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Notaries to give greater options to Expats living in Spain

June 26, 2015

On the 19th of June, 2015, the long-awaited draft for the Voluntary Jurisdiction Act was passed by the Spanish parliament, thus fulfilling the need to streamline the court process and give more options to citizens in need of legal assistance. The great delegation of work which occurred years ago consisted of transferring responsibilities from the […]

How is the Trust taxed in Spain?

June 24, 2015

Do you hold a trust abroad? Are you interested in setting-up a trust and wish to know what tax you have to pay in Spain or whether you should pay it at all? If this describes you, or you just wish to know more about the legal figures we strongly recommend you to read this […]

Why do Title Deeds of Purchase have to be signed before a Spanish Notary Public?

May 28, 2015

Apart from incurring a number of expenses, the acquisition of real estate assets in Spain also entails a complicated procedure, which many foreigners find difficult to follow. During the abovementioned procedure, the question often arises as to why the Title Deeds have to be signed before a Spanish Notary public and cannot be signed directly […]

Can I claim the Municipal Tax if the property is sold for less than the purchase price?

May 27, 2015

When a property in Spain is transmitted, the seller must pay two taxes as a general rule: the Capital Gains Tax and the Plusvalia Municipal Tax. The first tax payable by the seller, the Capital Gains Tax, is the difference between the sale price and the acquisition. This tax is payable by both residents and […]

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