I am moving to Spain soon (valencia). I have quite a complicated situation and was hoping someone could shed some light on it.
Basically, my I am living in London at the moment. I am an irish citizen but have a property business in the UK. My wife is Colombian and is currently applying for a 5 year EU residents card as the family member of an EU citizen to reside in the Uk. However, we have decided that Spain might be a better option for us.
I have a lot of rental properties in the UK and I live off the income. I am considering doing something property related in Spain but have not decided yet. However, I am wondering about the tax implications on my rental income as I will no longer be a UK resident. My dilemma is I will have to become a Spanish resident in order for my wife to get her EU residents card for Spain to allow her to work. I dont want to be liable for Spanish income tax as I would probably end up paying far more than I do here in the UK (due to the fact I can write so much off against costs etc).
It would be great if someone could advise me on the best approach.