Financial advice in Spain

The definition of a technical recession is when a country experiences a back-to-back decline for 2 consecutive quarters in the GDP, and BNP Paribas believes this will be the case in Spain in the coming quarters. The French bank BNP Paribas estimates growth for Spain of 4.3% in 2022 an

Spain received a total of 15.6 billion euros in foreign investment during the first half of the year 2022 (between January and June), which represents an increase of 53.4%, with the Community of Madrid being the region that leads in attracting funds from abroad, with 10,9 billion euros invested, 69.

In what constitutes the sixth wave of tax reductions in Andalusia (mamacita), its president, Mr.

When buying a property in Spain, whether it's a holiday home or permanent residence, you will have to pay some sort of tax.

Summer is the time of year when we tend to spend the most time in our second homes, whether on the beach or in the mountains.

The Supreme Court has recognised the retroactive effect of the nullity of penalties imposed by Hacienda, the Spanish Treasury, on individuals who have not declared their assets and rights located abroad, the so-called Modelo 720 tax form. The Second Section of the Third Chamber of the Supreme Court

In 1999, the Spanish government modified the regulations governing the municipal capital gains tax, the tax paid when selling a property, and since then foreigners not resident in Spain have been exempt from declaring and paying this tax, i.e.

Spain once again comes out at the top of a ranking, but arguably for all the wrong reasons.

Nearly 7 out of 10 Spaniards say they are not prepared for a rise in energy and food prices as a result of the European Union's actions in response to Russia's military invasion of Ukraine. This is according to the European Parliament's Spring 2022 Eurobarometer, a proportion that shrinks to si

If you're planning on moving to Spain, how well off an area is may be something that could influence your search for somewhere to live. So, what is the wealthiest city in Spain? And where do the rich live in Spain?

Unemployment in Spain rose by 70,900 people between January and March 2022, which is almost 2.3% more than in the previous quarter at the end of 2021, while employment fell by 100,200 jobs (-0.5%), its smallest decline in a first quarter since 2019, when 93,400 jobs were lost.

Spain is the developed country with the worst unemployment and inflation figures, as demonstrated in is what is known as the 'Misery Index'. This index was created in the 1970s by the economist Arthur Okun and every year the Fraser Institute publishes the results of the world's main economies.

Barcelona enters the ranking of the ten most attractive European cities for investors in 2022, according to the EMEA Investor Intentions Survey 2021 report prepared by the consultancy firm CBRE. The Catalan capital is the ninth European city preferred by investors, ahead of Munich.

In a context of high inflation, Spain has hit 7.4% the highest in 34 years, protecting your family’s savings becomes a top priority. Financial advisers will normally recommend two options to protect yourself against inflation: The first one is to buy gold (which is rallying) The second is to bu

If you are looking for a house in Spain, but don't know what you want, buying a home can be a long process. Before sitting down to look at idealista, establish a budget, your ideal house type and the area that suits you best.

The real estate sector continues to be attractive to investors. So much so that it has reached an unprecedented level in history. According to a report published by the consultancy firm CBRE, the sector attracted record investment in Europe in 2021, reaching a volume of 359 billion euros.

The Court of Justice of the European Union (CJEU) has finally ruled on the famous modelo 720, a financial declaration to be made by taxpayers who have assets abroad, such as accounts, real estate, or securities.

House prices in the European Union (EU) as a whole rose by 9.1% year-on-year in the third quarter of 2021, their highest increase since the second quarter of 2007, according to data published by Eurostat.

The Spanish real estate market is on the rise. After a tough 2020 marked by the outbreak of the coronavirus pandemic, the economy picked up again in 2021.

Housing transactions are set to move in a positive direction this year, according to the important players in the sector, although this does depend on various factors, such as the impact of the health situation (which is rising in urgency at the moment), inflation and the shortage of raw materials,

Mortgages for foreigners living in Spain, or Spaniards residing in another country, have some differences with respect to ordinary mortgages granted to Spanish citizens residing in Spain.

Ultra-low taxation. As we’ve covered in a previous articles, Andalusia drastically reduced the taxes on buying property, making them less than most other areas of Spain.

When looking for a mortgage, every bank is likely to tell you that theirs is the best fit for you. However, it is clearly impossible for every bank to have the best mortgage. As is logical, each bank mostly tries to promote the strong points of its product to potential customers.

"Empty Spain" or "La España Vacía" is a trend that has caught the attention of the news in Spain in recent years, especially in light of the Coronavirus pandemic.

With the real estate market in Spain seeming to have weathered the effects of the coronavirus pandemic, and investment in property on the rise again, it's no surprise that housing prices are again increasing.