Moving to Spain - Why I Think Valencia Is The Best City In Spain 

Exactly how I feel about that city

Do you think it’s possible to live in the city with zero Spanish skills? Thanks.

​@@jasonw9251Possible but would hamper your experience greatly.. definitrly would be working on levelling up my Spanish hard before moving there or upon arrival.

Caveat emptor! Valencia has the largest submerged economy in Spain! People will try to pay part of your salary in cash, so you won't be declaring to hacienda your entire income, which means your pension will suffer! Just look carefully at any contracts you sign, and make sure the hours you work are the hours they declare to hacienda. I hate this. I am now self-employed and I declare all my income and refuse to work for cash-in-hand. It has taken a while, but now all our clients are French or Austrian. The clients from Madrid and Valencia are the most ratas, the ones who always pay late and who are the rudest. If I could relocate to Santander or Vigo, I would. Each region of Spain is different. Valencia is the most dishonest.

Thanks for sharing

Like you, I'm from NY (but in FL now) and looking to move to Spain -- in Malaga, though. I am just waiting to get a remote job in the States before I move there on a digital nomad visa. I'm sure you are aware of it. Are you doing this?

​@@denniszenanywhereseriously that's the best you can do! Very smart decision having a remote job and earning US income. Malaga is less expensive and more effortable than Valencia for sure. I have lived in Granada and until 2 month ago it always has been my favorite city in Spain...but now it's Valencia. It's expensive for Europeans (I live in Germany and wanna move away from here also)!

@@HelloHello-xm1ek I'm actually not from the US but I am looking to get remote job from US or perhaps even Germany (is it easy to get outsourcing job there?). But mostly, it's been easier to get outsourcing job from the US for the past years, not now. Right now, I don't meet the minimum required income to move to Spain. Valencia sounds great, too, and I'll gladly move there, but I hear Malaga is cheaper. Good luck!

Good choice!

Wanna move there as well and I'm from Germany and lived in Granada/Malaga before. But finding a job is darn hard. 😭

Might I ask what you're doing for a living there?

Another video stated rentals are poorly made, i.e., thin walls. This caused the apartment to be extremely cold during winter and very hot during summer. Is this true?

@@Justin06241974 This is true especially for the older buildings. The newer ones are a bit more modern and durable, but overall yes it's true.

Thank you so much!

Glad you like them!

Oh that's for sure. So many places to consider.

Valencia is nice, Barcelona is nicer but draws in more tourist and increased cost of living. Check out Valencia and see if it's the right fit for you.

Welcome aboard!

It's a cool city

Glad you liked it!

This will always happen

Yes i am so suprised with the amount of money you need to live there. Not worth at all anymore especially if the locals cant live there anymore. The fact he wave it away saying its normal is beyond me.

@jmdeking because it is normal and happens throughout the world. Plenty of people immigrate to the USA for opportunities that they feel are better suited. Nomadic humans followed the food source. Nothing has changed.

Thanks

De nada

Awesome would love to collaborate wnd share your story.

@@Karl__Pierre For sure! I'd love to. I'll send you an email with all my contact info.

Thanks

Very true!

You should

in my opinion, Valencia is really unique, no comparable with other Spain or Portugal cities. btw Portugal is also unique and Porto and Lisboa as well.

Welcome aboard!

Here from Germany as well 🙋🏻‍♀️ trying to move away from here

@@HelloHello-xm1ek I'm in Las Vegas.

Yes there are.

Thanks for watching!

Haven't done the France deep dive yet

Avoid Paris ​@@Karl__Pierre

They are pretty similar

A 20min de Valencia está Sagunto, pueblo histórico atacado por Anibal de camino a Roma para su invasión. Más abajo tienes Cartagena, Cartago Nova, ciudad fundada por cartagineses. Yo vivo a 1h de Valencia, en la montaña, a 1000mtr de altura. España no te la acabarías nunca. Demasiada historia 😅

@@josevicentelopeztel2072 translation in English please

I have a few videos on pego and Oliva you should checks those out. They are about 50 minutes from Valencia. Close enough to commute for entertainment. Check those out.

@@Karl__Pierre Great thank you so much! Will do!

I think that will be quite difficult you'll have to find a owner who travels for the summer and doesn’t want to list on airbnb. Any coastal town in Europe for May-August will be at peak prices.

Yes, our timing is not the best. I do very much appreciate the reply to my question and I'll continue to watch your excellent videos and share them with others. @@Karl__Pierre

Thanks for sharing, has that been your experience?

Not at all they don't even speak it!

@@Karl__Pierre Yes they do. Just not to foreigners. You are seeing the best behaviour because you have something Valencianos want, your money. I bet everybody smiles at you alot. Wow, wait until the honeymoon period is over or your business crashes. You will be abandoned quicker than it takes to say "coca y fiesta". All of Spain refers to Valencianos as chulos (pimps, poseurs). Unless you speak fluent Spanish you won't realise you're being ripped off. Lol, Valencia is totally a rip-off comunidad, and sadly I have my business here. Unless you double-check everything, your gestoria will also try to rip you off. Good luck with that. My partner is Spanish from Extremadura and I speak fluent Spanish and I have plenty of experience of double-checking tax returns and getting even more money back because I hassled my accountant to do her damned job. If people want to be in a constant state of tension, then come to Valencia. Even the driving here is without rules. The north of Spain is bliss by comparison, ethics-wise and weather wise. It's too late for us, but this is my CUIDADO! to Americans moving here: you will be FLEECED of your money if you are not careful. Always ALWAYS get three or more quotes for building work. Buy the materials yourself. People here will not hesitate to show you one insulation board and then use another cheap one. I had to stop a job in its tracks because of that shit. Now I am using a builder from AVILA and it is going far better... There is no sliding scale of good work. It's either expensive and shit or really really expensive and OK. So now I just buy everything and our treasure of a builder gets on with it. And I was told by this same builder that here people pick who to rip off, if you look like a soft touch, you will be ripped off. He says a builder in Javea tried that with some eastern european customers and was locked in a garage for three days as punishment. So don't be all nice and smiley or you will be laughed at and charged a small fortune.

En toda España se habla español así qué no tienes ningún problema

Yes there is some diversity mostly European, African, South American

Get an employment visa as an English teacher and or consult with an immigration attorney in Spain. That will be best.

Not sure but I can do a video on that in the near future.

Not yet

Send me an email at info@entplife.com. Let's see what your options could be.

Not sure I'd have to defer to a tax professional

No, that´s not the way it works. If you live in Spain and you have taxable incomes here, because you live in the country for more than 183 days, you will pay IRPF from your payroll if you work for a company as employed person. What does this mean? The taxable income is divided by sections in progresive system: From the first 12.450 euro (yearly income) you pay nothing in taxes. It´s exempt. In the section from 12.450 to 20.199 you pay 24%. In the section from 20.199 to 35.200 you pay 30%. In the section from 35.200 to 59.999 you pay 37%. In the section from 60.000 to 299.999 you pay 45%. So, if someone told you that you will pay 45% in general thats not true. You will pay that only for the amounts exceeding 60.000 in yearly income. As an example, if your yearly income is, let´s say, 42.000 euro then you pay as follows: first 12.450 = 0 next section (20.199 - 12.450) * 0,24 = 1.859 next section (35.200 - 20.199) * 0,30= 4.500 Final section (42.000 - 35.200) * 0,37 = 2.516 So from your 42.000, you pay in total 8876 euro (aprox 21%). Aside you have another tributes to pay in concept of unemployment rent if you loose your job, or contributions to the pensions system. Those could rise the total tax and tributes to 30%-35% more or less, but you have some vantages: 1 - If you have children, your couple doesnt work or if you are disabled, etc... then you have more exemptions and you will take some money back from your tax payment. 2 - If you loose your job, if fired by normal reasons like end of contract etc... you will get some unemployment rent for an amount of time proportional to the time you have been working. If you have been fired by other reasons (not end of contract) then you will get in addition some economic compensation, but this last thing will not happen if you are fired by for example bad behaviour, breach of contract, bad performance etc.... In the meantime you are not working, there are some free courses offered by your local administration to train yourself. There is a catalog of this courses you can consult in the official website; these could include, acounting, construction, programming, hotel and catering.... etc... etc... 3 - You have unlimited access to the health system. It means that, if you have cancer or any other serious problem, the surgery and treatment will cost zero, or a small amount of money. You can also have a private health insurace in paralel which is affordable for 50-100 euros/month. It's good to have one if you want to go to an specialist without the long lists of the public health system, which is saturated sometimes for small health problems. The public health system is good if you have something severe and the treatment is expensive, then you go to the preferent list. In all cases you always can choose getting your treatment from your private insurance, it´s up to you, but if it´s very expensive normally they will dodge you or start a discussion about the insurance cover. Note: all mentioned above is for employees in general, not for self-employed person or companies. They have different taxation system.

Meet with an accountant and attorney to see how you must be structured

@@Karl__Pierre you wouldn't happen to have one you'd recommend would you? I'm trying to move there in about two months. I'm guessing you found a good way to structure things, i've been searching up and down and all I see is bad news for the tax situation to the point i'm about to back out.

If you are from the US i have bad news and good news. US is one of the two countries in the world taxing their citizens even if they don't live in the country anymore. Basically, if you are northamerican citizen, you have to pay. That means that you will pay taxes in Spain, and additionally in the US, both at once. Till here the bad news. Now the good news. There is a double taxation treaty between Spain and the US. It´s better for you to ask a tax attorney, but in general you can substract what you pay in Spain (the country you live) from the amount you pay in the US.

I think that is possible if your LTD is paying you in the form of dividends you can claim it as passive income and use that as a exemption. If you really want to do this best thing to do is.secure a Spanish immigration attorney to assist you with best low to no tax implications. Also don't sell the house in England...keep it and rent it also that rental income can be used to qualify as passive income.

@@Karl__Pierre thanks for you reply, I appreciate it and i will certainly look into a Spanish attorney to help me with everything, lets seeeee 🤔🤞🏼

Nope

How much should someone be paid and who is paying them?

Yes so is 1 cent and 2 cents. Still far less expensive than life in a larger US city

I like that hot weather doesn't bother me one bit

Yes of course

The minimal salary in spain for a full time job in 2024 is 1.134 eur/month (gross). Of course you can have a partial time job for less. Young people with less experience are usually having this min income regulated by law. In other cases is usually more, like in industry for example, but it depends on sectorial agreements between the sindicates and the companies and balance between offer/demand tesions in the labour market.

All depends on lifestyle. I don't doubt it's doable on 2000 euro.

How is that possible for 2000€ an month in city center???The rents are sooo expensive, especially in the city center!

Lol

Yes, there are a few pathways for that.

Hey I’m moving to Spain next year and am tossing up between Granada and Valencia could you message me about your experiences in each?

@@djasifalcon6379 from which country youoving to España? Granada is the cheapest option, Valencia is great, but not much nature and suuuper hot in Summer and expensive. Granada is a smaller city, more likely a University City, lots of international students live there. But nature is great, loved the climate thru the entire year (all seasons). Valencia is full of concrete, they try to make it more eco-friendly, but that will take a time

nah dude, I'm European (from Bavaria) and Valencia is like half the price as it's in my small town here.

@@shaclo1512 Naja, mit München kannste das natürlich nicht vergleichen. Ich komme aus der Gegend von Hannover. Aber ich fand die Whng.kosten schon teurer (für mich) als hier. :/

@@HelloHello-xm1ek ich bin weit von München entfernt, ganz im Norden von BY. Trotzdem bekommt man hier keine Wohnung im Preis von Valencia, außer man zieht in einem Sozialwohnbunker, aber anständige Wohnungen sind hier alle im 4 stelligen Bereich

Explain

Would you be willing to.come on live.to talk about this?

@@Karl__Pierre yes

I guess

Pronunciation police 🚔

For some

Thanks for sharing your opinion

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​@@joan9248claro, claro...fueron 4. Lo de mono se lo invento Vinicius. Y lo de fuera del estadio fue trucado por Telemadrid. Ah! Y tú , por supuesto no hiciste nada

Yeah seems pretty crazy

The quality of life for pretty much everyone there is pretty impressive though, I was just there for over 3 weeks and they really do take care of their vulnerable. Hopefully moving there in about 6 months if not sooner!

Esta equivocado, 32.500 paga el 17%, 45% es a partir de mas 100.000

Eso es mentira aquí en España no se paga el 45 % de impuestos parar ya decir estupideces !!!

No idea. Try to google it. To me seemed low crime

Valencia is one of the most safe city's in Spain. But you king find pickpocket.

Very different from what I experienced how long were you there?

Correct ain't nothing free

Well you should not move to Germany then 😅. We have the highest tax payments in the entire world, I guess. Even our shit Politicians say that 😂