A question we frequently get asked is if you can buy and sell property in Spain in a currency other than euros. The short answer is yes, and in fact it is done fairly frequently.

As you are probably aware by now, one of the best, if not the best, businesses in Spain as of late is to rent out property, specifically as a holiday home (short-term).

In point five of our previous blog post (Renting in Spain? Five clauses you should be mindful of), we discussed how some devious landlords in Spain, after a lease is over, like to pocket a tenant’s one-month deposit and do not hand it back, giving all sorts of lame excuses.

Spain is such a great place to live and work in. You are young, carefree, and have yielded to the temptation to move to this beautiful country for a while to test the waters.

On selling property in Spain, you are liable for two taxes: plusvalía and capital gains tax (CGT). In this short article on Spanish tax, we will focus on four strategies to mitigate a seller’s exposure to CGT, which range from completely negating it to reducing it significantly. The following

Spain has recently amended its rental laws in March 2019, in most cases to the detriment of landlords, creating serious legal obligations that landlords should be acutely aware of.

These changes affect long-term rentals mostly. If the landlord is a natural person: 5 years mandatory renewal period on long-term rentals (plus 3 years silent renewal).

Andalusia’s centre-left wing party was ousted from power last December after 37 years in control. With the turn of tide, the new centre-right wing ruling coalition agreed in Seville to abolish inheritance tax in Andalusia.

1. Attain a NIE number A NIE number is a tax identification number for foreigners which identifies you before the Spanish Tax Office and allows you to file and pay taxes in Spain. For more details on how to get a NIE number, see our guide explaining all about the NIE Number. 2.

What is a NIE number? This will be one of the first questions you will be asking yourself when you move over to Spain.