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DO YOU NEED A SPANISH BANK ACCOUNT WHEN BUYING PROPERTY?
Purchasing a dream home in Spain brings along many practical questions. One of the most frequently asked questions is whether you are required to open a Spanish bank account. Thanks to extensive digitalization and modern...
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COST OF PURCHASING PROPERTY IN SPAIN AND A STEP-BY-STEP GUIDE: COSTA DEL SOL, COSTA BLANCA AND COSTA CÁLIDA
Purchasing a property in Spain is a wonderful prospect, but the legal and fiscal landscape differs substantially from that in the United Kingdom, the United States, Canada... Furthermore, different tax rates apply depending on...
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DUE TO A LACK OF PROSPECTS, MORE THAN HALF OF ALL MIGRANTS LEAVE SPAIN
According to recent reports from El País and a study by the Funcas think tank, more than half of all immigrants leave Spain within a few years, resulting in a retention rate of only 48% compared to 60% in countries like Germany or...
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TAX RELIEF IN VALENCIA: REDUCTIONS IN ITP AND AJD AS A CATALYST FOR THE HOUSING SECTOR
Since this spring, a new wind has been blowing through the tax system of the Valencian Community, making the purchase of a home a lot more attractive. The most significant change can be found in the property transfer tax, the...
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