Financial advice in Spain
Latest articles about Financial advice in Spain
The process of finding, negotiating and signing a mortgage in Spain can be complex and stressful. This is especially the case if you're not from Spain or are taking out a mortgage in Spain for the first time.
Most non-residents are vaguely aware that on selling property in Spain, a buyer practices a 3% retention on the sale proceeds which is paid directly to the Spanish Tax Office. But often they tend to forget about it post-completion.
*Article by Rosana Ramírez from Alecora Tax & Legal Services
Spain has introduced its new electricity tariff charges this June 2021, meaning that customers, including the thousands of expats living in Spain, will have to get used to reading a new electricity bill and in many cases, higher household expenses and utility bills.
On Monday 26th of April, Andalusia’s coalition government agreed to lower taxes in the region of Andalusia. Concretely, the following six taxes will be significantly reduced: IRPF (personal income tax) IHT (inheritance tax) Patrimonio (wealth tax)
Generally speaking, it is possible to install fibre optic broadband in Spain for around 30 euros per month, including VAT. When you add mobile lines, the average cost rises to 40 euros per month.
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.
One of the measures introduced by the Spanish Government during the worst of the coronavirus crisis was the mortgage moratorium for homeowners whose income was directly affected as a result of the pandemic.
If you're planning on buying property in Spain but you're not a resident, there are many factors that need to be considered. Can a non-resident get a mortgage in Spain?
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.