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"Despite all the positive aspects of living in the Canary Islands there are, as in all things in life, a few negatives too. One of my main irritations is slow delivery of parcels, which is often due to the Aduana (Customs) process. Even though the Canary Islands are part of Spain, and within the European Union, we are outside of both for the purposes of taxation. This state of affairs is of great benefit to residents and visitors alike, who can buy all the luxury goods they can afford whilst on holiday, and pay only 5% IGIC (local tax) instead of IVA or VAT in Spain of 18% and in the UK at 20%. However, there are downsides too..."
www.barriemahoney.com and www.thecanaryislander.com
over 2 years ago