You are planning to move to Spain.
You have investments, savings and perhaps pensions that you’ve built up over many years.
So a question often comes up:
Should I change everything before I move?
Should you sell your investments? Move your money? Restructure your portfolio? Close old accounts? Or simply leave everything as it is?
There isn’t one answer that works for everyone.
But there is one important point: the timing of some financial decisions can matter when you are changing tax residence.
Don’t assume everything needs to change
One of the biggest mistakes people can make when moving countries is assuming that all their existing financial arrangements need to be changed immediately.