Larraín Nesbitt Abogados

Off-plan construction guarantees in Spain

Off-plan construction guarantees in Spain

Buying new build property in Spain over the last two years has been quite the frenzy. Post-pandemic, consumers were more than willing to spend their built-up savings leading to two digit increases of property prices, particularly offplan.
Taxation on gifting property in Spain

Taxation on gifting property in Spain

My professional experience is that most foreigners are completely unaware of the legal procedure involved on gifting property in Spain. To that end, I’ve written today’s post. Gifting property arises when: Joint owners (i.e.
10 reasons to buy property in Spain

10 reasons to buy property in Spain

1. Store of value. In times of political and economic instability (war, stock market crash, global pandemic, bank runs, high inflation, etc), gold and real estate are king as traditionally they act as safe havens where savers shelter their money to weather the storm. 2. Staves off inflation.
Buying property in Spain

6 things to watch out for when buying property in Spain

On buying property in Spain, you should be mindful the title is clean. It is fairly common the previous owner is in arrears. In Spain, debts follow the property not the debtor. Meaning, when you take over the ownership, you also take on all the existing debts from the previous owner.
Spain’s Digital Nomad Visa

Tax advantages of Spain’s Digital Nomad Visa

The new Digital Nomad Visa (DNV) offers unique tax advantages that no other Spanish visa can match. Its main outlier - and what distinguishes from other available visas - is precisely the wide array of tax benefits it offers.