umziehen-nach-uk
umziehen-nach-uk
umziehen-nach-uk
Emigrating to the Canary Islands: Your Stress-Free New Start in Paradise!
The Canary Islands attract with a mild climate and a relaxed lifestyle. But what should you consider if you want to move there permanently? From bureaucratic hurdles to financial aspects – we prepare you optimally. For personal advice and support with your relocation plans, feel free to contact us.
The topic short and concise
The Canary Islands attract with a mild climate and a relaxed lifestyle. But what should you consider if you want to move there permanently? From bureaucratic hurdles to financial aspects – we prepare you optimally. For personal advice and support with your relocation plans, feel free to contact us.
The Canary Islands attract with a mild climate and a relaxed lifestyle. But what should you consider if you want to move there permanently? From bureaucratic hurdles to financial aspects – we prepare you optimally. For personal advice and support with your relocation plans, feel free to contact us.
The Canary Islands attract with a mild climate and a relaxed lifestyle. But what should you consider if you want to move there permanently? From bureaucratic hurdles to financial aspects – we prepare you optimally. For personal advice and support with your relocation plans, feel free to contact us.
Dreaming of a life under the sun? Find out how to make your dream of moving to the Canary Islands a reality. We'll guide you through the key steps and what you need to watch out for!
Dreaming of escaping everyday life and starting a new life under the sun? The Canary Islands offer a mild climate, relaxed lifestyle, and diverse opportunities. However, before you pack your bags and plan your move to the Canary Islands, there are some things to consider. At GoMovin, your expert for international moves, we help you realise your dream of living in paradise without stress.
The Canary Islands are a popular destination for emigrants. The pleasant climate throughout the year, breathtaking nature, and relatively low cost of living attract many people annually. Whether you're looking forward to a peaceful retirement or seeking new professional challenges – the Canaries provide the right environment for every taste and need. However, before taking the leap, you should prepare thoroughly and carefully plan the key aspects of your relocation. Our planning guide will assist you with this.
Important Considerations Before Moving
A successful move to the Canary Islands requires careful planning and preparation. Before you take the plunge into the unknown, ask yourself the following questions: What are your goals? What are your expectations for your new life? What financial resources are available to you? A clear understanding of your goals and possibilities is the foundation for a successful relocation. It is important to set realistic goals and be aware that relocation can also come with challenges.
Define Clear Goals
Define clear goals for your relocation. Do you wish to enjoy retirement, start a new career, or simply escape the cold winter? Your goals will impact your choice of island, type of accommodation, and financial planning. Take time to define your goals and create a clear plan for your move.
Make Financial Preparations
A solid financial foundation is essential for a successful relocation. Plan sufficient funds to cover your living expenses for at least a year. Consider not only ongoing costs but also unforeseen expenses and potential investments. It is advisable to get an overview of the cost of living on the Canary Islands and create a budget before the move. According to Sun World Immobilien, you should have at least one year of living costs saved.
Assess and Improve Language Skills as Needed
Basic knowledge of the Spanish language greatly facilitates integration into the local community and daily life. Even though many locals speak German or English, it is advantageous to be able to communicate in Spanish. Use the time before your move to refresh your language skills or attend a Spanish course. Many schools and language institutes offer special courses for expatriates.
NIE and Residencia: How to Navigate the Bureaucracy
Emigration to the Canary Islands is relatively straightforward within the EU, but there are still some bureaucratic hurdles to overcome. Applying for the N.I.E. (Número de Identidad de Extranjero) and the Residencia (Certificado de Registro de Ciudadano de la Union Europea) is essential for legally residing on the islands and conducting various transactions. We assist you in keeping track and successfully completing the necessary steps.
Applying for the N.I.E. (Número de Identidad de Extranjero)
The N.I.E. is an identification number for foreigners and is required for numerous official procedures, contracts, and transactions. You need the N.I.E. to, for example, open a bank account, buy property, or finalize an employment contract. The N.I.E. is applied for at the relevant foreign office or the Spanish embassy in your home country. Allocate sufficient time for the application process, as it may take several weeks. According to kanarischeinseln.info, the N.I.E. is crucial for various transactions.
Apply for Residencia (Certificado de Registro de Ciudadano de la Union Europea) within 90 days
Within 90 days of your arrival on the Canary Islands, you must apply for the Residencia. The Residencia is a residence permit for EU citizens and entitles you to permanently reside on the islands. To apply for the Residencia, you need a valid identity card or passport, proof of sufficient financial means, and health insurance. Apply at the relevant foreign office.
Proof of sufficient income
To obtain the Residencia, you must prove that you have sufficient financial resources to support yourself. Proof can include a pension statement, savings of at least €5,488, or an employment contract. The exact requirements may vary depending on the island, so it is advisable to check in advance with the relevant authority.
Provide health insurance proof
In addition to proof of sufficient income, you must also provide proof of health insurance. As an EU citizen, you are generally entitled to medical care through the European Health Insurance Card (EHIC). However, for a permanent stay, it is advisable to have private health insurance that offers more comprehensive benefits.
Empadronamiento (Registration at the local registry office)
The Empadronamiento is the registration at your municipality's registry office. Registration is mandatory and serves to officially document your address. The Empadronamiento is a prerequisite for numerous official procedures and grants you access to local services and benefits.
Deregistering in Germany
Since 2015, German citizens are legally obliged to deregister in Germany if they permanently relocate abroad. However, deregistration is not a prerequisite for applying for the Residencia in Spain.
Lower tax burden: How to optimize your finances
The financial aspects play a crucial role when emigrating to the Canary Islands. In addition to the cost of living, you should also keep an eye on Spanish tax obligations and pension taxation. We will show you how to optimise your finances and benefit from the tax advantages.
Understanding Spanish Tax Obligations
As a resident on the Canary Islands, you are subject to Spanish tax obligations. This means that you must declare your worldwide income in Spain. However, there are some peculiarities and benefits that you can take advantage of as an emigrant. For instance, the Canary Islands benefit from a lower VAT (IGIC) of 7% compared to the Spanish mainland (21%).
Modelo 720 for Declaring Foreign Assets
If you have foreign assets, you are required to report them to the Spanish tax authorities. This is done through the so-called Modelo 720. Failure to report or incorrect reporting can lead to high penalties. Therefore, it is advisable to seek advice from a tax advisor. According to Sun World Immobilien, the Modelo 720 is important for declaring foreign assets.
Considering Pension Taxation in Spain
The taxation of your pension depends on your individual circumstances and the double taxation agreement between Spain and your home country. In many cases, the pension is taxed in the country of residence, i.e., Spain. It is advisable to consult a tax advisor to find the optimal solution for your individual situation.
Comparing the Cost of Living
The cost of living on the Canary Islands is generally lower than in Germany, Austria, and Switzerland. You can particularly save on rent and services. Local products such as fresh vegetables, fish, and meat are often cheaper than imported goods.
Lower VAT (IGIC) of 7%
The lower VAT (IGIC) of 7% on the Canary Islands positively affects the prices of many goods and services. This leads to lower costs for consumer goods and services compared to the Spanish mainland.
Cheaper Local Products
Fresh, local products such as fruits, vegetables, fish, and meat are often cheaper on the Canary Islands than imported goods. This allows you to eat healthily and cost-effectively.
More Expensive Imported Goods
Imported goods like pasta and cereals can be more expensive on the Canary Islands than in your home country due to transport costs and import duties.
Costs for Drinking Water
The tap water on the Canary Islands is not always of good quality and is not recommended for drinking. Therefore, many people resort to bottled water, which incurs additional costs. An alternative is water filters, which treat tap water.
Tenerife or Gran Canaria? Find your dream island
The Canary Islands are diverse, and each island has its own charm. Whether you prefer the lush nature of Tenerife, the vibrant atmosphere of Gran Canaria, or the unique landscapes of Lanzarote – choosing the right island is crucial for your satisfaction. We help you find the perfect island for your needs and preferences.
Tenerife: Pure Nature
Tenerife is the largest of the Canary Islands and captivates with its diverse nature. From the impressive volcanic landscapes of Teide National Park to the lush laurel forests in the north, Tenerife offers nature enthusiasts numerous opportunities for hiking, climbing, and exploring.
Gran Canaria: Diverse Activities
Gran Canaria is known for its varied landscapes and numerous leisure activities. Whether you want to relax on the beach, engage in water sports, play golf, or explore the historic old town of Las Palmas – boredom is not an option on Gran Canaria.
Lanzarote: Unique Landscapes
Lanzarote is defined by its unique volcanic landscape. The black lava fields, bizarre rock formations, and green vineyards create a fascinating contrast. Lanzarote is ideal for those who seek something special and enjoy peace and seclusion.
Other Islands to Choose From
In addition to the three largest islands, there are several smaller islands that also have their own charm. La Gomera is a paradise for hikers, Fuerteventura attracts with endless sandy beaches and is ideal for water sports enthusiasts, La Palma is known for its lush vegetation and romantic atmosphere, and El Hierro is the smallest of the Canary Islands, offering pure tranquility and relaxation.
Considering Personal Needs and Preferences
When choosing the right island, you should consider your personal needs and preferences. Do you want to live in a vibrant city or do you prefer the peace and seclusion of country life? Are you looking for a wide range of leisure activities or do you value good infrastructure? Take the time to get to know the different islands and choose the one that best suits you. According to 50plusabroad.ch, each island offers a unique identity.
Health in Focus: How to Ensure Your Medical Care
A functioning healthcare system is an important factor for a high quality of life. As an EU citizen, you generally have access to medical care in the Canary Islands. However, there are some differences from the German healthcare system that you should be aware of. We provide you with an overview of medical care in the Canaries and show you how to optimally safeguard your health.
Access to the Healthcare System
As an EU citizen, you are generally entitled to medical care in the Canary Islands with the European Health Insurance Card (EHIC). However, the EHIC only covers basic medical care. For a long-term stay, a private health insurance policy is recommended, which offers more comprehensive benefits.
Private Health Insurance
Private health insurance offers numerous advantages over the EHIC. You have the freedom to choose your doctor, get appointments more quickly, and benefit from additional services such as treatment by the head physician or coverage for alternative healing methods.
Availability of German-Speaking Doctors
In the Canary Islands, there are many German-speaking doctors who can assist you with health issues. Many doctors also speak English. It is advisable to find out in advance about the availability of German-speaking doctors in your area. According to 50plusabroad.ch, you should check the availability of German or English-speaking doctors.
Medication Costs
The cost of medication in the Canary Islands can differ from the prices in your home country. Some medications are cheaper, others more expensive. It is advisable to find out about the prices of the medications you need in advance.
Using the German Community: How to Achieve Successful Integration
The integration into a new culture is an important aspect of emigration. On the Canary Islands, there is a large German community that can help you integrate. We show you how to make connections, form friendships, and feel at home in your new residence.
Existence of a significant German community
On the Canary Islands, there is a large German community that can ease your transition into your new life. Here, you will find like-minded people with whom you can exchange ideas, build friendships, and partake in leisure activities together.
Taking advantage of German-speaking communities
There are numerous German-speaking associations, clubs, and organisations on the Canary Islands that provide opportunities for you to make contacts and network. Take advantage of these offers to integrate and feel comfortable in your new home.
Language courses to improve Spanish skills
Even though many locals speak German or English, it is beneficial to learn Spanish. Language skills facilitate communication with locals, access to local services, and integration into society.
Consideration of different work cultures
If you wish to work on the Canary Islands, you should familiarise yourself with the local work culture. The working methods and etiquette may differ from those in your home country. It is important to adapt and be open to new experiences. According to Sun World Immobilien, adapting to a different work culture is important.
Car as Household Goods: How to Save Costs on Transport
The transportation of your household goods and your car to the Canary Islands is an important aspect of emigrating. We will show you how to save costs and ensure a smooth transport process.
Declare your car as moving goods
If you want to take your car to the Canary Islands, you should declare it as moving goods. This can help you save on import duties and taxes. The exact regulations and requirements for declaring your vehicle as moving goods may vary depending on the island. It is advisable to consult the relevant customs authority in advance. According to Sun World Immobilien, declaring your car as moving goods can help you avoid import duties.
Registering with a Spanish number plate
After six months of residing in the Canary Islands, you must register your car with a Spanish number plate. This process involves costs and bureaucratic effort. It is advisable to find out about the necessary steps and documents in advance.
Hire a specialised shipping company
For the transport of your household goods and car to the Canary Islands, it is advisable to hire a specialised shipping company. An experienced shipping company knows the intricacies of transporting to the islands and can assist you with the organisation and handling.
Inheritance Law and Social Security: Plan for the Future
Legal aspects and social security are important topics to consider when emigrating to the Canary Islands. We provide you with an overview of the key points and show you how to plan for the future.
Understanding Spanish inheritance law
Spanish inheritance law differs in some respects from German inheritance law. It is advisable to inform yourself about the differences before emigrating and, if necessary, adjust your will.
Consider double taxation agreements
There are double taxation agreements between Spain and many countries that prevent your income from being taxed twice. It is advisable to inform yourself about the provisions of the double taxation agreement between Spain and your home country before emigrating.
Social security system
As an employee or self-employed person in the Canary Islands, you are generally required to contribute to the Spanish social security system. Social security contributions are deducted from your salary or income. As a pensioner, you may be entitled to benefits from the German social security system under certain conditions. According to 50plusabroad.ch, you should contribute to the Spanish system to obtain benefit entitlements.
Achieve success with GoMovin: Your partner for emigration
A successful relocation to the Canary Islands requires careful planning, preparation, and professional support. With GoMovin, you have an experienced partner by your side, offering assistance at every step of your relocation. We provide comprehensive advice, tailored solutions, and a stress-free moving service.
Thorough preparation is crucial
Thorough preparation is the key to the success of your relocation. Take the time to define your goals, plan your finances, and familiarize yourself with the legal and bureaucratic aspects.
Seek professional advice
Consult with experts to avoid mistakes and make your relocation as smooth as possible. A tax advisor can help you optimize your finances, a lawyer can provide legal guidance, and a moving company can assist with the logistics of your move.
Adaptability is required
Be open to new experiences and adapt to the local culture and lifestyle. The better you integrate, the faster you'll feel at home in your new environment.
Government grants and funding programs for your move offer a fantastic opportunity to invest in your new start. Whether it's a personal move or relocating your business, the available funding programs and tax benefits make moving to the Canary Islands attractive and financially achievable.
With a range of funding programs and tax incentives, there are numerous ways to reduce the costs of your move. At GoMovin, we offer comprehensive advice and support in choosing the right moving services, meeting the necessary requirements, navigating the application process, and avoiding potential issues.
By choosing GoMovin, you're investing in the future of your new life on the Canary Islands. You not only reduce your moving costs and ensure a smooth transition but can focus on your new life from the start.
Now is the perfect time to explore funding opportunities for your project. Contact us today to start your personalized consultation and submit your funding application quickly and easily. Register for free and receive an immediate first estimate for your move to the Canary Islands.
Further useful links
On Wikipedia, you will find comprehensive information about the geography, history, and culture of the Canary Islands.
The World Health Organization (WHO) offers information on health topics that might be relevant for expats, such as healthcare and prevention.
The German Climate Computing Centre (DKRZ) provides climate data and research findings that can help you better understand the climate of the Canary Islands.
FAQ
What financial requirements should I meet for emigrating to the Canary Islands?
You should have at least a year's worth of living expenses saved. This allows you time to acclimate and complete all necessary formalities without feeling financial pressure. According to Sun World Immobilien, this is an important aspect.
What documents do I need for emigration and residency in the Canary Islands?
You need the N.I.E. (Número de Identidad de Extranjero), the Residencia (Certificado de Registro de Ciudadano de la Union Europea), and the Empadronamiento (registration with the local town hall). The N.I.E. is essential for various transactions, while the Residencia allows you to stay permanently.
How long can I stay in the Canary Islands without Residencia?
As an EU citizen, you can stay on the Canary Islands for up to 90 days without Residencia. After that, applying for Residencia is required.
How can I tax my pension in the Canary Islands?
The taxation of your pension depends on the double taxation agreement between Spain and your home country. It is advisable to consult a tax advisor to find the best solution for your individual situation.
What health insurance do I need for moving to the Canary Islands?
As an EU citizen, you are generally entitled to medical care through the European Health Insurance Card (EHIC). However, for long-term stays, a private health insurance that offers more comprehensive coverage is recommended.
Which Canary Island is best suited for retirees?
Each island has its unique charm. Tenerife is ideal for nature lovers, Gran Canaria offers a variety of activities, and Lanzarote is renowned for its unique landscapes. Choose the island that best suits your needs and preferences.
How can I connect with the German community in the Canary Islands?
There are numerous German-speaking clubs, associations, and organisations in the Canary Islands. Take advantage of these opportunities to network and make connections. Language courses can also assist with integration.
What should I consider when importing my car to the Canary Islands?
Declare your car as household goods to save on import duties and taxes. After six months of residence, you must register your car with a Spanish license plate.
