Retirement planning & leaving UK

[Mounts Kipper]

Any advice on areas to retire to that are low or zero tax, I am looking at Cyprus as a low tax area and interested to know of any folk who’ve baled out of UK and how it’s going or any advice. 

[waffer cup 07]

Believe me, although i love life in Spain its anything but a low tax zone.

[Mounts Kipper]

11 minutes ago, waffer cup 07 said:

Believe me, although i love life in Spain its anything but a low tax zone.

I know that… that’s why I’m looking at tax residency in Cyprus and using Spain property as bolt hole for 4-5 months pwr year. All my planning is to exit this goddam island and paying as little tax as possible. 

Edited Sunday at 13:00 by Mounts Kipper

[Traf]

5 minutes ago, Mounts Kipper said:

I know that… that’s why I’m looking at tax residency in Cyprus and using Spain property as bolt hole for 4-5 months pwr year. All my planning is to exit this goddam island and paying as little tax as possible. 

Patriot

[Mounts Kipper]

Just now, Traf said:

Patriot

Have been…. What a fool I was. 

[Mounts Kipper]

20 minutes ago, waffer cup 07 said:

Believe me, although i love life in Spain it’s anything but a low tax zone.

Any info you can share on taxes or monthly outgoings be interested to hear. PM if necessary. By the way where you based? 

Edited Sunday at 13:09 by Mounts Kipper

[waffer cup 07]

2 minutes ago, Traf said:

Patriot

I think when you've worked hard all your life and paid through the nose for everything, i think your entitled to look for a better life. Honestly its not difficult to find something better.

[Traf]

1 minute ago, waffer cup 07 said:

I think when you've worked hard all your life and paid through the nose for everything, i think your entitled to look for a better life. Honestly its not difficult to find something better.

I'm only taking the piss.
I'm off as soon as my elderly mother-in-law passes.

[waffer cup 07]

Just now, Traf said:

I'm only taking the piss.
I'm off as soon as my elderly mother-in-law passes.

Likewise, waited till my mother passed, then disappeared in a cloud of dust, or rain.

[waffer cup 07]

Wev'e lived here for 7 years and since we left year on year the UK has  regressed every year. Tax is higher than the UK but depends on your income what % you pay. But generally although things have increased in price its still much cheaper than the UK. For eg, Our council tax is below 300€ per year. Services are obviously dependant on usage but are cheaper than the UK., as is food and drink.

Edited Sunday at 15:29 by waffer cup 07

[Cheese]

59 minutes ago, Mounts Kipper said:

Any advice on areas to retire to that are low or zero tax, I am looking at Cyprus as a low tax area and interested to know of any folk who’ve baled out of UK and how it’s going or any advice. 

Follow the rest of the 'patriots' and move to a zero-tax Islamic nation.

Edited Sunday at 13:27 by Cheese

[Cheese]

58 minutes ago, Mounts Kipper said:

Have been…. What a fool I was. 

No doubt you'll be back here for the inevitable eye, knee, hip and heart operations when the time comes, pumping the system for more than any immigrant ever has.

[waffer cup 07]

22 minutes ago, Cheese said:

No doubt you'll be back here for the inevitable eye, knee, hip and heart operations when the time comes, pumping the system for more than any immigrant ever has.

If you follow the correct legal procedure and meet the right critera, you get free health care in Spain.

Edited Sunday at 14:30 by waffer cup 07

[Cheese]

Just now, waffer cup 07 said:

If you meet the right critera, you get free health care in Spain.

It's not 'free' though is it? Paid for by people who pay tax.

[waffer cup 07]

5 minutes ago, Cheese said:

It's not 'free' though is it? Paid for by people who pay tax.

 

 

Ok then, clever dick, people like me then.

 

 

5 minutes ago, Cheese said:

It's not 'free' though is it? Paid for by people who pay tax.

5 minutes ago, Cheese said:

It's not 'free' though is it? Paid for by people who pay tax.

[Cheese]

10 minutes ago, waffer cup 07 said:

Ok then, clever dick, people like me then.

Hardly being a "clever dick". Have you missed the point of the thread? I admire you for paying your way. Mounts wants to move somewhere that enables him to pay ZERO tax, and I'm insinuating that he will continue to use the health service in the UK that is paid for by tax payers. Maybe I'm wrong and he'll pay through the teeth for private healthcare wherever he moves to, but I suspect not.

Edited Sunday at 14:48 by Cheese

[Cheese]

Before the inevitable "I've paid in all my working life, so I can use the NHS whenever and however I want, even though I choose not to contribute any more" - it's a bit like saying "I've paid my car insurance for the last 20 years and not had an accident, so I shouldn't have to insure my car for the next 20 years".

Edited Sunday at 14:51 by Cheese

[DirtySanchez]

19 minutes ago, Cheese said:

Before the inevitable "I've paid in all my working life, so I can use the NHS whenever and however I want, even though I choose not to contribute any more" - it's a bit like saying "I've paid my car insurance for the last 20 years and not had an accident, so I shouldn't have to insure my car for the next 20 years".

It really isn't

[London Wanderer]

Fuck me Cheese can the lad not enjoy his retirement in peace 😄

[royal white]

47 minutes ago, Cheese said:

Before the inevitable "I've paid in all my working life, so I can use the NHS whenever and however I want, even though I choose not to contribute any more" - it's a bit like saying "I've paid my car insurance for the last 20 years and not had an accident, so I shouldn't have to insure my car for the next 20 years".

Jesus 🤦🏻🤦🏻🤣

[royal white]

2 hours ago, Traf said:

I'm only taking the piss.
I'm off as soon as my elderly mother-in-law passes.

It can be arranged (taps nose) 

[Cheese]

25 minutes ago, DirtySanchez said:

It really isn't

I said "a bit like", not "exactly the same". Do you think if you've paid in for 40 years but never needed any medical attention, you should get your money back?

[Mounts Kipper]

34 minutes ago, London Wanderer said:

Fuck me Cheese can the lad not enjoy his retirement in peace 😄

I’ve not retired yet… still paying 40% paye… fucking stupid I know… should have gone self employed and dodged like fuck….ive paid 40% for over 20 years… If I stay here they’ll give me 12750 tax free and tax everything else at 20% you can’t live on that so your in effect giving them back the half the tax you claimed while building up your pension. Oh and inheritance tax will be paid on my pension pots after 75 when I die meaning my wife who’s got only small pension will suffer after I’ve passed away…. It’s corrupt system, I’ll also add public service sector bods can retire at mid 50s and will receive a defined benefit pension running into 100s of thousand pounds from the state while folk like me have to wait until 67… is it any wonder I’m looking to preserve my hard earned money for my family and away from the government tax vultures. 

Edited Sunday at 15:52 by Mounts Kipper

[Mounts Kipper]

1 hour ago, Cheese said:

No doubt you'll be back here for the inevitable eye, knee, hip and heart operations when the time comes, pumping the system for more than any immigrant ever has.

You forget I’ve paid in for 45 years… they’ve paid fuck all.

[Cheese]

3 minutes ago, Mounts Kipper said:

You forget I’ve paid in for 45 years… they’ve paid fuck all.

BINGO! So predictable (and I haven't forgot, as you'll see above).

You'd paid fuck all when you entered the system 45 years ago.

Edited Sunday at 15:58 by Cheese