Do bear in mind that Spain has passed Modelo 920. Basically, as I understand it, if you are financially resident there you MUST declare ALL your worldwide assets over a certain amount. If you don't, stratospheric fines. You are automatically financially resident if you spend over 183 (I think it is) days in the country. They are really clamping down on all this....guess they're looking for a source of income now the UK taxpayer tap is about to turn off. This is why I am extremely suspicious of what the authorities will do with the info they have garnered on their expat population in the future,Thank you so much for taking the time to compile such a comprehensive response. We did consider Portugal as a place to retire as well as Spain. Having visited Portugal we made the decision that it was nit for us.
Once again, thank you.