Dear Sirs,I understand that owners of a property, or a share of one, in Spain who are non resident have to name a fiscal-legal representative to act for them in front of the Spanish Tax authorities for the payment of their non resident tax. Is this true? Can you please clarify what the real situation […]
WEALTH TAX IS BACK
The new Spanish Royal Decree-Law number 13/2011 (Real Decreto-ley RDL 13/2011) was approved on 16 September 2011. This new Decree Law modifies the Wealth Tax Law number 19/1991 of June 6th and restores the temporary obligation to pay once again the previously abolished Wealth Tax. This means that after only few years of 100% tax […]
LEGAL DIFFERENCES BETWEEN BUYING A VILLA OFF PLAN FROM A DEVELOPER OR BUY THE LAND FIRST AND THEN BUILD ON IT.
Dear Sirs, My wife and I are interested in purchasing a Villa (off plan) in the Costa Blanca. The land is owned by the developer who has given us 3 different options to choose from for the construction of our Villa. He has told us that instead of signing a purchase agreement for the house, […]
