Spain Forces Banks To Pay Mortgage Stamp Duty

Stamp duty payable on execution of a mortgage deed in Spain has been the subject of case law and legislation recently in Spain.  B Law & Tax explain the implications of the recent decisions. This article was written exclusively for Expat Network by B LAW & TAX, International Tax & Legal Advisors   Currently Stamp Duty is charged in Spain on the execution of the mortgage deed at rates that depend on the autonomous community where
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Tax On Inheritances And Donations For Non-Tax Residents In Spain

The Spanish Inheritance and Donation Tax applies to donations and inheritances and has traditionally had different rules for EU and non-EU residents with non-EU residents unable to take advantage of advantageous Regional Laws.  Recent case law has challenged this different treatment.  B Law & Tax set out the implications. This article was written exclusively for Expat Network by B LAW & TAX, International Tax & Legal Advisors   The Spanish Inheritance and Donation Tax (“Impuesto sobre
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Spanish Property Market 2019 – Expectations

What is the outlook for the Spanish property market as we move in to 2019? Spain has traditionally been the most popular for British property investors buying a home abroad and British buyers have been the largest group of foreign buyers in Spain. What impact is Brexit having? Spain’s property market was heavily impacted by the global financial crisis in 2007/08.  The impact of the financial crisis was made worse by the oversupply created by
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Update On The Spanish Local Tax “Plusvalía Municipal”

Real estate transfers in Spain can be subject to local Tax on the Increase in the Urban Land Value (“Impuesto sobre el Incremento de Valor de los Terrenos de Naturaleza Urbana” or “Plusvalía Municipal”). This mandatory municipal tax is levied on the increase disclosed in the value of urban land whenever urban land located in Spain is transferred. This article was written exclusively for Expat Network by B LAW & TAX, International Tax & Legal Advisors
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The Best Places To Live Or Retire In Spain

Having made the decision to move to Spain what will determine which region you choose to live in?  Work may dictate  the location, but if you are planning to move to retire or take a new lifestyle working for yourself as a digital nomad or by using your trade or profession, the choice is yours. The capital city of Madrid sits in the centre of the country, but most major cities are on or near
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Banking In Spain

When moving to a new country you should take a look at your banking arrangements.  It is generally possible to use your existing bank from your home country for many purposes, but it is worth opening a local Spanish account for most people.  International Online Banks You can also consider using one of the growing online banks.  Businesses like Ipagoo and Transferwise can provide multi-currency accounts with access to banking services, including the use of
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Purchasing Property In Spain – A Tax Guide

Are you thinking of purchasing property in Spain? Your tax situation will be different depending on whether or not you are considered to be tax resident in Spain. This technical article looks in some detail at the different taxes which may apply to you, depending on how your purchase is structured. This article was written exclusively for Expat Network by B LAW & TAX, International Tax & Legal Advisors PURCHASE OF A REAL ESTATE PROPERTY (DWELLING) BY AN INDIVIDUAL
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The Ultimate Guide To Renting In Spain

You did it. The decision is taken. Your flight reservation number has just landed in your inbox. Now the party begins, it’s time to move to España y olé. Written exclusively for Expat Network by Nestpick   Just like in any other country, Spain might have a wider fan of renting possibilities in bigger cities or more touristic spots than in smaller towns, however, the rent value also varies according to this. At the moment, according
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Moving To Spain: Where To Start?

Moving to Spain can be daunting. It is a beautiful country: warm, friendly and fun to live in. We know the pros – the good weather, the friendly people and the lovely houses. However, there are a lot of factors to take into account when you are ready to move. Here are a few for you to keep in mind! This article was written exclusively for Expat Network by TailorGo 1. Endless House Searching Finding a
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