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For any brits unhappy about the spanish red tape and looking for alternatives. Check out Cuenca , Ecuador (South America). Its a very big US retiree expat comm
by IG_Semmelweiss 6y ago
For any brits unhappy about the spanish red tape and looking for alternatives. Check out Cuenca , Ecuador (South America).
Its a very big US retiree expat community, from what I understand, that may be the largest worldwide. They even have an expat newspaper. Unlimited long term residency, tax free. Very nice weather and a few hours away from the beach. Very affordable.
https://expatsecuador.com/cuenca/cuenca-moving-guide/ https://expatsecuador.com/cuenca/cuenca-moving-guide/
- Daho0n 6y agoDoes it have no taxes at all? Because without a deal with the UK residents would have to pay full tax in the UK plus any local tax if they have income from there. I'm not sure a lot of Americans is a bonus to attract Brits though.
- IG_Semmelweiss 6y agoIANAL, but AFAIK no tax, unless you work under another entity's payroll and that entity is a large taxpaying entity. The economy is informal enough that if you work for cash and get paid cash and its not big figures, no one is going to come looking for you, either. That includes retirement income, and any foreign wires. Wasn't stating having Americans around was a bonus, simply, that US expats seem to be making that decision, make of that what you will