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The Constitutional Court has said in a recent sentence that the plusvalía tax goes against the Spanish Constitution. If you have sold, inherited or donated a property in Spain during the last decades, you surely paid for it. Let us explain briefly what has happened.
By renting out an apartment or house, one can find a stable and generous return that cover the purchase price in just a few years. Since we suspect it is still an unknown field for many, we are going to put our expertise at your service and explain the keys
inheritance law is not an exception. Nevertheless, we are going to give in this article a clear insight about how successions work in the country so that expats already living here or those planning to come can have a good idea.
During the last decades, the world has seen an increase in international flows of money and capital. Globalization has become irreversible, multinational corporations have flourished and high-net-worth individuals are everywhere.
Our goal in this article is to make clear for foreigners how it is to get a mortgage in Spain and what might be worth knowing.
Covid-19 gravely impacted the Spanish economy during 2020, including the real estate sector. However the country is now among the fastest to recover economically and vaccinate its population, which is contributing enormously to the economic recovery.
Today, we are focusing on the taxation involved in real estate operations in Spain and some final comments on the taxation applied to foreigners. As we are going to explain, some of them are paid just once whereas others are periodical.
In this article, we are going to give an insight on how the tax system works in Spain and what different taxes you need to know about when investing in our country. Although it is impossible to summarize in the post all the need-to-know information about every kind of tax in Spain, we hope this will help provide a general idea that for anyone considering moving to Spain to live, work, run a business, buy a property or even just invest here without becoming a resident.
The difference between these two concepts can be confusing, as being registered with the local Town Hall doesn't mean you are now a resident in Spain. Read on to make sure you don't confuse the two!
The COVID-19 global pandemic has without a doubt changed our lives in unimaginable ways, from the approach to our well-being to how we spend our money. A sector that will be forever changed is real estate. After spending so many months inside we now appreciate much more the four walls we spend most of our time surrounded by.
