Logic Financial Consultants

Introduction Welcome to our third quarterly newsletter. A lot has happened in the market this quarter so we will try and cover the main topics.As always, if there is anything we have missed and you would like us to cover in our next update, please do not hesitate in letting us know. Global Markets   During the third quarter of 2018, we have seen some of the highest volatility in markets since the financial crash in 2008. October has a tradition of being a fairly unstable month in terms of investments and markets, and it well and truly lived up to its reputation. In the last 3 months we have seen falls in all major worldwide markets including the FTSE 100 (UK) -7.87%, the EuroStoxx 50 (Europe) -9.58%, the S&P 500 (US) -4.34% and the Hang Seng China Enterprises (China) -8.76%. After reaching all time highs in May, the FTSE 100 (top 100 UK companies) was one of the first to suffer this quarter as Brexit volatility continued following several resignations from Theresa

      How do I register as a resident in Spain? As an EU citizen you must  register as a resident  if you plan on living in Spain for more than 3 months. If you are here for a total of 183 days in a calendar year then you are classed as being a tax resident of Spain and should be registered as resident. You should register in person at the  Oficina de Extranjeros  (immigration office) in the province where you live or at the designated  police station . You will be required to  provide documents  to support your application which currently is: NIE – your foreigner’s tax number The form S1 if you are a pensioner, SIPP card or proof of private health insurance Confirmation of payment for the residencia in the bank The completed residency application form Passport Proof of income You must be able to demonstrate that your life in Spain is financially sustainable. You will be expected to show bank statements that cover the previous three months and that you have