Setting up a Limited Company can be an option not just for the creation of a new business but also for the ownership of property. Should it be in the UK or Spain? What about training, property rentals and the … Continued
Valid wills The Spanish notarial system provides more security for those who make a valid will. This is because there is a Central Wills Registry where each notarial will is registered by the notary. The original will is always kept … Continued
We are often asked whether a couple can choose which country to divorce in and where they will have the greater economic advantage. With the new European regulations a “first come, first served” approach has been taken. A lot has … Continued
When you are selling property in Spain it is important to get independent legal advice. There are important obligations on the seller and you should be aware of these. The tax authorities are now much more vigilant and you will … Continued
Q & A with Jon Sutton, Partner with De Cotta Law 1) Is it necessary for clients who own property in Spain to have a separate Spanish Will? Strictly speaking, it is possible to have one English form will to … Continued
The Accident If possible, make a note of the precise location of the accident, the details of all vehicles involved and the circumstances of the accident. Get names and contact details of any witnesses. If the injuries suffered require hospitalisation … Continued
Most ex-patriots from the UK will be acquainted with the fact that if you are domiciled back home, any assets bequeathed to a wife or husband are free of UK inheritance tax under the spouse exemption rule. However, many people … Continued
One very important aspect of living in Spain which seems to cause a great deal of confusion is the subject of residencia. I have lost count of the number of clients who have been under the impression that the requirement … Continued
When it comes to selling your timeshare, be cautious. If it sounds too good to be true, it probably is. They were desperate to sell their timeshare. The management fee had increased over the years, they had not visited the … Continued
A will is one of those things that you know you really ought to do but continually put off. In the UK, almost 70% of the adult population does not have a will. In opinion surveys, most people agree that … Continued
The property boom in Spain may be over but during the last 10 years a large number of people from Britain purchased apartments, villas and commercial properties in Spain. Now that the credit crunch is upon us a number of … Continued
Bringing joint property ownership to an end and declaring joint ownership This may sound confusing but if you are a joint owner with your spouse, civil partner or with a friend it is important to consider the obligations and tax … Continued
