Financial advice in Spain

Inditex founder, Amancio Ortega, is continuing his real estate investments in London through his investment arm Pontegadea, where he is negotiating to buy the former BBC headquarters for around £80 million (almost €90 million), according to the publication 'CoStar News'.

As with other products that have gone global, such as McDonald's Big Mac or Coca-Cola soft drinks, the price varies greatly depending on which country you are in. The map below shows a quick glance at the price of a Tall Latte, the star of the Seattle-based chain Starbucks.

Following the 2008 financial crisis, the role of mortgage brokers in Spain became particularly important. They are professionals who act as mediators between the bank and the individual who wants to take out a mortgage.

The law that introduced the new taxes on banks, energy companies and large fortunes, in force for the last two months, came with an unexpected change in the Wealth Tax that fully affects non-resident foreigners who own property in Spain. A modification that, according to the experts consulted by id

The Community of Madrid, the Basque Country and the Valencian Community led the ranking of British investment in Spain during the first nine months of 2022, according to figures from the 'VIII Barometer on the climate and outlook for British investment in Spain', developed jointly by the British Cha

The Governor of the Bank of Finland and member of the Governing Council of the European Central Bank (ECB), Olli Rehn, has voiced his support for continuing to raise interest rates and does not expect the institution to reach the terminal level of the reference rate until the summer.

Spain has approved a new set of general guidelines in its Annual Tax and Customs Audit Plan for 2023, known simply as the "Plan de Auditoría Tributaria Española 2023" (Spanish Tax Audit Plan 2023).

When talking about mortgages in Spain, an early repayment charge is a penalty paid by the customer when they repay part of the mortgage. It can put some people off making mortgage repayments. However, it is a small cost that usually allows us to save a lot of money in the long term.

Fifty-six per cent of Spaniards are afraid of losing their job – the highest percentage in Europe – 19 percentage points above the study's average (37%), carried out by Randstad.

Margarita Delgado, deputy governor of the Bank of Spain, believes that Spain's economy "will regain increasing dynamism" from spring onwards as a result of "a series of factors" after a few months "marked by considerable weakness". She shared these economic forecasts at a colloquium at the Alma Sen

If you buy a property in Spain that is part of a development then you will be obliged to pay what are known as community fees.

Spain climbed the ranking of the most attractive European countries for investors in 2023, coming in fourth, three places higher than the previous year when it was in seventh position. Spain is only behind the UK, Germany and France.

The International Monetary Fund (IMF) anticipates a sharp slowdown in the Spanish economy this year, when it will grow by 1.1%, compared with 5.2% last year, while for next year it anticipates an expansion of 2.4%, according to the update of the world economic outlook published at the end of January

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.

The Spanish Government has released the calendar of dates that apply to the 2022/2023 income tax return campaign, commonly known as the "Declaración de la renta". Residents in Spain are obliged to declare their income, and income tax is known as "Renta de las Personas Fisicas" (IRPF).

Solar energy has experienced a boom in Spain in recent years, so much so that the government has been forced to regulate self-consumption grids.

When selling property in Spain, there are several taxes that have to be considered.

Mortgage interest rates are on the rise, but in spite of this, many people are still choosing to buy property in Spain, as prices start to stabilise going into 2023. If you're renting and you want to own a property then the process is relatively simple.

Fixed and variable-rate mortgages are the most common on the market in Spain, but there is a third type that is also worth knowing about when applying for a mortgage in Spain: mixed-rate mortgages, also known as mixed mortgages.

Spain's most recent Royal Decree-Law to alleviate the mortgage burden of more than one million vulnerable families or those at risk of vulnerability due to the rise in the Euribor came into force on 24th November following its publication Spain's Official State Gazette (BOE).  This package of

The ECB’s erratic and lacklustre monetary policy, always lagging behind and copying the resolute path set by the US Fed, translates into a weak euro. The US has no qualms to firmly hike the price of money to stave off inflation - unlike in Europe.

Unbeknownst to most people, Spain has passed legislation on the matter of taxation on Crypto Currency.

On selling property in Spain, you are liable for two taxes: Capital Gains Tax (CGT) Plusvalia tax. The first tax is national and set by the government. The second one, is a devolved competency to municipalities (read town halls).

Most of the time, when we think of comfort in the home, we immediately associate this idea in our minds with a soft sofa, large and comfortable beds, spacious rooms, a well-equipped kitchen, etc.

The Spanish Government has confirmed the forthcoming tax changes, which are based on a general reduction in personal income tax for low incomes and more taxes on large estates.