Have you been affected by CAM Bank Participating Shares (Cuotas Participativas)? Notes on this toxic banking product.

If you are one of the unfortunate customers who has been deceived by the CAM Bank in having been sold Participating Shares, then you should be aware that: .-these shares are a complex investment product, .-in the event of insolvency of the entity their holders will be the last in line to get paid,  .-they […]

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Are the taxes on your rustic property high, almost as if it were classified as urban? Changes in the cadastral classification.

Question: Dear Lawyer, In recent years the local taxes we pay for our villa in Spain have multiplied. I have asked at the Town Hall, and they told me that it is because the property used to be classified as rustic, and is now considered as developable (possibility to be urbanised), but there are no […]

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Are you an expatriate or foreigner, resident in Spain, but without a Will? Legal consequences.

Dear Readers, As we have informed in previous articles, the European Inheritance Regulation 650/2012 applies to all successions in relation to deaths that occurred from 17th of August 2015 onwards. Since the 17th of August last year, successions in Spain are in principle governed by the law of the country where the deceased has habitual […]

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