Financial advice in Spain
Latest articles about Financial advice in Spain
Buying a house in Spain can be a both exciting and daunting for many reasons, especially for expats who are moving abroad and buying property in Spain for the first time. The process also varies between countries and is likely to be different in some or many ways compared to where you are from.
If you're planning on buying property in Spain but you're not a resident, there are many factors that need to be considered. Buying a property in Spain, such as a holiday home, and getting a mortgage in Spain for non-residents can be challenging, but certainly isn't impossible.
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!
If you're buying property in Spain and are planning to take out a Spanish mortgage, whether you're from Spain or not, then you may have heard "Euribor" mentioned a lot by Spanish banks. But what is Euribor and how will it affect you if you take out a Spanish mortgage? We have all the details.
The “Modelo 720” form, is a basically a declaration of overseas assets for people living in Spain, that is to say, assets held outside of Spain.
The European Commission's new growth forecasts for 2021 and 2022 place Spain at the head of the recovery in the EU. The EU has raised Spanish GDP forecasts from 5.3% to 5.6% for 2021 and from 4.8% to 5.3% in 2022, although without yet recovering its pre-pandemic gross domestic product.
All non-residents who own property in Spain are obliged to pay Non-Residents' Income Tax (IRNR) once a year.
Real estate throughout Europe continues to prove itself as a safe-haven asset in times of crisis.
The unemployment rate in Spain in 2020 rose to 16.13%.
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.
2020 was a difficult year for the tourism sector in Spain, including the area of holiday rentals.
A recent Parliament session in Spain has amended the 2018-2021 State Housing Plan in order to speed up the process and increase its coverage to encourage renting and property renovation or refurbishment.