New Mortgage Law approved in Spain

By |2023-10-13T17:23:23+00:00October 26th, 2019|New legislation|

On 17 June 2019 the new Mortgage Law entered into force in order to adapt, with years of delay, our legislation to the EU directives approved back in 2014. This European regulation sought to harmonize the legislation of the member countries with the objective of providing security for banks but mainly for their clients when [...]

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Reduction of Inheritance Tax for Non-EU residents

By |2023-10-13T17:23:23+00:00October 20th, 2019|Blog, New legislation|

We already saw in previous posts of this blog that back in 2015 the Spanish Government had to modify the national legislation on Inheritance and Donation Tax in order to adapt it to the requirements of the sentence issued by the European Court of Justice on the 3 September 2014. As a result, all the [...]

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New laws for lettings in Spain

By |2023-10-13T17:23:23+00:00September 28th, 2019|New legislation|

The Government approved on 1st March 2019 the Royal Decree-Law 7/2019 on urgent measures for housing and rentals that modified the Urban Leasing Law (LAU). The idea behind this modification is to increase the protection and security of the tenants, even above the levels they enjoyed before the changes introduced in the 2013 reform that [...]

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Avoid Inheritance Tax in Andalucia (Spain) before Brexit

By |2023-10-13T17:23:23+00:00April 16th, 2019|Blog, New legislation|

There are good news for property owners in Andalusia with the approval of the first tax measure of the new Andalusian Government (coalition of the conservative party and the liberals): the exemption of 99% in the final tax bill of the Inheritance and Donations (Gift) Tax, which is included in the Decree Law 1/2019 published [...]

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Hard Brexit for UK residents in Spain (Government contingency measures)

By |2023-10-13T17:23:24+00:00April 5th, 2019|Blog|

The Spanish Government has recently approved the Royal Decree-Law 5/2019 of 1 March, which adopts contingency measures for a possible Hard Brexit without agreement between the United Kingdom and the EU. Article 2 of the Decree gives it a temporary character as well as conditions the validity of these temporary measures to the existence of [...]

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