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Foreign property buyers in Spain may face 100% tax burden
Read more: Foreign property buyers in Spain may face 100% tax burdenThe Spanish Prime Minister, Pedro Sánchez, has announced that his government will limit the purchase of properties in Spain to non-resident non-EU nationals. It seeks to increase the tax burden for this type of purchases up to 100%. Let us take a look at the few details we have about this announcement. To whom does…
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Cost of Property in Spain
Read more: Cost of Property in SpainWhether you are considering moving to Spain or have already moved, owning property will become your strongest bond with the country and, possibly, your largest investment. We have heard too many horror stories about foreigners losing their Spanish property due to various legal issues. In many of those cases what I call DIY buyers were…
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New Spanish Immigration Regulations
Read more: New Spanish Immigration RegulationsOn 19 November 2024 the Spanish Parliament passed the bill for the new Immigration Regulations that will come into force on 20 May 2025, replacing the current regulations which date from 2011. In the mean time, the current regulations, dating from 2011, will apply for any new visa applications or extension of residence authorisations. The…