MABC Bulletin

Marina Alta Business Club Members' Site

THINK AHEAD: CONSIDER A PRIVATE HEALTH INSURANCE PLAN

Spain is one of the most popular destinations for expats and there is a free universal health care system in Spain, very similar to that in the UK, although to become part of this scheme you need to fulfil some requirements.

However, many Expats will be dismayed to find out that the Spanish health care system is not as simple and effective as many people think.

I have personally witnessed very recently the rather cold, unfriendly and impersonal treatment given to a close relative of mine, who was receiving treatment in a public Hospital in Madrid.

Firstly, the Hospital was crowded with two and sometimes three patients in just one tiny room, which made virtually impossible for family relatives to stay for the night (because there was only 1 old horrible uncomfortable chair).

Secondly, nurses- who barely speak English- were chatting on the lobby, mostly unconcerned about their patients.

Thirdly, Doctors?  During my recent 1day visit to the Hospital, I didn’t see any single doctor visiting the patients. The Hospital seemed more concerned with clearing the rooms for the new incoming patients.

 

Some Authorities might say that although there are waiting lists for operations in the Spanish health services, they are not as long as in the UK, and there is less of a queue because many people choose private healthcare instead, relying on the national health system just for emergencies.

However, I do not quite agree with that assumption. On the contrary, With the economic crisis hitting hard in Spain at the moment, it is getting increasingly difficult to find hospitals and clinics that might be able to provide qualified interpreters.

The inability to speak and understand fluent Spanish can make a visit to the doctor’s or a visit to the hospital more stressful than it should be.

Therefore, I honestly believe that the Spanish health care system, it will be an advisable option for expats only during the early months of their move to the country. However, after a few months, you should need to look at the long-term situation and arrange the relevant healthcare insurance cover.

Private health insurance is becoming more and more vital option to many people, both Spanish and expats. There are many advantages to private healthcare in Spain, like a wider choice of medical practitioners and hospitals, the reassurance of being treated by English-speaking professionals, and not least, privacy in the hospital without having to share one’s room. The ability to effectively jump the queue of the state health care system can often lead to much shortened delays in treatment which in many cases could be a critical factor to save your life. On the other hand, Private hospitals, particularly in the Costa Blanca, which boasts some of the best in the world.

The expat community in Spain is so large that we are currently working to offer specific expat targeted private health insurance schemes to our clients, which is proving very beneficial to many expat people.  Obviously the cost of this healthcare will depend upon the level of cover you require, your age, your health and whether you may want your family to be included.

Therefore, in consistency with this vision, we cooperate with one of the leading health insurance companies in Spain, which offers very competitive health Plan insurance tailored to cover expats who flip between Spain and their home state. We would subsequently be more than happy to provide you with a free competitive insurance quotation as well as to clarify any question or inquiry that you might have.

Should you be interested in receiving more detailed information about the nature of our Firm, and the scope of the legal services offered, please do not hesitate to contact us by phone or by E-mail to ricorsolicitors@yahoo.co.uk and we’ll be glad to be of assistance to you.

Thank you for your attention and we look forward to providing you with individual personal service and the benefit of our “know how”.

Kind regards

Mr Oscar Ricor. Solicitor

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Special offer for members only

We are glad to inform about the following legal services currently offered by our Law firm that might be of interest to you:
A) FISCAL REPRESENTATION FOR NON RESIDENTS. (One wealth tax Form): 80 €
B) ONE SPANISH WILL: 100 € (Notary fees excluded)
C) OTHER LEGAL SERVICES AND COMPETITIVE INSURANCE : PLEASE VISIT OUR WEBSITE www.ricorabogados.com or contact us directly at ricorsolicitors@yahoo.co.uk

However, for MACBC members only, we are delighted to offer fantastic promotions. Should you be interested, please do not hesitate to contact us. kind regards

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Tonight’s Meeting at DIGBYS

Just a quick reminder that tonight’s meeting is at Digby’s in the Arenal.

Digby’s is run by our ‘Costa Blanca Homes’ Editor and member, Paul Kilby – so will be a home from home venue for the Business Club. The bar has wireless internet access and is conveniently placed for the enormous new municipal free parking area that was opened last year behind Javea Park.

If you are not familiar with the area, the Google map link is here

http://g.co/maps/jvjrb

I have added this notice to the www.mabc.biz site too – in case you only have your phones with you when you can’t find it later tonight . My mobile is 681 001 300 if all else fails…

Unless you have already let me know you are away – I hope to see you there. http://digbys.eu not finished it yet but enough there to help find it !

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MABC Shop now sells email addresses for Javea, Xabia, Denia and Torrevieja and more!

Yes – you did read that correctly – MABC now sells email addresses as part of its offering to the public and other businesses. At 24 Euros a year that is only 2 Euros a month so we feel sure that this will be a popular product – if you want to secure a particular name then you need to be fast as we will be selling the addresses on a first come first serve basis – but, naturally we are posting our new service here – first!! If your town is not yet in our portfolio and you would like it to be please email me at gaile@javea.bz  :-) and I will do my best to add it!

Currently available for Spain

@javea.bz
@xabia.bz
@denia.bz
@torrevieja.bz
@alicante.bz
@calpe.bz
@moraira.bz
@altea.bz
@benidorm.bz

Also Available

@cheltenham.bz
@gloucester.bz
@mytown.bz

email addresses at the low cost of €24 a year (€2 a month) each name will be available on a ‘first come, first served basis’ for example gaile@javea.bz is no longer available but other variants might be – so please give a first second and third choice when ordering - Internet access is all that is required to enjoy your own personalised email address, it is also possible to use through Outlook and other proprietary email software.

Please note you do not need to be a member of MABC to take advantage of this great offer – this is a Club fund raiser – so feel free to pass this on to your friends and family. To secure your new address please follow this link http://www.mabc.es/offers/product.php?id_product=3

NB I updated this post on the 18th January to include a heap of new Towns

 

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Good Meeting today at Denia

Thank you to all members who managed to make the Denia meeting, this morning. It was an interesting meeting – Oscar Ricor, of Ricor Solicitors, our newest member from Torrevieja, was welcomed into Marina Alta Business Club. Other business included a discussion on running an open  day in Javea and possibly Denia and on methods we can employ to promote every member’s business using Club resources. Our next meeting is in Javea Park at Digby’s Bar in the evening of Thursday 19th January

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January 3rd 2012 Market Bulletin

Follow the link to the  Market Bulletin 03 January 2012 for this week’s Bulletin which contains the following points:

  • 2011 is probably a year most investors wish to forget; one which witnessed high volatility amidst the eurozone sovereign debt crisis and left global markets suffering from crisis fatigue.
  • However not all asset classes suffered – high quality government bonds did very well and not all equity markets fell. The Dow Jones index of super blue-chip US companies actually ended the year higher. Anyone investing in a balanced portfolio with an income bias would have most likely been surprised on the upside.
  • With the eurozone crisis unresolved there will, almost without doubt, be continued uncertainty this year and we mull over some of the most likely questions investors may be concerned about. Despite continued uncertainty, for those investors taking a pragmatic approach there are positive solutions in the form of diverse portfolios which can offer investors some degree of confidence in the year ahead.
  • To start the New Year, a number of our managers give their views on the outlook for equity markets.

Regards

Neil Gubbins
ST. JAMES’S PLACE
WEALTH MANAGEMENT
11 Hamilton Place
Mayfair
London W1J 7DA
T: 020 7495 1771
M: 07739 263334
www.sjpp.co.uk/neilgubbins

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Finance Update 14/11/2011

Please find attached this week’s Bulletin Market Bulletin 14 11 2011which contains the following points:

  • Italy took centre stage in the markets as the issue of their rising sovereign debt yields came to the fore. French bond yields also came under fire following a mistaken downgrade by Standard & Poor’s rating agency. However, a new government for both Greece and Italy and ECB intervention in the bond markets pushed the FTSE 100 up 0.3% in the week to close at 5545.38.
  • The yield on Italy’s 2-year and 10-year bonds crossed the psychologically important 7% mark last week which was the point as which Portugal, Ireland and Greece had to be bailed-out. Thankfully ECB intervention caused the yields to fall back and Italy managed to raise €5 billion in an auction of one-year securities paying an average rate of 6.09%.
  • Data from China showed that inflation is falling and growth is strong so where is the eurozone aid that was suggested some weeks ago? According to independent sources in the Chinese government it is tied up in a political deadlock after Europe spurned all of Beijing’s demands.
  • EU leaders have many routes to take, none of which are easy but the sudden change in Italy’s fortunes, considering just how big it is, may just force EU leaders to take decisive action and implement policy that could bring Europe out of its debt crisis.
  • Finally, with European sovereign debt in the press we take a look at the UK Gilt market, exploring why yields are so low compared to Europe and Ian McVeigh, UK Equities Team Director at Jupiter Asset Management, gives his view.

Regards

Neil

Neil Gubbins

ST. JAMES’S PLACE
WEALTH MANAGEMENT
11 Hamilton Place
Mayfair
London W1J 7DA

T: 020 7495 1771
M: 07739 263334
www.sjpp.co.uk/neilgubbins

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Welcome to Bill Boyd of AngloInfo.com

Bill Boyd from Anglo Info is our newest member. If you haven’t used www.angloinfo.com – you should – 70 million users world-wide do and it is free to post your business there!! A wonderful and comprehensive website with local information aimed at expats, wherever they are in the world. Bill liaises with businesses, embassies and Ayuntimiento up and down the coast.

Featured Costa Blanca Blogs on the Spanish part of the site already include one from our own Javea Photos, but are about to include another from one of our members… watch this space…

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