Porreres with a set of commercial, cultural and recreational activities that will make you look very favorably on the program of activities for this year, which extends 27th November. A fair year after year, has become one of the most popular and visited Mallorca. Because it tells the mayor of Porreres, Francisca Mora Veny, the program this year: “Neighbours and neighboring towns Porreres bite visit, walk through our careers and come to know the companies and organizations that exhibit and the great quantity and quality of products we can offer. ” Thus, the Autumn Fair Porreres is just a sample of the business, commercial and craft of the municipality. It is a festive day when the town is full of craft stalls, animals, farm machi...
Mallorca Film Festival ready to roll.
As previously reported, the Evolution! Mallorca International Film Festival will be held from 3 to 12 November and its gala opening will feature Danny DeVito, who will be receiving the Evolution Honorary Award in tribute to his cinema career. DeVito will attend the European premiere of his short film “Curmudgeons” on 4 November. This forms part of the Shorts Films Family First section of the festival. After the film, he will discuss his latest works and take questions from the audience. He appears in the film with his children Lucy and Jake: his son will also be attending the screening and discussion. On 5 November, DeVito will have another audience meeting, following the screening of the 1989 “War of the Roses” in which he starred along with Michael Douglas and Kathleen Turner. This will ...
Property market continues to be led by the Balearics
There are all sorts of reports into property values, and one of these is provided by ST Sociedad de Tasación, a company which specialises in property valuation. According to its report for the six months from January to June, the price of housing in the Balearics went up by 2.8%, the highest increase in the country. Based on the price per square metre – the national average having been 1,447 euros – the increase in Spain as a whole was one per cent. The four regions where prices went up the most – the Balearics, Catalonia, Madrid and Valencia – accounted for 49% of all sales transactions over the six-month period. The percentage price increases in those regions were near to that of the Balearics in two instances – 2.7% and 2.6% in Madrid and Catalonia. In the ...
Hotel occupancy in October set to increase
The Majorca Hoteliers Federation is forecasting 61% hotel occupancy in October, which would be an increase of eight per cent over last year. The federation believes that the occupancy rate will prove to be higher because of last-minute bookings. September is expected to close with there having been 90% occupancy, which will represent a rise of four per cent. In August, the rate – 95% – was much as it was in 2015. The figures have not been affected by the UK referendum result, notes the federation, which points to August rates of 94% and 96% in Magalluf and Santa Ponsa. There could be consequences going forward, observes the federation, but these are more likely to be for tourist spending power rather than bookings. With the referendum result in mind, it has been announced that ...
CLASSIC CARS AND MOTOR BIKES at PORT ADRIANO
The Mallorca Classic Week at Port Adriano was a wonderful event for individuals and families, as much as for enthusiasts. Port Adriano, Driving Mallorca, The Classic Car Club of Mallorca, the American Car Club and various other institutions have cooperated under the banner of Mallorca Classic Week for the benefit of local charitable beneficiaries. Affordable food and drinks will be available in Port Adriano following the theme of the American Car Show. Classic cars, motorcycles and yachts. INSURANCE FOR CLASSIC CARS AND MOTOR BIKES Why is there a specific product for classic cars and motorbikes? The market in this moment encounters each time more and more people have a historic vehicle which requires a specialised insurance cover. www.segurmallorca.com Please get in contact with us using ...
Tramuntana mountains are Spain’s best natural interest destination
TripAdvisor has added yet another category to its “bests-of”. There is the now the top ten list of the best places of natural interest in Spain, and for Majorca it represents good news. At number one is the Tramuntana mountain range. With a rating of five out of five from more reviews – 1,591 – than three other places with the same rating, the Tramuntana achieves this top ranking because of its network of dry-stone paths, walls and terraces. One review says: “The whole way from the Costa de la Calma to almost Puerto Pollensa is really spectacular. With wonderful views, cliffs and the stunning colour of water, it should be savoured in stages so as to appreciate it most memorably.” Blanca Vayas, head of communication for TripAdvisor in Spain says that the ...
Burial Insurance Plans and Funeral Insurance Plans
www.segurmallorca.com Burial Insurance or Funeral Insurance, is a whole life insurance policy designed to cover the expenses of ones burial or funeral. It is also called Funeral Insurance, or Final Expense Insurance. They are made for the purpose of protecting ones family from the financial burden that a funeral can be and almost anyone can qualify for these policies. Losing a loved one is a difficult and trying experience. While many who have dealt with the loss of a family member or friend expected to experience grieving and sadness, many do not expect to also have to deal with the high costs associated with honoring the memories of a loved one. The costs of a funeral and its associated accommodations can cost thousands of dollars and can place unnecessary stress and financial strain on ...
Is it all over for the British Expat life in the sun?
The first thing to say here is “what a shock!”. Whether you wanted to stay or go and despite the fact we all knew it was going to be close, it is still a shock which I am reeling from over a week later. Regardless of this the UK is heading for the EU exit sign. Having resorted to “scare tactics” on an ever increasing scale to convince us Brits to Remain, the UK Prime Minister David Cameron ended up with so much egg on his face as the result to leave became clear, that he resigned on Friday morning prompting an unseemly scramble to take his place amongst the Tories from the Leave campaign. Michael Gove and Theresa May have emerged as front runners in this race to the line, with Gove having been accused of a dirty tricks campaign to rob Boris Johnson of a chance at the title. The problem wit...
Expat in Spain and Paying Too Much Tax?
Expat in Spain and Paying Too Much Tax? Find out how to make significant tax savings on your investments. Free, No Obligation Financial Review for SegurMallorca Clients Why is a review so important? Your Financial Adviser was well paid for the advice you sought, and is still being paid now, when did you last see them to review your affairs? Costs of Investments have fallen, are you paying too much for yours? With the UK exiting the EU how do you find the buying opportunities? Spanish Tax Compliant Investments, do you know how efficient they are? UK style Pension Freedoms for Expats, what does this mean to you? Get in touch with us to Improve your financial future today Practice Manager: Lesley Higdon lesley@alexanderpeter.com Financial Adviser: Sandy Paterson DipFA sandy@alexande...
Our question on twitter.
Twitter survey. Better off out or in? #Brexit https://twitter.com/MajorcaBritish
What do you think ?
What do you think? The people of the UK have voted to leave the European Union by a majority of 52%. More than 30 million people voted, which was the highest turnout for a poll since 1992. The voting varied widely, with London in favour of remain as well as Scotland but mostly everywhere else opting to leave.The pound has fallen sharply to its lowest level against the dollar since 1985, falling eight per cent. Markets have also been hit, Tokyo down also by 8%. Boris Johnson and Michael Gove have called on David Cameron to stay on as prime minister, while Nigel Farage, hailing “independence day”, has said he should go. www.majorcabritish.com
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