Before purchasing a property in Spain we would strongly advise you to do some research and find out how this transaction should be done, what you should look for and what you would better avoid in order to play safe and keep well away from the problems and pitfalls that others experienced in the past. [...]
Please note that this entry is obsolete after changes in the law interpretation criteria by the Tax Administration following various judgments of the Supreme Court. You can read more in this entry of our blog Inheritance Tax for non EU residents It is worth pointing out that Brexit would have a deep impact on the taxation [...]
What do I need to do to rent my house to tourists? Is it now forbidden to rent properties in Andalusia for holiday periods? Do I need to register my property with the Andalusian Tourism Council to be able to rent? Following press publications about the new laws ruling the tourist homes and accommodation in [...]
The Supreme Court has declared contrary to the legal system the Revision of the General Urban Plan (PGOU) of Marbella done in 2010 and therefore it has been declared null and void. This plan sought to regularize the situation of more than 16,500 illegal housing built mainly during the local governments of the GIL party [...]
Spanish Government has approved the Royal Decree Law 9/2015 of 10 July by which certain tax burdens on the taxpayer are reduced. The official reason for this change is that the current economic situation and the forecasts growth over 3% allow the Government to take with immediate effect measures to alleviate the tax burden imposed [...]
EU rules against Spain on discriminatory Inheritance tax applicable to non-residents We have good news for all foreigners with properties in Spain as their future heirs will surely pay less tax and we have excellent news for non residents who inherited and paid tax in Spain over the last 4 years as they probably [...]
The called Act for Entrepreneurs is already in effect. It was approved by the Spanish Parliament and published in the Official Gazette. This law has been prepared to encourage and facilitate the creation and growth of companies and their international development as a necessary engine for the economic recovery of the country. The law has [...]
Welcome to the blog of Vicente & Otaolaurruchi Lawyers. This is the first release of our newly created blog. Our intention is to provide an open and easy-access channel to keep our present and future clients and collaborators periodically informed about new legislation and some other interesting topics and news, related to the investment of [...]
