Hello!
My wife and I are late 50s/early 60s and looking to retire in about 2 years. We are US citizens, but my wife is also an Irish citizen and has an Irish passport. We have focused extensive effort learning about and visiting Portugal as a retirement destination, but have recently opened up the idea of Spain - namely Valencia or Alicante. We have only spent time near Barcelona, as we have family living just outside in Sitges.
Our daughter will be 18 at that time and will likely move with us to take time between high school and college/trade school and will consider studying in Spain or elsewhere. We plan to visit at least Madrid, Valencia and Alicante later this year or early next year.
Out questions are around things like pursuing a non-lucrative visa and what might be the best strategy given my wife has dual US/Irish citizenship. We are also interested in understanding more deeply people's experience managing the wealth tax. We are fine paying taxes and integrating into life in Spain, but want to understand tax rules to be as tax efficient as is allowed. Of course we will seek professional guidance around that matter.
While my wife and I would be transitioning to a retirement lifestyle, our daughter will just be beginning adult life so her access to education, friends, culture, nightlife, etc is important. Larger cities such as Valencia offer those experiences as well.
Delighted to be joining this group and thank you for any thoughts you might offer!
Michael
