Moving house in Spain can be a stressful and time-consuming process. From packing and transporting your belongings to cleaning and settling in, the practicalities of relocating are often just the start.
We have put together a list of the best places to retire in Spain in 2025, taking into account the cost of living, safety, pensions, healthcare and visas amongst other factors, and Spain turns out to be one of the best countries to retire to.
On Monday the 13th of January, Spain’s president proposed to levy a tax of 100% tax on home purchases by non-EU nationals (e.g. American and British citizens).
In the aftermath of the Covid-19 pandemic, central banks worldwide flooded the money markets with liquidity (money) in an attempt to stop a major recession which could trigger - if left unchecked - a global depression similar to the last one from 1929.
However, for every action there is an equal an
The local Government on the Balearic Islands has created a commission to study the possibility of prohibiting the purchase of housing by citizens, foreign or not, who have been living in this region for less than five years, due to the escalation of property prices.
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
As a gentle reminder, we explained in detail what this tax form is in a previous article: Modelo 720 – Tax form 720 – 20th January 2021
Basically, if you are tax resident in Spain and hold over 50,000 euros abroad in either real estate, bank savings or investments you are under a legal obligation t
Like every year, we take the opportunity to gently remind all non-resident property owners in Spain they are under a fiscal obligation to file once a year a tax that is known as non-resident imputed income tax (NRIIT, for short).
What is a certificado de empadronamiento? What’s its purpose? Who needs a Padrón? Padron uses Documents required to enrol yourself
What is a certificado de empadronamiento?
A certificado de empadronamiento (or padron, in Spanish) is a certificate that confirms you are registered at
*Article by Rosana Ramírez from Alecora Tax & Legal Services
If you were thinking on buying a property in Andalusia (Costa del Sol area), we have good news for you, since 28th of April to 31st December 2021, the Andalusia Government has established a reduced transfer tax from the progressive [8
On 31st December 2020 everything changed for the United Kingdom and its economic ties with the European Union. Brexit has left a series of drawbacks for the British and their ties with Spain, and among them is residential investment.
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.
Legions of foreign property owners, who are resident in Spain, may ignore the existence of this tax obligation.
If you are serious about buying a property in Spain, then as well as carefully searching for the right property, it is also highly important to do your research when it comes to getting a mortgage in Spain if you plan to ask for financing.
Although it is perfectly legal to include your Spanish assets in a will made in your home country, we strongly advise against it.
For all those non-residents who own assets in Spain, i.e.
Spain’s increasing number of coronavirus cases and localised COVID-19 outbreaks, including local lockdowns in some cases, don’t just affect residents of the peninsula.