When you are buying a property in Spain it is advisable to appoint an independent specialist lawyer – abogado – who speaks your language. The lawyer will obtain a copy of the Land Registry entry or Escritura – conveyance deed – which … Continued
PLEASE NOTE THE NEW LAW HOLIDAY RENTALS LAW WILL COME INTO FORCE ON 12TH MAY – PLEASE READ OUR ARTICLE AT https://decottalaw.com/holiday-rentals-new-law/ FOR THE NEW RULES We are pleased to report that we have held another consultation with the Junta … Continued
How Modelo 720 affects inheritance tax This is a change in working practice and enforcement of existing law rather than a change in the law. Since December 2012, there has been a requirement on Spanish tax residents to declare all … Continued
The Spanish tax authorities – Hacienda – have begun a new campaign to ensure that non-residents who own property in Spain do pay their taxes. For many years we have been advising property owners of the importance of paying this … Continued
The Spanish tax authorities have commenced a campaign to identify properties where the owners are not paying the correct local taxes. The properties they are looking for are those where a luxury 4 bedroomed Villa has been built on land … Continued
Escaping to a property in southern Spain and the Canary Islands during the long winter months is a real joy for many people. Owning a property and having a second home here has many advantages. Now is the time of … Continued
In September 2014, the European court has decided that Spain has been discriminating against non residents by charging inheritance tax where a resident would be exempt from tax. The decision in Commission v Spain Case C-127/12 states that this discrimination … Continued
IMPORTANT CHANGES TO ENGLISH INTESTACY LAWS The law of England and Wales on intestacy, dying without a will, has been changed. The Inheritance and Trustees’ Powers Act of 2014 has substantially changed the law. Previously where a husband, wife or … Continued
Selling your Spanish property 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 … Continued
This last year has seen an alarming rise in the number of young people leaving Spain to seek work abroad. The UK has been one of the most popular destinations with a 50% increase in the number of Spanish 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
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