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Saturday, March 27, 2010

Playa Blanca Harbour Extension

The contract for the extention and improvement of Playa Blanca´s harbour has been awarded and is expected to take 2 years to complete. The project will include a new ferry pier of 300 meters, increasing the number of moorings for pleasure craft and provide better boat yard facilities.
After the new works, the ferries will have their own harbour separated from the Marina. Engineers have also been awarded a contract to proceed with a similar project at Corralejo´s Harbour in Fuerteventura.
This work wil make the already upmarket Playa Blanca area even more exclsuive!

Monday, March 8, 2010

Lanzarote voted top destination for Irish Tourists!


For the 8th year running Lanzarote has been voted "the best sun & beach destination" by the Irish Travel Trade.

This explains why
 so many choose to own property & get married here on the island.

Céad Míle Failte...A hundred thousand welcomes!

Rise in Tourist Numbers Predicted 2010

Lanzarote saw a 1.7% rise in visitors against last years figures and a rise in flight arrivals which has been sustained over the first quarter of 2010. This beats both Gran Canaria and Tenerife which nontheless have reported growth. Most of this great news has been credited to the new scheduling from Ryan Air with lots of new routes and more frequent flights. Fuerteventura have suffered since Ryan Air pulled out in 2009 but with a great new schedule of arrivals starting in March they are jumping for joy over predicted vsitor numbers for 2010. The tourist association on lanzarote have said that they expect over 300,000 more vistors this summer so start marketing and getting your business noticed.
This is not only great news for the businesses who have suffered so much from the fall in visitors buta lso for the property  and letting market. To advertise your property of business www.360canaries.com

Thursday, March 4, 2010

Lidl Lanzarote will be opening its doors on 11th March 2010! Lidl will be in Arrecife next door to Ikea on the Carretera de los Marmoles, which runs from Arrecife towards Costa Teguise. Lidl have already confirmed that the opening of their stores will be a boost for the local economy, creating 500 jobs.



Spanish government incentive to airlines

Ryanair’s expansion in the Canary Islands comes as a direct response to the Spanish governments recent decision to reduce tourist taxes in Spain to zero and the 100% discount on airport charges this winter. The move has delighted investors with holiday homes in Lanzarote, as lower cost flights will allow owners to enjoy more frequent travel. As a result, experts are predicting a boost for the Lanzarote property market . Year round sunshine, short haul flights, attractive property prices and now low cost flights make Lanzarote the ideal holiday home location.

Monday, March 1, 2010

Pensions for ex pats - new rules

British expats abroad can now get more control over their pension plans thanks to new rules that remove many restrictions for people who retire overseas.
They can pay lower tax on income drawn from a relatively new form of pension (Qualifying Recognised Overseas Pension Scheme) QROPS avoid being forced to invest capital in an annuity which dies with the purchaser and pass their wealth to friends and family free of tax on death.
QROPS, as its name suggests, this is a form of pension based outside the UK which is recognised by the British authorities as being eligible to receive transfers from registered UK pension funds. Reputable advisers will only recommend transfers to countries which provide consumer protection equivalent or greater than the safeguards in the UK.
People who are living inside or outside the UK can transfer their deferred company and personal pensions to a QROPS. Any pension can be transferred as long as an annuity has not been purchased or, if it’s a final salary scheme which the pension has not commenced.
Where the pensioner has not been resident in the UK for five complete and consecutive fiscal years – and the tax rules determining residence will be examined in detail later in this guide – HMRC restrictions on how income and capital are spent no longer apply.
The best option for you will depend on your personal circumstances and it makes sense to take professional advice which can take account of your individual needs and objectives.
British pensions that can be transferred to a QROPS include former employers’ occupational schemes (but not final salary or defined benefit schemes already in payment); Superannuation Schemes; Executive Pension Schemes; Self Invested Personal Pension Schemes (SIPPSs); Small Self Administered Schemes (SSASs); Section 226 Personal Pension Schemes; Section 32 Pension Transfers and Personal Pensions.
Although QROPS is a relatively new product, what has become clear is that both Professional Advisers and clients should be cautious regarding their choice of QROPS provider and QROPS jurisdiction and a poor choice can lead to frozen pensions, high tax bills or both.
To discuss this further and to get the best Professional QROPS Advice please e-mail or call direct today for full details and to find out how we can assist you and start living the life you planned for……….www.360canaries.com










Weddings which do not bankrupt Dad!

Congratulations! So you are getting married.
Naturally you will want a wonderful stress free day with only happy memories to look back on for the rest of your life. However, in reality what all too often happens is entirely different. In many cases the happy couple is left with a huge burden of debt hanging over them marring what should be a wonderfully happy start to their married life.
A wedding these days can set you back on average around €30,000 and that’s only for the basics! Every bride dreams of their perfect wedding day and if you have to constantly be aware of the cost and the ensuing debt it is impossible to really have the day you would like without feeling guilty and miserable. So with the rising price of weddings in the UK and Ireland you will find it a less expensive option to have your celebration abroad by combining your dream wedding or blessing with a honeymoon.
Lanzarote is fast becoming one of the top spots for Wedding and Blessing ceremonies.
Lanzarote is able to offer an array of churches for Catholic ceremonies as well as some fabulous wedding venues for that special second time around, blessings & renewal of vows ceremonies in the most stunning locations across the island.
Imagine being married or blessed under the warm sunshine of this paradise island.
The tax free prices in the Canary Islands mean that your special day could work out to be considerably less expensive than you may otherwise have budgeted for. (The average price of a wedding here may be around a third of the cost of the same wedding in UK and Ireland).
Being a Catholic country the Church wedding criteria is that either the bride or the groom must be catholic and neither one must be divorced. However it is also possible to have a blessing ceremony as we have our own resident vicar who carries out the Church of England blessings for wedding and the Renewal of Vows.
A qualified wedding planner will guide you through the paperwork; arrange the church and reception, the photographer and entertainment, printing, flowers, hair, makeup, transport and everything which is required to make the day go as smoothly as possible.
Let your imagination run away with you about where you envisage having your wedding, blessing or the Renewal of Vows ceremony. Imagine for a moment being married in a place where the weather is the practically guaranteed and the cost will not make you bankrupt before you begin.
For a list of requirements and more in depth information please take a look through our website which will introduce you to the wedding planners who we work with and recommend. You will also be able to check out our flight, car hire and accommodation packages some of which we can specially tailor to suit your entire party’s needs at very good rates. Go on think about it and dream away……………………see my website for further details and contacts.