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24 Apr '20The State of Alert in Spain has been extended until May 10th. To ease the economic impact of COVID-19 on the self-employed and SME’s, the Spanish Government has announced some new measures. As of April 22nd, business owners may defer the rent payment for their shops or offices, provided they comply with the following conditions: […]
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- Emergency situation
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16 Mar '20UPDATE APRIL 23RD Due to COVID-19, the Spanish Government has issued important restrictions in Spain. According to the latest Government’s announcement, they will last until 10th May. To protect the population’s health, the mobility of citizens is severely restricted, and everybody must remain at home. We are only allowed out to cover basic needs, such […]
- Tags:
- Emergency situation
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18 Jun '19Sometimes we give for granted that driving a car is the same everywhere, but that’s not necessarily true. When driving in another country, we must know what the general rules are, to avoid problems with the traffic police. Some differences might be obvious, such as the side of the road you must drive on (the […]
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Buying your Spanish property involves paying some taxes. But, what happens after you become the owner of a home in Spain? Are you wondering if there is any other tax to settle afterwards? Here you have an outline of the main taxes that you should expect every year. INCOME TAX: The Income Taxes are collected […]
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After a long wait, a new Mortgage Law will come into force in Spain next spring. There are several important changes regarding some controversial aspects such as formalisation expenses, “floor clauses”, repayment fees, etc. These is an outline of the Mortgage Act that will soon affect property buyers in Spain. Does the new law affect […]
- Tags:
- Banks
- Real Estate
- Spanish Law
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As you probably know, residents in Spain who meet certain criteria must file their Assets Abroad Declaration (Form 720) before March 31st. Briefly: new residents in Spain that own properties, bank accounts or financial assets worth 50.000€ or more in other countries, need to check carefully whether they match those criteria. Residents from previous years […]
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The recent strikes are causing many troubles to travellers across Europe. They often ignore their rights in case of delay or cancellation of flights. If you are flying to or from Spain soon, here you have some tips that might be useful in this situation. When can you claim for a compensation? Airlines are supposed […]
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Spanish laws of succession are different from other countries, and sometimes they might be quite complicated. Making testament in Spain might help avoid time-consuming formalities, as well as legal problems for your heirs. The European Law states that any assets the foreign deceased had in Spain at the time of their death, will be governed […]
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Are you renting one or more properties as holiday accommodations in Spain? Then you need to comply with several requirements from both the Tax Agency and the Tourism Department at your Comunidad Autónoma. You should be aware that the Tourism Departments are nowadays taking their inspection duties more seriously and that they are more actively […]
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As you may know, if you are a tax resident in Spain and meet certain criteria, you must file your Assets Abroad Declaration before March the 31st. In order to help you ascertain if you qualify for this Declaration, we have listed below the items you need to consider to fulfil your obligation in Spain: Bank […]
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