Blevins Franks hold regular wealth management seminars for expatriates living in Mallorca. Their latest seminar, at the Castillo Hotel Son Vida in Palma de Mallorca on 22nd March , was again very well attended with more than 60 registered guests.
The seminar was hosted and presented by Peter Worthington, Senior Partner, and Simon King, Partner, of Blevins Franks. Edmond de Rothschild guest speakers, Raymond Glodé and Laurent Gorgemans came from Luxembourg.
The seminar topics “Peace of Mind?” focused on two key subjects: The possibility of becoming a tax resident in Mallorca and an outlook on today’s volatile investment markets. With regard to residency, it is surprising how many people pay tax in the wrong country. Some think they are not liable in Spain when in fact they are resident in Mallorca for tax purposes. The seminar clarified some key criteria, which is especially important with the new global regime for the automatic exchange of financial information and the Modelo 720 in force. Blevins Franks presented some ideas to help those with liquid assets legitimately lower their tax liability to make the dream of living here a reality.
In a market full of uncertainties – spanning from a major equity sell-off in the beginning of 2016, falling oil prices, slowing Chinese growth and the prospect of the Brexit – the Edmond de Rothschild’s team discussed defensive investment solutions and proactive strategies for portfolios.
Blevins Franks, with a committed office in Mallorca for 20 years, 22 offices in Europe, 170 employees and a 40 year history, currently serves over 6000 client families.
If you would like information on the seminar topics, or to be added to the Blevins Franks’ mailing list for future event invitations and updates, please contact them on +34 971 719 181 or email@example.com.
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This article was written on the 28th of March, 2016.