DMX_MT
First Officer
Malta
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Aurelian (Spark) Posted at 2018-6-23 04:44
I have not yet looked at how much insurance can cost like this here in Spain, but I'm sure it's much more expensive than what you pay for. I give you an example: the insurance of my car costs me 600€ a year. Here, to be able to work legally on your own, you have to pay a fee of 350€, it does not matter if you are going to charge something or not. You have to pay this fee every month. And then apart, you have to pay VAT TAX, which is 21% of what you are going to charge. So, if I'm going to work legally, I'll work more for the state than for me. So what I have decided is not to do any work here in Spain. All the videos that I do I do as a hobby and then I uploaded them to the stock footage agencies for sale and they pay me through PayPal. I also do some graphic design work ...and they also pay me through PayPal. It's not much money but a bit of graphic design, a bit of the videos ... something comes to me. It is not to become rich but it is enough to survive and be independent.
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You are really good Aurelian with that Ranking ! Welldone !!!! Proud of You ! You look Very Smart !
Why don't you come to Malta and work from here Aurelian ? My Peugoet 207 / VW Polo Car Insurance is Euro 150 per year + Licence around another Euro 100. On the Landrover its Euro 450 Licence inc. Insurance, as it has a Bigger Engine.
There are many Spanish Citizens living here. Here you need to pay NI Insurance + Income Tax according to the amount you earn the basic rate is about 15% of the Profit (Max is 35% on any figure you earn). Hospitals and Schools are Free here. Vat is 18%.
Also what you can do is work with a Company so that they pay all the taxes themselves and receive a weekly wage, then Part Time you can do the Graphic Design Freelance work, and just pay on the Gross Profit. The Exempt VAT Waiver here was increased to about Euro 20,000 per year Profit, so if you earn less per year from the Part Time, you cannot claim VAT but also will not pay any VAT. Thats how the Exempt Scheme Works here.
The only problem here is that the Minimum Wage is not high, its around Euro 700 / Euro 800 per month Gross. Its not like Rich Countries like Germany / Belgium / Ireland / UK !
If you need anything you know I am here to help, just let me know Brother !
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