Larraín Nesbitt Abogados

Paying less tax when selling property in Spain

How to pay less tax on selling property in Spain in 2021

Springtime is almost upon us, it is once more the time of the year in which Mother Nature paints the countryside in bright yellow colours, animals are keen to display courtship behaviour, and humans drive estate agents nutty on looking for a brand-new home! Ironically, one of the best times to redu
Spanish Nota Simple: What is it, and how do you get one?

Nota simple in Spain explained

A nota simple is a legal document you will often hear in Spain. In this short post we give a brief outline on what it is and why it is so useful.
Golden visas in Spain

Spanish Golden Visa Explained

Spain has become Europe’s leading Golden Visa supplier. Thousands of non-EU nationals, and their families, have attained a coveted Golden Visa since its inception in 2013.
What is the Modelo 720 and how does it affect me?

Modelo 720 – Tax form 720

Unbeknownst to scores of foreign Spanish residents, there is a tax obligation to file tax form 720 if you own assets abroad in excess of 50,000 euros. Legions of foreign property owners, who are resident in Spain, may ignore the existence of this tax obligation.
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Gazundering and gazumping: are they legal in Spain?

We frequently get asked by our foreign clients if gazundering and gazumping are both allowed in Spain. In this short blog post we’ll address both. Gazundering This is typically a strategy to lower the sales price moments before completing on a property before a notary.
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7 benefits of making a Spanish will

Although it is perfectly legal to include your Spanish assets in a will made in your home country, we strongly advise against it. For all those non-residents who own assets in Spain, i.e.
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5 reasons to invest in Spanish real estate

1. Store of value. In times of political instability, which lead to stock markets in upheaval, gold and real estate have traditionally been a safe haven where the affluent plough their money to weather off the storm. 2. Security.